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2009 Tax Strategies for Small-Business Owners: Deductions, Audits & More

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Author: Ian P. Murphy, Editor American Drycleaner
7,826 words $29.99
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Product Decription: As inevitable as taxes are, they’re also sort of a game. On one hand, you want to make a profit, and know the importance of paying your fair share. On the other hand, you don’t want to pay too much, because every dollar that goes to the government is a dollar out of your pocket.
Drycleaners don’t always take advantage of all the tax deductions they could. For instance, you may be not be declaring costs related to automotive upkeep and business travel, business books and periodicals, membership dues and charitable donations, and more — business expenses that can help you lower your profits and decrease your tax burden. And you may not know how generous Section 179 of the tax code can be when you need to upgrade plant equipment.
This special report discusses some of the deductions drycleaners and their accountants commonly overlook when filing their personal and business tax returns, how to use them to cut tax liability, the increasingly stringent enforcement of Federal tax laws, practical advice on handling an audit, and how to work with your accountant to legitimately tweak your results.
Following the advice inside this report can save many operators money on their 2009 tax returns and for many years to come. And not only can it pay for itself immediately, even the cost of the report is tax-deductible! Get this report now, before taxes are due in April.
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