The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Deductible? Or Expensed?||Date: 4/13/2013 9:45 AM|
|Author: TMFPMarti||Number: 118404 of 121482|
My questions seem to be amazingly clueless to me, but that's where my knowledge is at this point. Gotta start somewhere!
And that somewhere is your very own accountant. As a knuckle-dragging IRS collection thug I saw countless small businesses fail. Practically to the owner, they hadn't a clue about the financial side of the business. All they knew was that they were working 60 hours a week and losing money. Please, please, please spend some money up front on advice.
On the unpaid advice front, here's a freebie from me. I don't know what kind of business this is, but if you try to manage it remotely and it's at all possible, your employees will steal you blind.
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