2023 Year-End Tax Planning for Businesses

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With year-end approaching, it is time to start thinking about moves that may help lower your business’s taxes for this year and next. C corporations should take into account the 15% corporate minimum tax.

We have compiled a list of actions based on current tax rules that may help you save tax dollars if you act before year-end. Not all of them will apply to you or your business, but you may benefit from many of them. We can narrow down specific actions when we meet to tailor a particular plan for your business, In the meantime, please review the following list and contact us at your earliest convenience so that we can advise you on which tax-saving moves might be beneficial.

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