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Make Your Life Tax Deductible: Easy Techniques to Reduce Your Taxes and Start Building Wealth Immediately, by David Meier
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More than 150 deductions small business owners can implement to lower taxes and boost profits immediately
If you are a small business owner, missing out on important deductions can mean receiving a tax bill that puts you deep into debt. In Make Your Life Tax Deductible, tax specialist David Meier presents quick and easy tips on understanding what deductions can be legally taken and implementing them in your tax strategies. He provides more than 150 deductions in several areas, from home, car, and travel to entertainment, equipment, and more.
- Sales Rank: #2141579 in Books
- Published on: 2006-01-10
- Original language: English
- Number of items: 1
- Dimensions: 9.10" h x .61" w x 7.30" l, .92 pounds
- Binding: Paperback
- 256 pages
From the Back Cover
Take advantage of every tax deduction-and keep more of your income!
Contrary to popular opinion, the IRS is a small-business owner's best friend-but the agency is an expert at hiding that fact in complex tax codes. The truth is, there's a good chance you've been missing out on some real money-saving opportunities. Tax specialist David Meier puts you on the path to greater profitability by stripping away the complex language in which tax laws are cloaked and communicating your tax rights in plain, easy-to-understand terms.
Make Your Life Tax Deductible provides:
- Hundreds of money-saving tax deductions in an accessible format
- A full range of categories, from travel expenses to retirement plans
- Expert advice on how to build your profits into a retirement plan
Have you been paying the IRS more than you have to?
- Structuring your business as a “sole proprietorship” (Chapter 1)
- Deducting the entire cost of your health insurance (Chapter 3)
- Detecting IRS mistakes made in the its favor (Chapter 15)
- Putting pre-tax money into an IRA (Chapter 17)
- Deducting property depreciation from your taxable income (Chapter 12)
- Offsetting taxable income with business losses (Chapter 4)
- Paying the lowest possible corporate income tax (Chapter 7)
- Using Guaranteed Payments to fund your retirement plan (Chapter 8)
- Deducting gas, repairs, and every other automobile expense (Chapter 11)
Discover these and hundreds of other write offs that can Make Your Life Tax Deductible!
About the Author
David W. Meier is the founder of the preeminent business tax consulting group The Small Business Advantage Company and regularly holds seminars for hundreds of small-business owners. he also serves as a tax columnist for Entrepreneur.com. Visit his Web site at www.thesmallbusinessadvantage.com.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Inspired me to start my own business
By LiveFromTexas2008
I found this book at Barnes and Noble but made the mistake of not buying it at the time. I was unable to find it again, in store or online at Amazon. Apparently a limited amount has been restocked; probably found in a warehouse somewhere. I'm so thankful I jumped on it this time.
I never did business school or accounting, but this book made it clear how to structure your business so that it makes the tax system work for you. Make some money, and keep more of it, with this book.
Some of the info might be a little out of date, not sure because I don't know the tax code. Nothing your accountant wouldn't be able to fix. I wouldn't use this as a tax Bible, anyway - I would just use it to get ideas to discuss with your accountant.
But anyway, reading through this easy-to-follow book made me think about business and taxes in a whole new way. I'm back to buy a copy for my brother.
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