Summit Point Blog
Selling a Business? Tax Planning Should Start Before the Sale
Selling a business may represent the culmination of decades of your work. It can also be one of the largest financial and tax events a business owner will ever experience. Still, tax planning before selling a business is often an afterthought. Many business owners treat tax planning as something to
When Should You Talk to Your CPA Before Making a Major Financial Decision?
The Best Time to Talk to Your CPA Is Before You Act When to talk to your CPA? You may think about contacting your CPA when it’s time to file your taxes, respond to a tax notice, or get help with an accounting question. However, one of the best times
Tax Preparation vs. Tax Planning: What’s the Difference?
Tax preparation and tax planning are both important parts of managing your finances, but they serve different purposes. Tax preparation focuses on what has already happened, while tax planning helps you prepare for what comes next. Understanding the difference between tax preparation and tax planning helps you make informed financial