Lower your taxes--big time! : wealth-building, tax reduction secrets from an IRS insider / Sandy Botkin, CPA, J.D.

By: Botkin, Sanford C [author.]Material type: TextTextPublisher: New York : McGraw-Hill Education, [2015]Edition: 2015 editionDescription: xvi, 320 pages : illustrations ; 24 cmContent type: text Media type: unmediated Carrier type: volumeISBN: 9780071849609; 0071849602Subject(s): Income tax -- Law and legislation -- United States | Tax planning -- United States | Income tax -- Law and legislation | Tax planning | United StatesDDC classification: 343.7305/23 LOC classification: KF6297.Z9 | .B678 2015
Contents:
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 -- 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 -- Every fringe benefit available to small and home-based businesses. Fringe benefits you will love, part 1 ; Fringe benefits you will love, part 2 -- 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, the must-have resource for saving thousands of dollars at tax time. A former IRS attorney, Sandy Botkin has saved hundreds of thousands of taxpayers hundreds of millions of dollars. In the newest edition of this powerhouse bestselling handbook, he continues to deliver money-saving strategies, including: Advice on properly documenting any business deduction; Guidance for getting big tax subsidies for starting a home business; Ways to turn tuition, entertainment, orthodontia, and other expenses into huge deductions; Important information on small-business tax changes and extensions recently passed by the American Taxpayer Relief Law"--Page 4 of cover.
Tags from this library: No tags from this library for this title. Log in to add tags.
    Average rating: 0.0 (0 votes)
Item type Current library Call number Copy number Status Notes Date due Barcode
Books Books Female Library
KF6297.Z9 .B678 2015 (Browse shelf (Opens below)) 1 Available STACKS 51952000227397
Books Books Main Library
KF6297.Z9 .B678 2015 (Browse shelf (Opens below)) 1 Available STACKS 51952000227403

"Including updates from the recently passed American Taxpayer Relief Law."

Includes bibliographical references and index.

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 -- 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 -- Every fringe benefit available to small and home-based businesses. Fringe benefits you will love, part 1 ; Fringe benefits you will love, part 2 -- 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.

"Completely revised and updated, the must-have resource for saving thousands of dollars at tax time. A former IRS attorney, Sandy Botkin has saved hundreds of thousands of taxpayers hundreds of millions of dollars. In the newest edition of this powerhouse bestselling handbook, he continues to deliver money-saving strategies, including: Advice on properly documenting any business deduction; Guidance for getting big tax subsidies for starting a home business; Ways to turn tuition, entertainment, orthodontia, and other expenses into huge deductions; Important information on small-business tax changes and extensions recently passed by the American Taxpayer Relief Law"--Page 4 of cover.

1 2

There are no comments on this title.

to post a comment.