Tax Planning for Individuals
Tax planning is important for every person to achieve the wealth they will need for the future. Mustafa Tax & Accounting in Astoria, NY can assist the individual or family. When it comes to creating a secure financial future for you and your family, Mustafa Tax & Accounting works with you by navigating the tax codes. He can help find ways to lower your taxable income which lowers tax rates. For example, he may look for ways to increase your retirement fund or finding applicable deductions.
Do you have significant life changes that may affect your taxes?
Particularly when making significant changes in your life, such as getting married, moving into a new state, starting a family, buying a house or other life change, we understand and can guide you in making the best financial decision. For example, in some instances, being married and filing separately may be best for your particular situation. Perhaps you simply need an extension request. We do taxes for full residents, nonresidents, and part-time residents. Did you know you can even amend your past tax returns for up to three years if you believe that you did not take full advantage of certain credits and deductions in previous years? Tax planning will help you save what you need for a comfortable retirement, plan for children’s education, identify ways to save money for emergencies, work toward investment goals and ensure your family will be able to pass on your financial legacy.