It's the end of 2015 and your friendly neighborhood Flushing/Whitestone accountant is dishing out some tax saving tips that will bring in the New Year with some delicious savings.
Flushing, NY -- (SBWIRE) -- 12/22/2015 -- As we enjoy our last few tasty bites out of 2015, Angelo Cavaleri accountant/enrolled agent and former NYC pizza restaurateur extraordinaire says that now is the time to save on your 2015 taxes. With this in mind, Mr. Cavaleri has the recipe for some scrumptious year end tax saving tips.
TAX TIPS FOR YEAR END SAVINGS:
#1- If you bet on the horses or like taking a junket to Vegas or Atlantic City now and then, save all your tickets and receipts. Gambling winnings are taxable and the losses can be deducted from those same winnings. Remember to bet with your head...not over it!
#2-Gather all your expenses and forms for 2015 and make sure you don't leave any out. Bring those records to a tax professional who knows how to utilize them to lessen your tax burden.
#3- File your taxes early. Get your refund as soon as possible and remember payments are due this coming year on April 18, 2016 – but don't wait for the last minute!
#4- When it comes to car expenses....keep a log! Record your business miles so you can drive away with those tax savings.
#5- Choose your tax preparer well! Remember a licensed E.A (Enrolled Agent) is strictly focused on taxes with the privilege to represent clients before the IRS without the client being present. Moreover an enrolled agent continuously studies the latest tax rules and regulations giving their clients the piece of mind that their taxes will be prepared properly and correctly while taking advantage of those tax savings afforded to them.
About Angelo Cavaleri
Angelo Cavaleri is an experienced accountant/enrolled agent and is located in Flushing Queens NYC (http://actaxny.com). All income taxes and accounting services are personally prepared by Mr. Cavaleri and he can be reached at 718-614-4091 for a free consultation for all personal and business tax needs.