Tax Savings Strategies for Small Businesses

This workshop focuses on the Federal tax saving strategies that work best for small businesses, which are:

·      Electing S-Corporation status with the IRS.

·      Maximizing the deduction for business use of the home.

·      Demonstrating two ways you can compute the deduction for business use of personal vehicle.

·      Providing you examples of 7 different retirement plans and showing you which one is best for you.

·      Describing how to maximize the benefits of health savings accounts.

·      Show you the difference between smart equipment purchases and not-so-smart ones for maximizing the tax benefit.

·      Explain the difference between cash versus accrual accounting and let you know which is better for you.

·      And much, much more!