Cut Thousands Per Year In Taxes And Its Legal! Publisher's Description
A Federal Tax Savings Strategy For Small Business Owners. It Can Save Literally Thousands Of Dollars Per Year In Taxes. It Is A Proven And Legal Method That Has Worked Year After Year For Those Who Employ It Properly.
INTRODUCTION.
Example: Bill starts a New Business in January 2010.
Bill’s Eye Opening Experience.
You won’t receive a W-2 at the end of the year, unless…
IRS Penalties Add Up – Estimated Taxes.
The IRS Will Figure the Penalty for You.
Can I get the Penalty Removed or Abated? Sometimes…
Penalties Due From the Example Above.
Tax Liens and Levies — You have IRS Payment Options, but they could have been Avoided
Can You Bankrupt Yourself Out of IRS Taxes?
Legally Eliminate Taxes. Your Accountant can Help you with this – Here is how it Works…
The Type of Organization that Qualifies with the IRS…
How Schedule C Net Profits are Taxed
What Happens to Schedule C reporting After Your S-Corporation is Setup?
How Partnership Profits are Taxed
Estimated Taxes or 1040ES Payments.
What is the 1120S Corporation?. 24
How the S-Corporation can SAVE you Tax Dollars NOW…
‘Reasonable Compensation’ Defined?.
How Much in Taxes can you Expect to Save?
The Solution – Steps to Free Yourself from Excessive Taxes
What the SET-System is based on, in a Nutshell…
The Single overlooked Problem when Electing S-Corporation status
You’ll need a Federal Id Number and Must Complete IRS form SS-4 – But it’s not that difficult
Why You Need a Separate Business Checking Account
Don’t Overlook This… Not Doing this can Ruin your S-Corporation
Back to Dr. Martin…
The Dreadful Task of Reworking Tax Returns and Reclassify Income and Expenses
Franchise Tax – No you are not a Franchise, But in a way you are
Using Your Business Bank Account and Stockholder Distributions
Initial Meeting of Stockholders and Corporate By-Laws
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