1310 Nowell Road
Raleigh, NC 27607
It’s no secret that tax time can be extremely stressful, especially for already-busy small business owners. It doesn’t have to be a struggle, though, as long as you’re well informed and prepared. Using some simple tax-planning and saving tips will take the stress out of tax time.
Don’t ignore filing deadlines! The longer you wait, the higher the penalties. It’s easiest to just do your return online – you can do it whenever it’s most convenient for you, so you’ll be saving yourself time and hassle.
If your expenses exceed your income, consider what would be the best time to use this loss. Non-capital losses can be used to offset other business income in any tax season – they can be carried back three years or carried forward for up to seven years. It might make more sense to carry the loss back up to three years to recover income tax that you already paid, or use it to offset future tax returns.
Looking for an easy way to boost your tax savings? Take advantage of all eligible tax credits – incorporate any expenses like coffee meetings, dinner expenses, and license and registration fees when you’re filing.
You can take advantage of the marginal tax rate disparities by using the income splitting tax strategy. The higher your income is, the higher your marginal tax rate will be. You can transfer a portion of that income to someone such a spouse or child that has a lower income.
Are you waiting until the last minute to gather all of your receipts? It’s not a good idea to scramble, because you might miss things or misplace important files. Make it a daily routine to account for everything you’ll need at tax time. Using a designated credit card for work makes it easy to separate and track expenses.
Always at your service to provide the highest level of quality support to our customers.
Anthony Firth Client Engineer
“I’m passionate about building and fostering relationships, and finding solutions for success.”
Michael Koenig Client Account Manager
“I help clients stabilize and grow their IT infrastructure so they can focus on growing their core business.”
Josh Wilshire Systems Engineer Team Lead
“I strive to provide the highest level of quality service to our customers.”
Tommy Williams Sr. Hardware Engineer
“I’m driven by the steadfast belief that technology must serve as a business enabler. This mantra has driven 21
Years of successful partnerships.”
Stephen Riddick VP Sales & Marketing
“CSP doesn’t succeed unless your company succeeds.”
Stephen Allen Inventory Manager
“Through my intuition and genuine concern to help others I have built long-lasting relationships with our customers, co-workers and business partners.”
Scott Forbes VP Support Services
“Every day, I work with clients to help plan the future of their businesses.”
Michael Bowman vCIO
“Your IT problems become our IT solutions.”
Mark McLemore Project Engineer
“Managing internal and external operations to ensure that CSP provides quality and reliable customer service .”
Margie Figueroa Business Manager
“Providing quality internal and externals financial support to our customers and accounting support to CSP.”
Katie Steiglitz Accounting Administrator
“Some call me the CEO. I call myself the Cheerleader for an awesome team!”
William B. Riddick Founder & CEO
“CSP is here to assist you with your IT needs.”
Beth Wylie Inside Sales Manager
On What Questions You Need To Ask Before Signing Any Agreement.
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Raleigh IT Support Company and IT Services Provider | CSP Inc.
1310 Nowell Rd,
Raleigh, NC 27607
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