New York, NY (PRWEB) February 20, 2013
For most people, owning and operating their own businesses is a dream come true. But faced with figuring out how to meet their tax obligations, these entrepreneurs often freeze up, fearful of making the wrong decisions.
"Tax Strategies for the Small Business Owner: Reduce Your Taxes and Fatten Your Profits" by Russell Fox examines the different types of taxes entrepreneurs must pay, and all the deductions that small- to medium-sized businesses and aspiring owners can take legally to reduce taxes. The book discusses tax-related topics, including travel, meal and entertainment expenses; cost of goods sold; the office; fixed assets and depreciation; employees, wages and payroll taxes; medical expenses; and retirement plans, including how to fund one’s retirement with help from the business. It also provides tips on how to work with a tax professional and handle an audit.
"Tax Strategies for the Small Business Owner: Reduce Your Taxes and Fatten Your Profits" also addresses issues and fundamentals that need to be addressed prior to creating or opening a business, such as choosing the best business entity that’s the best fit for the company, determining startup costs and ongoing expenses, whether to lease or buy equipment or property, and whether to outsource.
To learn more about "Tax Strategies for the Small Business Owner: Reduce Your Taxes and Fatten Your Profits," visit http://www.apress.com/9781430248422
About the Author
Russell Fox, E.A., is a federally licensed tax professional and the founder and a principal at Clayton Financial and Tax. Primarily serving small businesses and professional gamblers, he writes the tax blog, taxabletalk.com, and is the co-author of three books on poker.
About Apress Media
Apress Media is a technical and business publisher devoted to meeting the needs of IT professionals, software developers, programmers, and business leaders with more than 1,000 books in print and electronic formats. Apress provides high-quality, no-fluff content that helps serious technology professionals build a comprehensive pathway to career success. Since 2007, Apress has been part of Springer Science+Business Media, one of the world's leading scientific, technical, and medical publishing houses, enabling global distribution of Apress publications.
For more information about the innovative approach Apress takes to publishing, please visit http://www.apress.com.