10 Most Expensive Tax Mistakes That Cost Business Owners Thousands
About this Lawline.com Program
As an accountant, one of your duties is to advise your clients to avoid making improper financial decisions. Join Accountant Guy McPhail as he discusses the 10 most expensive mistakes business owners make and how you should advise them. Mr. McPhail begins by discussing basic tips such as the advantages of planning, auditing correctly, and choosing the correct business formation. Next, he discusses certain techniques to save money such as utilizing family members as employees and maximizing your medical benefits. Finally, Mr. McPhail concludes by demonstrating how you can maximize your client’s savings through home offices and company cars.
I. Recognize the differences in retirement plans
II. Understand tax breaks on cars and trucks
III. Define a tax coaching service
IV. Describe the benefits of family employment
V. Evaluate effective medical benefit options
It's a dry subject area, but I like doing it as an hour CLE. The instructor was incredibly knowledgeable and understandable.
Overall very good course for time spent. Good tips for year around tax service - Thanks
very good speaker - especially considering the topic!
Thought of some items from a different perspective because of this seminar.
It is useful and clear.
Excellent - helpful for both assisting clients and running your own practice/business.
Best course I have taken so far -- informative and clear.
Bar none one of the best CLEs I've ever listened to.
Lots of good information. Thanks.
Valuable information that was well presented.
Excellent tips for us small business owners. Thanks Guy