Most people don't realize that if you want to keep as much of your money as possible, you need to plan ahead. If the year is over, then it's already too late. Your Accountant or CPA Firm isn't just for preparing your return. Tax Planning is the number one thing you can do to save taxes and keep more of your money.
Your tax return is based on the prior years activities. For example - to offset your 2019 income by making investments or donating to charity etc, you would have needed to make those investments or donations before December 31, 2019. This is where tax planning comes in.
Tax Planning is also location specific. Rules and regulations vary by state, county, and sometimes city. If you are in the Fernandina Beach or Yulee area then Dorco Enterprises CPA Firm can help you plan your return and keep as much of your money in your pocket as possible.
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