This book is available to read until 23rd December, 2025
- 472 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Available until 23 Dec |Learn more
About this book
Millions of Americans are now working at home due to the Coronavirus pandemic. It's likely that many will never return to the office. This book shows home business owners how to minimize their taxes by taking every deduction to which they are entitled. These valuable deductions include:
- start-up expenses
- home office deduction
- vehicles, travel, and meal expenses
- health expenses
- 20% pass-through deduction, and
- retirement deductions.
This new edition also covers all latest changes in the tax laws brought about by the COVID-19 relief legislation passed by Congress. These brand new tax breaks can save home business owners thousands in taxes: new sick leave and family leave tax credits for self-employed business owners, employee retention credit, tax-free treatment of landlord PPP loans, and liberalized rules for deducting net operating losses.
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Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Tax Deductions for Professionals by Stephen Fishman in PDF and/or ePUB format, as well as other popular books in Business & Contabilità. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Title Page
- Table of Contents
- Introduction
- 1. Tax Deduction Basics
- 2. Choice of Business Entity
- 3. Operating Expenses
- 4. The Pass-Through Tax Deduction
- 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. Inventory
- 13. More Deductions
- 14. Hiring Employees and Independent Contractors
- 15. Professionals Who Incorporate
- 16. How You Pay Business Expenses
- 17. IRS Audits
- 18. Record Keeping and Accounting
- Index
- Book Registration
- Additional Tax Law Resources at Nolo.com