
Understanding Taxable Income: A Business Tax Planning Perspective
Key Takeaways: Taxable income is the portion of income that is subject to tax after deductions and exemptions. Smart tax planning can reduce your taxable

Key Takeaways: Taxable income is the portion of income that is subject to tax after deductions and exemptions. Smart tax planning can reduce your taxable

Key Takeaways: More than 60% of businesses face tax penalties each year. Tax professionals help navigate complex tax rules and avoid mistakes. Hiring an expert

Key Takeaways: Start early with tax planning to avoid mistakes and maximize savings. Keep accurate records for smooth filing and to reduce audit risks. Work

Key Takeaways: Maximize Deductions & Credits: Reduce taxable income with eligible expenses and tax credits. Utilize Section 179 Deduction: Deduct the full cost of qualifying
With 27 years of experience, Joel S. Smith, CPA helps business owners make sense of their finances and drive profitability. A UC Berkeley grad with a Master’s in Taxation, he’s a Certified Public Accountant (CPA) and Certified Management Accountant (CMA).
Joel has worked across industries like real estate, construction, and professional services. As a member of the CFO Project, he provides business owners with the clarity and strategy they need to grow.


