Here are three of the week’s top pieces of financial advice, gathered from around the web:

End-of-the-year tax checklist
Now is the time to make moves to lower your tax bill, said Laura Saunders at The Wall Street Journal. Many filers are still getting used to the new rules following the 2017 tax overhaul. At the top of many tax advisers’ to-do lists: “Check your withholding or estimated taxes.” One more late-in-the-year project: setting up a solo 401(k) if you are self-employed. These plans have higher contribution limits than other tax-advantaged retirement accounts — generally $56,000 a year. You can fund your solo 401(k) for 2019 until Oct. 15, 2020. “But the plans must usually be set up by Dec. 31, 2019, even if contributions come later.”

Two-tier pickups for airport Ubers
“Is there a good solution to the Uber crunch at airports?” asked Josh Barro at New York magazine. Because ride-hailing companies like Uber and Lyft require each driver to find “a specifically assigned passenger, rather than picking up whichever passenger the driver finds first,” congestion is at an all-time high. More airports have now started to move Uber pickups to locations far from …read more


Source:: The Week – Business

      

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