J.K. Lasser's Small Business Taxes 2017: Your Complete Guide to a Better Bottom Line (Paperback)

Preface vii Introduction xiii Part 1 Organization 1 1. Business Organization 3 2. Tax Year and Accounting Methods 40 3. Recordkeeping for Business Income and Deductions 58 Part 2 Business Income and Losses 71 4. Income or Loss from Business Operations 73 5. Capital Gains and Losses 107 6. Gains and Losses from Sales of Business Property 128 Part 3 Business Deductions and Credits 143 7. Employee Compensation: Salary, Wages, and Employee Benefits 145 8. Travel and Entertainment Expenses 182 9. Car and Truck Expenses 212 10. Repairs, Maintenance, and Energy Improvements 242 11. Bad Debts 260 12. Rents 273 13. Taxes and Interest 284 14. First-Year Expensing, Depreciation, Amortization, and Depletion 300 15. Advertising Expenses 33916. Retirement Plans 347 17. Casualty and Theft Losses 388 18. Home Office Deductions 403 19. Medical Coverage 423 20. Deductions and Tax Credits for Farmers 444 21. Domestic Production Activities Deduction 456 22. Miscellaneous Business Deductions 464 23. Roundup of Tax Credits 510 Part 4 Tax Planning for Your Small Business 523 24. Income and Deduction Strategies 525 25. Tax Strategies for Opening or Closing a Business 542 26. Tax Strategies for a Sideline Business 557 27. Tax Strategies for Multiple Businesses 562 28. Alternative Minimum Tax 568 29. Other Taxes 575 30. Filing Tax Returns and Paying Taxes 597 31. Retirement and Succession Planning 611 32. Working with CPAs and Other Tax Professionals 618 33. Handling Audits with the IRS 623 Appendix A. Information Returns 627 Appendix B. Tax Penalties 636 Appendix C. Checklist of Tax-Related Corporate Resolutions 643 Appendix D. List of Dollar Limits and Amounts Adjusted for Inflation 646 Index 651