Post Retirement Tax Saving Tips

No one wants to spend all that hard-earned money on taxes. But they are something we can’t ignore, as much as we’d like to. This is where you need an accounting expert to show you the way. From opting for retirement schemes to making transfers of equity to accounts which are not under the tax-paying rule, there’s a lot that can save you taxation troubles. Experts at Ed Lloyd & Associates PLLC have been dealing with such issues for a few years now and share their advice on the same.

Tax-Free Savings are the Key

When you have money in a standard savings account, transfer it to a tax-free investment account or savings that help you get rid of taxes. Even better, go for NS&I savings certificates. They help you on taxes and are ideally meant for long term benefits.

Donations are Great

When you make donations your adjusted net income reduces significantly and automatically. Charity and donations under Gift Aid help you with calculations of your personal allowance, thus helping in taxes. There are many schemes for charity today under which you can opt for saving taxes significantly.

Transfer Assets to Spouse If  Non-Taxpayer

This is probably the easiest and the smartest way to save taxes. If your spouse is not paying taxes or pays only basic-rate, the best thing to do is transfer income-producing assets to their name. Ed Lloyd & Associates PLLC experts suggest this can reduce your income to the extent where your personal allowances can be withdrawn. This can be quite valuable.

Pension Schemes Are a Boon

If you are planning to or are already working beyond a state retirement age, and still haven’t started drawing company pensions, take up a pension scheme. Ed Lloyd & Associates PLLC points out that this will reduce your adjusted net income which calculates your personal allowances.

Follow these simple tips to make taxation issues easier. Get help from an expert today!

For more queries on tax-related issues read – Want To Save On Taxes? Ed Lloyd & Associates PLLC Shares a Piece Of Advice


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Whether you have a big set up or just a small business, there is always a need to plan taxes carefully. Keeping in mind that not everyone is an expert at tax saving, there is a need for accountants who are the pro at the job. With the advent of online services, many vouches for outsourcing accounting services. Not only does it save you time but also money and effort. According to expert, Ed Lloyd & Associates, PLLC bookkeeping services should be outsourced to let businessmen concentrate more on the other aspects of work.

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Gives You More Time

When you outsource accounting operations, it gives you the valuable time that can be put into making the business better. Usually, these functions ask for a lot of time and attention and then raise a conflict of interests. This can be saved by using the accounting services.

You Can Save Money

The rule is simple. Ed Lloyd & Associates, PLLC confirms that when you put money into hiring these services from outside, you do not need to pay full-time wages along with benefits with a salary. You can save on the cost of productivity that comes with payroll formalities. When you outsource, you pay only for what needs to be paid for.

Expertise at Your Service

When you outsource a service you give get expert help from professionals who are full-time into the field of accounting. You are giving your works in the hands of people who are working round-the-clock to the profession and are highly skilled. Ed Lloyd & Associates, PLLC further points out that all this comes at the price of hiring someone for a specific service.

When you want the best accounting services, it’s important to look for professionals who have hands-on experience in handling all kinds of taxation cases. Not only should a firm be able to assist you with tax planning but also suggest on where you can save more.

Use the advice from ED LLOYD & ASSOCIATES PLLC and plan your taxes smartly. Why not save while you still can!

To know more on planning your taxes when you live abroad, read - How to Plan Taxes when you are Living Overseas—A Guide by ED LLOYD & ASSOCIATES PLLC


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One of the main activities that you can be a part of when intending to secure the futures of your near and dear ones, especially your family, is Estate planning. Estate planning can get to be quite confusing, if not done the right way and under the guidance of the best experts. There are a number of tools that you can use to help you with your estate planning and some of the most important out of them are pointed out by Ed Lloyd & Associates PLLC to make the whole process a lot less time consuming and easy for you.

Use Designated Beneficiary Plans

In case that you are well thought through regarding the topic of how to distribute your estate amongst the different member of your family or outside, the easiest way to get it over with, is by opting for the designated beneficiary plans. These plans may be attached to- retirement accounts, life insurances, savings account, etc. This keeps these accounts updated on the decease of the owner of these accounts with the name of the new owner.

Will and the Testament

The will and the testament are the most common documents that need to be prepared for estate planning. These tools help the brilliant group of attorneys like Ed Lloyd & Associates PLLC to direct future owners towards their newly owned properties and belongings.

Power of Attorney

The power of attorney again is a powerful tool that helps in efficient estate planning and also vests the chosen individual with the total power of the power giver’s property and functions that he or she carried on with until and unless he/she becomes physically or mentally unstable to do it, while alive.

The other tools mentioned by the Ed Lloyd & Associates PLLC, that can help with efficient estate planning include- testamentary trust, health care proxy, personal instruction to near and dear ones, a lifetime gifting program, etc. All these tools will surely make the estate planning process a lot easier for you to execute.

If you want to know reson to hire the services of Ed Lloyd & Associates, PLLC then Click here


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Are you a business owner? Are you looking for ways to minimize your tax returns? Well, your search ends with the reliable services of Ed Lloyd & Associates PLLC. They are one of the most entrusted firms since 1994. Having an expertise in tax planning, accounting services, tax preparation, and much more, there are various benefits of hiring them. Enlisted below are some of the reasons why you should hire them:

Trusted and Reliable

Established around twenty years back, the company has been consistent in providing its services nationwide. They understand the needs of their clients and help them in the best ways. They have served several thousands of clients in two decades, making them satisfied.

Worries off your shoulder

You need not worry more as the highly talented and experienced professionals at Ed Lloyd & Associates PLLC help you reduce tax and save lots of money. They know that planning is the most basic requirement for managing taxes. They properly plan tax beforehand and advise you the best ways to minimize it.

Excellent Communication

The professionals at the company personally deal with the particular problem and the situation. They take the appropriate time and listen to every minute detail of the clients. They help you in identifying the mistakes and opportunities available and thus plan accordingly.

One stop solution

Ed Lloyd & Associates PLLC is a one-stop solution for all your financial problems. Not only does the firm excels in tax planning, it provides the services like bookkeeping services, accounting services, setting up the quick books, business valuation, advising on mergers and acquisitions, financial investment as well management of wealth.

Safe and Secure

You feel safe and secure as the information shared by you is kept confidential and not disclosed to anyone.

So, avail the wide array of services at Ed Lloyd & Associates PLLC, forget all your worries and run your business smoothly.

Want to know more about the services of Ed Lloyd & Associates, Click here


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