Home Business Tax Deductions is indispensable to your financial success, whether your business is just starting or well established. This book 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. Home business owners can qualify for many tax deductions and credits, saving them lots of money. This book explains how to maximize your business deductions—quickly, easily, and legally.
Now, more than ever, understanding how taxes work is essential for home business owners. Don’t miss out on the many valuable deductions you can claim. Home Business Tax Deductions 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 deductions. Moreover, this edition explains how business owners can protect themselves from audits.
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.
Stephen Fishman has dedicated his career as an attorney and author to writing useful, authoritative, and recognized guides on business, taxation, and intellectual property matters for small businesses, entrepreneurs, independent contractors, and freelancers. He is the author of 20 books and hundreds of articles, and has been quoted in The New York Times, Wall Street Journal, Chicago Tribune, and many other publications. Among his books are Every Landlord’s Tax Deduction Guide, Deduct It! Lower Your Small Business Taxes, and Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Gig Workers of All Types, published by Nolo. He is a two-time recipient of the Independent Book Publishers Association’s Benjamin Franklin Award.