No one can predict the future perfectly, but we can all benefit from planning for it. We combine expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan, spending, and possible save in taxes doing so!
Better late then never, as the IRS renewed 3 items that appear on many individuals tax returns for 2017. Tax returns prepared prior to the renewal will need to file an amendment to get credit for these items. Check with your tax preparer to see if you could take advantage of these, and if an amendment is needed.
I had the privilege of touring The New Foundation (TNF) facility yesterday. They are a 24/7 residential campus working with emotionally and behaviorally challenged youth. They teach kids and their families the skills needed for building a stronger foundation for their future. That is the message gracing their advertising collateral.
Arizona Tax Advisors provides tax services to individuals and businesses, and we are committed to helping our clients navigate the tax laws to minimize tax liability. However, it is inevitable that all people that earn money, will have some tax liability. Arizona provides its taxpayers unique opportunities to donate to schools and charities in lieu of paying state taxes!
Tax planning for next year poses several questions now. How to prepare, how to interpret, how to react! The implementation of the Tax Cuts and Jobs Act brings with it many changes.
