Well the year end is getting closer and it is a good time to sit down in your warm office and get the bookkeeping up to date. By doing it now, you have the benefit of knowing precisely where your business is at financially. Because it is not December 31st yet, you have the option of purchasing that asset you have been thinking about. Therefore reducing your taxable income if you would like. It has been a very busy year for most people and a fairly profitable year for most of you because of your hard work. If you have made a lot more profit and are concerned about tax, we can discuss the benefits of updating some of your equipment. Getting your books up to date now is always easier while things are still fresh in your mind.
Being proactive is always better than being reactive.