Deduct It!: Lower Your Small Business Taxes

For more information on how to handle inventory and write off the cost of goods, see Deduct It! Lower Your Small Business Taxes. San Francisco Chronicle Delves deeply into the complex thicket of available deductions, with real-life examples on deducting everything. Accounting Today "Every small business enterprise must deal with the issue of local, state, and federal taxes. Now in a newly revised and completely updated tenth edition, "Deduct It!: Lower Your Small Business Taxes" by tax expert Stephen Fishman is a superbly well organized and presented, 544 page, 'user friendly' instruction manual covering every aspect of small business taxation including deductions for start-up and operating expenses; travel, meals and entertainment; home offices (including new IRS rules); health care; equipment and inventory, and so much more. Offering a wealth of information, tips, strategies, legal forms, and FAQs, "Deduct It!: Lower Your Small Business Taxes" should be considered essential reading and an invaluable reference for all small business owners and entrepreneurs! " The Midwest Book Review Synopsis: "Deduct It!: Lower Your Small Business Taxes" shows you how to maximize your business deductions?quickly, easily and legally. Easy to read and full of real-world examples, "Deduct It!" will pay for itself many times over. It covers deductions for: start-up and operating expenses; travel, meals and entertainment; home offices (including new IRS rules); equipment and inventory. "Deduct It!" also includes detailed information on Obamacare and how it affects small business owners, including the health insurance mandate for individuals and businesses with employees, credits and deductions under the new law, IRS penalties for noncompliance, and Obamacare's impact on HRAs (Health Reimbursement Arrangements) and HSAs (Health Savings Accounts). "Deduct It!" shows you how to avoid problems with the IRS, including having your business classified as a hobby. It also explains how to amend your tax return if necessary. Whether your enterprise is just starting or well established, "Deduct It!" is indispensable to your financial success. Critique: Exceptionally well written, organized and presented, this fully updated and expanded twelfth edition of "Deduct It!: Lower Your Small Business Taxes" should be considered essential and mandatory for any and all businesses from the newest entrepreneurial venture to established multinational corporation. Of special note is that "Deduct It!" comes with a companion web site at Nolo Press that business operators can stay current with legal updates to "Deduct It!," as well as hundreds of valuable articles and FAQs, useful legal forms, and in-depth profiles of business and tax lawyers in whatever area of the country the reader resides. Thoroughly 'user friendly' from beginning to end, "Deduct It!" is very highly recommended for professional, corporate, community, and academic library Business & Economics reference collections in general, and Small Business supplemental studies lists in particular. For personal reading lists it should be noted that "Deduct It!" is also available in Kindle edition. Dunford's Bookshelf, MBR Bookwatch"

"For more information on how to handle inventory and write off the cost of goods, see...Deduct It! Lower Your Small Business Taxes." San Francisco Chronicle "Delves deeply into the complex thicket of available deductions, with real-life examples on deducting everything." Accounting Today "Every small business enterprise must deal with the issue of local, state, and federal taxes. Now in a newly revised and completely updated tenth edition, "Deduct It!: Lower Your Small Business Taxes" by tax expert Stephen Fishman is a superbly well organized and presented, 544 page, 'user friendly' instruction manual covering every aspect of small business taxation including deductions for start-up and operating expenses; travel, meals and entertainment; home offices (including new IRS rules); health care; equipment and inventory, and so much more. Offering a wealth of information, tips, strategies, legal forms, and FAQs, "Deduct It!: Lower Your Small Business Taxes" should be considered essential reading and an invaluable reference for all small business owners and entrepreneurs! " The Midwest Book Review Synopsis: "Deduct It!: Lower Your Small Business Taxes" shows you how to maximize your business deductions?quickly, easily and legally. Easy to read and full of real-world examples, "Deduct It!" will pay for itself many times over. It covers deductions for: start-up and operating expenses; travel, meals and entertainment; home offices (including new IRS rules); equipment and inventory. "Deduct It!" also includes detailed information on Obamacare and how it affects small business owners, including the health insurance mandate for individuals and businesses with employees, credits and deductions under the new law, IRS penalties for noncompliance, and Obamacare's impact on HRAs (Health Reimbursement Arrangements) and HSAs (Health Savings Accounts). "Deduct It!" shows you how to avoid problems with the IRS, including having your business classified as a hobby. It also explains how to amend your tax return if necessary. Whether your enterprise is just starting or well established, "Deduct It!" is indispensable to your financial success. Critique: Exceptionally well written, organized and presented, this fully updated and expanded twelfth edition of "Deduct It!: Lower Your Small Business Taxes" should be considered essential and mandatory for any and all businesses from the newest entrepreneurial venture to established multinational corporation. Of special note is that "Deduct It!" comes with a companion web site at Nolo Press that business operators can stay current with legal updates to "Deduct It!," as well as hundreds of valuable articles and FAQs, useful legal forms, and in-depth profiles of business and tax lawyers in whatever area of the country the reader resides. Thoroughly 'user friendly' from beginning to end, "Deduct It!" is very highly recommended for professional, corporate, community, and academic library Business & Economics reference collections in general, and Small Business supplemental studies lists in particular. For personal reading lists it should be noted that "Deduct It!" is also available in Kindle edition. Dunford's Bookshelf, MBR Bookwatch