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Drew Miles's Articles

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  • Ten Golden Tax Deduction Secrets
    While there are over 300 tax deductions available to business owners that can save you thousands of dollars, it can be a daunting task to identify the ones that are applicable to your situation. Here are my ten favorite deductions that make an excellent place to start saving money on your taxes.
  • Avoid Common Business Growth Mistakes
    Many new entrepreneurs will end up making costly mistakes that can rob them of thousands of dollars, which could mean the difference between a thriving business and one that fails. Learn to avoid common business mistakes and how to protect your assets, lower your taxes, and avoid costly lawsuits.
  • Learn to Audit-Proof Your Tax Records
    It is important that you are making the most of the 300 tax deductions that are available to business owners. However, you must be sure you are keeping keeping good records to avoid an audit by the IRS. Learn to shift the burden of proof and avoid the hefty fees and penalties.
  • Failure: A Misunderstood Key to Business Success
    You can't always expect to get everything right the first time, but that shouldn't prevent you from trying new things. It is important to learn from your failures, and don't let them convince you to give up. You can achieve anything you set your mind to, so don't be afriad to follow your dreams.
  • Smart Yearend Planning-Corporate Formalities
    There are three main areas we need to keep in mind as the year ends:
    1. Taxes
    2. Corporate formalities
    3. Planning for next year
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