Why December Is the Most Important Month for Business Tax Planning

Many business owners think tax planning happens in April. The truth?
By April, the year is over and your options are limited.

December is when strategic tax planning can save you thousands. Here's why:

1. You Can Still Influence Your Tax Bill

You can still:

• Buy equipment

• Adjust payroll

• Contribute to retirement plans

• Prepay expenses

• Evaluate your entity structure

Once January hits, many of these opportunities disappear.

2. You Can Avoid IRS Surprises

Estimating your tax liability in December helps you avoid penalties and provides peace of mind.

3. You Can Prepare Your Business for Growth

December planning gives you clarity heading into the new year.

Our firm works closely with small businesses in Woodland Hills and the San Fernando Valley to create smart tax strategies every December.

Book your year-end tax planning session today — while there’s still time to make a difference.