J.K. Lasser′s Small Business Taxes 2019: Your Complete Guide to a Better Bottom Line

ISBN-13: 9781119511540 / Angielski / Miękka / 2018 / 720 str.

Barbara Weltman

Opis

Maximize your bottom line with the nation's most trusted small business tax guide J.K. Lasser's Small Business Taxes 2019 is the small business owner's ultimate guide to a money-saving, stress-free tax season.

Spis treści

Preface vii

Introduction xi

Part 1 Organization 1

1. Business Organization 3

2. Tax Year and Accounting Methods 43

3. Recordkeeping for Business Income and Deductions 61

Part 2 Business Income and Losses 75

4. Income or Loss from Business Operations 77

5. Capital Gains and Losses 112

6. Gains and Losses from Sales of Business Property 134

Part 3 Business Deductions and Credits 149

7. Employee Compensation: Salary, Wages, and Employee Benefits 151

8. Travel, Meals, and Gift Expenses 192

9. Car and Truck Expenses 218

10. Repairs, Maintenance, and Energy Improvements 245

11. Bad Debts 265

12. Rents 279

13. Taxes and Interest 290

14. First-Year Expensing, Depreciation, Amortization, and Depletion 307

15. Advertising Expenses 347

16. Retirement Plans 355

17. Casualty and Theft Losses 399

18. Home Office Deductions 415

19. Medical Coverage 435

20. Deductions and Tax Credits for Farmers 457

21. Qualified Business Income Deduction 470

22. Miscellaneous Business Deductions 479

23. Roundup of Tax Credits 521

Part 4 Tax Planning for Your Small Business 535

24. Income and Deduction Strategies 537

25. Tax Strategies for Opening or Closing a Business 554

26. Tax Strategies for a Sideline Business 569

27. Tax Strategies for Multiple Businesses 574

28. Alternative Minimum Tax 581

29. Other Taxes 587

30. Filing Tax Returns and Paying Taxes 610

31. Retirement and Succession Planning 624

32. Working with CPAs and Other Tax Professionals 632

33. Handling Audits with the IRS 637

Appendix A. Information Returns 642

Appendix B. Tax Penalties 652

Appendix C. Checklist of Tax-Related Corporate Resolutions 659

Appendix D. List of Dollar Limits and Amounts Adjusted for Inflation 662

Index 667

O autorze

BARBARA WELTMAN is an attorney and a nationally recognized expert in taxation for small businesses, as well as the author of many top-selling books on taxes and finance, including J.K. Lasser's 1001 Deductions & Tax Breaks. She is also the publisher of Idea of the ¯Day(r) and Big Ideas for Small Business(r), a contributor to SBA.gov, and quoted regularly in major publications (including the New York Times, the Wall Street Journal, and Money magazine). Visit her at www.BigIdeasForSmallBusiness.com.