We have added a new pafe here on the website about our Tax Planning service, which is included with our bookkeeping service. We believe that the time to handle your taxes is throughout the year, not just at the time when you write out your check when you file your annual tax forms.
Let us be clear: we believe in compliance with all taxing authorities rules, regulations, and the laws of all jurisdictions. But being compliant does not mean you should over pay your taxes, either. Sloppy bookkeeping is one easy was for a business to overpay on their tax bill. Always strive to be compliant with the taxing authorities, and in a position to prove that each expense is well documented and appropriate.
And keep in mind that what you do today could reduce your end of the year tax bill. Maybe you should buy that piece of equipment you need for expansion, and your down payment might make sense – especially if that reduces your tax bill. Rely on your UpToDate books and financials to make these critical decisions.
If you want to read about our Tax Planning service available at no charge to our clients, click here.