Comprehensive financial services include 401K plans, IRA's, Life Insurance and Generational Planning. Taranto & Associates is an across-the-board financial service firm designed to provide honest advice, custom tailored to you with no hidden fees. We are one of the first firms to provide all inclusive financial planning and tax preparation. On this website, you will find information about Taranto & Associates, including our list of services.
We have also provided you with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, and news and links to other useful sites. We welcome family owned businesses and individuals to experience the Taranto & Associates difference. This web site is for the use of residents of AZ, CA, DE, FL, KS, KY, MT, NC, NH, NJ, NY, PA, SC, TX, VA.
By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
We have also provided you with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, and news and links to other useful sites. We welcome family owned businesses and individuals to experience the Taranto & Associates difference. This web site is for the use of residents of AZ, CA, DE, FL, KS, KY, MT, NC, NH, NJ, NY, PA, SC, TX, VA.
By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
Services
For years, Taranto & Associates has been providing quality, personalized financial guidance to local individuals and businesses.
Our knowledge ranges from financial panning, tax planning and preparation, and accounting services to more in-depth services such as estate planning and financial statements.
By combining our knowledge, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
We make sure that every client receives a tailored financial plan that is unique to their long-term financial goals.
Our knowledge ranges from financial panning, tax planning and preparation, and accounting services to more in-depth services such as estate planning and financial statements.
By combining our knowledge, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
We make sure that every client receives a tailored financial plan that is unique to their long-term financial goals.
Our firm offers a wide range of services to our individual and business clients.
Because our firm is relatively small, our clients benefit by getting personalized, quality service.
Below we have listed the services that we offer to our clients.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.
Investment Services *Securities offered through American Portfolios Financial Services, Inc.(APFS).Taranto & Associates is not affiliated with APFS.
Because our firm is relatively small, our clients benefit by getting personalized, quality service.
Below we have listed the services that we offer to our clients.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.
Investment Services *Securities offered through American Portfolios Financial Services, Inc.(APFS).Taranto & Associates is not affiliated with APFS.
Have you just started a new business?
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins.
However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins.
However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Following are some generally recognized financial planning tools that may help you reduce your tax bill.
Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
It's possible there could be additional extensions, so check with your tax advisor for the latest information.
Trusts and estates need to file an income tax return for the 2020 calendar year (Form 1041) and pay any tax, interest and penalties due, if an automatic five-and-a-half month extension was filed.
Employers must establish a SIMPLE or a Safe-Harbor 401(k) plan for 2020 by this date, except in certain circumstances.
Individuals must file a 2020 income tax return (Form 1040 or Form 1040-SR) and pay any tax, interest and penalties due, if an automatic extension was filed.
Trusts and estates need to file an income tax return for the 2020 calendar year (Form 1041) and pay any tax, interest and penalties due, if an automatic five-and-a-half month extension was filed.
Employers must establish a SIMPLE or a Safe-Harbor 401(k) plan for 2020 by this date, except in certain circumstances.
Individuals must file a 2020 income tax return (Form 1040 or Form 1040-SR) and pay any tax, interest and penalties due, if an automatic extension was filed.
Reviews
Be the first to review Taranto Financial Advisors.
Write a Review
