For those of you small business owners that haven’t taken the time to check in with your CPA regarding your tax status, it’s time!
The good news is that if you do the planning between now and the end of the year, you can still minimize the amount of tax you will be faced with come April 15, 2012 BUT the window of opportunity is closing quickly.
At this point to minimize the tax bite your CPA should assess the business operating results through your third quarter and then project results through the end of the year. Armed with this projection your tax professional will be able to guide you through the steps necessary cut those pesky tax costs.
Annie Mueller in her article “Timely Tax Tips For Small Business Owners” addresses some planning pointers well worth considering. To see the article copy the following link into your web browser:
http://www.openforum.com/articles/timely-tax-tips-for-small-business-owners?extlink=em-openf-SBdaily
