Start Planning your taxes...NOW!
Taxes. That dreaded word. We don’t like to think about it, but it’s something we have to think about all the time, actually, if we own our own businesses. Taxes don’t just happen on April 15. In fact, you need to plan for them throughout the year; think ahead so that you can make adjustments and minimize your tax payments come April 15.
Of course, taxes can get complicated. Hey, even Albert Einstein claimed, “The hardest thing to understand in the world is the income tax.” And you’ve got more important things to do with your time. Make sure there’s someone in your corner providing the advice you need.
Here are some questions to ask yourself and some important facts to consider.
Who’s sitting down with you on a regular basis to determine the tax impact of your key decisions including major purchases and sizing your personal paycheck?