It’s not too late for 2021 Tax Planning, but don’t put it off any longer!

If you thought it was too late for 2021 tax planning, think again. It’s not, but you do need to get things in gear now. The tax professionals at PHB CPAs can advise you on various ways to reduce your tax bill for 2021. 

There’s Still Time for 2021 Tax Planning

PHB can help you with tax savings strategies that you still have time to make before the end of the tax year. You can trust us to decipher changing tax laws, language, and strategies. 

Don’t Stress Out over New Tax Laws

Because of COVID-19, the U.S. government has made numerous changes in the tax laws. As if the tax code wasn’t confusing enough already, now it’s even more so! Tax law changes related to COVID-19 can have very specific requirements or time constraints. These are all things that the tax experts at PHB know how to handle. 

By using a professional to prepare your taxes, you stand a much better chance of getting a tax return, if one is due, on time. If you have mistakes in your return, you could be tied up in red tape with the IRS for months on end. This is due to the fact that the IRS is understaffed and underfunded. Additionally, due to the pandemic in 2020, the IRS has a backlog of over 8 million paper business tax returns.

PHB – The Nashville CPA Firm for All Your Accounting Needs

Do you have questions about withholdings, deductions, capital gains, retirement, college, investments, donations, more? We have the answers! PHB is your best choice for business taxes and planning. Call us today and set up your tax planning session.