[Read] PDF/Book Home Business Tax Deductions: Keep What You EarnStephen Fishman
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Description
Don’t miss out on the many valuable deductions you can claim. Now, more than ever, understanding how taxes work is essential for home business owners. Home Business Tax Deductions is for anyone who has a home business or is thinking of starting one and wants to know how to structure their business and take advantage of all available tax deductions. This book explains how to maximize their business deductions—quickly, easily, and legally. Whether you’re just starting your home business or it’s well established, Home Business Tax Deductions is indispensable to your financial success. It covers deductions for start-up and operating expenses, travel and meals, home offices, equipment, vehicles, medical expenses, and more. It also discusses how to keep accurate, thorough records and provides everything you need to know about the 20% pass-through deduction. In addition, this edition has guidance on how home business owners can prepare when the Tax Cuts and Jobs Act expires on December 31, 2025. It also explains how home business owners can protect themselves from a newly-expanded
IRS, which has hired thousands of new revenue agents to audit businesses. Home Business Tax Deductions is organized into practical, easy-to-understand categories of the most commonly-used home business deductions. This reader-friendly guide includes interesting and relevant real-life examples of how deductions work. If you have a home business, this book will pay for itself many times over.