Small Business Taxes

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

By: Linette Cornell

Narrated by: Teri Wellbrock

Length: 4 hrs and 16 mins

Publisher's summary

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!

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.

A Fantastic Book for Small Business Taxes

This audiobook is great for small business owners who find tax planning challenging. The author explains tax concepts in easy language, so you can use the strategies for your business.

It talks about important topics like tax planning, legal ways to lower taxes, and tips for growing your business every year. What's special about this audiobook is that it gives practical advice you can act on. Each strategy is explained clearly with examples from real life. If you want to improve your tax planning and make more money in your business, I really suggest listening to this audiobook.

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.

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.

Tax Mastery for Small Biz

As a small business owner, I've always struggled to wrap my head around the complexities of tax planning. That's why "Small Business Taxes" was such a game-changer for me. This book breaks down tax strategies in a way that's easy to understand, with practical tips and real-world examples that make the information accessible to anyone. From deductions and credits to retirement planning and succession strategies, the author covers all the bases, empowering readers and listeners to take control of their finances and propel business growth year after year. If you want to keep more of your hard-earned money in your pocket, "Small Business Taxes" is the ultimate guide.

Navigate for Small Business Taxes!

This book is like a helpful map for small business owners, showing them how to manage their taxes wisely. It teaches easy to understand strategies to legally reduce taxes and make their businesses grow stronger year after year. It's like having a knowledgeable friend guiding you through the tricky world of taxes, helping you save money and build your business at the same time.

Great advice

Small Business Taxes: 8 Key Strategies to Master Tax Planning, Legally Lower Your Liability, and Propel Business Growth Year after Year" by Linette Cornell is an accessible guide for small business owners tackling the IRS tax code. The audiobook simplifies tax laws into clear, actionable steps, helping listeners understand their tax obligations and identify opportunities to reduce liabilities.
Cornell covers essential topics such as differentiating between self-employment and corporate income taxes, maximizing tax deductions, and the correct classification of business expenses. The inclusion of technology recommendations for tax management is a helpful touch for digital-savvy entrepreneurs. Tips on avoiding common mistakes and preparing for tax audits offer added value.
This information is a must for any small business to save time, save money and safely reduce liabilities. It's well written and easy to understand with excellent narration.