475 Tax Deductions for Businesses and Self-Employed Individuals 13th Ed

Are you overpaying in taxes unnecessarily? The IRS isn't likely to inform you about any missed deductions, and your accountant may not thoroughly inquire about every deduction you're eligible for. As confessed by former IRS Commissioner Mark Everson, "If you don't claim it, you won't receive it. That's wasted money for countless Americans." This invaluable guide, revised to incorporate tax law revisions, not only compiles a list of deductible items—ranging from expenses like Internet domain names to losses from theft—but also provides instructions on where to record them on your income tax form. "Navigating tax law can be complex," the author clarifies, "yet this book simplifies the process." The twelfth edition has been comprehensively updated to encompass recent tax law changes, feature a dedicated chapter on home-based businesses, and present distinctive "quick reference" highlights within the A-to-Z listings for deductions subject to specific rules for home-based enterprises.