Deduct It!
eBook - PDF

Deduct It!

Lower Your Small Business Taxes

  1. 465 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Deduct It!

Lower Your Small Business Taxes

About this book

Take all the business tax deductions you're due

Small business owners can qualify for many tax deductions and credits, saving them lots of money. This edition covers all you need to know under new tax laws to ensure you take advantage of all the tax deductions and credits you’re entitled to. Deduct It! shows you how to maximize your business deductions—quickly, easily, and legally.

This edition explains what small business owners need to know about deductions, including the home office deduction and retirement deductions. It also explains how to keep proper tax records. You’ll also learn the rules for deducting startup and operating expenses, net operating losses, state income taxes with a pass-through entity, cryptocurrency given to a charity, and more. Moreover, this edition explains how business owners can protect themselves from audits.

Deduct It! is organized into practical, easy-to-understand categories of the most commonly used business deductions. It includes interesting and relevant examples so readers can see how the deductions work and the context in which they come up. This book provides the comprehensive, up-to-date tax law information that small business owners need to save money on taxes.

Understanding taxes is essential for all small business owners now more than ever. Easy to read and full of real-world examples, Deduct It! will pay for itself many times over.

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Yes, you can access Deduct It! by Stephen Fishman in PDF and/or ePUB format, as well as other popular books in Business & Entrepreneurship. We have over one million books available in our catalogue for you to explore.

Information

Publisher
NOLO
Year
2025
Print ISBN
9781413333053
eBook ISBN
9781413333060
Edition
22

Table of contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Table of Contents
  5. Introduction
  6. 1. Tax Deduction Basics
  7. 2. Are You Really in Business?
  8. 3. Start-Up Expenses
  9. 4. Business Operating Expenses
  10. 5. Deducting Long-Term Assets
  11. 6. Inventory
  12. 7. Office Expenses
  13. 8. Car and Local Travel Expenses
  14. 9. Business Travel
  15. 10. The Pass-Through Tax Deduction
  16. 11. Hiring Workers
  17. 12. Retirement Deductions
  18. 13. Medical Expenses
  19. 14. Additional Deductions
  20. 15. Using Cryptocurrency in Your Business
  21. 16. Record Keeping and Accounting
  22. 17. Staying Out of Trouble With the IRS
  23. Index
  24. Book Registration