We’re launching our new video series today called the ABC’s of Effective Tax Planning for Small Business Owners. Today’s topic – Accuracy. Business owners who don’t have accurate numbers for their business cannot make good tax planning decisions that will help them save on their taxes. One thing we’ve noticed is business owners waiting until December to find out where their numbers are and what tax planning moves they need to make. Wouldn’t it be great to know year-round?
Having your business grow is amazing and tricky at the same time. Nothing eats cash faster than growth. Growth should be factored into your tax plan so you can invest back into your business. Each tax plan should be individualized for each situation, not many business owners truly understand this and end up paying extra in taxes that could have been invested back into the growth of their business. If you don’t know your numbers, you don’t know your business.
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Peter Holtz is a Certified Public Accountant with over 40 years of experience, and the active CEO of Peter Holtz CPA, a full-service accounting firm servicing large to small organizations. With a focus on Profits First Consulting, the team is focused on delivering detailed insights that help organizational leaders make the best decisions possible by having access to their real-time numbers on the fly. After surveying the landscape, Peter Holtz has created his signature S.N.A.P. system that helps Entrepreneurs, Business Owners, Executives, and Leaders to maximize their efforts through a detailed custom made solution that relieves the burden of late-night tasking and an avalanche of administrative work. Set up a Free Initial Consultation Today!
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