Includes index. "Covers the latest tax law changes"--Cover. "This edition has a new chapter explaining how to get paid and pay others with Bitcoin or another cryptocurrency--and what it means for your taxes"--Back cover.
Contents:
Introduction -- Staying out of trouble with the IRS. Are you really in business? -- Start-up expenses -- Business operating expenses -- Deducting long-term assets -- Inventory -- Office expenses -- Car and local travel expenses -- Business travel -- The pass-through tax deduction -- Hiring workers -- Retirement deductions -- Medical expenses -- Additional deductions -- Using cryptocurrency in your business -- Record keeping and accounting -- Staying out of trouble with the IRS.
Summary:
"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."-- Back cover.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.