Tax Strategies for Business Owners, Share Your Vacation Tab with the IRS, and Build a Hard Core Business
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Magazine Edition
: April 2003TAX STRATEGIES FOR BUSINESS OWNERS
Share Your Vacation Tab with the IRS
Here are eight ways to ensure that you can have fun on business trips and still reap tax write-offs ...
Building a Hard-core Business
When Gerard Murray, 35, founder and ceo of School of Hard Knocks, a sportswear company in Corona, New York, sold T-shirts decorated with inner-city slogans, he never thought that this side hustle, started back in 1992, would evolve into a burgeoning sportswear empire that, in 2001, earned $27 million in sales. But Murray initially got the idea to vend urban-themed streetwear after watching sportswear companies such as Starter and Champion...
