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Book

Home business tax deductions : keep what you earn

Call Number

  • 343.0523 F5378.1 2025 (CEN)

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Edition

21st edition.

Publication Information

El Segundo, CA : Nolo, 2025.

Physical Description

418 pages : illustrations ; 23 cm

Summary

"For any home business, claiming all the tax deductions you are entitled to is essential to your business's financial success. Don't miss out on the many valuable deductions you can claim. Here, you'll find out how to deduct: start-up costs, home office expenses, vehicles, meals, and travel expenses, medical expenses, and retirement expenses. Easy to read and full of real-life examples, this book can help you take advantage of all the valuable deductions you are entitled to"--

Notes

Includes index.

Contents

  • Some tax basics
  • Is your home business really a business?
  • Getting your business up and running
  • Home business operating expenses
  • Deducting long-term assets
  • The home office deduction
  • The pass-through tax deduction
  • Getting around town : car and local travel expenses
  • Leaving town : business travel
  • Inventory
  • Hiring help : employees and independent contractors
  • What if you get sick? : deducting medical expenses
  • Deductions that can help you retire
  • More home business deductions
  • Using cryptocurrency in your business
  • Record keeping and accounting
  • Businesses owned by spouses
  • Nine tips for avoiding an IRS audit.

Subjects