American Tax and Business Planning

View Original

How to Give Yourself a Tax Cut

American Tax & Business Planning founder; Bruce Willey’s article in Entrepreneur

——

Don't wait for politicians to give you a tax break. Here are some ways to give yourself one.

It’s been one of the most tumultuous, uncertain years in modern history, and yet – at least in my line of work – we now have some form of certainty just in time for tax season.

With Democrats owning a voting majority in Congress for the next two years at a minimum, small- and medium-sized business owners can look to Joe Biden’s proposed tax plans from the campaign trail for what to expect.

I, as well as many others, anticipate higher taxes.