Dirty Little Secret – Your Corporate Tax Return

Before signing your corporate tax return, did you and your CPA review it? 

A short telephone conversation would be ideal to be sure you understand how your profits (or losses), your wages, and any distributions will be reported on your personal return.  I always recommend that my clients take time to hold their CPA’s accountable and ask questions to get clarity on their business financials.  Are you going to be surprised in April if you have a big tax payment to make on the 15th?

 

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How do you know you have a cash flow problem?

Do you have financial concern over making payroll, managing debt, making purchase decisions, or collecting on outstanding accounts?

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