Ingram Publishing Services This book teaches business owners what they need to know about taxes for their small business, and how to make the best tax-related decisions. It has information on all aspects of taxes for a small business owner, from how to choose the best business entity to tax deductions, record-keeping, business losses, payroll taxes, fringe benefits, retirement plans, and much more. It provides valuable tax-related strategies and information to help small business owners save money and run their businesses without running into trouble with the IRS. 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 entertainment expenses
take advantage of tax credits
write off long-term assets
compare business structures
keep solid business records, and
handle an IRS audit.
This completely updated edition of Tax Savvy for Small Business explains the latest tax breaks and IRS rules and forms.