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We've never met a contractor who liked paying taxes, but there's a difference between tax avoidance and tax deferral. This week, let's talk about some strategies to legally defer your taxes without creating bigger problems down the road for your business.

 Topics we cover in this episode include:

• What tax deferral really means
• The four main tax methods and how tax deferral works with each
• Strategies that involve delayed billing or paying expenses at year-end
• Common pitfalls that contractors encounter when trying to avoid taxes

LINKS

Visit the episode page at https://CarpenterCPAs.com/defer for more details and a transcript of the show.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com