At Nissen and Associates, we provide valuable small business tax planning services for our clients. Are you a business owner interested in taking steps to maximize your financial position for the future? Start by taking advantage of our tax consultation for new clients.
What is Business Tax Planning?
Tax planning is the strategic approach to ensuring your finances are not just adequate, but well ahead of the curve. Businesses we work with pay the lowest amount of taxes allowable by law. And that is because we continually look for ways to minimize taxes throughout the year – not just at tax time.
Our team can give your business planning tips and set you up to reduce your tax liability successfully and legally. We also go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income. It is critical for us to stay on top of the tax laws, complex tax code, and new tax regulations. We do that by attending frequent tax seminars to ensure our knowledge is current.
The following factors show up in most tax planning strategies:
- Deductions
- Exemptions
- Rebates
- Allowances
- Concessions
- Local tax laws & individual circumstances
Business Tax Planning – Tax Reduction Strategies
To create effective tax reduction strategies, Nissen and Associates takes full advantage of each tax saving opportunity. You will have a variety of options available to ensure your future financial position.
Business tax planning is about forward thinking. It is aligning your current business practices with methods that ensure the maximum of tax savings.
Scott Nissen, EA
Common opportunities which you can take advantage of are:
Tax Deductions:
- Claiming tax deductible business travel expenses
- Claiming tax deductible charitable donations and business promotion activities
Tax Credits:
- Child and dependent care credit
- Hybrid car credit
So how do you come up with a complete tax planning strategy to maximize your future financial situation? You can start by reaching out to us today for small business tax planning and support. Our guidance is industry specific, and based on your personal circumstances.
Give us a call at 360-778-2901 today and let’s start the conversation.
