Moneybags Series 101: Seven Important Tax Questions for a Business Owner

This e-book is a small sampling of what tax advantages are available as an entrepreneurial. We discussed which business entity would be best and whether you are conducting yourselves in a business manner or treating it like a hobby. You had an opportunity to review the taxes that you might owe and how to record your income and expenses correctly. The correct reporting of your automobile records is one item the IRS constantly holds taxpayers accountable for. It is also one that is most over looked by taxpayers. Working from home has a lot of tax and personal advantages. I just read that 1 in 5 people work from home now, thanks to the internet. Lastly, how important it is to have a team of quality and qualified people on your success team. That includes a great tax accountant.