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Click on any of the reports listed below to find practical, unbiased information to help you minimize your taxes.
Tax Planning For Small Business Owners Tax planning is a process of looking at various tax options in order to determine
when, whether and how to conduct business and personal transactions so that taxes are eliminated or considerably reduced.
This article explains 3 different tax planning strategies for small business owners.
7 Biggest Misconceptions Business Owners Have About Their Returns The cryptic and mystifying nature of the tax code generates a lot of folklore and
misinformation that also leads to costly mistakes. Learn the right answers to this list of common small business tax
misperceptions.
The Home Office Deduction This powerful article spells out the needed qualifications of a home office
according to the IRS' definition changed in the Taxpayer Relief Act of 1997. This can mean BIG savings for those who
qualify.
Retirement Plan Options For Small Businesses Employer-sponsored retirement plans have become a key component for retirement
savings along with attracting and retaining high-quality employees. Most employers aren't aware of the advantages (to
themselves and their business assets) of implementing a retirement plan. This article explains the four most common
types of plans with their advantages to different types of businesses.
Our Tax Planning Service Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
Calculate Your Marginal Tax Rate Knowing your income tax rate can help you calculate your tax liability for
unexpected income, retirement planning or investment income. This calculator helps you estimate your effective (or average) tax
rate, your current tax bracket, and your marginal tax rate.
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Parsons & Wright CPA's 1000 Brentwood Way Kingston, TN 37763 Phone: (865) 376-5865 Fax: (865) 376-5980 Email:
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