Synopses & Reviews
Synopsis
Understanding taxes is an essential part of any small business--small business owners need to know about business deductions, writing off business assets, and the tax consequences of business decisions. This book provides all this information and more so business owners can make the best tax-related decisions about how to run their business. It is completely updated to cover the Tax Cuts and Jobs Act and how it affects small business owners.
Synopsis
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 meal 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 new edition of Tax Savvy for Small Business explains how to take advantage of the many tax benefits available to small business owners.