November is a great month to schedule a meeting with your tax advisor to insure that your assumptions about 2015 are proving accurate. If you need to make some adjustments, and move some money, you still have time. Then, project out to 2016 so that you know how to plan the year. I always talk about having a plan for your cash flow and this is a big part of that plan!
It is tough to take time away from running your business to figure out how to deal with taxes and make all of the decisions that go along with them. What is worse, is that for the last several years, lawmakers have allowed significant tax rules to expire at the end of a year, then reinstate them in December of the following year, making them retroactive for the entire previous year, but then expiring them in a few more days. As a small business person, do you count on those tax laws being extended again this year?
The bottom line is that you must have a tax professional on your team. You need someone who will keep you informed of tax law changes and who will proactively help you plan for this year, next year, and beyond.
Taxes are typically your largest expense. Stay prepared and utilize the expertise of an accountant who knows and understand business, real-estate, and the best ways to legally minimize your tax burden.