Product Description

The essential tax-strategy book for entrepreneurs who call themselves "boss."

Named a "Best Tax Book" by Entrepreneur magazine

Develop the best tax plan for your small business, learn the ins and outs of the tax code and create comprehensive strategies to get back the most from the IRS. Understanding the tax system is vital to the health of every small business. Virtually every decision a business makes has tax consequences that can affect its bottom line -- and the IRS is always watching.

provides essential information that will free up your time and money for what counts -- running your business effectively. It explains how to:

deduct current and capitalized expenses

write off up to $108,000 of long-term assets each year

compare different business structures

take advantage of fringe benefits

keep records that will head off trouble with the IRS

get tax breaks from business losses

deal with payroll taxes

negotiate payment plans for late taxes

handle an audit

get IRS penalties and interest reduced

maximize retirement funds

use retirement funds as a tax break

The 13th edition of is completely updated and provides the latest tax breaks, rules, forms and publications. You'll also find a list of the top 25 business deductions - the best deductions to take and how to claim them, trouble-free.