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Too many CFOs and other financial executives are either unaware of the tax incentives they can tap to save substantial amounts of money or are slowed by misconceptions of how the system works. One would think that most chief financial officers, tax executives, and business owners take full advantage of all the bells and whistles provided in the United States tax code — all 7,000 federal, state and local tax credits and incentives. But that's not the case, and businesses are consistently failing to take full advantage of significant benefits.
In this article by Dean Zerbe and Sonny Grover, the authors explore five tax incentives that far too many eligible businesses are failing to take advantage of.
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