Small Business Taxes for Dummies
ISBN: 1118650611
EAN13: 9781118650615
Language: English
Pages: 264
Dimensions: 1.00" H x 9.00" L x 7.00" W
Weight: 1.00 lbs.
Format: Paperback
Publisher:
Product is currently Out of Stock.
You can add it to your wishlist and you will be notified once we receive a copy.
Book Overview
Are you a small business owner taxed by taxes? Not being up-to-speed on tax rules and strategies can lead to mistakes that cost business owners thousands of dollars in fines and penalties every year. Small Business Taxes For Dummies assists both current and aspiring small business owners with important tax planning issues. For the estimated 21 million small business owners in the U.S., the nation's tax codes continue to change and increase in complexity. Small Business Taxes For Dummies arms you for important tax planning issues, including: year-round tax planning tips and expense tracking advice; small business decisions and expense basics; business use of your home and self-employment taxes; creating an ongoing tax routine; dealing with the IRS and where to find help; navigating audits and notices; and more. Guides you through the current tax laws and ensures that you understand your rights and obligations Helps small business owners save time and money Empowers you to understand and prepare your own tax documents The expert tips and advice presented in Small Business Taxes For Dummies are for the millions of small business owners like you searching for a guide to the latest tax codes and regulations.
Editor Reviews
From the Back Cover Learn to: Create an ongoing tax routine for your business Deal with the IRS and navigate audits and notices Implement practical strategies and stay up-to-speed on tax laws Are you a small business owner taxed by taxes? Not keeping up with tax rules and strategies can lead to mistakes that cost business owners thousands of dollars in higher taxes, fines, and penalties every year. Small Business Taxes For Dummies arms both current and aspiring small business owners with all the tax planning information they need to save time and money. Discover how to prepare your own tax documents, understand your rights and obligations, and much more. Get down to the basics -- find out why it's important to plan for your taxes year-round, and get strategies that can help reduce them Go for the long haul -- keep track of your business revenue and expenses, understand federal income tax filing options, and deal with IRS audits and notices Ask for help -- stay on the pulse of emerging tax rules and strategies; tap into IRS resources; utilize software; and find tax advisors who can help you with specific issues, including completing and filing tax forms Ten taxing truths -- discover ten often overlooked tax reduction opportunities, as well as ten resources to turn to after you've completed this book Open the book and find: The lowdown on business entities, retirement accounts, and other tax-related basics How to keep track of your revenues and costs Form 1040 filing options The scoop on using the home office deduction Step-by-step info on completing important tax forms Commonly used tactics for reducing taxes Ways to minimize your chances of being audited Pointers for getting tax help