Wednesday, 10 August 2016

Tax Tips from Robert A Covelle

Robert Covelle is a registered, certified and approved member of Registered Tax Return Preparer, and currently runs his own successful accountancy firm Covelle & Covelle in Stanhope, Massachusetts. Himself and his team are tax advisory experts, and offer advice on taxation requirements, payroll, accounting software, bookkeeping, entity selection, and cash management. Since graduating with a Bachelor of Science from Bentley University in Accounting, he worked as a controller for large scale companies, and a Director of Finance within housing authorities. Covelle has proven time and time again in his work that producing the maximum tax benefit for his clients is the cornerstone of his work efforts.

Covelle & Covelle work with individuals and businesses to prepare tax returns and assist in government regulation compliance. Their efficiency, their technical expertise, and a broad knowledge base has meant that they can provide efficient services and thorough solutions for any taxation and/or business management issues. Everyone’s taxation circumstances are different, so it is crucial that in order to ensure compliance an experienced professional is consulted. Having had experience for over twenty years and with strict adherence to remaining up to date with tax law changes, Covelle aims to help anyone reduce their tax liability.

His quick tips for year end savings:

Pay your state estimate taxes each quarter, paying January’s in December so you can take the deduction that year.
Make January’s mortgage payment in December also, in order to deduct the interest and real estate taxes.
Take advantage of employer flexible spending accounts, they are a great way to save by using tax free money to pay for medical expenses and child care bills.
Don’t forget form 1099HC from your medical provider in order to prove to the state that have medical insurance to avoid being penalised.
Don’t forget any student loan interest that you paid, and take full advantage of education tax credits you may be eligible for.
Planning on going abroad? Schedule a work related meeting while you’re there and cover some of those expenses.

Hopefully this has not seemed too complicated, but if you are worried it is always best to leave things with an expert. Robert Covelle is just one of the many licensed experts who can help, and with over 50% of Americans having their taxes preprepared for them, it is easy to see how it gives them a piece of mind.
Robert A Covelle, and Saving Money on Taxes

Robert Covelle is a respected accountant who has built up a strong professional history in finance. He is an accounting graduate from Bentley University, who first worked his way up to Director of Finance at Somerville Housing Authority before employment as Senior Staffing Accountant at Barneke & Anderson, LLP in Boston. His work as Controller at Boston Tomato Company, a $29 million produce distributor, included supervising the responsibilities of the accounting team, analyzing finances and balance sheets, and managing year end closing process. He has now opened his own firm, and at Covelle & Covelle will bring over 20 years of hard working accountancy expertise to small businesses and individuals within the Stanhope, Massachusetts area.

The crucial objective of all of his work efforts was to diminish the amount of revenue that is lost due to individual income tax, corporation income tax, and partnership income tax. Government policies have lead to much change within tax legislation over the past years, which means that staying up-to-date with the latest requirements is vital in order to secure the best outcome for individuals and governments alike. At Barneke & Anderson, Bob Covelle lead the conversion from ProFX Tax Software to Ultra Tax Software, with an awareness that using only the most efficient, latest technologies ensure efficiency and accuracy when it comes to taxation. This is a principle he is committed to adhering to in his own practice also.

Covelle is a family man, who enjoys spending time with his wife, children and their six grandchildren, so it naturally follows that family ethics blend into his working style as well. At Covelle & Covelle they offer one-to-one consultations with all of their customers and are keen to create long lasting, positive relationships with all of their clients. This approachability proves an investment in the local community as well as an assurance that their objectives will align with any of their customers. Ultimately they demonstrate a strong awareness that everyone’s tax situation is different, and that everyone deserves the chance to reduce their tax liability and save money.

With a strong work ethic, amenable approach, and a solid 20 years of experience, Robert Covelle and his team at Covelle & Covelle will continue to benefit businesses and individuals alike with their accountancy services.

No comments:

Post a Comment