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Small business tax planning 2013

One of the areas that require snificant attention is properly planning for our S-Corporation clients. Newsletter contents: Year-End Tax Planning for S-Corporations Katie Shaw & Tyler Yadon’s Wedding Client Spotlht – Home Instead Senior Care At this time of the year we are working hard on tax planning and preparing for the upcoming tax season. But for business owners, it also means getting financial ducks in a row in preparation for the upcoming tax season.

Small business tax planning 2013

Small business tax planning 2013

The arrival of year-end presents special opportunities for most small businesses to take steps in lowering their tax liability. There are many new and pending changes for the upcoming tax season, and some of them will be particularly important for small businesses.

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  • The starting point is to run projections to determine the income and tax bracket for this year and what it may be next year.


    Small business tax planning 2013

    Small business tax planning 2013

    Small business tax planning 2013

    An S-Corporation is a desnation in the IRS tax code that changes how a corporation is taxed. However there are other, slhtly more creative, ways to reduce your tax burden that are perfectly legal and within the rules of the IRS.

    Small business tax planning 2013

    For consumers, this means holiday shopping and New Year's resolutions. WRITE A VIRUS [Update Jan 2013] Congress and the Obama administration have reached an agreement that will extend a number of small business tax breaks through 2013 following the fiscal cliff deal which was legislated through the Taxpayer Relief Act of 2012.


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