Most business owners and high net worth individuals focus their attention on finding ways to increase revenue, streamline operations, enhance profits, and drive overall growth. When time is set aside to address tax optimization and planning, the focus is often on the needs and opportunities of the enterprise(s). While tax management is essential to the financial vitality of any business, attention must be directed toward individual taxes as well. Everyone involved in one or multiple LLCs, S-corporations, C-corporations, or partnerships, should be proactively managing their taxes to take advantage of opportunities throughout the year. Unfortunately, this all too often falls to the bottom of the list because owners often lack the time, expertise and/or resources to stay ahead of the curve.