7 Steps to Minimize Your Corporate Income Taxes - Palma Financial

As a business owner, minimizing your taxes to maximize your profits is important. Here are seven common mistakes to avoid in reducing your corporate income taxes:

  1. Not keeping accurate records
  2. Not taking advantage of all available deductions and credits
  3. Not adjusting your withholding
  4. Not contributing to a tax-advantaged retirement account
  5. Choosing the wrong business structure
  6. Not considering the tax implications of investments
  7. Ignoring changes in tax laws

Take control of your taxes and maximize profits by following these seven steps. Be sure to book your appointment with us to get started today!