Did you know you can purchase a vehicle or equipment for your business and get a huge tax break? It’s true; You can potentially deduct the whole price of the vehicle or equipment from your gross income. Of course there are stipulations, like the size of the vehicle, and amount …
Do Tax Havens Exist?
Sounds too good to be true right? Well, for most small businesses, it is. Tax havens are foreign places that have low taxes. Multinational companies move their money to these shelters, so they don’t have to pay the US tax rates on the money. Yes, even though it’s sometimes secretive, …