A quick Google search on missed tax deductions will bring up articles listing anywhere from seven to as many as 50 commonly missed tax deductions.
As a small business owner, you can educate yourself in addition to consulting a tax professional to help ensure that your bookkeeping and tax preparation is well-suited to ensure that you claim all the deductions your organization is entitled to. Below you will find six of the top tax and bookkeeping books for small business owners.
Authored by a C. Certified Public Accountant , this book is written for the small business owner or self-employed professional.
The author covers a wide range of topics including best practices for bookkeeping and taxes, financing, finding a good business location, pros and cons of various business models and more written in clear, easy-to-understand language.
This could be an ideal book for someone who is preparing to open their own business or whose business is still in its early phases since it provides guidance that can help with many of the decisions that new business owners face.
15 Business Books Everyone Should Read
Small business owners represent a variety of business models. This book is an excellent guide for sole proprietors, independent contractors and startup LLC business owners that want to gain a broad understanding of how the tax code applies to their organization.
Some of the topics covered include:. It also has the advantage of being concise and brief, delivering a lot of useful information to small business owners very quickly. Another book that is free to Amazon Kindle Unlimited members and written so that the information contained in it can be quickly absorbed, this book acts as an introductory primer on tax topics as they apply to business; such as:.
For small business owners that want to gain a deep understanding of small business taxes, this guide authored by Attorney Barbara Weltman nationally recognized as an expert in small business taxation offers a comprehensive look at small business taxes that is up to date with information. In it you will find information about how to choose the right legal entity for your business as well as under-utilized tax and legal strategies that can generate substantial savings.
It also covers common legal scams and deceptions and provides information about how to protect small business and personal assets.
Small Business Tax Checklist
With tax deductions outlined as potentially beneficial for small business owners and self-employed professionals, this book might be the ultimate collection to assist in business tax preparation. Read it cover to cover to familiarize yourself with all the deductions that a business could take or consult it when you have questions about specific topics.
Even if you are working with a C. What you learn could keep your business out of trouble and enable you to reinvest more of the revenue it generates in growth and operations.
Help Menu Mobile
The Kabbage Team is here to not only fund the small business loans you need but to help you grow your business through free marketing tips, webinars, tools and more.
Kabbage empowers small businesses through straightforward, flexible access to capital. Stay up to date with the latest news and trends from Bookkeeper Get immediately notified every time we post a new article.
Kabbage Team The Kabbage Team is here to not only fund the small business loans you need but to help you grow your business through free marketing tips, webinars, tools and more. Subscribe for updates to our blog Stay up to date with the latest news and trends from Bookkeeper