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Surprise Tax Windfall for Small Business Owners 2009
National Institute of Business Management, Jan 2009, Pages: 51
Far too many people sit around and wait for promised tax reform in the hope that politicians will give them a tax break. The Internal Revenue Service counts on taxpayers to assume that kind of passive attitude. What the government doesn't like are take-charge, active taxpayers who make their own tax breaks. Such people cost the IRS big money because they learn how to slash their own taxes.
That's the purpose of this special report, which includes the key tax law changes over the past decade. It covers 89 IRS-approved tax-reduction strategies that can save you thousands of dollars. I recommend that you read this report from cover to cover, even going so far as to check off each tax strategy that you think might apply to your tax return. You'll learn little-known ways to minimize the damage from detrimental tax changes and how to benefit from new tax-saving opportunities. In fact, several investment incentives for small business owners and executives are just waiting to be tapped. I can practically guarantee that if you put these ideas to good use, you'll achieve significant tax savings and find innovative (and perfectly legal) ways to shelter investment income and sidestep tax traps.
Remember, too, that your tax savings don't end this year. They will endure, year after year, if you continue to take a proactive role in tax-trimming strategies.
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