For all your tax deductions, from start-up to success, you need to Deduct It!
Completely updated for 2009 returns
Make more money for your small business by paying the IRS less. Let Deduct It! show you how to maximize the business deductions you're entitled to -- quickly, easily and legally.
This comprehensive, yet easy to read book is organized into practical categories featuring common deductions,
Good overview of the relevant regulations. After this, you will be ready to consume the raw IRS guidance on the required forms and schedules. Book could be improved by incorporating IRS Form 1040 Schedule C and discussing, by expense category, what items can be deducted. Where do I deduct my Zoom subscription? Can I deduct my Nespresso machine?
Well written and brilliantly edited, like the other Nolo books I have read. If all books were so well edited, everyone would return to reading. And as a small business owner, I found it full of useful information.
3.5 stars. Skimmed through this helpful and practical guide. Well-laid out and content is accessible. This answered almost all the questions I had about taxes and self-employment. A good reference.
It's not a fun read, obviously, but it is a good one. Deduct it! makes taxes for small business understandable and gives plenty of info to fill out your tax returns and prepare for next season so you can maximize your profits.
The only downside is that this book contained almost the same info as Tax Deductions for Home Businesses. Don't understand why they publish two different titles with basically the same info...Hence the one star deduction.
Just skimmed, but this book has cleared up a lot of questions I had about the details of how to deduct business trips and a few other things like that. Good stuff.
Need to read the current version. Good info for a cursory understanding of how business deductions work with taxes, but not reliable otherwise. (I had the 2010 version from the library).