INDIVIDUAL TAXES

Individual Taxes

Federal, state, and local taxes can affect individual income taxes in a variety of ways. Luckily, our specialists stay up-to-date on all tax laws, allowing us to recommend strategies that will help you navigate the rules and inclusions that go with individual tax filing to maximize your earnings. 

Understanding the tax rules that apply to your income involves an understanding of the reciprocity agreements in which the state you’re in allows income to be earned. Between the computations and collection of income tax that the state law enforces, it is often a daunting task to maintain compliance regarding taxable income, deductions, credits and many other factors based on all forms of income such as wages or salaries, commissions, business earnings and other forms of investments. 

Did you know that with proper planning, you may enjoy tax benefits, deductions and other reductions on your tax obligation or amount owed? Our years of providing New York individual tax services taught us that the IRS offers a series of deductions for investments, health care, education expenses, charity and more. In this case, Levine & Associates allows you the freedom to gain the advantage of having an experienced team of professional CPAs to manage all these for you. 

The same way that we are savvy in managing corporate and business taxes, our team can provide you with the same level of invaluable resources and support for individual tax compliance. By analyzing your income and assets, we will be able to create a clear and full picture of your actual financial status. This will allow you to do effective planning for your future investments as well as retirement savings or pension. 

All essential things that will help you achieve financial freedom starts with an accurate picture of your current personal financial situation. And that’s why our custom approach to managing your taxes will prove to be handy and extremely useful in more ways than one.