Pro-active means to prepare in advance for a known event. It also means to develop a course of action to achieve the most favorable outcome.
Most taxpayers depend on “information” they glean to run their business, manage their investments, increase sales and reduce expenses with the goal of making and increasing profits.
At the year end, you take your tax “information” to your tax professional, and they will prepare your tax return based upon that data. They will place the numbers in the correct spot on your tax forms and let you know the results. At tax time, your planning options are very limited.
By taking a “pro-active” approach to your taxes instead of “reactive” will have far better results.
William H. Rehnquist, Chief Justice of the United States Supreme court once said that “the law also recognizes that a taxpayer may structure a transaction in a manner that minimizes the tax consequences.”
For many entrepreneurs who start their own business, it often becomes clear that managing their company’s finances and taxes can be a full-time endeavor in and of itself—not to mention keeping up with the impact that...read more
With extensive experience providing full-service tax and accounting to the agriculture and farming industry, we are intimately familiar with cash flow management, depreciation and tax benefits for farmers, and the USDA farm program and...read more
Our firm is committed to helping you achieve financial success within your medical practice. Our skilled professionals have years of experience in providing tax, accounting and payroll services to healthcare practitioners. Our trained staff understands...read more
Having a remote workforce can be challenging, especially if you are trying to build a positive, collaborative work environment. So, how do you create a sense of comradery when you have staff in remote locations? These tips can help:
RLJ Financial Services, Inc. is excited to announce the recent launch of our firm’s new website. We’ve been working very hard to enhance our website and give our firm a fresh look. We’ve also continued to research and identify the latest and greatest technologies to improve the services we provide and ensure we continue to meet your needs.
Take a moment to look...