I have a question for Business Owners: Do you plan to stay in business?

If so, I’m sure you’ll agree that protecting your profit is a top priority. Federal Income Tax is one of the greatest threats to your profit margin.  This is one bill that should never be left until the last minute.

If you are on extension and you have not had your 2009 income tax return prepared, you are putting yourself and your business at risk.

Corporations that requested an extension of time to file their 2009  Federal Income Tax returns have until September 15^th 2010 to file.

However, if you are interested in protecting your profits, you will have your taxes prepared as soon as possible. Notice, I said prepared not filed.  Here’s why…you can 

have your taxes prepared and wait until a few days before the deadline to actually file them. In other words, your tax return will be ready to go but not gone yet.

Having your return prepared well before the deadline puts you in control and gives you the ability to make an informed decision about when to actually file the return.

You and your Tax Professional can use the extra time to review your bookkeeping and search for any additional deductions you might miss if you’re in a hurry.                     

Your hard earned money belongs to you. When it comes to taxes: Pay what is legally necessary and not a penny more.

Getting your taxes prepared early is a proven strategy to save you time and money