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Small business: Be sure to take all deductions

Full story: Newsday

It's tax season again. And while there's no way of avoiding it, there are ways to minimize a small business' tax burden by taking advantage of all the deductions it is legally entitled to, say experts.

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Ilya Bodner

Nashport, OH

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#1
Feb 16, 2009
 
Small business owners are having a hard time right now, and this article hits the point pretty much dead-on. It is important to try to cut as many corners as possible.

It is also important for small business owners to remember that there are alternatives to lending. Try to negotiate with your vendors, or build business credit. Whatever it takes to save money.

Sincerely,

Ilya Bodner
Small Business Owner
Initial Underwriting Group
Rich

Oviedo, FL

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#2
Feb 17, 2009
 

Judged:

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Even smarter yet, use the same accountants that Charles Rangle and Tim Geithner use. You will only get caught if your are being considered for a cabinet position.
Francis De Pietro

Bronx, NY

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#3
Saturday Nov 7
 
Ouch!
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