Something to Keep in Mind....Tax Tip of the Week | No. 170

Good Communication is Key to Lowering Your Taxes

After over 30 years in the tax business, we continue to find that solid accounting and good communication with your CPA is the key to lowering taxes.Solid bookkeeping for your business enables you to take the most deductions possible while minimizing taxes.Year-end tax planning also helps you know what to expect on April 15th, prevents unwanted surprises, and saves a lot of taxes for our clients each year through this valuable service we offer this time of year.  We frequently save our fees through solid recommendations.Business owners are always looking for ways to maximize your profits and minimize your expenses. Occasionally, you may be approached by folks other than us regarding estate or investment planning.A quick (even 15 minute or less) phone call with your trusted adviser CPA about topics such as these can help you be sure you have considered all the financial and tax impacts on you, your company and your family.When you are considering any significant financial decisions, we are available.Give us a call.  Sometimes it can mean saving thousands of dollars.Let us know if you would like to schedule a year-end planning meeting.

You can contact us in Dayton at 937-436-3133 and in Xenia at 937-372-3504.  Or visit our website.

Rick Prewitt - the guy behind TTW...until next week.