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: Smart tax planning can increase profit margins by up to 15%. Income deferral techniques lower current tax bills by deferring earnings to a
Key Takeaways: Tax planning is essential for businesses of all sizes to optimize finances and reduce tax liability. Home office deductions can save you money
Key Takeaways: Deductions VS. Credits: Tax deductions reduce taxable income, while tax credits directly lower your tax bill. Knowing the difference can significantly affect your
Key Takeaways Small business financial consulting from Clear Action Business Advisors provides personalized guidance to help small business owners enhance profitability and tackle financial challenges
Key Takeaways: Tax Mistakes Are Costly: 60% of small businesses make tax errors that hurt their finances, but they’re avoidable with the right planning. Common
Key Takeaways: Tax Savings = Business Growth: Tax planning helps reduce tax bills, allowing you to save money for business expansion, investment, and growth opportunities.
Key Takeaways: Maximize Deductions & Credits: Reduce taxable income with eligible expenses and tax credits. Utilize Section 179 Deduction: Deduct the full cost of qualifying
Key Takeaways: Strategic tax planning optimizes profits and ensures compliance. Minimizing tax liabilities enhances financial stability. Corporate tax rates impact investment decisions. Choosing the right
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.
