Tax Planning for Start-Up Costs

Published Categorized as Articles, Houston, Tax

New business ventures will typically incur losses in the first year or years. These losses can sometimes be used to offset the business owner’s other income. In a way, this tax loss offset and the tax savings is akin to an interest-free loan from the Federal government. Congress has imposed some limitations on this type…Continue readingTax Planning for Start-Up Costs

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DID YOU KNOW THATOver 90% of IRS Audits Result in More Tax Due?
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