Everyone has their own idea on what a small business is and most small business gross less than 1 million a year and have fewer than ten employees.
Tax Advantages for Small Business Owners:
1. Personal Expenses can become wholly or partially deductible: Your home, car, computer, meals, education and entertainment.
1. Personal Expenses can become wholly or partially deductible: Your home, car, computer, meals, education and entertainment.
2. Retirement savings plan can shelter part of your ventures income from taxes, accumulate earnings tax-deferred and provide for your retirement as a reduced tax rate.
3. Family Member young and old can be put on the payroll to shift income to them and reduce a family’s overall tax bill.
4. Travel and vacations can qualify in whole or in part as deductible business expenses.
With all these possibilities, you business can earn less than if you were working for someone else and you can still come out ahead.
Owning a small business has been called the little guys tax shelter. Self employed individuals get tax benefits for expenditures not allowed to wage earners. About ten million small business today provide jobs only for the owners and their families.
Advance Tax Relief LLC is a full service Tax Relief firm in Houston which includes tax professionals, IRS enrolled agents and Tax Attorneys. Our tax professionals are very knowledgeable and experts in tax negotiations. We offer fast response protection to our clients and a commitment to gaining major tax reductions. Whether you are new to tax problems or have hired someone in the past to resolve your tax debt, we have a track record of consistently accepted IRS settlements. This has boosted our reputation as having satisfied all of our clients to date.
We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574 or visit our webpage www.advancetaxrelief.com.
ADVANCE TAX RELIEF LLC
www.advancetaxrelief,com
BBB Accredited Business – As Seen on TV!
BBB Accredited Business – As Seen on TV!
Have tax problems? Call (800)790-8574
Testimonial:
“My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful” – Shirley W, Tampa FL.
“My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful” – Shirley W, Tampa FL.
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