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Small Business Tax Tips

        Presented
            By
         Paul Bax
Forms of Business
Sole Proprietorships

Partnerships

Corporations

S Corporations

Limited Liability Company
Employer Identification Number
            (EIN)
TAX YEAR
ACCOUNTING METHOD
BUSINESS TAXES

Income Tax
Self-Employment Tax
Employment Tax
Excise Tax
Business Expenses

Business Start-Up Costs

Depreciation

Business Use of Your Home

Car and Truck Expenses
RECORD KEEPING

Why Keep Records

Kinds of Records To Keep

Supporting Documents

Recording Business Transactions

How Long To Keep Records
Information Source:

     IRS Publication 583
     (Rev. January 2007)

  Starting a Business and
     Keeping Records

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Small business tax tips