Year-round tax guidance for Atlanta businesses
Proactive Tax Planning for Small Businesses in Atlanta
Small business tax planning works best when it happens all year, and we help Atlanta business owners plan ahead.
What is year-round tax planning?
Ongoing planning helps small businesses and their owners evaluate tax decisions as circumstances change, rather than waiting until year-end. By reviewing income, expenses and upcoming decisions throughout the year, you can act with a clearer understanding of the potential tax impact.
What does a tax planning engagement include?
- Review of prior tax filings and current-year projections
- A written plan outlining recommended steps and key dates
- Check-ins to revisit the plan as your business changes
- Guidance on estimated tax payments and timing
- Preparation of tax filings based on the agreed plan
- Coordination of business and owner tax considerations
- Analysis of past filings alongside this year’s outlook
- Documented recommendations with a practical timeline
- Scheduled conversations to adjust for new developments
- Support in calculating and scheduling estimated payments
- Tax filing preparation aligned with planning decisions
- Attention to how business choices affect owner taxes
- Assessment of previous filings and projected annual results
- A clear action plan with suggested moves and deadlines
- Periodic reviews as income and priorities evolve
- Estimated payment guidance based on updated projections
- Preparation of filings that reflects the planning work
- Discussion of upcoming business and personal tax decisions
When should a small business start tax planning?
Start early in the tax year, ideally before major decisions about hiring, equipment purchases or owner compensation. Johnson Financial Services PC revisits projections as your business changes, giving you time to adjust estimated payments and evaluate tax-saving opportunities throughout the year.
Is my tax return included?
Confirm the scope
Return preparation can be included in a tax planning engagement. We will clarify which business and individual returns are covered before work begins.
Coordinate filing
When included, preparation follows the plan developed during the year, so filing reflects the decisions and records reviewed together.
How should business owners plan their personal taxes?
Business owners should review personal taxes alongside business income throughout the year. Changes in profit, owner pay, retirement contributions and household income can affect estimated payments and the timing of financial decisions. Johnson Financial Services PC helps owners connect those moving pieces, revisit projections when circumstances change and make informed choices before year-end.
Our Services
Explore CPA-led support that keeps your accounting current and your tax decisions informed throughout the year.
Outsourced Accounting: CPA-led bookkeeping, payroll, and QuickBooks support keep the books behind your tax plan current.
S Corp & Entity Selection: Choose and set up a business structure that fits your tax plan, including S corp elections.
Law Firm Accounting: Get trust account reconciliation, bookkeeping, and tax planning tailored to law firms and their partners.
IRS Representation CPA help responding to IRS notices, audits and proposed changes to you
Payroll Services Payroll processing, withholding and payroll tax filings handled on your schedule, so your team is paid on time and your filings stay current.
QuickBooks Consulting QuickBooks setup, cleanup and training from our QuickBooks Certified ProAdvisors, so your books stay accurate and ready for planning.
Nonprofit Accounting Annual IRS filings, bookkeeping and board-ready financial reports that help Atlanta nonprofits protect their tax-exempt status.
Tax Planning Specialties
Multi-State Tax Planning: Address filing obligations and tax considerations when your business operates across state lines.
Business Succession Planning: Prepare for ownership changes with a tax strategy that supports a smooth transition.
Trust and Estate Tax Planning: Coordinate tax decisions involving trusts, estates, and the people they benefit.
Alternative Minimum Tax Planning: Assess potential AMT exposure and consider its impact on decisions throughout the year.
Tax and Accounting for Atlanta Nonprofits
Find practical CPA guidance for nonprofit tax obligations and day-to-day financial records.
Can a CPA help our nonprofit protect its tax-exempt status?
A CPA can help you monitor filing requirements, review activities for tax implications, and maintain records that support your exempt purpose.
What accounting does a small nonprofit need?
A small nonprofit needs consistent bookkeeping, clear tracking of restricted funds, reconciled accounts, and financial reports its leadership can use.
Where can churches, ministries, and faith-based schools find accounting guidance?
Visit https://www.faithaccountingfirm.com/ for accounting guidance focused on churches, ministries, and faith-based schools.
How should a nonprofit track restricted donations?
Record donor restrictions when gifts are received and track how funds are spent so reports distinguish restricted resources from general operating funds.
What records should our nonprofit keep for tax filings?
Keep organized records of contributions, expenses, payroll, grants, and board-approved activities to support accurate filings and financial oversight.
How often should nonprofit accounts be reconciled?
Reconcile bank and credit card accounts each month to catch discrepancies promptly and give your board more reliable financial information.
Curtis J. Johnson, CPA
Practicing since 1997, Curtis J. Johnson, CPA, helps business owners plan ahead with informed tax guidance. Meet by appointment at the Atlanta office on Northside Parkway in Buckhead or visit the Loganville office.
Start Planning Your Year
Let’s discuss a proactive tax plan for your business and the year ahead.