Deduct It!: Lower Your Small Business Taxes
ISBN: 1413329241
EAN13: 9781413329247
Language: English
Pages: 416
Format: Paperback

Deduct It!: Lower Your Small Business Taxes

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Book Overview
Now, more than ever, understanding taxes is essential for all small business owners. This book covers all you need to know under the new tax laws to make sure you are taking advantage of all the tax deductions and credits to which you are entitled. Practical and organized by chapter into the most commonly used business tax deductions, this book shows how to plan for and take advantage of the tax breaks available to small businesses, including new deductions and credits under the CARES Act and other post-COVID relief. Deduct It shows you how to maximize your business deductions--quickly, easily and legally. Whether your business is just starting or well established, this book is indispensable to your financial success. It covers deductions for start-up and operating expenses, travel and meals, home offices, medical expenses, equipment and inventory, and more. Learn about new tax rules under the CARES Act and how they can help small business owners. The book also covers everything you need to know about the 20% pass-through deduction. Easy to read and full of real-world examples, Deduct It will pay for itself many times over.

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