Tax Deductions for Professionals (eBook)

Pay Less to the IRS

Stephen Fishman (Autor)

eBook Download: EPUB

2018 | 14., Fourteenth Edition
536 Seiten
Nolo (Verlag)
978-1-4133-2573-7 (ISBN)

Infos

Professionals are entitled to lots of tax deductions which can save them lots of money—if they take advantage of these deductions. There are also key tax advantages related to business entity choice under the new tax laws. Tax Deductions for Professionals explains everything professionals need to know to make sure they understand the best business entity choice for them and all the deductions they are entitled to take. Tax Deductions for Professionals is organized into practical, easy-to-understand categories of the most commonly-used business deductions. It includes lots of interesting and relevant examples so readers can see how the deductions work and the context they come up in. It covers start-up expenses, health care costs, continuing education, professional fees, home office, and more.

---

A tax deduction guide just for professionals.



Keep your taxes under control!



Architects, lawyers, dentists, chiropractors, doctors, and other licensed professionals are subject to special tax rules. With this book, learn how to pay less to the IRS at tax time by taking advantage of valuable tax deductions you are entitled to take.



Find out how to deduct:



start-up expenses

medical expenses under Obamacare

retirement plan contributions

continuing education costs

vehicles, meals, and travel, and

home office expenses.



Tax Deductions for Professionals will also help you choose the best legal structure, with detailed information on limited liability companies, partnerships, and professional corporations.



This edition includes comprehensive coverage of the new tax law (the Tax Cuts and Jobs Act) and how it affects professionals who have a business or are thinking of starting one.

Inhalt

Introduction

1. Tax Deduction Basics

2. Choice of Business Entity

3. Operating Expenses

4. Meal and Entertainment Expenses

5. Car and Local Travel Expenses

6. Long Distance Travel Expenses

7. The Home Office Deduction

8. Deductions for Outside Offices

9. Deducting Long-Term Assets

10. Start-Up Expenses

11. Medical Expenses

12. Retirement Deductions

13. Inventory

14. More Deductions

15. Hiring Employees and Independent Contractors

16. Professionals Who Incorporate

17. How You Pay Business Expenses

18. Staying Out of Trouble With the IRS

19. Record Keeping and Accounting

20. Help Beyond This Book

Index

Produkt-Details

• Erscheint lt. Verlag: 6.9.2018
• Zusatzinfo: charts, tables, graphs, forms
• Verlagsort: Berkeley
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Steuern / Steuerrecht
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• ISBN-10: 1-4133-2573-4 / 1413325734
• ISBN-13: 978-1-4133-2573-7 / 9781413325737