If you’re like most business owners, you qualify for all sorts of valuable tax credits. Lately I have been speaking at several Salon Shows and I am amazed by the number of owners that are not aware of some of the new credits. If they are missing the credits they are overpaying their tax.
If your accountant isn’t looking out for you, you may be losing your share! Has your accountant talked to you about credits like these?
• New Hire Credit: If you hired new employees between February 4 and December 31 of 2010, you may qualify for a credit of up to $1,000 against your employer share of that employee’s payroll tax.
• Small Business Health Care Tax Credit: Do you pay at least half your employees’ health care premiums? If you have less than 25 fulltime equivalent employees and pay average wages under $50,000, you may qualify for credits up to 35% of your premium costs.
If you want to make the most of these tax credits and more, you can’t settle for an accountant who just records history. You need someone proactive to help you write it!
Email us if you would like more free information on these credits. Or better yet, sign up for a Second Opinion and we will find the mistakes and missed opportunities that may be costing you thousands today, and discover where you may be vulnerable to higher taxes tomorrow.
We guarantee you’ll leave with new information, or we’ll donate $50 to your favorite charity. So contact Amanda at ahaumont@kopsaotte.com now to schedule your Tax Analysis, and make sure you’re getting all the credits you deserve!