What Coeur d’Alene Business Owners Need to Know About Year-Round Tax Planning
Most business owners only think about taxes once a year—right around filing season. But by then, it’s too late to make any real impact.
That’s where year-round tax planning comes in. At Kane Tax & Accounting, we help service-based business owners in Coeur d’Alene, Post Falls, and the surrounding areas stay ahead of the IRS with proactive tax strategies tailored to their business.
Here’s what you need to know.
1. Tax Planning Isn’t the Same as Tax Prep
Tax preparation is compliance. It’s about filing the right forms with the right numbers.
Tax planning is strategy. It’s about making smart decisions before year-end that legally reduce what you owe.
Examples include:
Choosing the right business entity (LLC, S Corp, etc.)
Timing large purchases or retirement contributions
Leveraging deductions and credits based on your business type
2. You Could Be Leaving Thousands on the Table
We often meet new clients who’ve overpaid by $10,000+ per year simply because no one helped them plan ahead.
If you’re:
Paying yourself a high salary from your S Corp
Not deducting your home office or vehicle correctly
Missing out on Augusta Rule, HSA, or retirement deferral strategies
…then tax planning could easily pay for itself—and then some.
3. The Best Time to Start? Yesterday. The Second Best? Now.
The closer we get to December 31, the fewer tools we have. That’s why our Coeur d’Alene clients meet with us quarterly or monthly—not just in March and April.
We help you:
Estimate quarterly taxes so you don’t get hit with penalties
Spot trends in real time (like over- or underpaying yourself)
Plan big purchases around year-end tax strategy
Avoid surprises
4. We’re Not Just a CPA. We’re Your Tax Strategist.
Our monthly packages start at just $500/month, and include:
Tax planning
Business tax return
Support all year—not just during filing season
We also offer bookkeeping and payroll services so we can handle the full financial picture for your business.
5. We Specialize in Service-Based Businesses
From contractors and real estate investors to creative professionals and coaches, we know what deductions you qualify for—and which ones could trigger red flags.
We're proud to serve small business owners in Coeur d’Alene, Hayden, Post Falls, Rathdrum, and beyond.
Ready to Stop Overpaying the IRS?
Let’s build a tax strategy that works as hard as you do.