Income Tax Planning and Preparation
An important, but often overlooked element on which to base business and financial decisions is the effect of those decisions on your income tax liability. We work with you proactively to advise you of the tax benefits or consequences associated with certain decisions and the best way to achieve your goals.
Knowing how the timing or implementation of an action (such as a fire sale to reduce inventory. an equipment purchase to increase production, or the sale of personal assets) will affect your income tax liability is crucial in making decisions that will increase your bottom line.