Don’t let the holiday season keep you from taking important steps to reduce your small business taxes in 2021. Here are 3 tips.
Tag: tax planning
4 Year-End Tax Planning Strategies for Small Businesses
September is a great month to start planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider bundling deductible
What are the Itemized Deductions for 2021?
Depending on their filing status, taxpayers can choose itemized deductions for 2021 or take the standard deduction. Here are some tips.
3 Year-End Tax Planning Tips
As the year draws to a close, year-end tax planning may be more important than ever before. Here are three strategies to consider.
Be Sure to Include Tax Planning on your Wedding To-Do List
Couples getting married know there are a lot of details in planning a wedding. Along with the cake and gift registry, the first tax return as a married couple should be on your checklist. The IRS has tips and tools to help newlyweds consider how marriage may affect your taxes.