2.     “My accountant takes care of my taxes.”

This was quoted by best selling author and tax attorney/CPA, Sandy Botkin. Most small business owners do not see their accountant or CPA until after their business year is over. The business owner is not proactive in taking advantage of every deduction available to them during the business year. Therefore, most business owners operate for years and years overpaying their taxes because they do not take any ownership and expect their accountant or CPA to “take care” of this for them.

Solution: Obtain an educational program, like Sandy Botkin’s Tax System to help educate yourself on how you can legally put more money into your pocket and how to bullet proof your records in case of an IRS audit (also not the tax professionals’ responsibility). NCP has Sandy’s tax system available and it comes with a 90 day money back guarantee!