Doing Business Tax-Free: Perfectly Legal Techniques to Reduce or Eliminate Your Federal Business Taxes (Wiley Small Business Edition) [Paperback]

Robert A. Cooke (Author)

Book Description

ISBN-10: 0471034169 | ISBN-13: 978-0471034162 | Publication Date: January 1995 | Edition: 1

The expert advice contained in this book could help you to avoid paying income taxes for three full years or more!

This amazing book offers you dozens of proven techniques for taking advantage of IRS and state tax regulations to minimize, or totally eliminate, your tax bill. Not a laundry list of technical terms and concepts you'd need a tax lawyer to decipher, this idea-filled guide is written in plain, everyday English and packed with dozens of helpful real-life examples. And its unique quick-reference format routes you directly to the tax strategies that are right for you and your business. So, read this book and find out how to:

• Organize your business for the smallest tax bite
• Employ a wide range of tax-saving techniques, including amortizing, capitalizing, depreciation of assets, and more
• Use smart bookkeeping techniques that can save you a bundle
• Turn personal expenses into tax deductions
• Take money out of your business without incurring more taxes
• Use tax credits to get the government to pay your tax bill
• Find good professional help
• Plan your own tax strategies and keep professional fees to a bare minimum

If you're self-employed and tired of watching your hard-earned money being thrown away on free congressional haircuts, read this book and find out how to keep it where it belongs.

Editorial Reviews

From the Back Cover

The expert advice contained in this book could help you to avoid paying income taxes for three full years or more!

This amazing book offers you dozens of proven techniques for taking advantage of IRS and state tax regulations to minimize, or totally eliminate, your tax bill. Not a laundry list of technical terms and concepts you'd need a tax lawyer to decipher, this idea-filled guide is written in plain, everyday English and packed with dozens of helpful real-life examples. And its unique quick-reference format routes you directly to the tax strategies that are right for you and your business. So, read this book and find out how to: Organize your business for the smallest tax bite Employ a wide range of tax-saving techniques, including amortizing, capitalizing, depreciation of assets, and more Use smart bookkeeping techniques that can save you a bundle Turn personal expenses into tax deductions Take money out of your business without incurring more taxes Use tax credits to get the government to pay your tax bill Find good professional help Plan your own tax strategies and keep professional fees to a bare minimum

If you're self-employed and tired of watching your hard-earned money being thrown away on free congressional haircuts, read this book and find out how to keep it where it belongs.

About the Author

ROBERT A. COOKE, CPA, has had twenty years of experience in public accounting. Prior to becoming a CPA, he was the owner and co-owner of three successful small businesses. He has taught numerous seminars on finance and accounting for Pryor Resources, Inc., and is the author of a successful book on financial management.

Product Details

• Paperback: 256 pages
• Publisher: Wiley; 1 edition (January 1995)
• Language: English
• ISBN-10: 0471034169
• ISBN-13: 978-0471034162
• Product Dimensions: 8.9 x 5.9 x 0.8 inches
• Shipping Weight: 12 ounces
• Average Customer Review: 4.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #1,839,632 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

17 of 17 people found the following review helpful:

5.0 out of 5 stars An understandable book on reducing business taxes, June 28, 2000

By 

Jeff Smith (St. Augustine, Florida) - See all my reviews

This review is from: Doing Business Tax-Free: Perfectly Legal Techniques to Reduce or Eliminate Your Federal Business Taxes (Wiley Small Business Edition) (Paperback)

Full of good ideas conveyed with a clear writing style, this book gives readers lots of good, concrete examples of how different businesses can reduce their tax burden. I was looking to create a new company and wanted to figure out which type of company was right for me (partnership, LLC, Chapter S, or C Corp). By following the examples in the book, I was able to zero in on the right organization for my consulting business. I have no doubt that when it is all said and done, I will have saved thousands of dollars by reading this excellent book.

8 of 9 people found the following review helpful:

3.0 out of 5 stars Where are the S-Corps?, January 20, 2001

By 

Jeffrey C. OBrien (Minneapolis, MN United States) - See all my reviews

This review is from: Doing Business Tax-Free: Perfectly Legal Techniques to Reduce or Eliminate Your Federal Business Taxes (Wiley Small Business Edition) (Paperback)

I found this book a bit loose, and am looking for a more thorough description of financial management practices unique to an S-Corp. I have been looking for a definitive description of S-Corp accounting practices and concrete tax saving advice. My S-Corp. started last April, from a 3-month old sole proprietorship with all the requisite Federal and State designations. If anyone knows of a book particular to S-Corps, it would be much appreciated. In conclusion, I have found this book helpful, yet not as specific or thorough as I had hoped.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Great book for a beginner, March 16, 2003

By A Customer

This review is from: Doing Business Tax-Free: Perfectly Legal Techniques to Reduce or Eliminate Your Federal Business Taxes, 2nd Edition (Paperback)

I own a company and needed to learn about the basics of tax reduction. I found this book to be useful in just the basics. Because it concentrated on many topics, I believe it wasn't able to focus on many items that would have been useful to me. However, it was well written and easy to read, and I give it five stars because it gave me many broad questions to ask my tax consultant.