Minding Her Own Business, 4E - ISBN:1572484551

Minding Her Own Business, 4E

Date: 28 April 2011, 15:52

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This easy-to-read and understand book is invaluable for women (and men) who are already in business or just starting to be self-employed, and who are trying to learn exactly what tax responsibilities they have.
Not just a tax-season book, but a year round guide, Minding Her Own Business provides complete tax and recordkeeping information for self-employed people and independent contractors. Readers will learn about the different business entities (sole-proprietor, LLC, corporation, partnership), what the tax differences are between being an employee and a self-employed person, which business expenses are deductible and what proof the IRS expects to see, how to reduce your chances of being audited, whether you need to make quarterly estimated tax payments (and how to calculate the amount to send), how to deduct a home office (or should you?), whether you can deduct your business vehicle (and what records you need), how to choose a tax preparer or a bookkeeper, what taxes self-employed people pay, which tax forms are filed by sole proprietors, whether it’s a good idea to prepare your own return using a tax preparation program, how to set up a simple record keeping system, and much much more.

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