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Wiley; 2004- edition (November 27, 2007)

Small Business Taxes 2008: Your Complete Guide to a Better Bottom Line/by Barbara Weltman (Author) .J.K. Lasser’s Small Business Taxes 2008 gives you a complete overview of small business tax planning in an accessible manner. Focusing on strategies that help you use deductions and tax credits effectively, shield business income, and maximize other aspects of small business taxes, this valuable guide will show you how your actions in business today can affect your bottom line from a tax perspective tomorrow.

The tax facts and strategies thatevery small business owner needs to know

Owning a small business is a big responsibility. While many small business owners seek to improve their bottom line, few realize all the ways that both current and new tax laws can help them do so. With J.K. Lasser's Small Business Taxes 2008, you'll quickly discover how.

Written in a straightforward and accessible style, this reliable resource—which includes a new chapter on multiple businesses—offers a complete overview of small business tax planning and provides you with the information needed to make tax-smart decisions throughout the year. Focusing on strategies that help you use deductions and tax credits effectively, shield business income, and maximize other aspects of small business taxes, this practical guide will show you how your actions in business today can affect your bottom line from a tax perspective tomorrow.

In this fully updated volume, you'll find:

*Detailed coverage of the newest tax laws and IRS rules

*Planning strategies that can help you run a tax-smart business all year long

*Comprehensive information on each deductible expense, including dollar limits and record-keeping requirements

*Clear instructions on where to report income and claim deductions on your tax forms

*Help with state taxes and a guide to information returns you may need to file

*Sample forms and checklists to help you prepare for tax time

*Access to an online supplement to this book, which contains up-to-the-minute tax changes

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