Question: When is tax season for a small business owner?
Answer: All year round.
We generate profit from sales, but we keep the profit from maximizing deductions. As entrepreneurs every penny counts. One of the best investments you can make is in a great tax advisor. Notice the word advisor and not preparer. Many people have the word CPA after their name, but do not have your businesses best interest at heart. Did you know it's not required for you to be a CPA to prepare taxes? Some of the best tax advisors I know do not carry the CPA letters.
What these advisors do carry however is a passion to see you keep every dollar you can legally through qualified tax deductions. Tax advisors are your partners in your business journey and they work along side you to create a plan that minimizes your tax liability based on the type of business you own and operate. Good advisors get to know you and your business. They are people you feel comfortable sharing the plans your upcoming business expansion plans and the purchase of your first office space.
Here are a few things to look for when choosing a tax advisor. A good tax advisor should:
#1 - Open year round
#2 - Specialize in business taxes
#3 - Make you feel as if there is no such thing as a "stupid" question
#4 - Reach out to you on a regular basis to see what changes are taking place in your business
Questions? Contact Heather Schooler at Red Sapiens. firstname.lastname@example.org