As an accountant working with small business owners I know how much tax responsibility will impact our clients' lives.
The question I personally hear the most is: "Why do I pay less in taxes? "That's why we're spending so much time educating ourselves and our customers about the steps we should take to minimize the taxes legally due.
Sadly, as we are filing our taxes, the IRS will not immediately have such recommendations, so it is crucial for us to be diligent about may our tax liabilities. For this reason, I developed this simple list at the end of the year for all of us to use (I'm in this boat too, you know!).
In this list, you'll find simple, intelligent, and legal actions you can take right now to make sure you pay less in taxes. Plus, I'll tell you what not to do, too.
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