tax planning for a company

burnaby · Apprentice Joined: 26 May 2004 Posts: 14

I have recently been planning to start my first company. I hope it will work out all right. However, one of the key elements is planning taxes. Wrong calculations could ruin me and I would like that to be taken care of. If anyone could give me any advice, that would be great. Thanks in advance.

kennie · Apprentice Joined: 14 Jul 2005 Posts: 6

I can only agree with you. Planning your taxes is one very important step towards your financial success. Running any business is always very risky and that is another reason why you have to plan carefully and wisely. First you need to know what kind of taxes you need to pay as a company. After that, you need to have a good business plan that will cover all that. Finally, you need to know how to legally lower your taxes as much as possible. You will thus need a very good accountant. You can get some suggestions and info at http://taxes.about.com/od/taxplanning/a/
taxplanning.htm.

tax planning for a company

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