Ahhh…Another Tax Season is Behind Us!

Of course, many people only visit their accountant once a year.  Business owners, however, generally speak with their tax professional much more.  So how does an individual investor weave through the maze of deductions and create a tax plan?  It should start with having an open and comfortable relationship with your CPA.

Here are some things you can do in May and beyond –

1.  Talk to your accountant about your financial hopes and dreams.

2.  Ask them if you have taken all deductions into consideration.

3.  You should ask about retirement plans…especially if you are self-employed.

4.  Should you consider converting a traditional IRA to a Roth?

5.  What about giving gifts to family members?

It is just the beginning of the dialogue that you should be having with your CPA during the “off-season”.  In Las Vegas, many entrepreneurs count on the knowledge and expertise of CPA Michael Mathews who serves the Las Vegas area from his office located at 2620 Regatta Dr. Suite 102.  This is a great time of year to call him at (702) 240-5237.