Tax Planning Time
October is just about over and it is time to start thinking about your 2018 tax return filing. If you are a sole proprietor, single member LLC, partnership, S corporation, C corporation and or an employee of one of these entities, now is the time to have a meeting with your accountant, tax professional or trusted adviser to consider your tax obligation for 2018.
What have you done to to start the tax planning process?
* Have you reviewed year to date financials? * Projected year end net income? * Determined if you qualify for the new "QBI" deduction? * Taken the new "QBI" deduction into consideration? * Paid estimated taxes? * Adjusted your W-4 for employee federal tax withholding?
Just curious to know how the planning process is going.