Tax power for the self-employed

Description:

Tax Power for the Self-Employed addresses the specific and particular tax laws and regulations facing a self-employed individual. Unlike other small businesses, it focuses on the individual who either runs a single-person small business (or one with an otherwise limited number of employees) or the person who does something to make extra money that he or she may consider a hobby or side job, but from which the IRS expects tax to be paid.Discussions of specific concern to the self-employed person include Schedule C deductions, with particular emphasis on changes in Sec. 179 deductions that target self-employed individuals for increased capital investments. Additional attention is placed on strategies for taking deductions to lower income subject to the self-employed tax, a totally separate tax from income tax. An entire chapter is devoted to the self-employment tax and Schedule SE.With the latest IRS rules, regulations and decisions, as well as tax-planning strategies, any self-employed individual can feel confident that they are meeting all of their tax requirements while maximizing their tax savings.

subjects: Income tax,  Business,  Self-employed,  Taxation,  Law and legislation,  Pensions,  Nonfiction,  Income tax deductions for retirement contributions,  Popular works,  Personal Finance - Taxation,  Self-Employment,  Business & Economics,  Business / Economics / Finance,  Personal Finance,  Taxation - General,  Business & Economics / Personal Finance / Taxation,  Consumer Finance,  Home-based Businesses,  United States,  Income tax, law and legislation, united states

Places: United States