Save Time, Anxiety, Stress-and Money!
Whether you call yourself a sole proprietor, freelancer, subcontractor, or free agent, if you're self-employed or planning to start your own business, you need this book. With straightforward language, concrete examples, and easy-to-use worksheets, author and accountant June Walker tackles the most vexing problems facing the self-employed: inadequate recordkeeping and tax ignorance. Her Most Simple System has been designed for you, the indie. It is simple, quick, and audit proof-a recordkeeping method that works, and a guide through the tax maze that ends with more money in your pocket, and less money going to the government.
Armed with the author's unique copyrighted worksheets, you'll capture every single business deduction, keep concise records so that accounting and tax preparer fees are reduced, and-best of all-do it quickly and easily.
Self-employed Tax Solutions is written for bright, intelligent people who don't understand the tax implications of their solo ventures. This indispensable book will help you survive and succeed in a business environment where the tax laws and regulations are structured not for indies but for corporations and employees.
You'll learn . . .
- how to prove to the IRS that your endeavor is a business, not a hobby
- how start-up costs differ from other deductions
- how to deduct travel expenses
- when a gift to Mom can be a legitimate business deduction
- how to make estimated tax payments
- the advantages of sole proprietorship
- why you should not incorporate
- hundreds of vital details about taxes, finances, and recordkeeping
