September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider
Tag: tax planning
3 Tips to Reduce your Small Business Taxes
Don’t let the holiday season keep you from taking important steps to reduce your small business taxes in 2021. Here are 3 tips.
What are the Itemized Deductions for 2021?
Depending on their filing status, taxpayers can choose itemized deductions for 2021 or take the standard deduction. Here are some tips.
3 Year-End Tax Planning Tips
As the year draws to a close, year-end tax planning may be more important than ever before. Here are three strategies to consider.
Be Sure to Include Tax Planning on your Wedding To-Do List
Couples getting married know there are a lot of details in planning a wedding. Along with the cake and gift registry, the first tax return as a married couple should be on your checklist. The IRS has tips and tools to help newlyweds consider how marriage may affect your taxes.