Tax Savvy for Small Business
| Author | : | |
| Rating | : | 4.93 (890 Votes) |
| Asin | : | 1413310648 |
| Format Type | : | paperback |
| Number of Pages | : | 380 Pages |
| Publish Date | : | 2014-08-13 |
| Language | : | English |
DESCRIPTION:
Five stars (we love it)." (Inc. 20080315) . "This is an extremely valuable book, and you need it on your desk." (Paul Tulenko, syndicated business columnist 20080302)"This book is one of the best plain-language books on small-business taxes." (The Wall Street Journal 20080210)"A completely invaluable guide keep this on your bookshelf for future reference
"My goto guide for small business taxes" according to Pablo. I can't remember how many editions of Tax Savvy I've purchased over the years (or had included in electronic format with software purchases). You would think that with the wealth of information available online that books like this would have become obsolete - but they haven't. Tax Savvy is well organized and easy to read. When issues are beyond the scope of the book it's clearly indicated that the reader should consult a profess. Powerful Explanation of Section 179 Afia Tax attorney Frederick Daily explained many small business tax subjects extremely well in this book, and in particular I was impressed with his explanation of Section 179.Section 179 allows the company to deduct up to 250K (for 2008 and 2009) of depreciable property (although not buildings) in the year the equipment is placed in service. The business has to use the 179 election in the year of purchase or it waives the right to do. Written in plain terms, but a bit topical JujubeMBA This book is well laid out and written in understandable language. It outlines the different types of small businesses, types of LLCs, and some of the benefits and detriments to each. However, I found that the information was very topical--it doesn't seem to go much beyond what you'll find in a basic economics class in business school. I had hoped to find more in-depth discussion about taxes for very small (1-person) businesses,
Virtually every decision a business makes has tax consequences that can affect its bottom line -- and the IRS is always watching. It explains how to: deduct current and capitalized expenses write off up to $108,000 of long-term assets each year compare different business structures take advantage of fringe benefits keep records that will head off trouble with the IRS get tax breaks from business losses deal with payroll taxes negotiate payment plans for late taxes handle an audit get IRS penalties and interest reduced maximize retirement funds use retirement funds as a tax break The 13th edition of Tax Savvy for Small Business is completely updated and provides the latest tax breaks, rules, forms and publications. You'll also find a list of the top 25 business deductions - the best deductions to take and how to claim them, trouble-free.. Understanding the tax system is vital to the health of every small business. The essential tax-strategy book for entrepreneurs who
News & World Report, Newsweek, the New York Times, and the Chicago Tribune. Frederick W. He is the author of Stand Up to the IRS, Tax Savvy for Small Business and Surviving an IRS Tax Audit. He has been featured as a tax expert on Good Morning America and NPR, and in publications across the country including Money Magazine, U.S. . Daily is a tax attorney with over 35 years experience helping individuals and small business owne