Hey, howard, just a quick note to make sure you
know how to be sure that you will never, ever need
to worry about losing even a single one of your new
tax deductions if you are ever audited.
As I say in Chapter 13, the way to bullet-proof your
small-business tax-deductions, is by maintaining the
documentation required by the IRS to prove every
deduction you claim on your tax returns.
Why?
You see, understanding the tax-deductions and
qualifying for them is not enough. You must be
able also to also document each deduction.
Tax Code says: “No Documentation = No Deduction.”
Documentation used to be an onerous task, which
used to lead to losing of lots of legitimate deductions.
But that is no longer the case.
Some enterprising people took on the challenge of
helping you deal with that need. There are now
several “tax deduction recordkeeping systems” on
the market. I evaluated most of them, and identified
the one that, not only came in as #1, but also makes
recordkeeping as close to automatic as I can imagine.
The #1 cause of small-business owners losing any
deduction in a tax-audit is: Lack of adequate records.
As your tax-savings coach and mentor, I strongly
recommend you follow the advice in Chapter 13 of
“WINDFALL Tax-Savings APPROVED for Small-
Business Owners.”
The system I recommend, Taxbot™ is the same system
I, myself, use, to document my own business-deductions.
Look, this ingenious program is the brainchild of Sanford
Botkin – former trainer of all IRS Auditors! Sandy is
the best authority on this subject.
Taxbot has now evolved into something that keeps
IRS-required tax records almost automatically!
Subscriptions cost only 10 bucks a month or a full year
for only $100 – tax-deductible!!! Check it out at
www.FastEasyTaxRecords.com.
I do not care if you use Taxbot or another system, but
please do use something! Lack of adequate records can
easily cost you tens of thousands in disallowed deductions.
Strongly recommend you take a look …
Helping THOUSANDS to SAVE a BUNDLE,
Ron
Dr. Ron Mueller
Author, Speaker & Tax-Savings Coach
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