How you think about income taxes is important.
My experience suggests that most business owners make bad decisions because they believe the objective with income taxes is to lower them. It's not.
It's tempting for a business to lower their income taxes because it is so easy. The problem is it's usually a bad decision because it costs more than it saves.
Part 1 of this post is a super short survey about income taxes. Please take a minute to provide your answers.
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(NOTE: If the survey does not appear above, please click here to answer the three super-short questions.)
In a future post, I'll help you see why the majority of business owners make such a big mistake when they try to reduce their income taxes.
And I'll help you define what your goal should really be when it comes to paying income taxes.
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