Startup Newsletter March 2017

Enhancing Startup Cash Flow through Tax Credit Opportunities

Every year at this time, businesses big and small share one common thought: Is it really tax time again?  While some businesses like Partnerships and S-Corporations have already filed their tax returns because of their March 15 due date, there are still those that have time to file, including C-Corporations, Single Member LLCs, and Sole Proprietorships.

While filing the company tax returns is important, our goal in working with companies of all sizes, including startups, is to look past just filing the tax returns.  Our goal is to search for cash flow improvement opportunities.  In the tax world, cash flow improvement opportunities come by way of tax savings.

With that in mind, here are a few of the tax savings ideas for startups to think about.