Tax Planning: Things You Should Know Before This Tax Season

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By: Pamela Martinez, JBS Corp. 

Here, at JBS, we are big fans of the content being released over on NerdWallet. Which is why when we sat down to write about tax planning and noticed they already executed it perfectly, we decided to share with you one of their recently published articles: Tax Planning for Beginners: 6 Tax Strategy Concepts to Know

With the financial hardships experienced by many during this pandemic and tax season creeping around the corner, now more than ever, it’s paramount to begin planning for the 2020 tax season. Tax planning, as defined by NerdWallet, is “the analysis and arrangement of a person’s financial situation in order to maximize tax breaks and minimize tax liabilities in a legal and efficient manner.” Check out the article by NerdWallet to prepare yourself and your business for the 2020 tax season.