Local Attorney Helps Metro Detroiters Properly Prepare for Year End Taxes

By: PRLog
Venar Ayar was awarded the prestigious Super Lawyers Rising Stars Award in 2014. Super Lawyers is a rating service of lawyers from over 70 practice areas that have attained a high-degree of peer recognition and professional achievement. One must be under the age of 40 and the selection process for this award includes independent research, peer nominations and evaluations. No more than 2.5% of the attorneys in a given market qualify for this award.
PRLog - Oct. 22, 2014 - DETROIT -- Michigan Tax Attorney Venar Ayar of Ayar Law Group continues to help his clients across Metro Detroit prepare for the end of 2014 and guide them through the tasks of properly preparing their families and businesses to stay in compliance with the tax laws.

Ayar has helped hundreds of Metro Detroiters as well as clients around the world prepare as well as fix their tax problems teaching them the do’s and don’ts of the law.  As the year ends he has offered a list of tips and essentials to his clients telling them the things they must do before the end of the year to stay on top of their taxes and paperwork, making sure all are in compliance with the IRS.

“It is very important for people to know what they must do in order for them to be in compliance with the IRS whether it be with their personal taxes or for a business they may own,” says Venar Ayar, President of Ayar Law Group.  “The smallest mistakes can be detrimental for someone.   We often see celebrities on the news in tax trouble and most of the time these are things that could have been done properly in the first place, along with fixing mistakes correctly and efficiently with the IRS.”

Some of the suggestions that Ayar gives his clients include strategies such as income deferral, which is as simple as asking your employer to pay your bonus in January instead of December, or holding off on selling stocks and other investments with taxable gains until the next calendar year.  Ayar may also suggest deduction acceleration strategies such as paying deductible expenses, such as college tuition, and your 4th estimated state tax payment this year instead of next.  Also, increasing your 401(k) or IRA contributions up to the maximum allowed, taking advantage of the deduction this year instead of next. Venar highly recommends researching all options and consulting with a Michigan Tax Attorney or CPA before making any major decisions.

About Ayar Law Group

The Ayar Law Group specializes in helping individuals and businesses solve their tax problems.  Our Michigan tax attorneys serve all of metro Detroit and the greater Southeastern Michigan area. Our narrowly-focused tax resolution practice gives us the specialized knowledge and experience we need to fully understand the nature of, and best possible solutions to, each and every individual and business tax problem. www.ayarlawgroup.com.

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