Monday, November 18, 2013

3 Business Tax Moves to Make Now

"Some big-dollar tax deductions that affect businesses are set to expire in 2013, so now’s the time to make sure your company considers taking advantage of them for the current tax year. Doing so may allow you to buy more equipment, send less to the IRS, or both.

Senior Consultant Peter Brown of Sageworks, a financial information company, talks with accountants daily and said quite a few of these professionals are working on year-end planning right now, setting up client meetings and making calls. “Many accountants are trying to contact their clients and engage with them to help them identify and maximize deductions in order to save some money on their taxes,” Brown said. “They’re also encouraging clients to work with them now so they won’t have to file as many extensions.”"

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3 Business Tax Moves to Make Now:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

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