Description
Translates tax law for small businesses into plain English, using real-life examples and a reader-fr...
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Translates tax law for small businesses into plain English, using real-life examples and a reader-friendly layout. Emphasis is on how to protect assets from the IRS, what kinds of things are most likely to be audited, and what one can get away with! Parts I and II cover basics such as tax-deductible expenses and recordkeeping and explain different forms of a business such as sole proprietorships and partnerships. Parts III and IV look at very small businesses and explain fringe benefits. Part V covers buying and selling a business, and Part VI offers advice on dealing with the IRS in situations such as audits and penalties. Includes a glossary, forms, and a forms checklist. Annotation c. by Book News, Inc., Portland, Or.
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