By Smith Office Solutions | July 23, 2012 at 04:09 PM EDT |
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It really isn't too early to start thinking about income taxes. I know they aren't due until next year for the most part. You maybe losing opportunities to save on your business income taxes by not having a review before the end of the year. Leaving a review to December leaves you less time to make plans to hire new employees or buy new equipment. We do a review with our clients before the end which makes their books ready to do the taxes come the first of the year and it allows them to go to their CPA and ask "What can I do to reduce my taxes". The best solution really is to have monthly review. If you think you don't want to waste money on the review you will probably end up spending more money having it only done once a year. If you are using QuickBooks it allows us to review your books quite easily. Make your life easier at tax time and your CPA too. We would like to show you how.