The Marlboro Cigarette brand never gained sufficient traction amongst smokers and was eventually taken off market during World War II. Marlboro cigarettes were reintroduced in 1950's when many consumers began to concern themselves with health aspects of smoking. At time, most cigarettes were non-filtered. The Marlboro cigarettes branding position as a women's Cigarette had also been reevaluated and so it was decided to market Marlboro cigarettes at men, rather that women.

DEFER YOUR INCOME INTO 2005

If you don’t receive payment until first week of January for cash basis tax returns and don’t bill until January for accrual basis tax returns, you have effectively deferred your income. This works well if your 2005 income is equal to or less than it was for 2004. If not, you are delaying inevitable and potentially putting yourself in a higher tax bracket for 2005.

ACCELERATE DEDUCTIBLE EXPENSE INTO 2004

Anything charged on your business credit card December 31st and prior is deductible in 2004 even if it is paid in 2005. You can also write a check on December 31st that you would have normally paid in January. You may want to get a confirmation receipt to prove you mailed those checks in 2004. This works well if your 2005 income is equal to or less than it was for 2004. If not, you are delaying inevitable and potentially putting yourself in a higher tax bracket for 2005.

OPEN A RETIREMENT PLAN ACCOUNT

See http://www.dgoodmancpa.com/smallbusinessretirementplan.htm for an example of what you can do with that available profit tax deferred until retirement. This is a fantastic option for those who have cash and want to contribute money into their personal retirement account and deduct that contribution from their corporate earnings. Does it get any better than that?

BUY EQUIPMENT AND SOFTWARE BEFORE YEAR END