Tax Savings Before Year End

According to the Colorado Times, there are some tax saving steps small business owners can take before the end of the year. 

If you own a successful small business or professional practice, it is not (yet) too late to make a last-minute move to save big on your 2020 tax bill . . . but time is running out.

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Small Business Owners Not Saving Enough for Retirement

A new survey by American Express shows that sixty percent of small business owners surveyed have not saved the money they need for retirement, reports the Washington Post. About seventy-three percent of those surveyed said they’re concerned about their ability to have the retirement lifestyle they would like.
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