When it comes to taxes, advanced tax strategies can work for many small businesses and the savings will surprise you. For most small businesses I see, they can lower their tax liability by $10,000, $20,000 and more per YEAR! Thats no small change!
The problem is most small businesses are not aware of these strategies and how to properly implement them. There are many factors that go into determining what strategies work for you and your situation. Even the type of entity for example can make a big difference. If you own a business and you are making $50k or more, then you should definitely work with a experienced CPA and Tax Consultant and see if you can pay less in taxes and keep more of your hard earned money! If you are interested in learning more about Tax Planning, I offer a free phone consultation to see if it may be right for you.