Many business owners neglect tax planning, leading to avoidable high taxes. Instead of relying on reactive accountants, entrepreneurs should seek forward-thinking tax advisors who provide year-round strategic advice, keep current with tax laws, and understand their business goals. Regularly reviewing your business structure can also reveal tax-saving opportunities. Proactive tax planning transforms tax season into a chance to retain and reinvest more income. Start planning now to maximize next year’s financial outcomes.
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