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Year End Tax Saving Tips

For small businesses that have been profitable this year (all of you, I hope!) it’s helpful to follow these tax saving tips by Dec 31st: Pay January bills early, if possible, so they can be used as 2011 expenses. Buy the office supplies and equipment that you need. Pay your 4th quarter Oregon estimated tax (due on Jan 15th, 2012). Consider an IRA/SEP retirement account if you haven’t yet, and make an appointment with your tax consultant. Follow this link for business reminders that are more fun.

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