|
You get a raise every time you find a legitimate tax deduction. Here are 422 of them:
- Deductions you never heard about.
- Deductions your accountant forgot to ask you about.
- Deductions your software program got wrong.
- Deductions the IRS chose not to list on their tax forms.
- Are you paying more taxes than you have to?
The IRS is not going to tell you about a deduction you failed to take‚ and your tax accountant is not likely to take the time to ask you about every deduction you're entitled to. It's up to you. The savings can be tremendous.
About the Author: BERNARD KAMAROFF
Bernard Kamoroff is a Certified Public Accountant with twenty years' experience‚ specializing in small business. Mr. Kamoroff has worked directly with hundreds of businesses‚ and has been a speaker at small business‚ home business‚ and trade association meetings and conventions.
He has given business workshops for the University of California‚ American River College‚ Mendocino College‚ Open Exchange‚ Learning Annex‚ and San Francisco Business Renaissance.
Mr. Kamoroff is the author of five books about small business. A columnist for Home Office Computing‚ In Business Magazine‚ and 1099 Magazine‚ Mr. Kamoroff was also the small business editor for the Whole Earth Catalog. He writes the "Ask the C.P.A." column for the AltaVista Careers Web site.
In addition to helping other businesses‚ Mr. Kamoroff has started and successfully operated three of his own small businesses.
Bernard Kamoroff makes his home in Mendocino County‚ California. He can be reached c/o Bell Springs Publishing‚ Box 1240‚ Willits‚ California 95490.
Table of Contents
A Treasure Hunt
Introduction to Tax Deductions
How to Use This Book to Your Best Advantage
Expense Categories
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
Federal Versus State Laws
Amending Prior Years' Tax Returns
Keeping Records
When Can You Take a Deduction?
Structuring Transactions to Your Best Advantage
Timing Transactions
Equipment‚ Supplies and Inventory Owned Before Going Into Business
Partners In Partnerships
Owners of Corporations
Members of Limited Liability Companies (LLCs)
Home Based Businesses
Internet Businesses
Terminology
Self Employed Individuals
Employer and Employee
What Is a Tax Deduction?
Tax Write Off
Personal Versus Business
Capitalized Expenses
Method of Payment
Audits
Tax Credits Versus Tax Deductions
THE DEDUCTIONS: 422 Deductions‚ A-Z (Listed Alphabetically)
Made in the U.S.A.
|
