HELP FOR SMALL BUSINESS OWNERS

One of the things I do is try to help business owners make more money and pay less in taxes. 

Over 25 years of doing this I have discovered that most business owners are unaware of all the tax breaks available to them as business owners. Same is true for the self-employed.  Even though you may not think so, the tax code is written favorably for small businesses because the engine on which America runs is small business. There are many things in that tax code that are designed to promote mall business health. On top of that there is the Small Business Administration (SBA) which was created for that sole purpose.

Small business tax return preparation and filing is a core service offered to our clients. Whether you are organzied as a Sole Proprietor or llc, a properly prepared tax return can be filed to minimize the tax owed. 

The keys to minimizing your tax are organization and record keeping.  We find great opportunities in this area among our tax clients each year.  Tools than can be utilized are:

Accordion file, to keep all those pertinent receipts and documents so when the time comes your preparer can access them easily and not be searching for paperwork.  Many taxpayers are not able to get the full benefit of tax deductions because documentation is misplaced or lost.  This can be extremely costly.  Our experience would indicate that some lose as much as 50% of deductions because of this.  Another big issue is that many self-preparers are unaware of all the deductions available to them. The takes more than 73,000 pages to explain the US tax code. Pretty easy to overlook things. There are also some apps out there that can help facilitate recordkeeping, almost make it foolproof.

We will be happy to help with all of these things, just give us a call. As always, your first visit is comlimentary;  No charge, No obligation.