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Do you stay in contact with your tax professional throughout the year or only reach out come tax time? āRegularly scheduled meetings allow your tax professional to provide valuable advice on managing capital assets, equipment purchases, and other major financial decisions,ā says Peter Thelen Sr., CPA and founder of Thelen Financial. Working Effectively with Tax […]
Even though your businessās taxes arenāt due until the spring, itās always a good idea to be proactive in your tax planning to maximize deductions and prepare for next year. āA lot of people think about, āHey, what can I do to reduce my taxes this year?ā and a lot of that tax reduction sometimes […]
As your business shifts into the slow season or the snow season, depending on where youāre based, you might just now finally have time to think about preparing your books for tax season. While it can be tempting to put these matters off until your busy season is over, maintaining your books on a daily […]