Contact Us
Galoof & Associates
Drop us a message
Get In Touch With Us
Phone
(617) 427-4455
diish@galoof.com
Office
45 Roxbury Street
Roxbury, MA 02119
Fax
(617) 427-4450
F.A.Q.
How can I reduce my tax bill?
Reduce Your AGI Income & Taxable Income Savings
- Contribute to a Health Savings Account. …
- Bundle Medical Expenses. …
- Sell Assets to Capitalize on the Capital Loss Deduction. …
- Make Charitable Contributions. …
- Make Education Savings Plan Contributions for State-Level Deductions. …
- Prepay Your Mortgage Interest and/or Property Taxes.
How can I reduce the taxes I owe the government?
- Contribute to a Retirement Account.
- Open a Health Savings Account.
- Check for Flexible Spending Accounts at Work.
- Use Your Side Hustle to Claim Business Deductions.
- Claim a Home Office Deduction.
- Rent Out Your Home for Business Meetings.
- Write Off Business Travel Expenses, Even While on Vacation.
What is a good question to ask concerning my taxes?
1. To help you navigate your own tax filing, we’ve got answers to some of the most-common tax questions right here. How do I know if I have to file a tax return? 2, What income do I have to pay taxes on?
3. What filing status should I choose?
What income I have to pay taxes on?
Single, under the age of 65 and not older or blind, you must file your taxes if:
Unearned income was more than $1,100. Earned income was more than $12,400. Gross income was more than the larger of $1,100 or on earned income up to $12,050 plus $350.
Our Service Areas
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Galoof & Associates
45 Roxbury Street, Roxbury MA 02119