Las Vegas Business Insurance information

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Dana Salvol

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Day Tradingl
Aug 03, 2010

Business Tax Deduction Tips

Tax deductions contribute to national prosperity by providing capital to business. Tax deductions reduce taxable income. A 0,000 tax deduction reduces federal income tax by ,000 (0,000 X 35%) assuming a 35% income rate. Options for increasing business tax deductions include revising depreciation schedules, reviewing fixed asset listings, casualty losses, bad debts, and charitable contributions.

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