Tewksbury Public Library

Write it off! Deduct it!, the A-to-Z guide to tax deductions for home-based businesses, Bernard B. Kamoroff, CPA

Label
Write it off! Deduct it!, the A-to-Z guide to tax deductions for home-based businesses, Bernard B. Kamoroff, CPA
Language
eng
Index
no index present
Literary Form
non fiction
Main title
Write it off! Deduct it!
Oclc number
884299887
Responsibility statement
Bernard B. Kamoroff, CPA
Sub title
the A-to-Z guide to tax deductions for home-based businesses
Table Of Contents
A treasure hunt -- The home-based business -- Introduction to tax deductions. Relax ; Who is this book for? ; How to use this book to your best advantage ; Expense category ; Is every possible tax deduction listed? ; Isn't this what you pay your accountant for? ; Will your deductions trigger an audit? ; When in doubt, deduct ; Tax loopholes and tax secrets ; Federal vs. state laws ; "I wish I had this book last year" (Amending prior years' tax returns) ; Keeping records ; When can you take a deduction? ; Cash method vs. accrual accounting ; Year-end payments ; Structuring transactions to your best tax advantage ; Timing transactions to your best tax advantage ; Equipment, supplies, and inventory owned before going into business ; Paying business expenses ; Multiple businesses ; One last caution -- Terminology. Self-employed individuals ; Employer/employee ; What is a tax deduction? ; Tax write-off ; Personal vs. business ; Capitalized expenses ; Audits ; Tax credits vs. tax deductions -- The four basic rules : all expenses. Rule 1 : business related ; Rule 2 : ordinary expenses ; Rule 3 : necessary expenses ; Rule 4 : not lavish or extravagant -- 475 tax deducions for home-based businesses, A-Z