Year end tax planning

 Year end is coming to an end. If you are a small business, there is no other time to save on taxes than now. At this time, we work with clients on a proper tax plan to save money and continue to grow their business. 

For example, we work with LLCs and verify if an S Corp election works for them in 2024. S corp comes with many requirements so it is important to consult a tax advisor before moving forward. But in general, an S corp saves companies in payroll taxes, and the more money the business makes, the more tax you save.