The expert advice contained in this book could help you to avoid paying income taxes for three full years or more This amazing book offers you dozens of proven techniques for taking advantage of IRS and state tax regulations to minimize, or totally eliminate, your tax bill. Not a laundry list of technical terms and concepts you'd need a tax lawyer to decipher, this idea-filled guide is written in plain, everyday English and packed with dozens of helpful real-life examples. And its unique quick-reference format routes you directly to the tax strategies that are right for you and your business. So, read this book and find out how to: Organize your business for the smallest tax bite Employ a wide range of tax-saving techniques, including amortizing, capitalizing, depreciation of assets, and more Use smart bookkeeping techniques that can save you a bundle Turn personal expenses into tax deductions Take money out of your business without incurring more taxes Use tax credits to get the government to pay your tax bill Find good professional help Plan your own tax strategies and keep professional fees to a bare minimum If you're self-employed and tired of watching your hard-earned money being thrown away on free congressional haircuts, read this book and find out how to keep it where it belongs.
I own a company and needed to learn about the basics of tax reduction. I found this book to be useful in just the basics. Because it concentrated on many topics, I believe it wasn't able to focus on many items that would have been useful to me. However, it was well written and easy to read, and I give it five stars because it gave me many broad questions to ask my tax consultant.
An understandable book on reducing business taxes
Published by Thriftbooks.com User , 24 years ago
Full of good ideas conveyed with a clear writing style, this book gives readers lots of good, concrete examples of how different businesses can reduce their tax burden. I was looking to create a new company and wanted to figure out which type of company was right for me (partnership, LLC, Chapter S, or C Corp). By following the examples in the book, I was able to zero in on the right organization for my consulting business. I have no doubt that when it is all said and done, I will have saved thousands of dollars by reading this excellent book.
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