Deduct It!: Lower Your Small Business Taxes and over one million other books are available for Amazon Kindle. Learn more
Buy Used
$4.00
FREE Shipping on orders over $35.
Condition: Used: Good
Comment: This book has already been loved by someone else. It MIGHT have some wear and tear on the edges, have some markings in it, or be an ex-library book. Over-all itâ?TMs still a good book at a great price! (if it is supposed to contain a CD or access code, that may be missing)
Add to Cart
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Deduct It!: Lower Your Small Business Taxes Paperback – November 23, 2010


See all 11 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle
"Please retry"
Paperback, November 23, 2010
$25.00 $0.01

Customers Who Bought This Item Also Bought

NO_CONTENT_IN_FEATURE

Kindle Business Book Daily Deal
Today only, James McQuivey's "Digital Disruption" is on sale for only $1.99. Shop now

Product Details

  • Series: Deduct It: Lower Your Small Business Taxes
  • Paperback: 560 pages
  • Publisher: NOLO; Seventh Edition edition (November 23, 2010)
  • Language: English
  • ISBN-10: 1413312764
  • ISBN-13: 978-1413312768
  • Product Dimensions: 1.2 x 6.9 x 8.9 inches
  • Shipping Weight: 1.8 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (92 customer reviews)
  • Amazon Best Sellers Rank: #1,003,133 in Books (See Top 100 in Books)

Editorial Reviews

Review

"Offers basic information and examples in plain English on how businesses are taxed and how to maximize deductions that the IRS considers legitimate." Reference & Research Book News 

--This text refers to an out of print or unavailable edition of this title.

Review

"Delves deeply into the complex thicket of available deductions, with real-life examples on deducting everything from start-up expenses to car and travel expenses and the costs of benefits." --This text refers to an out of print or unavailable edition of this title.

More About the Author

Stephen Fishman has dedicated his career as an attorney and author to writing useful, authoritative and recognized guides on taxes and business law for entrepreneurs, independent contractors, freelancers and other self-employed people, as well as books on copyright law and the public domain. He is the author of over 20 books and hundreds of articles, and has been quoted in The New York Times, Wall Street Journal, Chicago Tribune, and many other publications. He lives in Alameda, California with his wife.

His website is at www.fishmanlawandtaxfiles.com

Customer Reviews

4.7 out of 5 stars
5 star
69
4 star
19
3 star
3
2 star
1
1 star
0
See all 92 customer reviews
This book has the information I have been looking for.
another consumer
The book is written in a style that is easy read and very informative.
Maria Elena Cortinas
I highly recommend this book to any small business owner.
R2

Most Helpful Customer Reviews

68 of 72 people found the following review helpful By John Matlock on March 2, 2006
Format: Paperback
The income tax laws of the United States clearly allow you do deduct business expenses. But from this basic rule has come an incredibly complex set of subsidiary rules that further define what are legitimate deductions and what are not allowed.

The strength of this book is that it explains these rather complex (arcane even) IRS rules in plain common sense language that the average businessman can follow. And further it gives hints and tips that are based on what is known about how the IRS really operates - these are the real rules instead of the written rules. For instance -- Filing by mail reduces your chance of being audited. Why, because the IRS doesn't transcribe all of the information on the printed return to electronic form where it can be analyzed by computer. If you file electronically, everything you enter is available for the computer to analyze.

You'll never know if information like this kept you from being audited, but it's certainly information that you'd want to know. In this book there is a wealth of such information that can't help but be of use as you prepare your tax forms.
5 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
39 of 41 people found the following review helpful By W. Williams on September 25, 2007
Format: Paperback Verified Purchase
Great book. Just one comment. A lot of the text in this book is identical to the text in Tax Deductions for Professionals. You don't need both books; choose one.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
57 of 63 people found the following review helpful By Carmen Matthews on July 22, 2005
Format: Paperback
At first glance, I thought, "Okay. It's a textbook." Yet, as I read this book it became a walk through finding what I wanted - excellent tips on small business deductions.

Mr. Fishman has managed to convert tax law and accounting into an easy to follow source for anyone who has or plans to have a small business.

And there were many sections that surprized me.

One example was "The basic rule is that, no matter what month and day of the year you buy an asset, you treat it as being placed in service on July 1 -the midpoint of the year. This means that you get one-half year of depreciation for the first year that you own an asset."

Another great part in this book is that he identifies excellent details about the difference between deductions for the homebased small business deductions that are local travel (within your county), versus travel that is outside of your area.

Some of the well-placed, noteworthy websites in this this book are:

Kelly Blue Book [...]

Edmunds [...]

NADA Guides [...]

Tax websites:

[...]

[...]
3 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
10 of 10 people found the following review helpful By Josh Young on March 26, 2007
Format: Paperback Verified Purchase
If you are unsure if you are MAXIMIZING your tax deductions for your small bizness, I guarantee that if you read this book you'll find more ways to save your hard earned money!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
9 of 9 people found the following review helpful By C. Kay on October 5, 2007
Format: Paperback
I read this book after forming a C-Corp in California (using the Nolo guide). Although I am familiar with many biz deductions, this book walks you through many examples of deductions you can take if you plan ahead. I really like the "Day in the Life of..." examples of how you can maximize legal deductions pertaining to mileage. There's an excellent section on home office deductions. My husband, a self-admitted dummy when it comes to expense reports, taxes, etc., picked up the book after I was done, and even he understands the concepts. Already he has found deductions for his sole proprietorship and non-reimbursed employee biz expenses. Great value and so easy to understand. Highly recommend.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
20 of 24 people found the following review helpful By Chris on June 25, 2006
Format: Paperback
This book is absolutely terrific (as are most NOLO books). the author details what is deductable for the different forms of businesses, what records are required, how to record those records and specifics for all the major topics of deductable expenses. All in all if you walked in to see an accountant day one of starting out your business he should just hand you this book have you read and then answer any questions that you need further clarification on. This is a great reference if you are unsure how a specific deduction works and a very quick and easy read. This should be on every business owners shelf!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
8 of 8 people found the following review helpful By Jaewoo Kim VINE VOICE on January 27, 2008
Format: Paperback Verified Purchase
This book is a must small business owners because it can improve their bottom line. Although it provides fairly good overview of tax deudctions, it should not be used as a comprehensive reference for tax professionals.

The book is a relatively light read in a highly readable format. Each tax deduction has a good overview and a case example to boot. It isn't, however, an answer to complex tax questions which the book willingly acknowledges should be taken to a tax professional. For most business owners, this book should be sufficient for most of the tax deduction questions they may have. This book certainly answered all of mine.

The book provides valuable information on the probability of an IRS audit (don't form sole proprietorship if you want to avoid an audit) and how one can minimize one's chances of an audit.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
15 of 18 people found the following review helpful By Jose A. Vasquez on June 2, 2006
Format: Paperback
This book is amazing. It's hard to set it down. Well organized with clear explanations and examples. A must for new business owners. It will help you steer away from IRS audits. The capital expense section will show you how to deduct the cost of this book.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews

Search