A certified public accountant with a longstanding financial career that has spanned more than two decades, Scott Herckis has served as the CEO of SJH Financial, LLC, since 2009. Under Scott Herckis’ direction, SJH Financial provides a comprehensive array of services, which are usually handled by an in-house CFO, to small and mid-sized businesses, helping them achieve their business goals. Some of these services include financial reporting and individual and corporate tax planning.

Just like individual income earners, businesses pay taxes. As a company’s revenue increases, so do its task obligations. To maximize profitability, organizations need to minimize the tax they pay. Otherwise, a significant proportion of the revenue will be paid in tax.

Corporate tax planning involves various strategies geared toward minimizing a company's tax obligations without violating the rules in the tax code. With an efficient corporate tax plan in place, businesses can be sure that they are not paying more taxes than they should. This boosts the business's productivity since more proceeds can be allocated to capital and reinvested.

The bulk aspect of corporate tax planning focuses on exploring available tax exclusions, allowances, and deductions to benefit a business. Corporate tax planning also ensures that businesses remain compliant with tax laws.