Landmark Blog: Sales and Use Tax Savings

Landmark Advisors has sound advice on managing the various taxes that impact your business: … The long-term problem for somewhat successful small businesses that carefully manage their tax costs year after year is that it lowers the company’s long-term value, or going concern value.

Whether the owner achieves this by redirecting cash outside the business, as many do, or by maximizing certain expense items that have questionable benefit to the company’s growth or profitability, as most do, or simply through sound tax planning practices, whenever income taxes drive decision making, the business must decide to trade-off valuable cash flow, which in turn affects the company’s long-term valuation, in favor of increasing profitability. Landmark Blog: Sales and Use Tax Savings

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