Experts believe that Business Development is under the total control of an Accountant

May 30, 2011 - PRLog -- If an experienced accountant is in the driving seat of your business, then you need not worry about your business because it will be on the racing track. Furthermore, the accountant will be monitoring the performance of the business regularly to ensure that it is not diverting or slowing down in its performance track. An expert accountant will save your time and money by solving all the tax issues in time and by avoiding penalties that is charged legally due to delayed tax payments.

Topping out at 35 percent, America’s official corporate income tax rate trails that of only Japan, at 39.5 percent, which has said it plans to lower its rate. It is nearly triple Ireland’s and 10 percentage points higher than in Denmark, Austria or China. United States business has high tax rates but pays less by taking advantage of myriad breaks and loopholes that other countries generally do not offer, United States corporations pay only slightly more on average than their counterparts in other industrial countries.

A Government Accountability Office study released in 2008 found that 55 percent of United States companies paid no federal income taxes during at least one year in a seven-year period it studied. Recently, The Times of India reported that, “President Barack Obama is setting a goal of lowering the US deficit by $4 trillion over the next 12 years as he wades into the politically volatile debate over the nation's crushing debt”.

Most of the businessmen are unaware of the tax issues, but when the tax problems start to explode they start to realize its impact and are unable to tackle the problems. This is mainly due to several complicated legal rules. So, a wise decision would be to hire an expert tax accountant  for the business. Small business face many problems related to tax issues during their beginning. Therefore, it is very important to carry a certified public accountant (CPA) to tackle all the problems and to avoid penalties.

Sagacity Tax and Accounting provides several services such as tax compliance, tax planning and advising, entity structuring, taxing authority’s assistance and bookkeeping. Mr. Lamey has been practicing in the tax and accounting fields ever since graduating from the University of San Diego in May 2000. He is licensed in the State of Minnesota to practice as a CPA and has reciprocal status in Wisconsin.

Regain the lost performance of your business by getting advice and assistance from an expert accountant.

About Sagacity Tax and Accounting:

Sagacity Tax and Accounting provides Certified public accountant to solve all your problems related to tax. Accounting your business through expert accountants will help you to monitor the performance of your business.

For more details, log on to: http://WWW.SAGACITYCPA.COM

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Sagacity Tax and Accounting provides Certified public accountant to solve all your problems related to tax. Accounting your business through expert accountants will help you to monitor the performance of your business.
For more details, log on to: http://WWW.SAGACITYCPA.COM