Any large business that doesn’t use what is available to them under the law to keep as much capital as possible is stupid.
“Any large business that doesn’t use what is available to them under the law to keep as much capital as possible is stupid.”
The same goes for you and me. DO NOT give Mother Government ANY of your hard-earned cash in an interest-free ‘loan’ for 365 days.
Read a tax table. KEEP your money all year, owe as little as you can, don’t live for a ‘refund’ because they then count THAT as ‘taxable income’ for the next year.
It’s insanity! Educate yourselves. You’ll thank me later.
My best tax year had me paying the state of Wisconsin $50 and I got $100 back from the Feds in a refund. That was the closest I’ve ever been able to cut it, and I’ve always done my own taxes. It can be done! :)