Mark your calendar for Tuesday February 14th at 4 pm PT/7 pm ET for the February 2012 Top 5% Club Teleseminar.
Entries Tagged 'Taxes' ↓
Scott Letourneau Interviews CPA/Tax Attorney Sandy Botkin on 2012 Tax Law Changes for Business Owners
IRS UPDATE: Is Your (Member’s) Activity Considered a Business or a Hobby? with Sandy Botkin CPA/Attorney
Mark your calendar for Tuesday November 2nd at 3 pm PDT/6 pm EDT. You will discover the most recent IRS cases and what they are now looking for to determine if your activity actually is a business or a loss. The difference is dramatic to your ability to write off losses.
When to Shut Down Your Entity and Start Over
Is your business not turning out the way you planned? You may have had to go back to work for someone else to bring in money for you and your family. This happens all the time. Is business slow and you are contemplating that move as well? You set up a separate legal entity for your business with one of the primary goals being to protect the revenue that would come from your business. Do you shut down and dissolve that entity or keep it active for another business opportunity?
According to the FBI, More than 250,000 Criminals Make their LIVING Each Year Through LAWSUITS! Will Your Assets Be Protected?
And not only do you have to survive lawsuits, but the scrutiny of the IRS, too. Amazingly enough, in a self-audit last year the IRS determined they were $300 BILLION SHORT in tax collections — and that their biggest culprit was NOT large corporations. They’ve decided that small business owners just like you cause most of their shortages, especially sole proprietorships. That makes sole proprietorships that file a Schedule C tax return 300% more likely to get hit with an IRS audit versus those who do not! Continue reading →
NCP’s Annual Tax and Bookkeeping Business Success System™
“The system designed to skyrocket your success!”
Dear Entrepreneur,
As you know 80-95% of business owners fail within five years, only 50% make it past year one. The number one reason for business failure is lack of cash flow. There are many reasons for that, marketing, sales, capitalization….one big reason is the lack of the properly financial system to keep track of your business.
Small Business Tax Strategies by Sandy Botkin!
Even if you are not making profits, you must learn how to track your expenses and losses to be in a position to properly use them to offset any earned income in 2010. If you are profitable (good for you) learn how to give yourself a “raise” by legally lowering your taxes.
Today, Learn how Big Tax Changes May Affect Your Business with Scott Letourneau and Sandy Botkin (4 pm PDT).
Mark your calendar for Wednesday, August 18 at 4 pm PDT/7 pm EDT. You will learn how to maximize your meals, travel and entertainment expenses and how to keep more profit in your pocket (not the IRS).
