Buy Nolo's Tax Savvy for Small Business 8th Edition Cheap Price

Cut the time and money you spend on taxes

Product Information

Format: Paperback Book

Whether you are a one-person show or run a corporation with lots of employees, taxes can leave you breathless. Quarterly estimated taxes, payroll taxes, state and local taxes -- sometimes it seems that there is no time left for running the business itself. And virtually every business decision you make has tax consequences that can affect your bottom line. Fortunately, Nolo's Tax Savvy for Small Business can show you valuable strategies that will free up your time and money for what counts: running your business, and running it effectively. Knowing the ins and outs of the tax code is vital to the health of every small business. Virtually every decision a business makes has tax consequences that can affect its bottom line-and the IRS is always watching.


About the Author

Frederick W. Daily is an attorney with over 30 years' experience with tax law.  He is the author of Stand Up to the IRS and Surviving an IRS Tax Audit, both published by Nolo.


Subjects Covered

• Deduct current and capitalized expenses
  
  
• Write off long-term assets
  
  
• Write off up to $104,000 of long-term assets each year
  
  
• Compare the advantages of different legal structures
  
  
• Take advantage of fringe benefits
  
  
• Keep records that will head off trouble with the IRS
  
  
• Get tax breaks from business losses
  
  
• Pay payroll taxes on time
  
  
• Deduct home-office expenses
  
  
• Negotiate payment plans for late taxes
  
  
• Handle an audit
  
  
• Get IRS penalties and interest reduced
  
  
• Maximize retirement funds
  
  
• Use retirement funds as a tax break

Includes

Part 1: The Basics

1. Deductible Expenses
2. Writing Off Business Assets
3. Bookkeeping and Accounting
4. Business Losses and Failures
5. Tax Concerns of Employers

Part 2: The Structure of Your Business

6. Sole Proprietorships
7. C Corporations
8. S Corporations
9. Partnerships
10. Limited Liability Companies
11. Personal Service Corporations

Part 3: Thinking Small

12. Family Businesses
13. Microbusinesses and Home-Based Businesses

Part 4: Fringe Benefits

14. Fringe Benefits
15. Retirement Plans

Part 5: Buying or Selling a Business

16. Buying a Business
17. Selling a Sole Proprietorship

Part 6: Dealing With the IRS

18. When You Can't Pay Your Taxes
19. Audits
20. Appealing IRS Audits
21. Penalties and Interest
22. Help Beyond the Book
23. Answers to Frequently Asked Tax Questions


Product Reviews

A completely invaluable guide... keep this on your bookshelf for future reference. Five stars (we love it).
     - Inc. magazine 

This plain-English guide will show you how to make the most of your tax-deductions.
     - BusinessWeek 

The author has more than 20 years experience...Even if you use an accountant, pick up a copy of this book for further understanding and tax management.
     - Small Business Opportunities