
{"id":12935,"date":"2024-05-28T01:06:57","date_gmt":"2024-05-28T08:06:57","guid":{"rendered":"https:\/\/edcollaborative.com\/?post_type=web-story&#038;p=12935"},"modified":"2024-05-28T01:07:02","modified_gmt":"2024-05-28T08:07:02","slug":"maximizing-your-tax-savings-as-a-small-business-owner","status":"publish","type":"web-story","link":"https:\/\/edcollaborative.com\/es\/web-stories\/maximizing-your-tax-savings-as-a-small-business-owner\/","title":{"rendered":"Maximizing Your Tax Savings as a Small Business Owner"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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calc(100vh - (2 * 74px));\n              }<\/p>\n<p>              .captions-area {\n                padding: 0 32px 0;\n              }<\/p>\n<p>              amp-story-captions {\n                margin-bottom: 16px;\n                text-align: center;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>Maximizing Your Tax Savings as a Small Business Owner<\/title><link rel=\"canonical\" href=\"https:\/\/edcollaborative.com\/?post_type=web-story&amp;p=12935\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"Economic Development Collaborative\" publisher-logo-src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/04\/cropped-Untitled-design-4-3.jpg\" title=\"Maximizing Your Tax Savings as a Small Business Owner\" poster-portrait-src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/cropped-tax-saving-tips-for-small-business-owners.jpg\"><amp-story-page id=\"05609922-6967-490c-ab39-c659e050f9ad\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#90ab9e\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ebfe8a9a-23ae-4c1e-be28-268b394ad906\">\n<div style=\"position:absolute;width:113%;height:113%;left:-4.64815%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/Taxsaving.jpeg\" alt=\"Taxsaving\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/Taxsaving.jpeg 576w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/Taxsaving-169x300.jpeg 169w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/Taxsaving-150x267.jpeg 150w\" sizes=\"(min-width: 1024px) 51vh, 113vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:5.09709%;top:64.72492%;width:90.7767%;height:34.95146%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d2aeadd5-58d6-4bb5-9f05-26438946199e\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:4.85437%;top:70.38835%;width:90.29126%;height:20.22654%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5376344086021506% 0.5376344086021506% 0.5376344086021506% 0.5376344086021506% \/ 1.6% 1.6% 1.6% 1.6%\" id=\"el-9dca0240-d5c9-49d3-88b8-06507cc86d3c\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.502688172043011% 0;font-family:&quot;IBM Plex Serif&quot;,serif;font-size:0.550162em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Maximizing Your Tax Savings as a Small Business Owner<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"64d5ef23-2ef8-4d2d-9057-291a21740d4a\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#a48e7c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-cee5ff77-180f-470b-89af-88c38dbcfe33\">\n<div style=\"position:absolute;width:135%;height:135%;left:0%;top:-30%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/smallbusinessownerorganizingreceiptsandusingaccountingsoftware.jpeg\" alt=\"smallbusinessownerorganizingreceiptsandusingaccountingsoftware\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/smallbusinessownerorganizingreceiptsandusingaccountingsoftware.jpeg 576w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/smallbusinessownerorganizingreceiptsandusingaccountingsoftware-169x300.jpeg 169w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/smallbusinessownerorganizingreceiptsandusingaccountingsoftware-150x267.jpeg 150w\" sizes=\"(min-width: 1024px) 61vh, 135vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-35.67961%;top:59.87055%;width:171.35922%;height:114.23948%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;clip-path:url(#el-727920cb-dd87-446d-9ee9-6f3dc55684df);-webkit-clip-path:url(#el-727920cb-dd87-446d-9ee9-6f3dc55684df)\" class=\"mask\"><svg width=\"0\" height=\"0\"><defs><clipPath id=\"el-727920cb-dd87-446d-9ee9-6f3dc55684df\" transform=\"scale(1 1)\" clipPathUnits=\"objectBoundingBox\"><path d=\"M 0,0.5 a 0.5,0.5 0 1,0 1,0 a 0.5,0.5 0 1,0 -1,0 Z\"><\/path><\/clipPath><\/defs><\/svg><\/p>\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.50485%;top:68.4466%;width:71.84466%;height:5.17799%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6756756756756757% 0.6756756756756757% 0.6756756756756757% 0.6756756756756757% \/ 6.25% 6.25% 6.25% 6.25%\" id=\"el-3ed7a11e-c1d8-440a-857e-db32f40715a9\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.1282728040540538% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.436893em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; text-decoration: underline; color: #fff\">Keep Accurate Records<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:80.09709%;width:80.09709%;height:17.31392%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6060606060606061% 0.6060606060606061% 0.6060606060606061% 0.6060606060606061% \/ 1.8691588785046727% 1.8691588785046727% 1.8691588785046727% 1.8691588785046727%\" id=\"el-4d94171a-61a7-4731-9f1f-a5596eef1667\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07670454545454514% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Keep detailed records of all business expenses and income using accounting software or a bookkeeper. This ensures you claim all eligible deductions and reduces your tax liability.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"509d7e7f-88d3-4e75-9959-91edefa5aef3\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e5bd62d0-5f58-4c62-afa2-93c81de11cea\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-dbb6bc21-2bd3-4a5b-83bf-6901283261f6\",\"keyframes\":{\"transform\":[\"translate3d(0px, 44.08247%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#b3a799\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-de3486b8-3206-4363-b91f-a6594741f848\">\n<div style=\"position:absolute;width:113%;height:113%;left:-6.5%;top:-6.5%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/homeofficesetup.jpeg\" alt=\"homeofficesetup\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/homeofficesetup.jpeg 576w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/homeofficesetup-169x300.jpeg 169w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/homeofficesetup-150x267.jpeg 150w\" sizes=\"(min-width: 1024px) 51vh, 113vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-35.67961%;top:58.89968%;width:171.35922%;height:114.23948%;opacity:1\">\n<div id=\"anim-e5bd62d0-5f58-4c62-afa2-93c81de11cea\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-dbb6bc21-2bd3-4a5b-83bf-6901283261f6\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 44.08247%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;clip-path:url(#el-cadd3b3a-7821-4bd2-acc5-1d51400635ed);-webkit-clip-path:url(#el-cadd3b3a-7821-4bd2-acc5-1d51400635ed)\" class=\"mask\"><svg width=\"0\" height=\"0\"><defs><clipPath id=\"el-cadd3b3a-7821-4bd2-acc5-1d51400635ed\" transform=\"scale(1 1)\" clipPathUnits=\"objectBoundingBox\"><path d=\"M 0,0.5 a 0.5,0.5 0 1,0 1,0 a 0.5,0.5 0 1,0 -1,0 Z\"><\/path><\/clipPath><\/defs><\/svg><\/p>\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.33981%;top:67.1521%;width:89.32039%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5434782608695652% 0.5434782608695652% 0.5434782608695652% 0.5434782608695652% \/ 3.125% 3.125% 3.125% 3.125%\" id=\"el-1a74245a-7a37-4ff6-bbb2-a5eb6ecef770\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10317595108695633% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.436893em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; text-decoration: underline; color: #fff\">Take Advantage of Tax Deductions<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:82.36246%;width:80.09709%;height:17.31392%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6060606060606061% 0.6060606060606061% 0.6060606060606061% 0.6060606060606061% \/ 1.8691588785046727% 1.8691588785046727% 1.8691588785046727% 1.8691588785046727%\" id=\"el-d50d9fc2-8cf2-425f-b6ff-0a3c89c5e08d\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07670454545454514% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Explore deductions like the home office, advertising, professional fees, and employee salaries. These can significantly lower your taxable income and save you money on taxes.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"723a1780-4bbe-48f2-9496-6023bb7b05a7\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e5b149f6-3e5e-4b07-8632-0eca7cf11aa3\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-d3d337db-f78f-4b7e-a973-8f9d95606ad7\",\"keyframes\":{\"transform\":[\"translate3d(0px, 44.08247%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#c9c7c8\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-555c7867-7c15-4fef-8455-6ca30bcf4013\">\n<div style=\"position:absolute;width:111%;height:111%;left:-3.18519%;top:-0.02813%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/meetingwithataxprofessionaldiscussingbusinessstructure.jpeg\" alt=\"meetingwithataxprofessionaldiscussingbusinessstructure\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/meetingwithataxprofessionaldiscussingbusinessstructure.jpeg 576w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/meetingwithataxprofessionaldiscussingbusinessstructure-169x300.jpeg 169w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/meetingwithataxprofessionaldiscussingbusinessstructure-150x267.jpeg 150w\" sizes=\"(min-width: 1024px) 50vh, 111vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-35.67961%;top:58.89968%;width:171.35922%;height:114.23948%;opacity:1\">\n<div id=\"anim-e5b149f6-3e5e-4b07-8632-0eca7cf11aa3\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-d3d337db-f78f-4b7e-a973-8f9d95606ad7\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 44.08247%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;clip-path:url(#el-7d272ed3-6149-4905-899b-281725af35cb);-webkit-clip-path:url(#el-7d272ed3-6149-4905-899b-281725af35cb)\" class=\"mask\"><svg width=\"0\" height=\"0\"><defs><clipPath id=\"el-7d272ed3-6149-4905-899b-281725af35cb\" transform=\"scale(1 1)\" clipPathUnits=\"objectBoundingBox\"><path d=\"M 0,0.5 a 0.5,0.5 0 1,0 1,0 a 0.5,0.5 0 1,0 -1,0 Z\"><\/path><\/clipPath><\/defs><\/svg><\/p>\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.33981%;top:67.1521%;width:89.32039%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5434782608695652% 0.5434782608695652% 0.5434782608695652% 0.5434782608695652% \/ 3.125% 3.125% 3.125% 3.125%\" id=\"el-fc4dbf8f-b60d-4510-ad40-a908db398921\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10317595108695633% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.436893em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; text-decoration: underline; color: #fff\">Correctly Classify Your Business<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.95146%;top:81.22977%;width:80.09709%;height:20.87379%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6060606060606061% 0.6060606060606061% 0.6060606060606061% 0.6060606060606061% \/ 1.550387596899225% 1.550387596899225% 1.550387596899225% 1.550387596899225%\" id=\"el-1907504a-6f1e-4ea6-9e86-494f580c8a0d\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07670454545454514% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Classify your business correctly (e.g., sole proprietorship, partnership, corporation) for tax purposes. Consult a tax professional to optimize classification, ensure compliance, and maximize deductions.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"6593bd03-4a69-4c75-ad3f-3a6e77ac9b80\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-d69c71cb-47af-43f0-af19-4e534aed4c3c\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a74c7e46-4aa1-4faf-97cc-27fa193d4028\",\"keyframes\":{\"transform\":[\"translate3d(0px, 44.08247%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#cbc7c4\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f90abe2f-9b04-4fea-a920-69eeebedc9fc\">\n<div style=\"position:absolute;width:113%;height:113%;left:-6.5%;top:-6.5%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/ProactiveTaxPlanning.jpeg\" alt=\"ProactiveTaxPlanning\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/ProactiveTaxPlanning.jpeg 576w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/ProactiveTaxPlanning-169x300.jpeg 169w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/ProactiveTaxPlanning-150x267.jpeg 150w\" sizes=\"(min-width: 1024px) 51vh, 113vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-35.67961%;top:58.89968%;width:171.35922%;height:114.23948%;opacity:1\">\n<div id=\"anim-d69c71cb-47af-43f0-af19-4e534aed4c3c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-a74c7e46-4aa1-4faf-97cc-27fa193d4028\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 44.08247%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;clip-path:url(#el-3dd61dd1-d018-4d55-ac05-1b1dc6c7bd35);-webkit-clip-path:url(#el-3dd61dd1-d018-4d55-ac05-1b1dc6c7bd35)\" class=\"mask\"><svg width=\"0\" height=\"0\"><defs><clipPath id=\"el-3dd61dd1-d018-4d55-ac05-1b1dc6c7bd35\" transform=\"scale(1 1)\" clipPathUnits=\"objectBoundingBox\"><path d=\"M 0,0.5 a 0.5,0.5 0 1,0 1,0 a 0.5,0.5 0 1,0 -1,0 Z\"><\/path><\/clipPath><\/defs><\/svg><\/p>\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.33981%;top:67.1521%;width:89.32039%;height:5.17799%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5434782608695652% 0.5434782608695652% 0.5434782608695652% 0.5434782608695652% \/ 6.25% 6.25% 6.25% 6.25%\" id=\"el-a89257bb-c45e-4c14-9d7a-01cfbe563ba1\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10317595108695633% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.436893em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; text-decoration: underline; color: #fff\">Plan for Next Year<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:10.19417%;top:77.99353%;width:74.51456%;height:20.87379%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6514657980456027% 0.6514657980456027% 0.6514657980456027% 0.6514657980456027% \/ 1.550387596899225% 1.550387596899225% 1.550387596899225% 1.550387596899225%\" id=\"el-52b5760f-f3f6-4950-9072-cb84d0f7c9b5\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08245114006514623% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Review your financial performance and plan for the next tax year. Consider tax law changes, business growth, investments, and retirement planning to position your business for success and maximize savings.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"28ba705d-5a5c-4126-b231-29cd78381d6f\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1cf0967b-0a7c-4f70-b601-96f26ac5806e\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2ad4fb54-5ea6-4727-a2da-26883d354f9b\",\"keyframes\":{\"transform\":[\"translate3d(0px, 44.08247%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#9c8d82\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-94a7016e-9472-4bc9-863b-53db0cf43079\">\n<div style=\"position:absolute;width:118.57778%;height:100%;left:-9.28889%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/11\/shutterstock_1972506401.jpg\" alt=\"Contact EDC\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/11\/shutterstock_1972506401.jpg 667w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/11\/shutterstock_1972506401-200x300.jpg 200w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/11\/shutterstock_1972506401-150x225.jpg 150w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/11\/shutterstock_1972506401-8x12.jpg 8w\" sizes=\"(min-width: 1024px) 53vh, 119vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-35.67961%;top:58.89968%;width:171.35922%;height:114.23948%;opacity:1\">\n<div id=\"anim-1cf0967b-0a7c-4f70-b601-96f26ac5806e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-2ad4fb54-5ea6-4727-a2da-26883d354f9b\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 44.08247%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;clip-path:url(#el-dceb74b7-c182-4627-85b7-778204a780a1);-webkit-clip-path:url(#el-dceb74b7-c182-4627-85b7-778204a780a1)\" class=\"mask\"><svg width=\"0\" height=\"0\"><defs><clipPath id=\"el-dceb74b7-c182-4627-85b7-778204a780a1\" transform=\"scale(1 1)\" clipPathUnits=\"objectBoundingBox\"><path d=\"M 0,0.5 a 0.5,0.5 0 1,0 1,0 a 0.5,0.5 0 1,0 -1,0 Z\"><\/path><\/clipPath><\/defs><\/svg><\/p>\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.31068%;top:72.00647%;width:89.32039%;height:5.17799%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5434782608695652% 0.5434782608695652% 0.5434782608695652% 0.5434782608695652% \/ 6.25% 6.25% 6.25% 6.25%\" id=\"el-7f2af0c5-338f-44d5-88ba-b5188f3e5f7c\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10317595108695633% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.436893em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; text-decoration: underline; color: #fff\">Tailored Accounting Solutions<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:13.83495%;top:83.49515%;width:74.51456%;height:13.75405%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6514657980456027% 0.6514657980456027% 0.6514657980456027% 0.6514657980456027% \/ 2.3529411764705883% 2.3529411764705883% 2.3529411764705883% 2.3529411764705883%\" id=\"el-b3b9b0b4-099a-46f1-95c3-d01f108e39a1\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08245114006514623% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Select the right accounting solution for your business needs to stay organized, track expenses, and prepare taxes efficiently.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9498e75b-bd9c-42cd-b26b-66ba5f8d569c\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#e9e2d6\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3bc9660d-7921-41f2-b343-f526b7497b59\">\n<div style=\"position:absolute;width:377.58113%;height:100%;left:-138.79056%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/tax-saving-tips-for-small-business-owners.jpg\" alt=\"tax saving tips for small business owners\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/tax-saving-tips-for-small-business-owners-1200x565.jpg 1200w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/tax-saving-tips-for-small-business-owners-1024x482.jpg 1024w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/tax-saving-tips-for-small-business-owners-768x362.jpg 768w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2024\/05\/tax-saving-tips-for-small-business-owners-300x141.jpg 300w\" sizes=\"(min-width: 1024px) 170vh, 378vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.8932%;top:-0.48544%;width:76.21359%;height:100%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ce0fa7e5-888c-4767-b87c-9e7e1e39f655\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:21.60194%;top:22.97735%;width:56.5534%;height:64.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8583690987124464% 0.8583690987124464% 0.8583690987124464% 0.8583690987124464% \/ 0.5012531328320802% 0.5012531328320802% 0.5012531328320802% 0.5012531328320802%\" id=\"el-4d70bdf2-8c64-4c91-b27d-e8eec69f002b\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.16295600858369066% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.436893em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">If you need assistance with preparing for a business loan, the Economic Development Collaborative (EDC) can help. EDC provides one-on-one consulting services to small businesses<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:25.48544%;top:2.91262%;width:48.78641%;height:11.97411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9686aa4e-14de-4587-b30c-3472e26c44ca\">\n<div style=\"position:absolute;width:117.81094%;height:100%;left:-8.90547%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White.png\" alt=\"\" srcSet=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White.png 1600w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White-1536x480.png 1536w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White-1024x320.png 1024w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White-768x240.png 768w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White-300x94.png 300w,https:\/\/edcollaborative.com\/wp-content\/uploads\/2023\/06\/EDC-Logo-White-150x47.png 150w\" sizes=\"(min-width: 1024px) 22vh, 49vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/edcollaborative.com\/wp-content\/uploads\/2022\/06\/edc-newsletter.jpg\"><a href=\"https:\/\/edcollaborative.com\/about-us\/contact\/?utm_source=Google&amp;utm_medium=Organic&amp;utm_campaign=maximizing+your+tax+savings+as+a+small+business+owner&amp;utm_id=web+story\" rel=\"\">Contact us<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn five essential tax-saving tips for small businesses! 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