475 Tax Deductions for All Small Businesses, Home Businesses, and Self-Employed Individuals
The Lyons Press (Verlag)
978-1-4930-7372-6 (ISBN)
Bernard B. Kamoroff is a C.P.A. with 30 years of experience specializing in small business. A University of California lecturer, he is the author of five books on business and taxes. He lives in Willits, California.
Preface A Treasure Hunt xi
Chapter 1:
Introduction to Tax Deductions 1
Relax 1
Who Is This Book For? 2
Business Legal Structure 2
How to Use This Book to Your Best Advantage 3
Expense Categories 5
Is Every Possible Tax Deduction Listed? 6
Isn’t This What You Pay Your Accountant For? 6
Will Your Deductions Trigger an Audit? 7
When in Doubt, Deduct 8
Tax Loopholes and Tax Secrets 9
Federal versus State Laws 9
Keeping Records 9
When Can You Take a Deduction? 10
Cash Method versus Accrual Accounting 10
Structuring—and Wording—Transactions to
Your Best Tax Advantage 11
Timing Transactions to Your Best Tax Advantage:
Year-End Strategies 12
Year-End Payments 12
Paying Business Expenses: You or Your Business? 13
Multiple Businesses 13
Home-based Businesses 14
On-Demand Workers 15
Hobby Income and Losses 17
“I Wish I Had This Book Last Year”: Amending
Prior Years’ Tax Returns 18
One Last Caution 18
Chapter 2:
Terminology 19
Self-employed Individuals and Independent
Contractors 19
Employer / Employee 20
What Is a Tax Deduction? 20
Tax Write-Off 21
Personal versus Business 21
Capitalized Expenses 21
“Significant” Costs 22
Customers, Clients, and Etc. 22
IRS Audits 23
Tax Credits versus Tax Deductions 23
Chapter 3:
The Four Basic Rules for All Expenses 25
Rule 1: Business Related 26
Rule 2: Ordinary Expenses 26
Rule 3: Necessary Expenses 27
Rule 4: Not “Lavish or Extravagant” 27
And One More . . . The $25 Million Dollar Rule 28
Chapter 4 475 Tax Deductions, A to Z 29
About the Author 233
| Erscheinungsdatum | 19.10.2023 |
|---|---|
| Zusatzinfo | 9 BW Illustrations, 6 BW Photos |
| Verlagsort | Guilford |
| Sprache | englisch |
| Maße | 178 x 229 mm |
| Gewicht | 513 g |
| Themenwelt | Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse |
| Recht / Steuern ► EU / Internationales Recht | |
| Recht / Steuern ► Steuern / Steuerrecht | |
| Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung | |
| Wirtschaft ► Betriebswirtschaft / Management ► Planung / Organisation | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 1-4930-7372-9 / 1493073729 |
| ISBN-13 | 978-1-4930-7372-6 / 9781493073726 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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