The nation's tax laws are intended to encourage people to start new businesses and are chock full of incentives and tax breaks, as well as sometimes onerous reporting requirements. This course is a fast-paced and entertaining guide through tax issues affecting all business entities and their owners.
The focus is on tax devices and techniques available to small-business owners. Emphasis will be given to operational deductions, fringe benefits, compensation, family income splitting, retirement plans and estate planning.