Summer Tax Tips to Heat Up Your Tax Savings

The dog days of summer are in full swing and that typically means spending relaxing hours by the pool with friends and family, not thinking about the stresses of running your business. Before you know it though, those relaxing days by the pool will come to an end and it will be back to business. 

There are a number of ways you can turn some of that summertime fun into immediate tax savings for your business and family. Here are a few:

• Tax Credits for energy efficient appliances - Need a new A/C unit?
• Renting out your vacation home - Tax free rental
• Sending kids to Day Camps - Child and Dependent Care Credit
• Tax deductible memberships to venues - Summer outings tax free

These are just a few ways that you can turn your summertime activities into immediate tax savings. Have questions about how; feel free to contact us for time is running out.

Just like a sun tanner that stays out in the sun too long, you can get burned if you don't put a tax plan together soon.  

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