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I would like to save in taxes, as I believe taxes are outrageous for my business. You say that all businesses need to oppose taxes but my business is so important to me, and to adjust anything seems risky. What are the risks?
Angela487,
Just to re-emphasize, we do not “oppose taxes”, as you always need to pay all the taxes that are owed. We want to always comply with the tax code and never oppose it.
We don’t know your business, but since taxes are the number one killer of small businesses, they probably are outrageous.
We help business owners understand the rules they must live by. Congress has written two sets of rules, those for individuals and those for real businesses. The IRS has always upheld these differences.
The IRS has no problem with you trying to run a business under the individual tax rules, as long as you follow the rules. They, also, will fully accept a real business following the business rules within its classification.
Part of what we do when a business joins with us is to help the business owner understand the rules their business must live by. But, isn’t your accountant already doing that? Not from your new perspective.
“Risk” would instantly occur should we fail to follow the rules. There is no need to fail at this. At OWE LESS TAX, we simply have you re-create the business environment and then teach you to simply follow the rules of that environment. It’s fairly easy actually– and very productive. We’ve been at this a long long time and have adapted our strategies to the full understanding of almost every business owner.
If you are operating in an environment that you do not fully understand or if you are leaving all your decision-making to someone else– that will change. However, please know that the OWE LESS TAX system will be easy. A business owner needs to operate at a higher standard than most other people. You can do this.
You are justified by not taking any of this lightly but it is our job to make it easy for you to feel comfortable about knowing absolutely just where you are at with this. And, after you jump-in, we’ll do a bit of hand-holding for quite some time as you get used to looking through a new business perspective and guiding your business to success.
Thank you for your comment, let us know when we can help or if we can answer any more questions.