Learn how to navigate the latest changes to the tax law― and save big on your taxes!
For most people, tax time is the most dreaded time of the year. After the recent tax overhaul enacted by Congress, taxpayers are more anxious and confused than ever. Lower Your Taxes―Big Time! helps you understand how the latest tax bill affects your personal and business taxes. Fully updated for the 2019 – 2020 season, this essential book covers everything you need to know about saving money on tax day―and every other day of the year.
Whether you're a consultant, business owner, independent contractor, or home filer, you'll learn how to legally, morally and ethically take advantage of the tax system to get a yearly subsidy of $5,000 or more back from the IRS―and bulletproof your records forever. Written by tax expert and former IRS attorney Sandy Botkin, this is a must-have resource for saving thousands of dollars at tax time.
Lower Your Taxes Big Time! shows you how to:
•Properly document any business deduction so you never have to worry about being audited
•Get a tax subsidy of $5,000 or more for starting up your own home-based business
•Turn tuition, entertainment, orthodontia, and other expenses into huge deductions
•Take advantage of small-business tax changes and extensions recently passed by the American Tax Cuts and Jobs Act, and more.
•Learn how to easily navigate and maximize the new 20% pass through deduction for most small businesses