
Year-end tax planning starts in September, not December
Year-end tax planning is the work of adjusting your income, deductions, and structure before December 31 so your tax bill comes out lower. Most owners treat it as a...

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Year-end tax planning is the work of adjusting your income, deductions, and structure before December 31 so your tax bill comes out lower. Most owners treat it as a...

The Qualified Business Income deduction lets eligible pass-through owners deduct up to 20% of qualified business income before calculating federal income tax. After...

DIY tax software is genuinely good now, and for a lot of businesses it is the right call. The mistake is not using software. The mistake is staying on it about two y...

Every year around this time, the same call comes in. It is August, an owner filed an extension back in the spring, and they have just realized September 15 is closin...

"Tax advisor" is a title, not a certification, and plenty of people use it while doing pure compliance work. That is fine, until you are paying advisor prices for fi...

Most year-end tax problems are not knowledge problems. They are timing problems. The owner knew the move existed, just found out about it on December 28, when it was...

A small business CPA is an accountant who handles both the compliance and the planning side of a company's taxes, and the strategic ones are already thinking about Q...

A tax planner is a professional who structures your tax position ahead of time, and the single most valuable thing one does all year is the mid-year review. Not beca...

Limited liability company taxes are the combination of federal pass-through treatment and state-level obligations that apply to an LLC's income. The federal side is...
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