Small Business Tax Tip #10: Don't Expect More Tax Relief


Tax block letters on backgroundFacing a still-difficult economy and a flurry of tax changes, business owners must be especially alert to new tax pitfalls and opportunities. To help our small business readers, Business.com collected top tips from leading small business tax experts coast-to-coast. This is the last in our series.

Small Business Tax Tip #10: Don’t Expect More Tax Relief. “Read my lips,” says Chris Province, CPA and partner in the firm Armanino McKenna, in San Ramon, CA, “Don’t look for relief on taxes anytime soon from Washington, or state governments.”  Tax rates will be going up, according to Province, who recommends that  small business owners consider what they can do to minimize taxes now and in future years when tax rates go up.

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One Response to Small Business Tax Tip #10: Don't Expect More Tax Relief

  1. Eric says:

    Of course, if you’re counting on tax relief, your business might be facing bigger obstacles.