Write It Off! Deduct It!: The A-to-Z Guide to Tax Deductions for Home-Based Businesses
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Are you paying more taxes than you have to?
There are more than nineteen million home-based businesses in the United States--56 percent of all businesses--and they generate $102 billion in annual revenue. As far as the IRS is concerned, a home business is no different than any other business. But there is a difference: not only can you deduct the business expenses that every business is entitled to, you can turn personal, nondeductible expenses into tax-deductible business expenses--if you are careful to follow the rules.
No tax software or accountant knows the details of your home-based business like you do, and the IRS is certainly not going to tell you about a deduction you failed to take. This invaluable book not only lists the individual items that are deductible in your home-based business--from utilities to that part of the home where you work--but also explains where to list them on your income tax forms.
There are more than nineteen million home-based businesses in the United States--56 percent of all businesses--and they generate $102 billion in annual revenue. As far as the IRS is concerned, a home business is no different than any other business. But there is a difference: not only can you deduct the business expenses that every business is entitled to, you can turn personal, nondeductible expenses into tax-deductible business expenses--if you are careful to follow the rules.
No tax software or accountant knows the details of your home-based business like you do, and the IRS is certainly not going to tell you about a deduction you failed to take. This invaluable book not only lists the individual items that are deductible in your home-based business--from utilities to that part of the home where you work--but also explains where to list them on your income tax forms.
Format:Paperback
Language:English
ISBN:1630760692
ISBN13:9781630760694
Release Date:January 2015
Publisher:Taylor Trade Publishing
Length:214 Pages
Weight:0.81 lbs.
Dimensions:0.5" x 6.2" x 8.9"
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