Difference between revisions of "Workshop 7 - Tax Planning"
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== Workshop no. 7: Tax Planning== | == Workshop no. 7: Tax Planning== | ||
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* Many talented people with well run businesses run into tax problems, and these problems can be the reason your business goes down. We need to deal with taxes in a healthy way, care for our business's tax relationship. | * Many talented people with well run businesses run into tax problems, and these problems can be the reason your business goes down. We need to deal with taxes in a healthy way, care for our business's tax relationship. | ||
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| − | Types of taxes: | + | '''How can we avoid the land mines in tax world?''' |
| + | * Start by identifying the different types of taxes, and then providing a calendar of important tax dates. | ||
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| + | '''Types of taxes:''' | ||
* Property taxes | * Property taxes | ||
* Consumption taxes | * Consumption taxes | ||
Revision as of 18:43, 22 January 2014
Workshop no. 7: Tax Planning
How are taxes related to sustainability?
- Government is part of the ecosystem in which our businesses exist - it can't be ignored.
- If money is being exchanged, then the government will require some share of that in order to fund itself.
- Like them or not, taxes should be thought of as part of healthy relationships within our ecosystem.
- Many talented people with well run businesses run into tax problems, and these problems can be the reason your business goes down. We need to deal with taxes in a healthy way, care for our business's tax relationship.
How can we avoid the land mines in tax world?
- Start by identifying the different types of taxes, and then providing a calendar of important tax dates.
Types of taxes:
- Property taxes
- Consumption taxes
- Income taxes
- Payroll taxes (start at 15%)
You can access the Tax Planning Worksheets, by Bob Weins and Rich Miller used in this workshop.
