Completely updated for 2014 returns! For any home business, claiming all the tax deductions you are entitled to is essential to your businessas financial success. Donat miss out on the many valuable deductions you can claim. Here, youall find out how to deduct: start-up costs home office expenses (using new IRS rules) operating costs vehicles and travel expenses entertainment and meals business losses medical and retirement expenses Includes detailed information on the new health care law (Obamacare) and how it affects small business owners, including the health insurance mandate for individuals and businesses with employees, credits and deductions under the new law, IRS penalties for noncompliance, and Obamacare's impact on HRAs (Health Reimbursement Arrangements) and HSAs (Health Savings Accounts). Youall also learn how to keep accurate, thorough records in case the IRS ever comes calling. Easy to read and full of real-life examples, this book can help you take advantage of all the valuable deductions you are entitled to.his is a book about income tax deductions for home business owners. A tax deduction is money on which you dona#39;t have to pay taxes. The government has decided that business owners dona#39;t have to pay tax on income they spend for certainanbsp;...
|Title||:||Home Business Tax Deductions|
|Publisher||:||Nolo - 2014-11-13|