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	<title>Mouthing the Words &#187; taxes</title>
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		<title>Taxes levied on Small businesses</title>
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		<pubDate>Wed, 12 Nov 2008 08:53:36 +0000</pubDate>
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		<description><![CDATA[One of the major challenges faced by small businesses is tax. But by acting cleverly the tax expenses could be reduced. Businesses can effectively deduce all &#8220;ordinary and necessary&#8221; expenses from their revenues in order to minimize their taxable income. Areas wherein such deductions could be made include business travel, equipment, salaries or rent.
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