Disclaimer
Important Disclaimer:
It's important for you to understand that the information on this website, or other means of communication (video, tax news updates, rss feed, audio, podcast, etc.) are not to be considered legal, accounting, nor tax advice. You must discuss this information with your tax advisor before applying it to your personal or business situation. If you don't have a competent tax advisor and you own a business, you are treading dangerous waters. Consider it a necessary cost of doing business. When it comes to taxes, you and your business bear the burden of proof to justify the tax liability.
Also, anytime information on this site discusses ways to "audit-proof" or "bullet-proof" your tax deductions, what we mean is when it is applied correctly, it can help significantly reduce the chances from any audit adjustment.
If you have a tax question you should consult with a qualified professional who is aware of your complete and specific situation. Because the information on these sites is general, it may not be appropriate for your specific situation. Accounting and taxation is different for different entities, fiscal year ends, industries, and basis of accounting (cash or accrual), etc. Moreover, because of the complexity of the tax laws, and the constant changes, you should use the information as only a beginning point, and then contact your professional tax advisor to discuss what is best and appropriate for your situation.
The owner of this website is NOT a licensed CPA and therefore not able to provide you with specific tax advice for your situation. We market tax products and resources.
This site is not intended to be a reference source. We will not be held liable for any legal action resulting from reliance on this website or in any of correspondence you receive from this website.
We are an indepedent distributor for Tax Reduction Institute and do not purport to represent them in any other way. The content in anything we do is totally our thoughts, opinions, and comments and unless otherwise explicitly disclosed, are NOT sponsored by, endorsed by Sandy Botkin, Tax Reduction Institute, Tax Resources Inc. or any other related individuals or companies from the products that we promote on the site. Any related advertising or promotional materials to generate more traffic to this site should be viewed the same way.
Great effort is made to provide information that is accurate and current, however it is possible that these web sites may include typographical errors, misstatements, dated, incomplete or inaccurate information. Users of these web sites should be aware that rules and regulations surrounding the accounting and tax fields changes constantly; since these web sites are only updated periodically, they may not contain the most recent information.