Tax Smart America Cautions New Business Owners on IRS Audits



Tax Smart America® announced today that small business owners who own and operate a home-based business should be aware that the IRS has become increasingly aware of the continued growth in this sector of the business community, and that every indication shows IRS audits are rising and will continue to rise in the years ahead.

By every measure our economy sees an estimated 60,000 new businesses each month. Many of these new business owners are small start up home-based business, often resulting from displacement from other factors in the economy, or in some cases former employees making their mark at grabbing a piece of the America Dream by joining the Free Enterprise System.

What many new small business owners do not realize, especially those operating home-based businesses, is that the tax codes are generally very confusing, and often require serious consideration before making that first sale. Add to this the issue that most smaller tax firms are very limited in the expertise of helping small business owners comply with tax reporting that can be required as often as on a weekly basis.

Often this results in the small business owner learning far too late that more attention should have been given to understand the business they are about to start and the various local, state, and federal tax issues that will impact their small young enterprise.

The recent release of a new information product by Tax Smart America® under one of its product brands "59-Minute Solutions's8482;" provides the new home-based business owner with an introduction into a variety of tax issues related to starting and operating a Home-Based Business. 59-Minute Solutions's8482; to Running A Home-Based Business provides a unique video e-book format, with educational material for a wide range of special rules that the IRS requires if you are operating a home-based business.

Tax Smart America® is now in the process of reviewing a number of national distribution plans for the product aimed at this ever-growing market to help the new business owner better understand the IRS rules and audit concerns.

Company spokesman, and President Daniel Love also noted that, "We see this product as a first step in helping both tax professionals and business owners alike, better understand a wide range of tax issues that impact Home-Based Businesses, while providing a unique opportunity for professionals to expand their knowledge of the IRS rules for the Home-Based Business owner. Our goal is to partner with numerous Home-Based Business companies in an effort to license these products to better serve their distributors while playing by the rules of the IRS".

Tax Smart America®, and 59-Minute Solutions's8482;, are registered trademarks of (Smart America Group Enterprises). The company offers unique business model systems for tax professionals under a unique license agreement as an alternative to old-style franchising such as that of H&R Block (HRB), Jackson-Hewitt, (JTX), and Liberty Tax.

The company now has six products positioned for national distribution and release in the next few months as it also begins expanding its license program to independent tax professionals nationwide.

For more information contact:
Daniel Love, President
Smart America Group Enterprises Inc.
(858) 614-1831





Tax Smart America Cautions New Business Owners on IRS Audits