In the second episode of Novelty, Levon hosts tax expert Haig Nashalian ahead of the looming April 15 tax deadline to discuss insider strategies and tactics to help you save money on your taxes.
.Haig Nashalian -Brilliant Tax & Accounting Services tel: (818)500-5100…(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

Tax season is upon us, and many individuals and businesses are looking for ways to minimize their tax liability. One popular tactic that some insiders use is to take advantage of loopholes and tax breaks in order to pay less in taxes. Levon Baronian, a tax expert with years of experience in tax planning, is known for his innovative and novel strategies to help clients legally reduce their tax burden.

One of the most common insider tax strategies is to take advantage of tax-deferred accounts, such as retirement accounts or Health Savings Accounts (HSAs). By contributing to these accounts, individuals can reduce their taxable income and potentially save thousands of dollars in taxes. Levon Baronian often advises clients to maximize their contributions to these accounts in order to maximize the tax benefits.

Another tactic that Baronian recommends is to take advantage of tax credits and deductions that are often overlooked. For example, the Child and Dependent Care Credit can provide significant savings for families who have children in daycare or who care for elderly relatives. Additionally, deductions for self-employed individuals, such as home office expenses or vehicle expenses, can also help reduce taxable income.

In addition to these traditional tax strategies, Levon Baronian is known for his out-of-the-box thinking when it comes to reducing taxes for his clients. For example, he has helped numerous clients set up complex trust structures in order to minimize estate taxes or take advantage of loopholes in the tax code. He also stays on top of changes to tax laws and regulations to ensure that his clients are always in the best possible position when it comes to their taxes.

Of course, it’s important to note that while insider tax strategies can be effective, they must be legal and in compliance with IRS regulations. Levon Baronian always ensures that his clients are following the letter of the law and that their tax strategies are above board.

In conclusion, insider tax strategies and tactics can be a powerful tool for individuals and businesses looking to reduce their tax burden. Levon Baronian’s innovative and novel approaches to tax planning have helped countless clients save money on their taxes while staying in compliance with the law. If you’re looking for ways to minimize your tax liability, consider reaching out to a tax expert like Levon Baronian to see how he can help you optimize your tax situation.