Why Tax Planning Should Be a Year-Round Activity

Most small business owners will want to avoid having to pay more in taxes than they need to. While this may seem to be common fiscal sense, some people do not take tax planning as seriously as they should and may be missing out on many opportunities. What are some factors to take into account as you plan for the new tax year ahead? Constant Attention Tax planning is not a one-time exercise, nor should you treat it as seasonal.