Randy J. Elder, CPA, P.C.

Make Sure Your 2014 Tax Strategy is Still on Target

Business Owner on Vacation

While this is the time of year for vacations, spending time with the family and just relaxing a bit, it is also a great time to check in with your 2014 tax plan to make sure it is still on target. If you’ve had any key activities or events during the first half of the year or plan to make some prior to year end, now is the time to review these events to understand their potential tax implications and make any mid-year adjustments. You still have time to affect your 2014 tax obligations if you act now.

Tax obligation overview

Take a quick review of the list below. If any of these events or activities applies to you, you’ll want to spend some time to update your tax plan in order to mitigate any negative impact to your tax obligation.

If you answered YES to any of the items on the list above, you may need to adjust your tax strategy for the second half of 2014. Please contact me if you have any questions or need assistance.