| Edition |
2016--2017 edition. |
| Description |
xvi, 320 pages : illustrations ; 24 cm |
| Note |
"Completely updated 2017 edition!" |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
Part 1. Wealth-building tax secrets for small and home-based business owners. Why you would be brain dead not to start a home-based business (if you don't already have one) -- How to deduct your fun -- How to turn your vacation into a tax-deductible write-off -- Income shifting and income splitting : one of the greatest wealth-building secrets -- How to turn your car into a tax-deductible goldmine -- Home office : the misunderstood key to saving $15,000 every five years -- Beating the dreaded IRS audit -- How to shield yourself from the IRS weapon of classifying a business as a hobby. part 2. How to incorporate to shelter your wealth. Finding the best corporate entity for your business -- Forming a Nevada corporation or a limited-liability corporation in Nevada -- How to eliminate up to 40 percent of your Social Security and Medicare tax with an S Corporation -- How to get assets and money into a corporation tax-free. Part 3. Every fringe benefit available to small and home-based businesses. Fringe benefits you will love, part 1 -- Fringe benefits you will love, part 2. Part 4. Miscellaneous tax strategies. The four most overlooked real estate tax deductions in America -- Making colleges less expensive with tax planning -- Tax planning for stock and bond investments -- Trader versus investor : the best kept secret around -- Tax scams and other shams -- The top 10 tax questions. |
| Summary |
"Completely revised and updated for 2017--the must-have resource for saving thousands of dollars at tax time! Now, the acclaimed tax expert shows you how to legally and ethically take advantage of the tax system to get a yearly subsidy of $5,000 or more back from the IRS and bulletproof your records forever. Packed with money-saving strategies, this essential guide includes: advice on properly documenting any business deduction ; expert guidance for getting big tax subsidies for starting a home business ; legitimate ways to turn tuition, entertainment, orthodontia, vacations, and other expenses into huge deductions ; important information on small-business tax changes and extensions recently passed by the American Taxpayer Relief Law, and more ; and, latest tax law changes arising from the Protecting Americans From Tax Hikes Law."--Page 4 of cover. |
| Subject |
Income tax -- Law and legislation -- United States -- Popular works.
|
|
Tax planning -- United States -- Popular works.
|
|
Income tax -- Law and legislation.
|
|
Tax planning.
|
|
Income tax -- Law and legislation.
(OCoLC)fst00968749
|
|
Tax planning. (OCoLC)fst01143815
|
|
United States. (OCoLC)fst01204155
|
| Genre/Form |
Popular works. (OCoLC)fst01423846
|
| ISBN |
9781259859922 (paperback) |
|
1259859924 (paperback) |
|
