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Five Small Business Tax Strategies the IRS Don't Want You to Know
14 January 2011
Paying tax is one of things no one can escape whether you are a business owner or an employee we all have to pay tax.
The world renowned Benjamin Franklin said Certainty? In this world nothing is certain but death and taxes. In this article I hope to highlight five small business tax strategies the IRS dont want you to know which will help you get the better deal when it comes to paying your tax bill at the end of the year.
1. START A SMALL BUSINESS starting a small business itself is a great tax strategy because you can claim back the cost of accounting, advertising, banking, consultancy, entertainment, marketing, meals, parking, travel, insurance, computer equipment, medical expenses, trade shows and training equipment and many more. So being able to get the cost of all these things back when doing your return is fantastic.
Posted in: Financial Planning, Business Strategies, | Comments (0)
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