Helping A Local Dentist at Year End!

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Helping A Local Dentist at Year End!

On December 20th Griggs CPA met with a local dentist and reviewed his preliminary tax data. We determined that he was right on the line between being able to take advantage of theĀ $2,000 education credits or losing them due to income limitations. By accelerating several year-end expenses we brought taxable income down and increased his refund by over $ 2,000.

By being available year round Griggs CPA is able to help determine the tax impact for our clients before decisions are made that could have been timed differently and tax payments minimized.