Preserving the wealth you have grown and worked hard for is essential for anyone. Just as tax law changes from year to year, the circumstances of your life or business could change as well. As one of the most significant recurring expenses in a person’s life, it’s crucial for you to have a proper plan for your yearly taxes.

At the Law Office of David J. Harris, we understand how important it is to have your taxes in order. When it comes to tax planning, our team is dedicated to reducing the impact taxation has on your wealth and assets. Our goal is to help you receive the maximum benefits available to you under the law.

As a skilled tax lawyer, Attorney Harris will help you make sound decisions concerning:

  • Business entity formation
  • Estate planning
  • Charitable foundations and trusts
  • Commercial real estate
  • Business transaction planning

He will work directly with you to ensure you receive the advice and guidance you need to get your taxes in order. If you are experiencing an issue with your taxes, Attorney Harris will help you throughout the entire process. From counseling on IRS audits to tax investigations, our team will consult with you to determine the best plan of action for your needs.

Tax Planning Strategies

The more wealth and assets you accumulate, the more complex your taxes become. David J. Harris has extensive knowledge and experience in tax law and can help make the planning process easier. If you’re struggling to organize your finances, we offer tax planning in Wilkes-Barre and Northeastern, Pennsylvania, to individuals and businesses so they can feel secure and confident.

The first step is to understand your tax bracket thoroughly. People with higher taxable incomes are subject to higher tax rates, so it’s essential to know where you currently stand. Our team will work with you to determine your taxable income, deductions, credits, and other details.

We’ll then help you identify which tax records you should keep to ensure your taxes are as accurate as possible. These records can include your W-2 forms, any business receipts, real estate invoices, and more.

The next step is to look at what additional tax strategies you can implement to reduce your tax bill. Adjusting your W-4, starting a 401(k), or putting money in an IRA are all great ways to ensure you are withholding the appropriate amount and reduce the income that gets taxed.

How A Tax Attorney Can Help

As a tax attorney, David J. Harris is ready to help you create a tax plan that benefits you financially. He represents individuals and businesses at all stages of their federal, state, and local taxes. From tax planning and return preparation to managing delinquent tax issues, our team provides a broad range of tax services to Wilkes-Barre and Northeastern Pennsylvania, PA, and beyond. Contact us today to get started with our tax planning services.