As a small business owner, you are responsible for paying taxes on what your business earns. But you only want to pay what you owe – no more and no less. What can you do to optimize your tax liability? Here are some tips that may help.
When you initially planned to buy or open your independent pharmacy, you showed your potential investors, partners, and lenders a business plan with well-documented financial statements. If a new opportunity presented itself today, how much time would it take to produce updated financial statements?