Small Business Taxes

8 Key Strategies to Master Tax Planning, Legally Lower Your Liability, and Propel Business Growth Year after Year

De: Linette Cornell

Narrado por: Teri Wellbrock

Navigate the IRS tax code, minimize your tax liability, and keep more of your hard-earned money – it’s time to accumulate wealth!

For many small business owners, making sense of the tax code feels more challenging than trying to win the lottery.

But what if there was a way to transform this daunting task into a manageable, even empowering, part of your business journey?

This practical resource breaks down the convoluted language of tax laws into understandable, actionable steps. It will not only guide you through your existing tax obligations, but also uncover new opportunities to maximize your profits.

Inside, you will discover:

• How to understand various tax obligations based on your business structure and make informed decisions to optimize your bottom line.
• The differences between self-employment taxes and corporate income taxes, and how to strategically navigate between them.
• Strategies for maximizing tax deductions and minimizing income tax rates by classifying your business expenses correctly.
• The impact of income tax liability to owner(s) based on wages paid by the company vs profit made (dividend).
• Effective tax planning strategies to mitigate your tax burden, including cash flow management, estimated tax payments, and year-round vs. year-end tax planning tips.
• The best technology and software to assist with tax tracking and management.
• How to avoid common tax mistakes, be prepared for a tax audit, and know when it's time to hire a tax professional.

And much more!

Navigate the complexities of small business taxes effortlessly and start bringing more money into your pocket.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2023 Alerise Linette Cornell (P)2024 Alerise Linette Cornell

A Must Have for Small Business Owners

New or experienced small business owners NEED this book. Linette demystifies small business taxes, give great information on legal deductions, and reduces the stress about small business taxes! Strongly recommend!

Packed with clear, actionable advice

"Small Business Taxes: 8 Key Strategies to Master Tax Planning, Legally Lower Your Liability, and Propel Business Growth Year after Year" transforms the daunting realm of taxes into manageable territory for small business owners. Packed with clear, actionable advice, this audiobook demystifies the complexities of tax planning, offering practical strategies to reduce tax liabilities legally and support business growth. The guidance provided is not only accessible but tailored to the unique challenges small businesses face. Implementing these strategies has brought significant relief, particularly during the tax season, allowing me to save money and boost my confidence in my business’s financial well-being. This audiobook is a must-have for entrepreneurs seeking to navigate taxes with less stress and more success. Highly recommended for its insightful and empowering approach to small business taxation.

Tax Wisdom Unleashed

"Small Business Taxes" is a gem for entrepreneurs seeking to navigate the complex world of tax planning. With eight key strategies outlined in clear, concise language, this audiobook equips business owners with the knowledge they need to minimize tax liability and maximize growth. The author's expertise shines through as they offer practical advice and actionable tips that can be implemented immediately. Whether you're a seasoned entrepreneur or just starting, this audiobook is an invaluable resource for mastering small business taxes.

Goodfor readers with various levels of experience

The book is exceptionally well-structured, making it accessible to readers with various levels of expertise in tax matters. It starts by offering a clear understanding of different tax obligations based on business structures. This foundational knowledge is crucial for small business owners to make informed decisions that optimize their bottom line. The distinction between self-employment taxes and corporate income taxes, and how to strategically navigate these, is particularly enlightening, offering actionable insights for tax planning.

Very informative!

This book is fantastic, as I am currently navigating the intimidating world of tax codes. I appreciated that the author broke down complex tax laws into manageable steps, which will hopefully help me optimize profits and minimize liabilities. From understanding different tax obligations to maximizing deductions and employing effective tax planning strategies, this resource offers invaluable insights to keep more of your money. With actionable tips, technology recommendations, and advice on avoiding common pitfalls, it's a must-have guide for any entrepreneur seeking financial success. Plus, the accompanying PDF ensures easy reference alongside the audio. Highly recommended for those ready to take control of their finances.

Straightforward Tax Advice for Small Businesses

This audiobook gave me exactly the kind of information I was looking for. It breaks down tax planning into clear, manageable sections and helped me understand how to make smarter decisions for my business. I appreciated how the strategies were legal, ethical, and focused on long-term benefits. The audiobook also explained terms that usually confuse me in a way that finally made sense.

Mitigate Risks Enjoy & Relief at Tax Time!

What I like about "Small Business Taxes" By Linette Cornell, are all the powerful strategies given to educate you on taking advantage of current tax laws. With this book you discover the impact of your business structure, strategies for maximum benefits, how to simplify tax management and so much more! If you want to mitigate risks, and finally enjoy relief when it comes to taxes, then this book is a great resource for our listening library.

Now I'm not so scared of tax season

I"ve always wanted to run my own business, but the taxes part always scared me. This book definitely helped calm my nerves. It isn't some legalese-filled monster. It breaks down those complicated tax laws into steps I can actually understand. It explains things like the difference between my personal and business taxes, and how to categorize my expenses to save the most money. There are even tips for using tech tools to track everything – which is a huge help for someone who's not exactly an accounting whiz. Plus, it covers stuff like what to do if you get audited, and when to call in a professional.

Great Resource!

Thanks to the author for sharing these tax strategies. I have learned so much! A must read for help with your taxes.

Finally—Taxes Made Simple for My Small Biz!

This book made tax planning feel doable instead of dreadful. I actually understand how to lower my liability now—legally! The strategies are clear, practical, and geared toward growth, not just survival. It gave me confidence to take charge of my business finances without feeling overwhelmed. Every small business owner should grab this ASAP!