It’s never too early to start this year’s tax planning. Entrepreneurs should begin planning to take advantage of tax-saving opportunities and get ready for reporting changes in 2023. With next year’s filing deadline nearly a year away, taxpayers still have time to identify possible tax benefits, take action to qualify for them and claim them when they file in 2024. They also have time to plan for reporting changes and even claim overlooked tax benefits from the recent past.
Tax Planning May Include Employee Retention Credits (ERC) and Energy Cost Savings
Taxpayers should review the provisions […]