The tax season is almost upon us, and this time is always quite stressful for everyone. Daycare owners face several unique challenges that are unlike those most other small businesses face. However, there are ways to lower your tax burden, and a few simple tax strategies that will lower your tax liability.
In this podcast David Encarnacion from Daycare Accounting Pro shared information and tips on:
• Choosing the proper Business Entity type for your center.
• What is self-employment tax and how does it affect you?
• Solutions on avoiding self-employment tax.
• Specific tax strategies to lower your tax liability.
For more information, contact sales@icaresoftware.com or visit www.icaresoftware.com.