Book Description
Written in plain English, Minding Her Own Business provides the crucial tools you need to understand your business’ finances and prepare yourself for April 15th. It gives the self-employed woman exactly what she needs to understand her taxes and establish a good recordkeeping system. Use it to maximize your deductions and make yourself more audit-proof.
Money Makers
Saving money is making money-learn how to maximize deductions, spot financial sinkholes and get credit where credit is due.
Records Check
Make sure you are keeping the right records
the right way-every time.
Alerts
Stay out of trouble by establishing a foolproof system that will prevent future headaches and minimize the risk of audit.
Filing Tips
See exactly what you need to keep the bank, the IRS and any workers satisfied and on your side.
Expert Advice
Let a licensed tax professional teach you the secrets she has already shared with tens of thousands of others.
From the Author
I wrote this book after preparing tax returns for nearly 20 years (over 6,000 returns!). Minding Her Own Business contains all the information that is presented in the tax seminars I've been teaching around the country for 17 years. You'll learn:
- what licenses and permits you'll need to start your business - how to keep a simple set of records - what the IRS would expect to see in an audit - how to lessen your chances of being audited - what it means to work as an independent contractor - which expenses are deductible and what proof you need to have - what tax forms are used by self-employed people (samples included) - who needs to make quarterly estimated tax payments - how to calculate how much to send quarterly - what to do if you don't have enough money to pay your taxes - how to select a bookkeeper or tax preparer - how long you need to keep records - how new tax laws will affect you - and MUCH, MUCH more!! Written in everyday, non-accountant language with lots of real-life examples.
--This text refers to an out of print or unavailable edition of this title.