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It's time once again to start thinking about preparing your income tax in New York. While it is challenging for some to wait until April to file, you can get a jump start on yours. There are several different ways that you can get more money back and that is to ask your New York CPA for tax tips. If they cannot help you this year they will help you prepare for next years. Here are some NY CPA tax tips to help you get through tax season with ease. The first and most important tax advantage that you have is your mortgage. You probably receive a notice from the bank at the beginning of the year stating how much you have paid in your mortgage interest from the year before because this interest is completely deductible you can make an extra payment at the end of the year to increase the amount that you paid in the mortgage interest. If you attend college there are several ways to use this expense toward your income tax filing in New York. College can be expensive but the good news is that you can use a portion of your interest payments made toward tuition as a deductible. Even though school is out certain times during the year it is important and possible to count the interest up through December 31. If you run your own business and need a tax preparation New York CPA or accountant NY can offer several helpful tax tips to help you save money on your income taxes. A CPA in New York can direct you on the best ways to keep track of your income and expenses as well as listing everything on paper. It helps when you can see it down on paper to know what you are spending out and why. Keeping track of your business in New York can help you become even more successful than what you imagined. New York CPA tax tips are easy to get and understand. You can ask an income tax CPA any question during the off season as well as the current tax season. A taxes CPA that you can trust will come up with things that you never thought about regarding taxes. They should because that is their job. You can also trust the opinion of a taxes CPA for questions on saving money, managing money, estate planning, any type of financial planning, retirement, peace of mind, and more. You should be able to get help from a CPA on anything that has to do with taxes. Saving money is important and with the help of a CPA you may save a lot of money on next years taxes. If you don't have a CPA to do your taxes you may want to consider finding one. You can take advantage of all their services offered to anyone. You can do a simple search to locate a New York CPA by checking the phone book, searching online, or asking a friend that uses a CPA NY to do their taxes or you can use customer reviews
online to help you find the right CPA for the job. Ask your income tax CPA for tax tips so you can start saving now.
Jonathan Medows, CPA, MBA is the Managing Member of MEDOWS CPA, PLLC, a boutique New York CPA firm serving the needs of individuals, freelancers, self employed individuals & small businesses. To see how he can help you reduce your tax liability and keep you in tax compliance please visit his website: Medowscpa.com
Article Source: http://EzineArticles.com/?expert=Jonathan_A._Medows
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