Tax Planning For Small Businesses: Strategies For 2022 - PowerPoint PPT Presentation
Title:
Tax Planning For Small Businesses: Strategies For 2022
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For most small businesses, every penny matters. Not only do you like to optimize income, but you are even required to minimize your tax liability. Many small businesses utilize the cash method of accounting on their books and tax returns. Setting up or contributing to a retirement account can lower your taxable income. Every business’s tax situation is unique, so it is essential to discuss small business tax planning strategies with your tax experts before making any significant moves. To know more visit here – PowerPoint PPT presentation
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Title: Tax Planning For Small Businesses: Strategies For 2022
1
Tax Planning For Small Businesses Strategies For
2022 For most small businesses, every penny
matters. Not only do you like to optimize
income, but you are even required to minimize
your tax liability. Here are a few small
business tax planning strategies you might
enforce. Take benefit of tax reform Think of a
tax status change Delay or accelerate income
Leverage coronavirus tax relief Set up or
contribute to a retirement account Every
businesss tax condition is unique, so its
essential to discuss these small business tax
planning strategies with your tax experts before
making any significant moves.
