SCORE: Tax Saving Strategies for Small Businesses

Many entrepreneurs are surprised to learn that they have to share with the government; in fact, we suggest you consider IRS to be a silent partner! We'll start with the top three ways to keep on the good side of the IRS: making sure you understand the difference between an employee and a contractor, paying estimated taxes when they're due (and keeping the money set aside to do it), and keeping good records with separate bank accounts and credit cards for business expenses and income.