Five Important Tax Tips to Get Ready for 2012

  • By

    Ericka Chickowski

Incorporate on January 1

Incorporate on January 1

Anytime's a good time to limit liability through incorporation, but the experts recommend the start of the year as a particularly beneficial time to pull the trigger.
As we all finish out the year, now's about the time that the 'woulda, shoulda, coulda' mantra starts up from many business owners and executives who might regret some of their tax planning lapses over 2011. But the flip side of the coin is that 2012 brings new opportunities to streamline and even get ready to minimize liability during the upcoming tax season. The small business law experts at Rocket Lawyer offer up five tips to help small IT solution providers and SMBs in general effectively prepare for the tax man.
This article was originally published on 2011-12-29