In addition to having two extra days to meet the tax deadline this year, taxpayers also have two extra days to make contributions to their Individual Retirement Accounts (IRA). This is great news for those searching for additional deductions because you may be able to deduct some or all of your contributions.
Here are some guidelines to keep in mind for your IRA contributions:
You must make contributions for 2011 by April 17, 2012.
For 2011, the most you can contribute to your traditional IRA is generally the small...
[More]