There are a variety of #taxreduction strategies for a #smallbusiness. The bulk of these reduction opportunities includes the acknowledgment of expenses in the current time period, as opposed to delaying them. By doing so, some area of the #taxable income recognized by a business is deferred to your later period of time, combined with the associated income #taxliability. These expense acceleration tactics are mentioned below. Set up a Higher Capitalization Limit! Set up a very