If you’re inclined to let your accountant do all the worrying about your business and personal income taxes, you could be making a costly mistake. “Your accountant may be the tax expert,” says Tom Normoyle, CPA, Huntingdon Valley, PA, “but no one knows the fine details of your finances as well as you do. That’s why your accountant needs your help to hold your income taxes to a minimum.” You have until December 31 to reduce your tax bill. Here are eight steps you can take now to slash your ...
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