Tax Strategies for Business Owners

Tax planning is the process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions to reduce or eliminate tax liability.

Many small business owners ignore tax planning. They don't even think about their taxes until it's time to meet with their accountants, but tax planning is an ongoing process and good tax advice is a valuable commodity. It is to your benefit to review your income and expenses monthly and meet with your CPA or tax advisor quarterly to analyze how you can take full advantage of the provisions, credits and deductions that are legally available to you. read more

Tax Strategies for Individuals
The goal of tax planning is to arrange your financial affairs so as to minimize your taxes. There are three basic ways to reduce your taxes, and each basic method might have several variations. You can reduce your income, increase your deductions, and take advantage of tax credits. read more

Financial Tactics for Life
The useful planning tool, strategy and tactics, was used first in war, not finance. Karl von Clausewitz, the great Prussian military writer, described strategy as the planning the entire campaign and tactics as the planning a single battle. So, strategy focuses on large resources to accomplish a major goal. Tactics focuses on smaller, finite resources to obtain a milestone on the way to the major goal. read more

Business Solutions
CPAs offer a wide range of assistance, including business financial, personal financial, accounting, auditing and tax advisory services. CPAs also serve as consultants on management, human resources, forensic and technology issues. The core services CPAs provide can accommodate any business or personal need. read more

Investment Solutions
Get the Facts: The SEC's Roadmap to Saving and Investing. This is your roadmap to starting on a journey of financial security through saving and investing. read more

Frequently Asked Questions
Questions are listed in this order: Accounting, Business Tax, Individual Income Tax, Other, Payroll Tax, and TPT Tax. read more