Tax Planning Attorney in Mississippi
Committed to Assisting You with Your Tax Matters in Jackson
Tax planning is crucial for ensuring that you are always paying the lowest tax bill possible. For investors, it is an especially important part of their financial plan. At Damiens Law Firm, PLLC in Mississippi, our experienced attorney is skilled in handling tax planning and will help you analyze your financial goals, so we can develop the most effective strategy for you.
Reach out to our law office today at (601) 871-6322 to schedule a free initial consultation with our Jackson tax planning attorney to learn more about our services and how we can prepare you for the future.
Working with You to Reduce Your Taxes
The goal of tax planning is to ultimately lower your tax burdens. Our attorney will create tailored strategies to accomplish this goal in a manner that is most effective for your finances.
Here are some ways in which tax planning can reduce your taxes:
- Minimize taxes through a business: If you have a business, there are many tax advantages that can reduce your overall obligation, which we can help you explore. Some particularly important tax deductions for self-employed individuals are health insurance premiums. However, there are certain special requirements that must be met.
- Reduce your tax bill through retirement savings: Saving through a retirement plan is one of the most popular and effective ways to reduce taxes. If you contribute to a traditional IRA, you can lower your gross income by the amount you contribute.
- Tax gain-loss harvesting: This form of tax planning is also related to investments. You can use your portfolio’s losses to offset your overall capital gains.
- Claim tax credits: There are a variety of IRS tax credits that will allow you to reduce your taxes, including the Earned Income Tax Credit.
Talk to Our Experienced Jackson Tax Planning Attorney During a Free Initial Consultation Today!
At Damiens Law Firm, PLLC in Mississippi, we will work with you to minimize your taxes through a variety of methods. You should not have to pay more taxes than you have to. Let our attorney analyze your finances and create the most effective plan for you. The Jackson tax planning attorney at our law firm has been helping clients since 2011 and would be honored to assist you.
Reach out to our law office today at (601) 871-6322 to schedule a free initial consultation with our experienced attorney to get started on your tax plan, so you can lower your tax bill and get the most out of your finances.