Drew Miles's Articles in Tax Issues - Entrepreneurial and Business Related Articles

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Drew Miles's Articles in Tax Issues

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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. 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. 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.