How often should I be thinking about tax planning?
Tax planning isn't a once-a-year thing. It should be an ongoing process. We recommend quarterly check-ins at minimum, but for many businesses, monthly reviews can be beneficial.
I'm just starting out. Do I really need professional tax planning?
Absolutely! In fact, the earlier you start with professional planning, the better positioned you'll be for growth. We can help you set up the right structure from the get-go, potentially saving you headaches (and money) down the road.
How is business tax planning different from individual tax planning?
While there's some overlap, business tax planning often involves more complex strategies. It can include things like choosing the right business structure, managing payroll taxes, and taking advantage of business-specific deductions and credits.
Can you help with state-specific tax issues in Delaware?
You bet! We're well-versed in Delaware's tax laws and can help you navigate everything from the state's corporate income tax to various local taxes and incentives.
How do you stay up-to-date with changing tax laws?
We're committed to ongoing education. Our team regularly attends workshops, seminars, and courses to stay ahead of the curve. Plus, we're members of professional organizations that keep us in the loop on the latest changes.
What if I get audited?
Don't panic! If you're a client of ours, we've got your back. We'll be right there with you, helping you navigate the process and represent your interests.