Reduce your tax burden with the only "know how" guide to deductions for professionals.
Winner of the Independent Book Publisher's Association's Benjamin Franklin Award
Hold on to more of your hard-earned money with the year-round tax-saving tips in Tax Deductions for Professionals. This easy-to-read guide will help you understand tax deductions so that you can make wise business decisions and operate profitably. Plus, unlike any other book out there, Tax Deductions for Professionals can help you choose the best legal structure for your practice -- the most important business (and tax) decision you'll make.
Comprehensive, easy-to-read, and filled with interesting examples, Tax Deductions for Professionals lays out and explains the common deductions you may qualify to take, including:
- start-up and operating expenses
- health deductions
- vehicles and travel
- entertainment and meals
- home office
Learn how to take full advantage of the deductions available to you, and get information on putting money into retirement accounts, the tax implications of owning the building you work in, and deducting the cost of continuing education, professional fees, and other expenses.
The new edition is completely updated with the latest tax numbers and laws for 2011 returns.
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