Don't overlook these!
Updated for 2012
If you're self-employed or thinking about starting your own business, you came to the right place.
Loopholelewy.com is chock full of free tax information for self-employed small business owners and those of you raring to get started in a business of your own.
Hi! I'm Larry Villano, publisher of loopholelewy.com. I have a BBA in accounting and received my CPA certification from the New York State Education Department in 1992.
My experience includes auditing, taxes, controllerships, setting up accounting systems, representing individual taxpayers in IRS audits, and working with small business owners.
Simply put: You'll Save Time and Money!
You'll save time because you won't have to search all over the web for tax information that is relevant to you as a self-employed small business owner.
You'll save money because the deductions that may be claimed by small businesses, many of which are often overlooked, are included here. These deductions are worth hundreds, even thousands of dollars, in tax savings!
Missing filing deadlines can be costly due to stiff IRS late filing and late payment penalties. To help you stay on top of things, I've included the official IRS Tax Calendar. Be sure to check it each frequently each month.
If so, you'll need to get some tax basics under your belt. A great place to start is the "Startups" section, available on each page in the Hot Topics menu. You'll learn the pros and cons of the three business structures (sole proprietorship, partnership, and corporation). You'll also learn about tax identification numbers, accounting methods, keeping your books and records, and much more.
Pay particular attention to these topics:
The net is rife with unscrupulous, money-hungry predators offering "money-making systems" and expensive (and useless) coaching sessions that suck your credit cards and bank account dry, leaving you nothing to show for it.
These pathetic vermin target the ignorant, desperate, lazy, and gullible; those seeking quick and easy cash online.
BULLETIN: IT DOESN'T EXIST!
Making money online (or offline for that matter) takes hard work and commitment. There are no "secrets" to making money or any individual that can "guaranty" you success. It's all up to YOU.
Remember the old adage:" A fool and his money are soon parted."
If you're tempted to get involved with any business opportunity via the net, here are seven things you should do:
I hope you find value in loopholelewy.com and make it part of your wealth-building strategy!
If you like this site, bookmark it and pass the word.
If you don't, tell me why, firstname.lastname@example.org.
Good luck, keep learning, and get rich!
Publisher of loopholelewy.com
Copyright © 2008-2013 Larry Villano. All rights reserved.