Switch to ADA Accessible Theme
Close Menu

Tag Archives: Defer income


Are you timing business income and expenses to your tax advantage?

By Legacy Protection, LLP |

Typically, it’s better to defer tax. One way is through controlling when your business recognizes income and incurs deductible expenses. Here are two timing strategies that can help businesses do this: Defer income to next year. If your business uses the cash method of accounting, you can defer billing for your products or services. Or,… Read More »

Facebook Twitter LinkedIn