Posted by need more info on October 24, 2008 at 11:45:26 from (74.219.96.249):
In Reply to: OT . Cost of business posted by Bryan in Iowa on October 24, 2008 at 11:24:11:
first you are asking the wrong question. What do I do to keep the cost of my product down ?
the question should be, what do have to do to decrease my taxes?
second: because we don't know any of the costs associated with your business, you'll need to either refer to this tax increase in terms of a percentage or If you use dollar terms you will then need to supply the dollar terms of all other aspects of your business.
third I run several companies. they are all taxed based on profit. If I want to lower the amount of tax the company pays I simply lower the amount of profit by increasing expenses.
forth if you taxes are going to increase by $100,000 then simply increase your deductable expenses by $100,000/TaxRate(20%???)= $500,000
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