The Internal Revenue Service has its hands full every April when Uncle Sam holds his hand out with his fingers gently waving towards himself saying, “Show me the money.” At that same time Certified Public Accountants burn the midnight fluorescent bulb with the hopes of finding pleasing results for ignorant clients. Across town in the basement of an office, which his children affectionately call “the dungeon,” the typical home business owner fiercely rubs his own brow in the hopes of finding just one more deduction. Tax season has arrived.
The typical home business owner stresses out more in April than in any other season. Christmas, when his business may be booming and orders come in faster than he can write them down, or summer when his clients are demanding things that no sane person would demand in the midst of gorgeous, sunny days that call his name almost audibly to come and play-both of these seasons pale in comparison to April. The home business owner has two basic options and one non-negotiable choice to make regarding taxes.
First and foremost, we must consider the non-negotiable choices, which in and of itself is an oxymoron....
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