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Tax Power for the Self-Employed PDF

276 Pages·2006·0.685 MB·English
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by James Parker| 2006| 276 pages| 0.685| English

About Tax Power for the Self-Employed

Tax Power for the Self-Employed addresses the specific and particular tax laws and regulations facing a self-employed individual. Unlike other small businesses, it focuses on the individual who either runs a single-person small business (or one with an otherwise limited number of employees) or the person who does something to make extra money that he or she may consider a hobby or side job, but from which the IRS expects tax to be paid.& & Discussions of specific concern to the self-employed person include Schedule C deductions, with particular emphasis on changes in Sec. 179 deductions that target self-employed individuals for increased capital investments. Additional attention is placed on strategies for taking deductions to lower income subject to the self-employed tax, a totally separate tax from income tax. An entire chapter is devoted to the self-employment tax and Schedule SE.& & With the latest IRS rules, regulations and decisions, as well as tax-planning strategies, any self-employed individual can feel confident that they are meeting all of their tax requirements while maximizing their tax savings.&

Detailed Information

Author:James Parker
Publication Year:2006
ISBN:9781572487710
Pages:276
Language:English
File Size:0.685
Format:PDF
Price:FREE
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