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A Good Tax Course for Home Businesses

Discussion in 'Business & Tax Advice' started by Smitty, Apr 10, 2008.

  1. Smitty

    Smitty BANNED BANNED

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    Can anyone make any recommendations?

    I feel like I'm missing out on a lot of perks and write offs.

    Anyone know of a good one? Other than getting an accountant,
    who usually don't know it all when it comes to businesses like we run.

    Let me know.
     
  2. Black Hat Seo

    Black Hat Seo BANNED BANNED

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    Yeah get a tax attorney to do your yearly taxes. Tax attorneys are the best you can get, far better than a CPA, the IRS doesn't even bother with audits on tax attorney prepared returns, they know their stuff too well.

    Every deduction you can possibly imagine will be taken off your income, not to mention tax attorneys know how to legally setup new LLC's for you and move funds between them so that your taxable profits are moved to your start up companies therefore removing that income.

    It's sickening how little you can pay (and legally) with the right people doing your taxes.
     
    • Thanks Thanks x 1
  3. Smitty

    Smitty BANNED BANNED

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    Thanks a lot. Any advice on finding a good tax attorney?
     
  4. Black Hat Seo

    Black Hat Seo BANNED BANNED

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    I use a local firm to do them for all my companies. I suggest going local wherever you are. Just look in the yellow pages, call a few, and ask each for a few references. Those that provide great references, get a sit down consultation (free) and they'll let you know how they can help you.
     
  5. Smitty

    Smitty BANNED BANNED

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    Gracias senor you've been a big help.
     
  6. raj564

    raj564 Regular Member

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    read any book or get a course by sandy botkin.
    he was the head attorney of the irs...he went private and writes books and sells courses, on how to maximize tax deductions. etc...he seems to be a big fan of setting up c-corps.
     
  7. dick8843

    dick8843 Junior Member

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    jesus i hate taxes ! anyone here from the UK and want to talk 1 on 1 about this issue .. PM me please .. im worried about it !
     
  8. BlackLinks

    BlackLinks Newbie

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    I would check out Ron Mueller's ebook "It's How Much You Keep That Counts" and there is this new service called My Business Tax Advantage where you get a free consultation with an H&R Block rep when you sign up for there service which provides a deduction maximizer software and tax law database you can search.
     
  9. nomorealarmclock

    nomorealarmclock Newbie

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    Thanks so much for the advice! I was wondering how the heck I was going to even BEGIN my tax preparation. This is my first year with a home business.
     
  10. rjj4181

    rjj4181 Newbie

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    Another quick piece of advice - DO take the time to learn some of the tax basics yourself so you will know something of what a TaxProfessional will be telling you. Otherwise you can be a "lamb to the slaughter." Bottom line is, it is YOUR taxes and YOUR responsibility, not the Tax Professional's.

    In the US, local Chambers of Commerce, Community Colleges or Business Resource Centers have free "Introduction to Business" type courses - some even have more advanced at no cost. If you want to explore for yourself - http://www.irs.gov is a great resource

    RJ