Peligri & Company, CPAs

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Tax Preparation

Today's tax laws are so complicated that unless your financial affairs are extremely simple, chances are you will benefit from at least occasional help from a tax professional. It is too easy to overlook deductions and credits to which you are entitled if you prepare only one return a year. Even the use of computer software is no substitute for the assistance of a seasoned tax preparer.

We prepare hundreds of tax returns every year. We know what to look for when your return is prepared. More importantly, you will have someone to answer your questions during the rest of the year. And we can put you on our mailing list to receive timely tax, business, and financial advice.

Your Tax-Cutting Checklist

Whether you're a wage earner, an investor, a business owner, or all three, you should use the tax-cutting benefits available in the tax law. There is little to be gained by paying more tax than the law demands.

"Over and over again courts have said that there is nothing sinister in so arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant."

Judge Learned Hand, in Commissioner of Internal Revenue Service v. Newman 159 F.2d 848,850 (1947)

Identify the tax-savers for which you qualify. Here's a partial checklist of tax cutting areas to get you started. Check the list to see if there are tax breaks that you are overlooking. Since each person is different, it is impossible to identify each tax cutting break available without a personal consultation and review.

For Individuals:

For Investors:

For Businesses:

For your convenience, we have provided a FREE tax organizer. Print it out, fill in the sections that apply to you, and bring it to your tax preparation appointment.

Contact our office if you have questions or want more information on these and other strategies that could reduce your taxes.

Peligri & Company
Certified Public Accountants
302 Union Street
Hackensack, NJ 07601
(201) 489-6500
Fax: (201) 489-6056


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