Tax Magic For Professionals And Small Business Owners. Image from Calculator and pen laying on a accounting balance sheet

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It’s fourth quarter, which means it’s time to be thinking about what next year’s tax bill might look like. With itemized deductions for state and local  taxes and mortgage interest deductions pared, professionals and small business owners may be wondering if there are other legit ways to reduce the pain.

Perhaps up to a an additional $250,000 pension deduction might help. Oh, by the way, that could put another $2,500,000 in your retirement.

But, there’s more! If you are eligible to take advantage of the “pass through” savings for small businesses and professionals that might get your income down far enough to qualify.

Interested? Read on.