Had a great year? You just made Uncle Sam’s day! If you have yet to sit down with a CPA for tax planning, now is the time. A good CPA can reduce your tax liability, providing more money for you to save and invest. The most common techniques involve:
- Delaying income until next year
- Accelerating payments of current and upcoming expenses
- Investing in your business for an even better next year
Smart investments in yourself and your business can minimize your tax liability and set you up for an even better 2018. Here are our best recommendations: