Small Business Tax Strategies

Smart small business owners save thousands of dollars per year on their personal and business taxes by taking advantage of the legal loopholes that the government creates for their unique tax situation. Small Business Tax Strategies cuts through tedious tax code to reveal the bonanza of completely legal opportunities to grow personal wealth and secure an enjoyable retirement.  Learn more about Small Business Tax Strategies and the two free reports you’ll get when you subscribe...

The new federal “whistle-blower” program is producing the desired effect. The law was changed in 2006 to provide rewards of up to 30% of the amount recovered from tax avoidance claims above $2 million.

According to a speech before the American Bar Association (ABA) Section on Taxation by IRS Whistle-Blower Office Director Stephen Whitlock, more than 900 cases were received by Sept. 12, 2008, after guidance was issued earlier last year. That’s a dramatic increase from the 80 cases that were submitted as large-dollar claims during the first 12 months of the program’s operation.

“In the last year, this thing has exploded,” Whitlock commented. “It’s working as it was intended.”