Hello everyone my name is Karla Dennis with Cohesive Tax talking with you today about your tax plan for the year 2013. I use this blog to keep homeowners up to date and informed on important information regarding personal and small business tax solutions. Given our ever changing tax laws at the federal and state level it is important to know how you can benefit from current and future laws.
Since the year is already half over I wanted to talk in my blog today about whether or not you have a tax strategy in place yet and what to do if you do not. At the end of the day your goal should be to lower your tax bill as much in possible. This means putting a plan in place to make the most money via taxes breaks following these three steps. First off you should review your prior tax strategies and what has and has not worked in the past. Things in your personal life certainly change year in and year out and this can certainly effect your taxes. Second, look at how the first part of this year has been different than last year. May be a large purchase took place or profit from a past investment was realized in this calendar year. You will also want to assess what your overall revenue and expenses have been thus far. The final step is looking at options for your tax strategy future and what that will mean for this current year. It is always important to be looking ahead with your taxes in order to know that you are making the most of your current situation. At Cohesive Tax we are happy to sit down and work with you on any ideas or recommendations for your on going tax strategy needs.
Having a proper tax strategy in place, while also reviewing it frequently, is a great way to keep that tax bill as low as possible. Thank you for your time today and I look forward to helping you in the future with all of your tax needs.
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