"A complete tax strategy guide"--Cover. Includes index. Includes bibliographical references and index.
Contents:
Tax basics -- Deductible business expenses -- Writing off long-term business assets -- Bookkeeping and accounting -- Business losses and failures -- Tax concerns of employers -- Sole proprietorships --solos, freelancers, and independent contractors -- C corporations -- S corporations -- Partnerships -- Limited liability companies -- Qualified personal service corporations -- Family businesses -- Home-based businesses -- Fringe benefits -- Retirement plans -- Buying a business -- Selling or closing a sole proprietorship -- When you can't pay your taxes -- Audits -- Appealing IRS audits -- Penalties and interest -- Help beyond the book -- Answers to frequently asked tax questions.
Summary:
"Create a business tax strategy that will save you time, energy and money. Getting your tax matters on track will free up your time to do what really counts: run a profitable business. Tax Savvy for Small Business shows you how to: deduct operating expenses; deduct travel, vehicle, and entertainment expenses; take advantage of tax credits; write off long-term assets; compare business structures; keep solid business records; and handle an IRS audit. The completely updated 18th edition of Tax Savvy for Small Business explains the latest tax breaks and IRS rules and forms."--Page [4] of 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.