Small Business Taxes 2020

Introducing the EASY Practical Guide to Understanding Small Business Taxes AND Strategies to Legally Minimize Your Taxes! (You Could be Losing $1000's!) Do you want to FINALLY Understand How to Navigate the US Tax System? Do You Want to Streamline Your Taxes so You Can Spend More Time Growing Your Business? Do You Want Simple and Easy Ways to Reduce Your Tax Bill? We all know how annoying and frustrating doing our taxes can be, but a business that neglects its taxes is quite simply running on borrowed time... Even small errors and oversights can lead to harsh fines and audits, something you don't need on your bottom line. However, developing a solid strategy to keep you in the IRS's good books is much easier than you think, all you need is understanding and an easy to follow strategy, both of which you'll find inside. So, instead of stressing and sweating over your taxes, you can lay the groundwork& foundations now, and then spend your precious time doing what matters- Developing products/ Services your customers will love, growing your business and of course increasing them profits. So, it's time to let us help you boost your tax IQ, stay ahead of the curve (we include must know 2020 strategies and changes) and save yourself for what you are good at- creating an amazing business. Discover everything you need to understand about Small Business Taxes in the first part of the book, then simple, yet extremely effective, tips and strategies to (legally) minimize your tax bill in the second part. Here's a slither of what you'll discover... How Your Business Entity Type Effects Your Taxation (And What Business Type is Best for Your Business Regarding Taxes!) The Surprising Ways to Capitalize on The Humane Tendencies of The IRS The BEST Strategies for Managing Your Businesses Payroll Taxes Why Doing Your Taxes Properly Can Actually Add Real Business Value The Must Know Guide to Surviving an IRS Audit (This Could Save You $1000's) The No-Fuss Way to an Organized Record Keeping System That Will Save You Hours of Time During Tax Season 4 Astounding Strategies to STOP YOU Overpaying on Your Taxes All of The Updated Rules for The 2020 Tax Year (DON'T be Left Behind, The Tax Rules are ALWAYS Changing!) The Different Levels of Government Tax and Why Understanding Each One is Essential The Step by Step Guide to PERFECT Record Keeping And that is barely scratching the surface! Even if you have ZERO tax understanding right now, and even if you have no idea what the difference is between federal and state taxes, or the tax benefits of an LLC compared to a sole proprietor this book outlines exactly how you can understand EVERYTHING you need to know about taxes and how to reduce them as much as you can LEGALLY! So, if you want to save hours during tax season and potentially save $1000's on your tax bill then scroll up and click "Add to Cart."

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.

You earned it, now keep it! Maximize your profits by getting the most out of every tax deduction. No matter what kind of small business you have, you owe it to yourself to take advantage of every legitimate business deduction and personal tax planning advantage at tax time. In the newly updated fifth edition of Make Sure It’s Deductible, Evelyn Jacks, Canada’s bestselling and most trusted tax author and educator, delivers vital tax facts that will save you money—presented in a clear, friendly style that’s easy to read, understand and apply to your own business. Join the more than40,000 entrepreneurs who’ve turned to this tax-saving classic to learn about: What expenditures are fully deductible and which are restricted How to claim expenses under new auto and home office rules Hiring family members and splitting income to keep more of your money Building significant wealth with the capital gains deduction and savvy income re-investment strategies Planning for a secure lifestyle now and in retirement Make Sure It’s Deductible provides vital, practical information you need to increase your bottom line and run a tax-efficient and audit-proof small business. “Evelyn Jacks is well-deserving other reputation as Canada’s most trusted tax advisor. This book could save thousands of tax dollars for anyone who is self-employed, runs a small business, or is thinking of starting one.”—Gordon Pape, bestselling author and editor and publisher of The Internet Wealth Builder

Minimize your taxes and maximize your refund with this expert guide to your small business tax return Taxes remain one of the biggest headaches and costs for small businesses around the United States. J.K. Lasser's Small Business Taxes 2021 delivers an approachable but expert guide in legally limiting your tax liabilities while maximizing your deductions and credits. You'll be in great hands as Barbara Weltman – attorney, expert, and author – shows you what tax relief is available to you and how to claim it. You'll discover how to: Make tax-savvy business decisions Take advantage of COVID-19-related tax breaks Pick the right forms to claim available deductions and credits Use legal and effective tax strategies to minimize your taxes payable Use sample forms and checklists to get organized Keep the right records in case the IRS comes calling Whether you’re filing your small business’ taxes or you work with a tax professional, J.K. Lasser's Small Business Taxes 2021 will walk you through the tax process for 2020 returns and tax planning for 2021 to optimize your tax savings and minimize your audit exposure.

This annual publication provides details of taxes paid on wages in OECD countries. It covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by workers. Taxing Wages 2021 includes a special feature entitled: “Impact of COVID-19 on the Tax Wedge in OECD Countries”.

Maximize your bottom line with the nation's most trusted small business tax guide J.K. Lasser's Small Business Taxes 2020 is the small business owner's ultimate guide to a money-saving, stress-free tax season. Providing straightforward advice from the nation's most trusted tax expert on small business taxes, this book gives you the answers you need quickly, with clear, concise guidance. Updated to cover changes from the Tax Cuts and Jobs Act and other legislation, this edition also includes an e-supplement covering additional developments from Congress and the IRS to keep you fully up-to-date. A complete listing of all available business deductions and credits helps you identify those you qualify for, and includes critical information on dollar limits, recordkeeping requirements, and how to actually take the write-off—all the way down to the IRS form to use. Organizational and planning strategies help you get through the process quickly and with fewer headaches, and this year's changes to the tax laws are explained in terms of how they affect your filing. Keeping up with the intricacies of tax law and filing is a full-time job—but it's not your full-time job. You have a business to run. This book gives you the guidance you need in the time that you have so you can get taxes out of the way and get back to work. Learn which expenses qualify for deductions—and which ones don't Adopt a more organized recordkeeping system to streamline the filing process Explore small-business-specific strategies for starting or closing a business, running a sideline business, and operating in multiple businesses Decode the various forms and worksheets correctly with step-by-step guidance Audit-proof your return Review obligations for the “other taxes,” including payroll and excise taxes Every year, millions of small business owners overpay their taxes because they lack the time and expertise to make tax-sensitive business decisions throughout the year only to learn that it’s too late to act when it comes to tax time. Now you can put your money back where it belongs—in your business. J.K. Lasser's Small Business Taxes 2020 helps you take wise actions during the year and tells you how to file completely and accurately while maximizing your bottom line.

Lawyers can provide you with the legal information you need, but their fees are often prohibitive. This comprehensive guide will answer many of your questions, saving you both time and money - money that you can keep in your pocket.