Summer is the perfect time to start tax planning!
Tax planning means that we use your income and expenses from this first half of the year and project what the second half will be like; saving you money when you file your taxes next year.
Will you have an increase in income? Will you be adding labor to your company? Do you know if you can afford to add employees or move to a new building? Do you need to purchase new equipment? Will you be expanding your family?
All these questions (and more) can change your tax situation. We can determine if a change in withholdings is necessary or if there is an estimate due. Give us a call or send an email and we can make an appointment or communicate online. Making an estimate in June or July, and again in September, can save you penalties and interest come next April.