Eric and Melissa talk about what it means to have a great accountant? Well, they shouldn’t be just a numbers or money person and they should meet with you more than once a year. A great accountant works with you year-round to figure out how to reduce your tax liability.
One simple way to boost employee morale and reduce your tax liability is by reimbursing employees for work related costs that they would incur anyway. Think cell phone bills and home office expenses.
They break down some simple and smart ways to reduce your tax burden by using strategies all year long rather than just buying a bunch of equipment at the end of the year.
For more information and to find resources from the show, visit www.busybeeadvisors.com.