Business owners in the U.S. need help dealing with their tax obligations, mainly due to a lack of understanding of what is expected or hiring the services of the wrong tax adviser. Today on Founders Story, host Daniel Robbins asks Adam Torkildson, Founder of Tork Media and expert in taxation, how he has navigated the tax system successfully over the years.
Adam Torkildson is an investor and mentor who has committed himself and his expertise to mentoring small business owners to avoid the pitfalls he has experienced and fallen into as a business owner and provide guidance to help them navigate the process of legally avoiding paying taxes.
As far as taxation goes, Adam revealed that the Federal Government’s propensity for mismanagement makes taxation look pointless; in his words, “Given the tax codes that exist, the IRS has created these codes, and there are ways for small businesses to avoid paying taxes legally.”