Income taxes are a huge part of our annual, monthly, weekly or even daily lives.
When you add up Social Security (FICA), Medicare, Federal, State and sometimes City taxes, Uncle Sam is taking almost 40% of our hard earned money.
There are ways to reduce or even eliminate your tax liability by using legitimate legal tax loopholes shown in my book.
The goal is to reduce your taxable income as much as legally possible.
Keep in mind, you only pay tax on taxable income; not untaxed income such as municipal bond interest income and distributions from Roth I.R.A.'s.
Raymond J. Passero has over 39 years of experience in Accounting and Taxes working with some of the largest worldwide Corporations, Hedge Fund, High Net Worth Individuals, SportsStars, Authors, Hollywood Stars and Producers, and wealthy businessman.
He attained his Certified Public Accounting (CPA) license in 1988.
He attained his Securities licenses in 1996.
He was the author of Millionaires Tax Secrets which was published in 2004 and guest speaker at numerous events.
He currently has offices in Tarrytown, NY and Mahopac, NY.