HOW DO I AVOID PAYING TAXES BY SHOWING AN ACQUISITION AS AN EXPENSE?
My current business will make a great profit this year and I want to use the profits to acquire a business. How do I show the acquisition as an expense in the P&L in the current business so that I can lower my tax expense?
Tagging a few favorites here to help get the ball rolling: ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted] (To our commenters, THANK YOU in advance for making Searchfunder a helpful community. We appreciate it! ^[redacted]).
He has a book, as well as a tax-saving firm.
google his name or “How to create Tax free wealth”
I have not fully read the book, about halfway through useful strategies for just about any business owner.
Book a call with his firm at https://wealthability.com/services/. I’m sure they can work with your budget as they work with a variety of businesses from small to large. He’s a genuine guy at heart.
No I’m not sponsored by him. My experiences with him have just been that great! I have not used his advisory services but will very soon.