Month: October 2019

Save Money On Taxes During Retirement

Written by Paul Belfiore on October 25, 2019. Posted in Blog, Taxes.

Nashua, NH Couple Looks For Suggestions

One of the easiest ways to keep your tax bill down in retirement is with a Roth IRA. With this account, contribution withdrawals and money earned are tax-free. A health savings account or HSA is a good way of setting aside money for medical expenses, tax-free.

How a Mortgage Can Reduce Your Tax Bill

Written by Paul Belfiore on October 11, 2019. Posted in Blog, Taxes.

Milford, NH New Homeowners Seek Advice

The money paid toward your mortgage interest reduces your adjusted gross income. This brings down your taxable income, in some circumstances even putting you in a lower tax bracket. To take advantage of this potential savings, you must deduct your mortgage interest from your annual tax bill.