Download or read book Not Just a Tax Preparer But a BUSINESS OWNER written by Shaqwana Woodard and published by . This book was released on 2021-08-19 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Future and present business owners and tax preparers can benefit from Not Just A Tax Preparer but a "BUSINESS OWNER". That means everyone. Yes you! We are leaving jobs. The Author gives readers the sauce of the pros and cons of becoming a business owner, how to start a business, how to create a business plan, how to build business credit, how to obtain professional contact information through my personal business journey as a tax preparation business owner. As a bonus, the reader can learn how to become a tax firm owner. The guide lists the correct documents/ forms and licenses that are needed to operate a tax firm. It's time to boss up! You can't pass a job down to your kids or loved ones. Start that business. It's your winning season.
Download or read book Guide to Start and Grow Your Successful Tax Business written by Terry McCabe Judge and published by . This book was released on 2017-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Book Description: Guide to Start and Grow Your Successful Tax BusinessThe mission of this book is to provide valuable information and guidance to help the reader start, operate and grow a successful income tax preparation business. While managing hundreds of tax offices throughout the past four decades, author Chuck McCabe, has mentored numerous people who aspired to become independent tax business owners and empowered them to achieve success in this rewarding profession. The book includes the following chapters1.Learning Tax Preparation & Obtaining Credentials2.Developing a Business Plan3.Risk Management4.Getting Started as a Tax Business Owner5.Establishing Your Tax Office6.Tax Office Operating Systems7.Buying a Tax Practice8.Marketing Planning9.Pricing Your Services10.Mass Media Advertising 11.Digital Marketing12.Your Website13.Social Media Marketing14.Neighborhood Marketing15.Client Retention Strategies16.Recruiting & Training Tax Preparers17.Employee Pre-work Training18.Motivating & Retaining Employees19.Continuing Education (CE)20.Diversification for Year-round Revenue21.IRS Circular 230, Due Diligence22.Peer Support & Tax Professional Associations23.Helping Your Client Deal with the IRSAccounting Today has recognized the author for multiple years in their ¿Top 100 Most Influential People in Accounting.¿ Their foundation for this recognition is: ¿As a veteran in the tax preparation industry, McCabe had the vision to offer support to other tax business owners who opt to remain independent by providing them with tax education and business skills so they can be successful on their own.¿ In addition, to facilitate peer support, in 2009, Chuck founded the LinkedIn group, Tax Business Owners of America, that now has nearly 9,000 membersChuck McCabe and his team at The Income Tax School (ITS) are committed to serve and support independent tax business owners. The ITS website www.TheIncomeTaxSchool.com, provides valuable resources, many at no charge, to support tax business entrepreneurs. This book will enable small business entrepreneurs to adopt proven best practices comparable to those used by the national tax firms. - Their goal is to ensure the success of independent tax business owners.
Download or read book From Tax Preparer to Business Owner written by Lashaun Adesimilolu and published by . This book was released on 2019-12-05 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you tired of your job? Do you want to make more money? Would you love to spend more time doing what you want to instead of what you have to?If you are ready to create an additional stream of income to fall back on then this is the book for you!From Tax Preparer to Business Owner is the BEST book available for starting a tax business. Based on detailed case-studies, personal success strategies, and a lot of research, Shola Adesimilolu provides a step-by-step guide anyone can use to create and launch a profitable tax service. It doesn't matter if you just want to make a little money on the side, or create a legacy that will survive generations from now, owning a tax service gives you options. I GUARANTEE after reading this book you will leave with everything you need to start your own successful tax preparation business or get a full refund
Download or read book Self employment Tax written by and published by . This book was released on 1988 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business Taxes For Dummies written by Eric Tyson and published by John Wiley & Sons. This book was released on 2019-02-12 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small business taxes taxing you out? For most business owners, their single biggest “expense” (and headache) is dealing with their taxes. And while the just passed Congressional tax bill reduced taxes for many of the estimated 30 million small business owners in the U.S., the nation’s taxes continue to be complex. Not being up-to-speed on tax rules and strategies can lead to mistakes that cost business owners thousands of dollars in fines and penalties every year. Small Business Taxes For Dummies assists both current and aspiring small business owners with important tax planning issues, including complete coverage of the tax changes taking effect in 2018, creating an ongoing tax routine, dealing with the IRS, and navigating audits and notices. Includes issues influencing incorporated small businesses, partnerships, and LLCs Offers expanded coverage of other business taxes including payroll and sales taxes Provides websites and other online tax resources Gives guidance to millennials juggling multiple gigs If you’re a current or aspiring small business owner looking for the most up-to-date tax planning issues, this book keeps you covered.
Download or read book The Home Based Business Guide to Write Off Almost Anything You ll Keep More Money Once You Know These Tax Secrets written by Doug Collins and published by Doug Collins. This book was released on 2020-08-06 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's A Shame To Pay More Income Tax Than Necessary! The truth is, having a home-based business is one of the least understood tax loopholes to creating wealth. With this book you'll learn... ✓ How the government looks at your home business from a tax perspective ✓ Why you are overpaying on taxes massively and what do to about it ✓ The key expense triggers that are most likely the cause of an audit ✓ How to claim tax write-offs even if you are not generating a positive income ✓ How a part-time side hustle can lower your taxes ✓ Save thousands each year in income tax simply by claiming what you are already missing It is not the responsibility of the government to point out what you are missing for legitimate business deductions; and most tax preparers do not proactively advise their clients on tax write-offs. This is why Doug wrote this book for the home-based business community. Inside, you'll also discover how to: Legally write-off thousands of dollars you never knew you could Avoid easy-to-correct mistakes that drain your savings account Turn tax season from annoyance and frustration into profit Eliminate the chance of being audited Understand why your tax preparer is giving you bad advice And so much more! It's time you will learn everything you need to claim all of your home-based business tax deductions and lower you taxes. You are about to discover why readers are calling this "The Most Informative Book Ever Written on Taxes for the Home-Based Business!" This comprehensive book is easy to follow and will teach exactly what you need to know about work from home tax deductions! Are you ready to lower your taxes big time and change your tax paying future forever? Get it now!
Download or read book Business Taxes Top Do s and Don ts written by Michael Galesso and published by First Rank Publishing. This book was released on 2017-02-22 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax Season Dos and Don’ts for Businesses Most business owners consider tax season to be one of the most stressful and “taxing” period. This is generally due to the fact that business owners tend to wait until the wee hours to file rather that prepare throughout the year for tax season. These do’s and don’ts for tax season will assist in reducing your stress while saving time and money. Do: Know deadlines and changes It is imperative to be knowledgeable of filing deadlines and whether or not there have been any changes. Small business owners who fail to meet the deadlines will be required to request an extra time from the IRS and pay over estimated taxes if they anticipate any outstanding. Monies that are owed to the IRS are still due on tax day irrespective of an extension being granted.
Download or read book Stop Overpaying Your Taxes written by Gardner and published by . This book was released on 2015-02-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Most entrepreneurs overpay their taxes simply because they don't know all the various deductions that are available. How much do you know about your taxes? Are you confident you are getting every available tax break? Is your tax advisor giving you proactive advice to save you tax? This is an easy-to-read book that will guide you through the maze of self-employed tax deductions.
Download or read book How to Slash Your Taxes Legally and Ethically written by Jared R Rogers CPA and published by Createspace Independent Publishing Platform. This book was released on 2018-01-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Filled with 111 topics to help you reduce your tax liability, this book is a must read for anyone who is serious about keeping more of their money out of the pockets of Uncle Sam! "The hardest thing in the world to understand is income taxes." Albert Einstein Many will agree that Albert Einstein probably had it right; income taxes are complicated stuff. No matter how long you've been preparing them or how our government tries to simplify them, they never really seem to become easier for you to prepare. While some will try to reduce their taxes by taking unscrupulous, unethical and even illegal steps, it should be noted that such actions are unnecessary. There are hundreds of ways that you can achieve tax savings while doing so both legally and ethically. This is largely due to the complexity of the Internal Revenue Code and all of the loopholes that have been inserted into it over the years. This book will highlight some of the ways that you can capitalize on this fact, and in turn slash your tax liability. So no matter if you are a parent, homeowner, investor, landlord, retiree or business owner, this book has something for everyone!
Download or read book Minding Her Own Business written by Jan Zobel and published by Easthill Press. This book was released on 1998 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: EastHill Press was established in 1996 with the goal of providing necessary information to owners of small businesses. A substantial increase in the number of new small businesses has resulted in an abundance of books on related topics. EastHill's goal is to produce books on subjects that are not being adequately covered by other books and to design those books in such a way that they can be easily read and used by the audience for whom they're intended. Minding Her Own Business: The Self-Employed Woman's Guide to Taxes and Recordkeeping is EastHill's first title.A long-time tax and business consultant takes the numb out of numbers and gives women entrepreneurs all the information and forms they need to save money and stay out of trouble with the IRS.According to the National Foundation of Women Business Owners, there are nearly 8 million woman-owned businesses.Women are starting businesses at twice the rate men are, according to the U.S. Small Business Administration, and it is estimated that by the year 2000, women will own half of a small businesses.This guide, written especially for new business owners and the recently self-employed, takes a detailed look at starting a new business and keeping accurate records, explaining each step in simple language even the most number-phobic can understand.Readers will also find plentiful tax forms, examples, and answers to commonly asked questions. New to this edition are complete information on 1997 tax law changes and an expanded resource section featuring lots of new web sites.Down-to-earth, comprehensive guide...presented in a clear, inviting format....Indispensable for the new small business owner. -- FeministBookstore News
Download or read book The Tax Bible written by Ken Koenen and published by Createspace Independent Publishing Platform. This book was released on 2016-12-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most small business owners and self employed individuals are more concerned about the day to day issues of running your business rather than digging through thousands of pages of IRS publications to learn what deductions they might be entitled to on their tax returns. They also do not have the funds to hire a staff of tax attorneys to guide them through the maze known as the Internal Revenue Code. This book will be their staff of tax attorneys to guide them, and to provide them with legitimate deductions that they are entitled to take, but have not been doing so. More importantly, this book will give them methods of record keeping shortcuts designed to take less of their time, yet meet all IRS requirements. There is a lot of talk about a flat tax, and perhaps that would be a good thing. The chances of that happening anytime soon is remote, because politicians love to use (or abuse) the tax code to encourage investment, employment and other pet projects for their states. With the change of administration in the White House a few days away at the completion of this book, there will undoubtedly be many changes to the U.S. Tax Code over the coming months. They buyers of this book will be provided a six (6) month membership to taxsaver.co, (LAUNCHING IN jANUARY, 2017) where the author will be providing updates and changes to the Tax Code for its members. This book is designed to provide the reader with a quick reference not only to different deductions available to them, but also reference to the tax code and other authorities that they can use to provide to their tax preparer at tax time to support their deductions. The book covers everything that a small business owner needs to know, from a brief explanation of the tax system, start up deductions and operating expenses. It covers long term asset deductions and how to handle inventory. It amplifies information on the home office deduction, car and truck use in business, how to combine personal and business travel to make both deductible, as well as getting the most out of their ability to deduct meals and entertainment. It also touches on the many miscellaneous deductions that are available. Finally, it explains how to amend previously filed tax returns when the reader learns how much money they have left on the table in those previous returns. We also discuss strategies to avoid audits and how to handle an audit if one comes up. This book will help the reader to fit their business and circumstances to the available deductions, and start saving thousands of dollars in taxes each year which they could be used by you to grow your business. As long as the Tax Code is allowing all of these deductions and perks, why shouldn't the small business owner take advantage of them? They should keep that money to build their own business. And with our record keeping guidance and shortcuts, the owner can make their tax return virtually AUDIT PROOF.
Download or read book Small Business Taxes For Dummies written by Eric Tyson and published by John Wiley & Sons. This book was released on 2013-01-11 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you a small business owner taxed by taxes? Not being up-to-speed on tax rules and strategies can lead to mistakes that cost business owners thousands of dollars in fines and penalties every year. Small Business Taxes For Dummies assists both current and aspiring small business owners with important tax planning issues. For the estimated 21 million small business owners in the U.S., the nation's tax codes continue to change and increase in complexity. Small Business Taxes For Dummies arms you for important tax planning issues, including: year-round tax planning tips and expense tracking advice; small business decisions and expense basics; business use of your home and self-employment taxes; creating an ongoing tax routine; dealing with the IRS and where to find help; navigating audits and notices; and more. Guides you through the current tax laws and ensures that you understand your rights and obligations Helps small business owners save time and money Empowers you to understand and prepare your own tax documents The expert tips and advice presented in Small Business Taxes For Dummies are for the millions of small business owners like you searching for a guide to the latest tax codes and regulations.
Download or read book Tax Strategies for the One Person Business written by Christopher J Inglese Cpa and published by . This book was released on 2020-02-20 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you think that your present tax accountant (if you have one) is providing you with all of the tax planning advice you need, then you should think again. The typical tax preparer, even the average CPA, lacks the graduate tax education and/or professional experience needed to advise you of all the tax-saving strategies available to the one-person business. Most tax preparers unfortunately spend their time just recording the past and filling out tax forms. Therefore, you are the person ultimately responsible for reducing your own tax burden. Here are just a few examples of how TAX STRATEGIES FOR THE ONE-PERSON BUSINESS (2020 / 2021) might help you save hundreds, if not thousands, of tax dollars each year: * Determine whether your business should incorporate, or if your LLC should make an election to be taxed as a regular C corporation or an S corporation * Save self-employment tax (Social Security tax and Medicare tax), as well as Obamacare tax, by paying yourself a low but "reasonable" salary from your S Corporation * Contribute up to 100% of your earnings, and/or your employee-spouse's earnings, to a one-person 401k plan * Avoid making "quarterly" estimated tax payments, and incurring penalties, by having the "safe harbor" amount of taxes withheld from your yearly salary * Consider a Section 444 fiscal year election to possibly defer taxes and improve personal tax planning.
Download or read book Minding Her Own Business written by Jan Zobel and published by . This book was released on 1999-07-19 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you have years of experience as an entrepreneur or have just begun to consider self-employment, this down-to-earth and comprehensive guide is the one-stop source for answers to all your most pressing questions including: -- What kind of records does the IRS expect me to have? -- What expenses are deductible? -- Which tax forms do self-employed people use? -- What should I do if I don't have enough money to pay my taxes? -- What are my chances of being audited? -- And many more!
Download or read book The Small Business Owner s Tax Guide written by Katryna Johnson and published by Createspace Independent Pub. This book was released on 2012-08-14 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxes, taxes, taxes. They are a fact of life, especially a business life. Many small business owners overpay taxes each and every year because they are not educated on all of the possible allowable tax deductions they can take. They don't plan their expenses properly to maximize their deductibility. No one should overpay taxes -- ever. The tax laws are meant to be followed, just like any other law, so if you are allowed to take a deduction, doesn't it make sense that you would take it?The wealthy pay a lot less in taxes than you do because they know the rules. And the biggest rule of all is:you need to own a business and then take full advantage of the tax savings allowed. Why don't you? Because you haven't learned the rules. That ends today. Here's a book, written in easy-to-understand English (not IRS double-speak) that explains many of the rules and gives you tips and suggestions on how you, too, can deduct, deduct, deduct.Do you work out of your home? Are you clear on how to qualify for the home office deduction? Are you deducting a proportion of every expense that could be allocated to your business? The IRS reports that there over 300 expense categories for a home office, but most businesses take less than 20 deductions.The IRS says all “ordinary and necessary” expenses you incur in operating your business are tax deductions. Interestingly enough, the IRS has never actually defined “ordinary” or “necessary.” So sometimes only the actual business owner can know if the expense is ordinary and necessary. Proper record-keeping and having the right tax-saving mindset can help you maximize the value of your tax deductions, tax credits, and tax deferral strategies, dramatically increasing your savings.It's your money. Learn how to keep more of it in your pocket. (Oh, and the cost of this book … it's deductible!)
Download or read book The Pocket Small Business Owner s Guide to Taxes written by Brian Germer and published by Simon and Schuster. This book was released on 2012-11-13 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: When does nontaxable business income become taxable? How do you calculate the cost of goods sold? What can be deducted? What is a fixed asset? This no-nonsense guide answers these common questions and more, empowering small business owners to understand how and why they are taxed and maximize their deductions. You’ll learn when depreciation begins, how to classify payments to employees, how to track inventory and sales, and strategies for successful accounting. Coverage also includes: Tax benefits for employers Business classifications S corporation tax issues Deductible expenses Retirement plans Shareholder loans Family employee payroll And more Taxes can be intimidating and confusing, especially for a small business owner who may have only handled individual taxes in the past. Understanding the tax system is essential for all small business owners, whether they are filing on their own or with the help of an accountant. When it comes to running your finances, knowledge is power, and The Pocket Small Business Owner's Guide to Taxes puts the power in your hands!
Download or read book The Small Business Owner s Manual written by Joe Kennedy and published by Red Wheel/Weiser. This book was released on 2005-06-15 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Owner's Manual provides fast, practical, and direct advice and that's what you get with this book! The Small Business Owner's Manual is useful for newly minted entrepreneurs as well as seasoned business owners and can be read from cover-to-cover or to quickly look up information in the midst of a crisis. For example: Choose among 13 ways to get new financing and the 17 steps to building a winning loan package. Weigh the pros and cons among 8 legal structures, from corporations to LLCs. Write winning ads and analyze 16 advertising and marketing alternatives including the latest in Search Engine Marketing and Search Engine Optimization. Develop a powerful business plan in half the time. Learn to sell products and services by considering 10 possible sales and distribution channels. Discover the latest trends to quickly and inexpensively set up a website and e-store. Get taxes paid on time, collect from deadbeats, protect the business from litigation, and get legal agreements with teeth by effectively finding and partnering with CPAs and attorneys. Get a quick overview of the 14 top forms of business insurance including workers comp and medical. Looking to lease? Exploit a comprehensive review of the top 18 critical factors used to evaluate locations and 24 of the most important clauses in lease agreements. Understand the legal side of hiring, firing, and managing employees and contractors. Minimize taxes by learning the ins-and-outs of business income taxes, the top 5 payroll taxes, sales and use taxes, common tax dodges, and the latest loopholes for business owners. Filing schedules, form names, form numbers, and download links are also included. Credit cards are critical these days, so learn how the system really works and minimize chargebacks, disputes and headaches. Includes 35 important definitions and 12 ways to minimize fraud and lots more too! Joe Kennedy has more than twenty years of experience in operating and working with hundreds of small businesses, a degree in finance and an MBA. He knows how entrepreneurs think and their drive to get to the essence of an issue, make the right decision, and quickly move on. Impatient business owners will prefer this book since only the most relevant information is provided. A few bigger books are out there but this one is not puffed out with clutter and other information you already knew. With years of experience in the IT industry, Joe knows a lot about the Internet too so the content here is better than web-based searches. The Small Business Owner's Manual is great for those starting a business, operators of existing enterprises, or as a gift.
