Smart Tax Write-Offs: Hundred of Tax Deduction Ideas for Home-Based Businesses

Authoritatively written by a Certified Public Accountant Norm Ray who draws from his more thirty-five years of professional experience, Smart Tax Write-Offs is now in an updated fourth edition and presents the reader with a straightforward collection of advantageous guidelines and suggestions which small business owners can utilize to save money. Thirty pages of this brief yet practical guide are devoted to an extensive checklist of common items that can be considered business supplies and deducted to save money. A highly recommended "must-read" for home-based businesses, independent contractors, freelance entrepreneurs, and small business owners, Smart Tax Write-Offs will prove to be one of the best financial investments any taxpayer can make in today's economically stressed times.

Concentrate on net not gross; what is important is how much you keep. Every business needs all the deductions it is entitled to. If you are self-employed or run a small business, searching for deductions is fun. And it is your money. This 128-page book lists and explains over 700 deductions a business owner is legally entitled to. For coverage, click on Table of Contents in the left-hand column of this page. When I was just starting out in the business world, working for someone else, I vowed to learn about deductions. Each year, I wrote down every cent I spent, including each penny in the parking meter. At the end of the year, I totaled my expenses and send the totals to a tax preparer. I was amazed at how much money I got back from the IRS. That taught me some lessons: Keep (accurate) records, use a tax preparer and get your money back. Norm Ray is a CPA and an experienced home-based business owner. He has been in your trench and is well-equipped to advise you on financial matters. As a (self-employed) author of 113 books (including revisions and foreign-language editions) and over 500 magazine articles and a consultant to the publishing industry, I recommend this book to writers, publishers, the self-employed and small business owners. [email protected].

From deductions for home-based businesses to independent contractors and equipment purchases, Smart Tax Write-Offs combines a checklist of possibilities with chapters outlining hundreds of tax deduction possibilities for entrepreneurs in this newly revised third edition for 1999 and 2000..