Tax Insider Tip: Common Business Tax Mistakes: Case Studies
On the principle of ‘forewarned is forearmed’, I thought it would be useful to give some common situations where, in my experience, taxpayers have accidentally increased their tax bills by failing to appreciate certain features of our unbelievably complex tax code – so that the reader can avoid making the same mistakes.
In February's issue of Business Tax Insider, Alan Pink provides case studies highlighting a selection of tax ‘don’ts’ – and some corresponding ‘do’s’.
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>> Common Business Tax Mistakes: Case Studies