Almost all the clients we’ve helped already have a bookkeeper, accountant, or CPA; some are even their family members or friends. Unfortunately, we found it’s very rare that they are also tax strategists.
Inflation has been rising over the past year. Taxes haven’t increased as quickly as inflation, but now it’s possible to pay more in taxes than you used to; this is because the IRS calculates taxes based on income and inflation.
A billionaires tax on unrealized appreciation has floated to make up for the billions of dollars in new revenue that would be raised by tax increase.
Build Back Better Act has been launched includes approximately 1.75 trillion dollars to combat climate change, extend health care and ease child poverty.
With the new tax hikes proposal developed this week in Washington, there are notable changes coming to your capital gains and dividend income taxing.
Tax hikes are back into the mind of legislators as they debate who will pay for the newly proposed 4.5 trillion dollar infrastructure bill.
Download our free tax strategies e-book, intended to help you maximize savings within your business and hopefully utilize those savings to put towards the growth of your business. As you walk through each tip and trick, take a minute to reflect on whether or not this could help benefit your business in the current year or future years to come.
The number of business owners who I have met that are overpaying on their taxes is astonishing. Many of them were already working with a CPA.