A tax bill should never come as a surprise to any businessperson. They are as sure to arise as the sun. In addition, the government wants its fair share and they have the power and authority to take it from you. Being in debt to the government, however, is a painful and expensive way to pay your taxes.
A more prudent approach calls for careful tax preparation and planning so that you and your company pay the least amount taxes as legally possible. There are dozens of tax savings strategies that an accounting firm can develop to help you avoid overstating your tax liability, keeping you up-to-date on your payments and maximizing your after-tax income.