Small business owners in the US face enough challenges without overpaying tax. Despite this, millions of small businesses miss out on crucial deductions, tax credits, and tax-saving moves every year, resulting in higher-than-necessary tax bills. In J.K. Lasser's Small Business Taxes 2024: Your Complete Guide to a Better Bottom Line, renowned attorney and small business advocate Barbara Weltman offers a thorough and exhaustively researched roadmap to legally minimizing your tax liability and maximizing your deductions and credits.
Contents
Preface -- Introduction -- Part 1: Organization -- Part 2: Business income and losses -- Part 3: Business deductions and credits -- Part 4: Tax planning for your small business -- Appendix A. Information returns -- Appendix B. Tax penalties -- Appendix C. Checklist of tax-related corporate resolutions -- Appendix D. List of dollar limits and amounts adjusted for inflation.