VOLUME 5 2022

For most of us, tax time is finally over for this year, but that doesn’t mean you can forget about your taxes and financials until 2023. This month, we’ve got some suggestions for what you can do during the year and discuss with your tax professional to help make next year’s tax filing a bit easier.

You’ll learn about the basics of some common business entity structures, the pros and cons of tax refunds, and a few tips for making tax planning easier. To help improve your financial literacy, we’ve also defined a few important terms. Lastly, you’ll hear from Padgett client Dr. Tina Lepage about how working with a professional helped her feel confident in her finances and made her business stronger.


Guide on choosing an entity structure

If you have a small business, one of the most important choices you'll make is the type of organization you select for your company.


Is a tax refund actually a good thing? The pros and cons.

It sounds like fun to get a few thousand dollars deposited into your account, but have you ever wondered if a tax refund is actually a good thing?


4 Tips to make next year's taxes easier

Putting off tax planning until year-end can make the process more stressful than it needs to be. Here are a few things you can start doing now to make next year easier.


15 Financial terms you need to know

Financial literacy is important for successful money management and the reduction of financial stress. Here are some financial terms you should know.


Dr. Tina Lepage finds confidence partnering with Padgett

For Dr. Lepage, partnering with professionals like Scott Scarano and the team of Padgett Raleigh-Durham has been key to her success.


About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.