Customer Reviews

Smart Tax Write-Offs: Hundreds of Tax Deduction Ideas for Home-Based Businesses, Independent Contractors, All Entrepreneurs

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I bought this book because of the catchy title. The book is 120 pages long with very trivial tax tips. On top of that, almost haft of the book is blank space. I bought this book with certificate. Now, I got stuck with "smart" book. Oh well, smart for the author, stupeeed of me.

This book (It's really more of a pamphlet) is all of 65 pages in length (Actually it's not even "all of" 65 pages -- There's a lot of conspicuous double spacing as well as a blank page in each chapter for "Notes"). The remaining 56 pages contain mostly silly checklists as well as the index. The information provided is basic and, in most cases, extremely obvious. If you're looking for some really interesting ideas, this is not the place to look. This is the type of information you will find in just about any mainstream magazine around tax time.

Authoritatively written by a Certified Public Accountant Norm Ray who draws from his more thirty-five years of professional experience, Smart Tax Write-Offs is now in an updated fourth edition and presents the reader with a straightforward collection of advantageous guidelines and suggestions which small business owners can utilize to save money. Thirty pages of this brief yet practical guide are devoted to an extensive checklist of common items that can be considered business supplies and deducted to save money. A highly recommended "must-read" for home-based businesses, independent contractors, freelance entrepreneurs, and small business owners, Smart Tax Write-Offs will prove to be one of the best financial investments any taxpayer can make in today's economically stressed times.

Concentrate on net not gross; what is important is how much you keep. Every business needs all the deductions it is entitled to. If you are self-employed or run a small business, searching for deductions is fun. And it is your money.

This 128-page book lists and explains over 700 deductions a business owner is legally entitled to. For coverage, click on Table of Contents in the left-hand column of this page.

When I was just starting out in the business world, working for someone else, I vowed to learn about deductions. Each year, I wrote down every cent I spent, including each penny in the parking meter. At the end of the year, I totaled my expenses and send the totals to a tax preparer. I was amazed at how much money I got back from the IRS. That taught me some lessons: Keep (accurate) records, use a tax preparer and get your money back.

Norm Ray is a CPA and an experienced home-based business owner. He has been in your trench and is well-equipped to advise you on financial matters.

As a (self-employed) author of 113 books (including revisions and foreign-language editions) and over 500 magazine articles and a consultant to the publishing industry, I recommend this book to writers, publishers, the self-employed and small business owners. DanPoynter@ParaPublishing.com.

From deductions for home-based businesses to independent contractors and equipment purchases, Smart Tax Write-Offs combines a checklist of possibilities with chapters outlining hundreds of tax deduction possibilities for entrepreneurs in this newly revised third edition for 1999 and 2000..