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?
How do I avoid paying taxes by showing an acquisition as an expense?
by a searcher from University of Virginia
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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.