Final Weeks for Year-End Tax Prep
We are almost halfway through December and time is running out to do a final review before year-end.
Doing a review before year-end will help estimate your 2020 tax burden and highlight any areas where strategies can be implemented to reduce that burden. It will also assist in your tax planning for 2021.
For instance, if it is determined that you should make an S Corp election, this needs to be done by early March 2021.
Handle It has a team of tax specialists that are eager to assist you in this area if you would like a review or a second opinion on what you are currently doing.
Starting your tax preparations now, can alleviate stress come 2021. Give us a call at 833-202-7676 or send us an email at email@example.com.