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!