Stephen Fishman "Deduct It! Lower Your Small Business Taxes"
English | 2007-12-12 | ISBN: 1413307191 | 496 pages | PDF | 2,9 MB
English | 2007-12-12 | ISBN: 1413307191 | 496 pages | PDF | 2,9 MB
From start-up to success, you need to Deduct It!
Make more money for your small business by paying the IRS less. Let Deduct It! show you how to maximize the business deductions you're entitled to – quickly, easily and legally.
This comprehensive, yet easy to read book is organized into practical categories featuring common deductions, including:
start-up expenses operating expenses health deductions vehicles travel entertainment meals inventory equipment and many more The 4th edition is completely updated with all the latest tax information and numbers for 2008, and provides new information on tax planning. Whether your business is just starting or well established, Deduct It! is indispensable to your venture. Summary: as a beginer, it was a smooth informative readRating: 5i just started (well just INCORPORATED) my catering business. i found this book to be written in an accessible and unintimidating style. Fishman goes to great lengths to give examples, cite external sources for additional information, and generally uncomplicates the IRS jargon. now only if i had read this 6 months ago, i would really be ahead of the game! Summary: Highly readable and informativeRating: 5This book is a must small business owners because it can improve their bottom line. Although it provides fairly good overview of tax deudctions, it should not be used as a comprehensive reference for tax professionals. The book is a relatively light read in a highly readable format. Each tax deduction has a good overview and a case example to boot. It isn't, however, an answer to complex tax questions which the book willingly acknowledges should be taken to a tax professional. For most business owners, this book should be sufficient for most of the tax deduction questions they may have. This book certainly answered all of mine. The book provides valuable information on the probability of an IRS audit (don't form sole proprietorship if you want to avoid an audit) and how one can minimize one's chances of an audit. Summary: So simple to understand, excellent examplesRating: 4I read this book after forming a C-Corp in California (using the Nolo guide). Although I am familiar with many biz deductions, this book walks you through many examples of deductions you can take if you plan ahead. I really like the "Day in the Life of…" examples of how you can maximize legal deductions pertaining to mileage. There's an excellent section on home office deductions. My husband, a self-admitted dummy when it comes to expense reports, taxes, etc., picked up the book after I was done, and even he understands the concepts. Already he has found deductions for his sole proprietorship and non-reimbursed employee biz expenses. Great value and so easy to understand. Highly recommend. Summary: Great book!Rating: 5Great book. Just one comment. A lot of the text in this book is identical to the text in Tax Deductions for Professionals. You don't need both books; choose one. Summary: Excellent InformationRating: 5This book has the information I have been looking for. It is the most detailed (and clearly written) of any books that I've purchased to help me know what is allowable (and not) as deductions for my small business. Helps in planning as well. SUPERB!