Synopses & Reviews
Is it possible to run a profitable, honest business while minimizing taxes and staying out of legal trouble? This bestseller points the way, detailing year-round tax-saving strategies to help business owners. Tax Savvy for Small Business provides detailed information and practical advice and tips for dealing with business taxes such as: * how to deduct current & capitalized expenses * how to write off long-term assets * taking advantage of fringe benefits * compares the advantages of different; egal structures * tips on keeping records that will head off trouble with the IRS * getting tax breaks from business losses * payig payroll taxes on time * handling an audit * negotiating payment plans for late taxes * getting IRS penalties and interest reduced and much more. Completely updated to provide the latest tax numbers, as well as current IRS forms and publications.
Synopsis
It is possible to run a profitable, honest business while minimizing taxes and staying out of legal trouble. How? This bestseller points the way, detailing year-round tax-saving strategies to help business owners:
- claim all legitimate deductions
- maximize fringe benefits
- keep accurate records
- document expenses
- survive an audit.