“Minimizing taxes may be the difference between a profitable business and one that is just scraping by”
-David Rae, Certified Financial Planner
Follow these tips to save on taxes:
- Listen to your tax professional but be sure to find a professional you can trust.
- Track your spending for deductions. Although it can be time-consuming to remember that today is the easiest it has ever been to follow your spending. Try to avoid shoeboxes full of receipts. Accountants won’t mind going through your box, but it will cost you more than the time it takes to track your spending.
- Remember what you can deduct. If you are ever unsure of what is deductible, ask your accountant. It is no hassle, accountants are there to serve you.
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Additionally, you can also learn more about our tax preparation services.