Tax-Saving Strategies for Small Businesses: How to Reduce Taxes & Ensure Compliance
~MIC Lunch & Learn Series~
According to FORBES, 93% of business owners are overpaying on their taxes –regardless of whether they are paying for a high-priced accountant or not. They overpaid because of the lack of tax planning and a failure to claim hundreds of deductions and tax breaks that they are entitled to.
Your job as a taxpayer/business owner is to make sure that you take advantage of the tax law so that you can keep your taxes to the legal minimum. Whether you use a paid preparer or not, you need to get a handle on your taxes. You don’t have to master it, but you need to understand the basics in order to cut your taxes. You need to be informed about tax-saving opportunities. The more you know the better, giving you the ability to ask your tax professional questions that matter to your finances.
Register for this training to discover tax saving-strategies that can help you pay as little tax as legally possible and ensure compliance with all tax authorities.
Learning Objectives include:
- Tax preparation Vs. Tax Planning
- Reducing taxable income is possible and legal
- Year-around effort/proactive involvement
- Potential tax-saving opportunities to consider!
- Remain tax compliant
- Financial and tax mistakes you need to avoid