A taxing time made easier for business owners
Written by Heather Halsey
With tax season in full swing it’s time to ensure you’re taking advantage of every deduction and credit available, which could help maximize your wealth by minimizing your liabilities.
There are several changes that could come into play before the April 15 deadline rolls around this year, in addition to many possible adjustments for 2010 taxes that will require you to take action now.
Even if you hire a tax preparer, knowing about changes to depreciable asset caps and Work Opportunity credits may help shape the decisions you make throughout the year.
When hiring someone to do your taxes, David Camenson, a Clovis-based attorney and adjunct professor at San Joaquin College of Law, first recommends hiring locally and checking references if your tax situation is complicated.