Reduce your taxes
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 the new tax law and how it affects small business owners, including the new 20% pass-through deduction and changes to entertainment and other business deductions and credits. Easy to read and full of real-world examples, Deduct It! will pay for itself many times over.
This edition is completely updated to cover the new Tax Cuts and Jobs Act .
Tabla de materias
1. Tax Deduction Basics
2. Are You Really in Business?
3. Start-Up Expenses
4. Business Operating Expenses
5. Deducting Long-Term Assets
6. Inventory
7. Office Expenses
8. Car and Local Travel Expenses
9. Business Travel
10. Meal and Entertainment Expenses
11. Hiring Workers
12. Retirement Deductions
13. Medical Expenses
14. Additional Deductions
15. Record Keeping and Accounting
16. Claiming Tax Deductions for Prior Years
17. Staying Out of Trouble With the IRS
18. Help Beyond This Book
Index
Sobre el autor
Stephen Fishman has dedicated his career as an attorney and author to writing useful, authoritative, and recognized guides on business, taxation, and intellectual property matters for small businesses, entrepreneurs, independent contractors, and freelancers. He is the author of 20 books and hundreds of articles, and has been quoted in The New York Times, Wall Street Journal, Chicago Tribune, and many other publications. Among his books are Every Landlord’s Tax Deduction Guide, Deduct It! Lower Your Small Business Taxes, and Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Gig Workers of All Types, published by Nolo. He is a two-time recipient of the Independent Book Publishers Association’s Benjamin Franklin Award.