Year End Tax Planning
Year End Tax Planning
As we all celebrate Thanksgiving it is time once again to do some year-end tax planning.
I suggest doing tax planning before year end so there are no undue surprises going into next year. To help guide in the process I have provided the below two resources for your review/use.
To do formal Tax Planning please use out Tax Preparation Checklist in pulling your corporate data together for review being sure to include year to date financial statements and YTD Gross Wages by Employee and your last payroll stub showing your YTD salary and withholding.
Year End Tax Planning: What Businesses Should Do Now
If you fail to plan, you are preparing to be surprised. Learn how you can get ready now for your year-end liability and survive the year-end tax preparation process.
Finding (and Tracking) Business Tax Deductions
Whether you are a new business owner or have owned your company for years, missed business deductions are a consistent cause of concern. Discover new ways and methods to improve your business tracking skills.