At Nissen and Associates, we love helping small business owners plan for a strong financial future! Our business tax planning services are designed to help you make the most of your money and set your business up for success. If you’re looking for ways to improve your financial position, let’s start with a tax consultation for new business clients.
What is Business Tax Planning?
Business Tax Planning is all about strategically managing your finances to ensure you’re not just meeting tax obligations but staying ahead of the game. At Nissen and Associates, we help businesses pay the lowest amount of taxes legally allowed by continuously looking for ways to minimize tax liability—not just at tax time, but all year long.
Our team is here to provide expert guidance and tax-saving strategies tailored to your business. We go beyond basic compliance by proactively recommending ways to maximize your after-tax income while staying fully within the law. Tax laws change frequently, so we make it a priority to stay up to date by attending regular tax seminars and keeping a close eye on new regulations.
Key Business Tax Planning Strategies Include
- Deductions – Identifying expenses that can lower your taxable income
- Exemptions – Understanding what income may be exempt from taxation
- Rebates – Taking advantage of tax incentives and refunds
- Allowances – Optimizing benefits for your business structure
- Concessions – Finding special tax relief opportunities
- Local Tax Laws & Individual Circumstances – Customizing strategies based on your unique situation
With the right planning, you can reduce your tax burden and keep more of your hard-earned money.
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. Let’s work together to set your business up for financial success! Contact Nissen and Associates today to get started.