10 End of Year Tax Tips to Help Your Small Business

[@alonzolopez6264]

Your are the Best. Missed you and your WISDOM AND PATIENCE AND KINDNESS

[@ClaraCFO]

Thank you Alonzo!

[@joelnelson1682]

Welcome Back! Love the video edit upgrades!

[@ClaraCFO]

Thanks Joel! My editor really nailed it!

[@aryanasmith4426]

Excellent videos! Thank you very much for your hard work.

[@ClaraCFO]

Happy to help, thank you for watching!

[@KK-pm7ud]

Welcome back. You look great.

[@ClaraCFO]

Thank you so much 😀

[@samshutt4359]

Thanks for sharing

[@ClaraCFO]

Thanks for watching!

[@jdanois2655]

Hello, Excellent tips to think about at year-end. What do you think about becoming an S-corp and contributing to a SEP plan?

[@ClaraCFO]

Becoming an s-corp is definitely not a great idea as a year end tax planning strategy for a number of reasons. But it could be a good thing to talk to you CPA about for the next year. Any pre-tax retirement contribution could be a good idea if you have the excess cash! But just be confident about your cash flow and make sure you understand the deadlines.

[@architecturedrywallpaintan5809]

Did a job in December the owner paid me on the 3rd of January with a check he wrote in December and also send me a 10-99 for last year including the check he paid in January in it .did he make a mistake in his 10-99?

[@amandita108]

Great content, thanks!

[@ClaraCFO]

Thanks for watching! 🙌

[@alonzolopez6264]

Your Hair Looms So Pretty

[@ClaraCFO]

Haha thank you!

[@jaymeez]

Paying 40% in taxes and saying it’s a good thing is horrible! If it can be reduced strategically then it should be done!

[@AlexDonnett]

THE DROUGHT IS OVER

[@ClaraCFO]

I'M BAAAAACCCKKKKK!

[@nasreenmalikmalik7091]

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