Personal Business Services

PERSONAL BUSINESS SERVICES

CPA Services in Mahopac, NY

Tax Preparation For Individuals

Before tax time rolls around, remember that we not only do tax preparation and returns for businesses – but we prepare personal tax returns as well. The benefits of this dual service ensure that you receive a more thorough return that captures all the deductions offered to business owners.
A professional working on CPA services in Mahopac, NY

Income Verification- Prepping For Mortgages, Loans

The current lending environment provides a lot of challenges, securing a mortgage or apartment have become increasingly difficult and complex. This is especially true for the self-employed, who are often required to prove steady income for longer than traditionally employed individuals. To provide proof of income, self-employed individuals are often asked to obtain authoritative documentation from their CPA. Often, a letter written and signed by a CPA certifying the accuracy of the income and/or tax returns of the applicant is sufficient. Colasanti & Iurato can:
  • Confirm your self-employment status
  • Verify your income from self-employment over a multiyear period
  • Verify your business income and ownership percentage
  • Calculating the profitability and sustainability of your business
  • Analyzing how a real estate purchase could impact your business finances

Individual Tax Planning:

Tax planning is a year round challenge that requires a lot more than simply calculating deductions and filing your yearly 1040 every April. Let Colasanti & Iurato design a customized tax strategy that meets your specific financial needs. We can help you preserve your income and assets by:
  • Minimizing tax liability on income and investments with year-round planning
  • Deferring income and expenses to future years for better long-term financial planning
  • Reducing tax liability on your estate so your family can keep more of what you make
  • Reducing taxes on gifts so you can share more of your money safely
  • Reducing taxes on your retirement income so you can relax
  • Maximizing tax deductions so you can keep more of your income

QUICK CONTACT FORM

Learn how Colasanti & Iurato can help you exceed your business goals. Fill out the form below or call our White Plains Office: 914.923.5400

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