When it Comes To Taxes,
What You Don’t Know Can Hurt You
Without an understanding of the cash requirements of a growing business, leaders can often mistake profit for cash available to spend. This can leave the business without the necessary capital to invest in things like inventory, R&D, or other growth driving initiatives in future months, limiting their ability to drive new revenue.
Make Every Dollar Work For You
When your taxes are well managed throughout the year,
Tax Services leaders can:
Have a competitive advantage
Outplay the competition by having a lower effective tax rate and therefore more gas in the tank.
Maximize cash flow
By understanding the amount of cash that must be paid to the government and when, you can minimize the amount due throughout the year.
Minimize Tax Exposure
Ensure your organization takes advantage of all available industry-specific credits.
Have a plan for your cash that maximizes growth
Income tax is typically the largest expense a profitable company has. Understanding this requirement and planning for it, allows business owners to plan accordingly and utilize remaining cash to drive growth.
Avoid The Common Tax Shelter Pitfalls
Unfortunately, sales pitches can be misleading. More often than not, tax shelters cost businesses far more than they stand to gain from them. We work to help our clients steer clear from any scheme, saving them valuable time, money, and sparing them the inevitable emotional rollercoaster that comes with being audited for such transactions.
You deserve more than just BASIC accounting.
Your company must have a foundation of accurate numbers and straightforward advice in order to grow successfully. Get that foundation with help from Weber Christensen + Heinrichs. You can view all our accounting services here.