Watkins took one of the biggest headaches in my business and made it simple! Excellent, consistent results.-Travis – Brandon Mississippi
Tax season can be one of the most stressful times of the year for many small business owners. This is largely because they tend to wait until the last minute instead of tending to taxes throughout the year. Although the many changes to the tax code for 2018 are intended to make taxes “easier”, it still presents itself as a completely foreign language without the aid of tax accountants. This perceived complexity can easily translate to missing out on some low hanging fruit i.e. tax savings. There are several savings tips to consider for 2018.
It is important to note that making too many business decisions solely based on the tax impact is never a good idea. Still, when owning a business, tax planning and preparation should be an absolute priority. Filing for taxes typically causes a lot of headaches if your books are not clean, your source documents are unorganized, and your tax money is all but enough. However, hiring tax accountants to help manage and explain these activities can greatly increase your chances of focusing on doing what you love, and that is running your business.
Ricky M Hackler