HOW TO READ THIS CONCEPT

An independent Eternity concept built from JTC’s public information. Annotations identify the photography, evidence and details that would need JTC’s input before publication.

TAX PLANNING FOR SMALL BUSINESSES

Tax planning that works all year, not just in April.

A tax return records what happened. Tax planning looks at what’s coming up—business income, major purchases, owner pay and the cash you’ll need for estimated payments. Reviewing those decisions during the year gives you more time to plan.

Or call (208) 947-2400

IMAGE DIRECTION

APPROVED JTC PHOTOGRAPH NEEDED

CPA and business owner reviewing figures together in an office.

QUICK ANSWER

What is tax planning?

Tax preparation reports the year that’s passed. Tax planning looks ahead at income, deductions, estimated payments and business decisions before deadlines limit your options.

industries served

13 CPAs

Listed on JTC’s team page.

7 offices

Boise, Arlington, Winter Park, Tucson, Surfside Beach, Kingsport and Fayetteville.

Free consultation

A first conversation about your business and tax questions.

Real estate

Healthcare

Technology

THE PROBLEM

Tax season shouldn’t be full of surprises.

Most owners don’t come to us asking for tax planning. They come with a worry like one of these.

A tax bill you didn’t expect

Compare estimated payments with current income and expenses. When business results change, revisit the estimate before the next deadline.

Is your business structure still right?

The right structure depends on ownership, profit, payroll and where the business is headed. Compare the tax implications before making a change.

Deductions and credits worth checking

Some deductions and credits apply only to certain businesses or activities. A review can identify which possibilities are relevant and what records they require.

How much should you set aside?

Set a reserve based on current results and upcoming payments. Update it when income or expenses shift.

Not sure where to start? Talk to a CPA →

OUR APPROACH

How we approach tax planning

We look at your current numbers and the decisions ahead, then revisit the plan when the business or tax rules change.

Review the numbers

Gather current financials, the prior-year return, business structure and any decisions already in motion. Together they show which questions need attention first.

Map out the options

Look at estimated payments, eligible deductions or credits, timing, owner compensation and longer-term plans. Compare the trade-offs before choosing a course.

Revisit when things change

If income, costs or business plans shift, the tax picture can shift with them. Review the updated numbers and decide what needs adjusting.

Near-term decisions

• Estimated payments
• Timing of eligible deductions and expenses
• Year-end decisions

Longer-term decisions

• Business structure and tax treatment
• Retirement contribution options
• Growth, ownership changes or an eventual exit

Related services

Current books make tax conversations more useful. Cash-flow forecasts help you plan for payments, and a change in business structure can affect how income is taxed.

Bookkeeping →

Forecasting and Budgeting →

Business Setup →

THE PROOF

What clients say about
working with JTC

Before you book a call, you probably want to know what
working with a CPA feels like. Clients tend to notice whether
anyone listened, whether the answers were straight and
whether they knew what came next.

PLACEHOLDER VIDEO

Approved client video goes here.

MADE-UP SAMPLE QUOTE

01 / 03

Our books were three months behind. Someone called me back that afternoon and told me where to start.

Invented sample client. Not a real JTC client or testimonial.

MADE-UP SAMPLE QUOTE

01 / 03

I never felt talked down to. Every question got a straight answer, even the ones I was embarrassed to ask.

Invented sample client. Not a real JTC client or testimonial.

PLACEHOLDER VIDEO

Approved client video goes here.

PLACEHOLDER VIDEO

Approved client video goes here.

MADE-UP SAMPLE QUOTE

01 / 03

Our books were three months behind. Someone called me back that afternoon and told me where to start.

Invented sample client. Not a real JTC client or testimonial.

PLACEHOLDER VIDEO

Approved client video goes here.

MADE-UP SAMPLE QUOTE

01 / 03

Our books were three months behind. Someone called me back that afternoon and told me where to start.

Invented sample client. Not a real JTC client or testimonial.

Talk to a CPA about your taxes →

CLIENT INPUT NEEDED

The quotes shown are made up for this concept. Real client quotes, attributions and media would be approved by JTC before publication.

A YEAR IN VIEW

A tax plan you can actually see.

Tax questions don’t all arrive at the same time. Here are some of the decisions a business might review during the year.

Get the year underway

•

Review last year’s results.

•

Update business and ownership information.

•

Estimate likely tax payments.

Check the numbers

•

Compare year-to-date results with expectations.

•

Review estimated payments.

•

Update cash-flow forecasts.

Revisit decisions

•

Update projections.

•

Review planned purchases or hiring decisions where tax treatment matters.

•

Check relevant deductions and credits.

Prepare for year-end

•

Review decisions that need to be made before year-end deadlines.

•

Discuss relevant retirement contributions and other tax considerations.

•

Prepare for the next tax year.

Read JTC’s tax-planning resources →

WHAT TO EXPECT

Thinking about tax
planning? Start with
a conversation.

Bring your questions and a little context about the business. The first conversation is a chance to explain what’s going on, discuss what needs attention and decide whether JTC is the right fit.

Tell us what’s happening.

Talk through the business, the questions on your mind and any decisions coming up.

Work out what needs attention.

Discuss the numbers or records that would help answer those questions.

Agree on the next step.

If the service is a fit, discuss the scope of the work and how to proceed.

FAQ

A few things you
may be
wondering.

Short answers to the questions
owners ask most. Your situation and
the current rules decide what comes
next.

Still unsure? Call (208) 947-2400

What tax credits might my business qualify for?

Eligibility depends on your activities, expenses, payroll, location and the rules in effect. A review of your records can help identify credits worth investigating and the documentation required to support a claim. Confirm eligibility with a CPA before relying on a credit.

What is the most tax-efficient structure for my business?

How can I make sure I don’t miss deductions?

How should I plan cash flow for tax payments?

How is tax planning different from tax preparation?

When should I start tax planning?

RESOURCES

Learn before you decide.

CHECKLIST

Q1 – Q4

Quarterly tax-planning checklist

A practical list of the figures and decisions to review during the year.

Read the checklist →

GUIDE

Jan – Dec

Year-round tax planning for small businesses

How income, estimated payments and business decisions fit into the wider tax picture.

Read the guide →

DECISION GUIDE

Questions to ask

Choosing a CPA for your business

Questions about relevant experience, communication, service fit and what happens after the first conversation.

Read the guide →

The Entrepreneur’s Guide: a free eBook for startup owners

Get the free guide

→

Find a JTC office.

Choose a location to find the local team and contact details.

Boise

→

Arlington

→

Winter Park

→

Tucson

→

Surfside Beach

→

Kingsport

→

Fayetteville

→

Let’s talk about your business.

Tell us a little about your business and what you’d like help with. That gives the first conversation somewhere useful to start.

(208) 947-2400

cpa@jtccpas.com

Step 1 of 4

What worries you most?

A tax bill you didn’t expect

Business structure

Deductions and credits

Cash to set aside

Something else

Prefer to talk? Call (208) 947-2400.

Step 1 of 4

What worries you most?

A tax bill you didn’t expect

Business structure

Deductions and credits

Cash to set aside

Something else

Prefer to talk? Call (208) 947-2400.

Step 1 of 4

What worries you most?

A tax bill you didn’t expect

Business structure

Deductions and credits

Cash to set aside

Something else

Prefer to talk? Call (208) 947-2400.

JTC CPAs

Accounting and advisory for small and mid-sized business owners.

SERVICES

Tax planning

Bookkeeping

Forecasting and budgeting

LOCATIONS

CONTACT

Tax planning that works all year, not just in April.

Tax planning that works all year, not just in April.

What is tax planning?

What is tax planning?

13 CPAs

13 CPAs

7 offices

7 offices

Free consultation

Free consultation

Real estate

Real estate

Healthcare

Healthcare

Technology

Technology

Tax season shouldn’t be full of surprises.

Tax season shouldn’t be full of surprises.

A tax bill you didn’t expect

A tax bill you didn’t expect

Is your business structure still right?

Is your business structure still right?

Deductions and credits worth checking

Deductions and credits worth checking

How much should you set aside?

How much should you set aside?

How we approach tax planning

How we approach tax planning

What clients say aboutworking with JTC

What clients say aboutworking with JTC

A tax plan you can actually see.

A tax plan you can actually see.

A few things youmay bewondering.

A few things youmay bewondering.

Learn before you decide.

Learn before you decide.

The Entrepreneur’s Guide: a free eBook for startup owners

The Entrepreneur’s Guide: a free eBook for startup owners

Let’s talk about your business.

Let’s talk about your business.

What clients say about
working with JTC

What clients say about
working with JTC

A few things you
may be
wondering.

A few things you
may be
wondering.