Karyn Richardson, CPA •
Now that we are nearing the mid-year mark, it is a good time to review how your business has done thus far and project where it is going for the remainder of the year. Many people believe that tax planning is something that happens in December, but successful tax planning is an on-going process that requires the business owner and their tax advisors to communicate and evaluate the business and the owner’s personal tax situation on a continuous basis.
When reviewing your year-to-date numbers, consider the following:
Now that we are nearing the mid-year mark, it is a good time to review how your business has done thus far and project where it is going for the remainder of the year. Many people believe that tax planning is something that happens in December, but successful tax planning is an on-going process that requires the business owner and their tax advisors to communicate and evaluate the business and the owner’s personal tax situation on a continuous basis.
When reviewing your year-to-date numbers, consider the following:
