The end of 2013 is just around the corner and it’s tine to close out the fiscal year for most taxpayers.
It’s also time to decide whether to incur more expenses in December or to let them carry over until 2014.
By doing so it is possible to minimize your tax liability for the year in which you have the most income and the least amount of offsetting expense.
Your CPA can help choose the best strategy for you.
But the time to get good advice is NOW!
Good morning Richard,
Sage advice..you have a whole month to incur some more expenses if you need them...don't wait until the last horn blows on New Years Eve!
I started last month getting ready.
My CPA is involved all year with my tax situation.
Author Bio: Richard Weisser is a Georgia real estate broker, licensed auctioneer, and has been writing about Georgia Real Estate since 1999.
Coweta Fayette Real Estate offers opinions and helpful information to consumers and real estate professionals in the Coweta County Georgia area. Twitter cowetafayette
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