Doing Business Tax-Free: Perfectly Legal Techniques to Reduce or Eliminate Your Federal Business Taxes (Wiley Small Business Edition)
Description:
Shows readers how to avoid paying federal taxes during the first years of incorporation by creatively and legally plowing the profits back into the business. Explains how to use the IRS and state tax regulations to your advantage, e.g.: amortizing, capitalizing, depreciating assets, state credits, etc. Includes strategies for showing profits now or later—accelerating or delaying both payments of expenses and receipt of income, purchasing or leasing capital assets. Includes numerous examples to facilitate understanding.
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