Although the much-talked about economic recovery is still largely invisible to most small business owners, now is a good time to position yourself to take advantage of special tax benefits as activity starts to improve. “Although tax rates may trend upward in the next few years, most businesses can offset a big portion of those increases with proper planning now,” says Steve Henley, national tax practice leader at the accounting firm CBIZ MHM, LLC. Here are some things to do: Read the full entry
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