Читать книгу Small Business Taxes For Dummies - Eric Tyson - Страница 14

Taxes are a large, vital piece of your small-business and personal financial puzzle. You’re required by law to complete your income tax forms each year and pay the taxes you owe. You do this because you have deadlines and don’t want contact initiated by local or state authorities or the IRS to result in fines, penalties, or worse, jail time!

Nothing really forces you to plan ahead regarding your tax situation and small business. That’s why the vast majority of small-business owners don’t take steps year-round to plan and reduce their taxes. However, tax planning all year is valuable because it enables you to stay on top of your tax and business financial situation and minimize the taxes you legally owe. In this section, I explain typical ways in which taxes enter small-business decisions and some common tax mistakes folks make in this realm.