Cantitate/Preț
Produs

Keep Your Hard Earned Money

Autor Henry Aiy'm Fellman, Star Parker
en Limba Engleză Paperback – feb 1998
If you're in business for yourself, don't sell yourself short. Reap all the tax-saving benefits you deserve with this clear, concise, step-by-step guide that shows you exactly how to take advantage of every tax deduction allowable by law. Inside, you'll find all the facts the IRS doesn't want you to know, and glean all the advice you need to:
* Convert everyday living expenses into business deductions
* Audit-proof your tax return -- how to keep records that will satisfy the IRS
* Choose the form of entity that's best for you
* Utilize insider's tips on numerous deductions: your home office, business equipment, car, credit card interest, clothing, meals, entertainment, trips and vacations, and medical expenses
* Use hiring techniques that save you money
* Income shifting techniques -- make your family part of your tax shelter
Plus, you'll get invaluable insights into retirement plans for the self-employed, including IRAs, Keoghs, SEP and 401(k) plans, and much, much more. Packed with informative charts, worksheets, questionnaires, and self-tests, Keep Your Hard-Earned Money provides solid advice you can take to the bank.
Citește tot Restrânge

Preț: 13479 lei

Puncte Express: 202

Preț estimativ în valută:
2582 2804$ 2215£

Carte tipărită la comandă

Livrare economică 06-11 mai

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9780671015305
ISBN-10: 0671015303
Pagini: 256
Ilustrații: 1
Dimensiuni: 135 x 210 x 18 mm
Greutate: 0.24 kg
Ediția:Original
Editura: Simon&Schuster

Descriere

More than 20 million people are self-employed and 70 percent of home businesses overpay on their taxes. This concise, step-by-step guide shows self-employed people in all professions exactly how to take advantage of every tax deduction allowable by law, while steering clear of the IRS.

Cuprins


CONTENTS

PREFACE

I KEEPING MORE OF YOUR HARD-EARNED MONEY

The #1 Tax Shelter

Calculating Your Tax Bracket

Converting Everyday Living Expenses into Business Deductions

Income-Shifting Techniques

Other Tax-Saving Techniques

Reduce Income Taxes with a Sideline Business

II MAKING SURE YOUR BUSINESS IS A BUSINESS

Convert Your Hobby Expenses into a Business Deduction

Making Sure You're a Business Owner and Not an Employee

III TAKE EVERY DEDUCTION YOU'RE ENTITLED TO

Audit Myths and Other Tales of Horror

Choosing the Right Tax Professional to Get the Most Out of This Book

Guilty Until Proven Innocent

Audit-Proofing Your Tax Return

Record Retention

IV CONVERTING EVERYDAY LIVING EXPENSES INTO BUSINESS DEDUCTIONS

Tax Savings from Deductions

Section A: If You're Entitled to the Home-Office Deduction, Take It!

Section B: Deduct ALL Equipment Used in Your Business

Section C: Getting the Most "TSPM" Out of Your Car

Section D: Meals, Entertainment, and Gifts

Section E: Deducting Business Trips and Vacations

Section F: Converting Medical and Dental Expenses into Business Deductions

Section G: Clothing, Interest, Credit Cards, Raising Children, and Everything Else

V INCOME-SHIFTING TECHNIQUES

Income-Shifting Technique #1: Hiring

Income-Shifting Technique #2: Gift Ownership

Income-Shifting Technique #3: Lease Property from Family or Friends

Income-Shifting Technique #4: Gift Property Instead of Selling

VI RETIREMENT PLANS FOR THE SELF-EMPLOYED

Individual Retirement Accounts (IRAs)

Simplified Employee Pension (SEP) Plans

The SIMPLE Plan

Medical Savings Account (MSA)

Keogh and Company Qualified Plans

401(k) Plans -- Deferred Compensation Plans

VII CHOOSING THE FORM OF ENTITY THAT'S BEST FOR YOU

The Different Entities

Choose Your Goal, Choose Your Form

The Choosing Process

Tax-Planning Strategies

APPENDICES

A. Tax Rate Schedule for 1997

B. Sample Independent Contractor Agreement

C. 1997 Per Diem Rates (by State)

D. Sample Employment Contract

E. Resource Guide

INDEX

ABOUT THE AUTHOR

Notă biografică

Henry Aiy'm Fellman is a lawyer, accountant, and small-business tax expert with more than twenty years of experience helping people lower their taxes. He is a well-known consultant, author, and speaker. His workshop series, Keep What You Earn!™, is available through continuing education facilities throughout the western United States, and via organizations whose members are self-employed.