Business and Tax Tips
We know all small business owners are busy running the operation, planning strategies and making sure they maxi-mise profit at year-end. Understanding and staying up-to-date on the latest tax rules is not always a high priority.
However, we don’t think this planning should be totally neglect because there can be good tax savings involved and this adds to the bottom line. Even though some of these tax breaks are eventually claimed on the tax return, year-round tax planning is paramount to fully maximize tax savings.