RC Jones & Associaters would like to remind you and our clients that with the New Year fast approaching, and there is still time for you to take steps that can lower your 2011 taxes. However, you usually need to take action no later than Dec. 31 in order to claim certain tax benefits.  Here are six tax-saving tips for you to consider before the calendar turns to 2012:

Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the years ahead.

The saver’s credit helps offset part of the first $2,000 workers voluntarily contribute to IRAs and to 401(k) plans and similar workplace retirement programs. Also known as the retirement savings contributions credit, the saver’s credit is available in addition to any other tax savings that apply.