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Minimize Tax Terrors in Two Simple Steps

Minimize Tax Terrors in Two Simple Steps

By Nina Kaufman, Esq.

It’s coming up to that time of year again. The time that most business owners dread. Tax season. Most entrepreneurs would rather have root canal surgery without anesthesia than go through the nightmare that is tax return preparation. Where are my documents? What can I deduct? Given everything going on with the economy, am I going to get “hosed” by the IRS? Saddled with a tax bill I can’t pay? I’ve managed to keep tax trepidations at bay with two simple steps: Stay up-to-date with my computerized bookkeeping throughout the year. Pay someone else to do it. Notice, I said these steps were simple–not necessarily easy.  Keeping current with bookkeeping means one of two things: Either you’re spending a fair amount of time doing it, or you’re paying someone else to do it. But once you develop a system (such as taking the first and third Friday morning of each month to make sure all bills are paid, invoices are sent out and outstanding statements get collection calls), you can pretty much move on autopilot.…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.