Forbes states that 95% of business owners overpaid on their taxes. Does that surprise you? We find that the average small business is overpaying $8,000 to $12,000 in taxes every year!
Many small business owners wonder when to start tax planning. The answer is right now. Effective tax planning must be proactive so whether your business is new or established, when we become your CPA, we’ll begin planning for tax time immediately. We’ll work throughout the year to help you get all of the tax breaks available to your business so you save the most money possible. We look at everything from last year’s tax return to your business entity to identify how to reduce tax liabilities and increase profits. Our strategies are reliable, ethical, and effective for all types of small businesses. For individuals, we also recommend a variety of techniques to maximize after-tax income and put more cash in your wallet.
Tax laws are constantly changing and being revised. This can provide opportunities to take advantage of different deductions and save you more money. Using the latest tax legislation, we'll identify the best ways to legally lighten your tax burden, keep you in compliance, and avoid trouble with the IRS.
Find out how our tax planning services can minimize tax exposure for you and your business. Call (214) 746-5074 now or request your consultation online.
Brown Welch Mehta CPAs boast the special designation of being a Certified Tax Coach (CTC). This means they are experts in tax planning strategies and have the ability to identify tax credits, deductions, and loopholes that the average CPA, accountant, or Enrolled agent does not know how to find.