May’s year-end tax saving advice for small businesses and business owners

1. Organize the Chart of Accounts and eliminate inefficient expenses
2. Use accounting software automation tool to capture complete expenses
3. Outsource tasks to create efficiency
4. Establish an ideal retirement plan to maximize pre-tax savings
5. Deploy triple-tax-advantaged strategies like setting up an HSA account or paying your children
6. Delay or accelerate certain income or expense items
7. Don’t forget all the home office and car expense deductions: