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Do's and Don'ts for Small Business Owners - Reduce Taxes and Avoid an IRS Audit

Your small business can reduce its federal income liabilities without triggering an audit by the Internal Revenue Service (IRS). Consider the following do's and don'ts before you establish your small business, and as you prepare and file your small business’ taxes this season.

Additional resources provided by the author

www.irs.gov,
Publication 583, Starting a Business and Keeping Records,
Publication 334, Tax Guide for Small Business

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