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Taxes
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Return to MindSpring Biz |
The Lowdown on TaxesWhy can paying taxes be fun? Because they are more fun than going through an audit! And audits can be more fun than having your assets seized for failure to pay taxes! Besides, Bill Bruns, one of my favorite Harvard Business School professors, says, "I want to pay more taxes meaning you should look at an exorbitant tax bill as a measure of your success."Unfortunately, as Bill is well aware, while income taxes will be the largest burden by far on a profitable firm, there are plenty of other taxes that need to be paid even if you aren't making any money at all. * Source Streetwise Small Business Start-Up |
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