Your Quickstart Guide to Taxes!
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The only guide a young business needs for overcoming taxes
In Taxes: For Small Businesses QuickStart Guide – Understanding Taxes For Your Sole Proprietorship, Startup, & LLC , you’ll dive into the world of taxes, and find out why it is so important to ensure that you file accurate tax returns. Taxes are one of those necessary evils that exist in the world. Our society would be very different without them, but none of us would really like to pay them. To add insult to injury, they are usually complicated to understand and take a long time to prepare and file. That is where this book comes in. Within the pages of this book, you will find: –
•The different types of small businesses that you can create
•The pros and cons of owning different types of businesses
•How the IRS calculates your taxes
•The four different taxes that small business owners are expected to pay
•How to calculate tax deductible business and capital expenses
The key to understanding small business taxes is finally presented in this book. Increase your avenues of wealth creation. Gain a better understanding of the federal tax system and increase the likelihood of paying lower taxes}
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Discover the difference between business and capital expenses, as well as the definition of a business asset. You will also find out how to calculate the asset depreciation value and how you should keep, accurate tax records}