Last Century’s tax concepts are not a viable E-commerce Internet Cloud Business Tax Planning and Strategy.
I was traveling last summer and British Air demonstrates announced that its worldwide computers are down, again.
My question to you is: “Is your e-commerce and internet business tax planning like BA’s XP style computer?”
Here is the problem with small business tax planning. Your CPA is using the same tax plan as when your computer used Window’s XP. You have updated your infrastructure for your business but not your tax plan. Business in 2016 is nothing like in 1998.
Congress reported that U.S. business that legitimately plan their taxes have a 14% tax rate. And there is more. Half of those business paid legally paid no tax.
My question to you: “Are you paying more than your fair share in taxes?”
Here are four indicators that your CPA is stuck in the 1900’s XP tax planning: