- June 7, 2023
2023 Tax Changes - Don’t Get Caught!
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As a business owner, keeping up with tax changes can be overwhelming, but it’s crucial to stay informed to avoid unnecessary penalties. With the new year approaching, it’s important to know what you can expect in terms of tax changes that might affect your business.
Let’s discuss the upcoming 2023 tax changes that every business owner needs to know about and how you can prepare for them.
Changes to Corporate Tax Rates
Increase in Social Security Wage Cap
Changes to Depreciation Rules
Changes to Foreign Income Tax
Changes to Tax Forms
These are just a few of the tax changes that business owners can expect to see in 2023. It’s essential to stay informed and take the necessary steps to prepare for any changes that will affect your business.
By doing so, you can ensure that you’re not caught off guard and are doing everything possible to optimize your business’s tax position.
Ready for the new changes this tax year?
Want expert advice to cut the confusion and help your business add more zeros to the end of your bottom line?
Then schedule your one-on-one call today with Orange Crush Business Consulting!
We’re the experts in helping businesses create a business plan that gets amazing results!