Common tax questions answered

INDIANAPOLIS (WISH) — Tax day is less than a month away. But if you haven’t started filling out your tax forms, don’t worry.

24-Hour News 8 spoke with a certified financial planner, Joe Clark. He’s a partner of Financial Enhancement Group.

We asked him some questions about taxes. Watch the video to find out some answers to the questions below.

  • What are ways in which we can reduce our 2015 tax liability?
  • Filling up the forms can be stressful and time consuming. How can we minimize the pain of filing next year?
  • What are the most commonly overlooked deductions?
  • When does it make sense to file for an extension?
  • What lines on the tax form must you know and understand in order to make the best tax decisions for your financial future?
  • What should IRA account owners know about required minimum distributions?
  • Where can people find you?

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