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Lavin & Associates in Harrison, NY is the perfect and trusted place for all your tax, accounting, and business management needs.
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Lavin and Associates Qualified Tax and Accounting Professionals
Retirement Contribution • One of the best ways for financial planning is to stock the money in a retirement account for your future and accumulate tax savings at the same time. Contribute as much as possible to your retirement plans to reap the financial fruits in the future. • Since the contributions were made with pre-tax dollars, your employer does not include these amounts in your taxable income for the year.
Start Planning Your Taxes Now • Accumulating your savings is great, but planning to reach your financial goals is better. November has just set in don’t wait and just start with a smart plan that will reduce the taxes. What better way is there to plan than to check your taxes? • If you are waiting for year-end to look out for taxes, think again! Now is the right time to plan everything and take action to reduce your taxes. You can contact the best tax consultant in Harrison, NY tax preparation and discuss the strategies you can follow to lower your tax bill. • However, here are a few tips for tax planning that will help you in your 2019 taxes, which you are going to cover in 2020.
Rebate Your Tax Deduction Has an unexpected bonus this year moved you to a higher tax bracket? Don’t worry! Move some of your tax-deductible expenses from next year to this year, which will result in a reduction of your taxable income and tax bracket if you get your tax deductions itemized. Make donations this year rather than next year and pay for those doctor’s visits. Pay your January mortgage payment in December and reduce your taxes. Keep in mind that under the tax law changes, the standard deduction has been increased. So, if you get your tax deductions itemized and able to claim charitable contributions, you may have to take the standard deduction.
Contact Details Address - 50 Main Street, 10th Floor, White Plains, NY 10606 Phone No. - (914) 682-2102 Please visit:- Website :- https://lavinandassociates.com/ Facebook - https://www.facebook.com/lavinandassociates/ Google - https://www.google.com/maps/?cid=18424683476331059565 Twitter - https://twitter.com/lavinassociates