2019 is right around the corner and most potential strategies to reduce your 2018 tax liability expire on 12/31/18. Now is the time to review your situation and implement any potential tax savings measures. Business owners have a number of potential moves that they can make prior to year-end. Below are a few of the most common:
In addition to analyzing potential tax saving strategies, the end of the year is a good time to review other common issues and make sure you are in compliance.
We have also posted an Individual Year-End Tax Planning article that you can review in conjunction with this article.
This is general information and a brief summarization of complicated tax issues which are often subject to many exclusions and limitations. We make every effort to verify the accuracy of all information but we do not guarantee or warranty advice disseminated over the internet. Please give us a call to discuss potential strategies and ensure they make sense for your specific situation.
Site powered by Weebly. Managed by Lunarpages