Date: January 6, 2023
Pay Less in Tax This Year – Legally
Tax Season is rapidly approaching already. With the holidays and new year recently behind us, this time of year seems to pass in a blur. Many business owners’ shudder at the thought of doing their taxes, wait until the last minute and then rush through it, or find the cheapest preparer to put it all together. Not only is the tax code ridiculously confusing and complicated (on purpose), but many end up paying more (our government even confesses that most business owners overpay!).
Do you feel like you must guess how much to pay for estimated taxes? You are not alone – not only do many business owners feel like they are guessing, but there is the possibility of fees and penalties if they guess wrong, which many would prefer to avoid. Don’t wait until the last minute and hire the cheapest option – you really do get what you pay for. The majority of business owners are so busy running their business, they simply don’t have the time to decipher the difficult tax code, so they end up overpaying instead.
At CP&A, we help you prepare your taxes, but we are passionate about helping small business owners actually pay less in tax legally. Tax planning is a proactive solution to generate savings throughout the year. Our mission is to retrieve every dollar wasted in excess tax payments and convert them into savings for the business and the owner.
We are passionate about helping small business owners save more of their money through tax planning. If you don’t have a plan in place, you are missing out – and most likely overpaying thousands of dollars in taxes. These transparent strategies are custom-tailored to you and your business needs. They are an effective solution to help you save the most amount possible on your tax bill. Think of tax planning as having a knowledgeable guide helping you navigate the complicated tax code. Imagine not having to worry about taxes ever again because you have someone in your corner handling it for you, making sure you’re getting all the deductions and credits you are eligible for and never having a balance due again. How awesome does that sound?
If you don’t have someone in your corner and are looking for guidance, we are happy to help. If you think you may be overpaying in taxes or feel like a tax plan is something worth exploring, contact one of our tax strategists here for a complimentary assessment. Start this new year off right by saving money!