Small Business Taxes For Dummies
4. Edition April 2026
288 Pages, Softcover
Wiley & Sons Ltd
Don't leave any money on the table this tax season!
Small Business Taxes For Dummies is your one-stop source for tax information, checklists, and tips to keep your tax bill manageable. As a small business owner, you have enough on your plate already without having to wade through tax code. This easy-to-understand guide gives you a helping hand, so you can simplify your tax process. You'll find convenient walkthroughs on determining your filing status, dealing with retirement and investment accounts, and taking all the deductions and credits you qualify for. Plus, get year-round tax planning tips to simplify record keeping and make the best decisions for your business. There's more to discover inside--with Small Business Taxes For Dummies, you can take back tax season!
* Explore the latest changes to tax policy, including new deductions and tax credits
* Get advice on how to make taxes easier using online bookkeeping and tax prep software
* Find simple, line-by-line explanations of the tax forms you'll need to complete
* Be prepared for an audit and learn how to respond to notices from the IRS
A can't-miss resource for small business owners, managers, and employees, Small Business Taxes For Dummies is your guide to help you make sure you don't pay more than you need to pay at tax time!
About This Book 1
Foolish Assumptions 2
Icons Used in This Book 3
Beyond the Book 3
Where to Go from Here 4
PART 1: UNDERSTANDING SMALL BUSINESS TAXES 5
CHAPTER 1: Small Business Taxes 101 7
CHAPTER 2: Making Important Business Decisions 25
CHAPTER 3: Retirement Accounts and Investments for Small Businesses 47
CHAPTER 4: Real Estate and Your Small Business 77
CHAPTER 5: Planning for Tomorrow: Estate Taxes 91
PART 2: ONGOING TAX JOBS 105
CHAPTER 6: Keeping Track of Your Small Business Revenues and Costs 107
CHAPTER 7: Form 1040 Filing Options 117
CHAPTER 8: Schedule C: Profit or Loss from Business 141
CHAPTER 9: The Business Use of Your Home 165
CHAPTER 10: Estimated and Employment Taxes Plus Other Forms 177
PART 3: GETTING HELP 191
CHAPTER 11: Dealing with Notices and Audits 193
CHAPTER 12: Keeping Current with Tax Strategies and Rules 223
CHAPTER 13: Paying for Tax Help 231
PART 4: THE PART OF TENS 243
CHAPTER 14: Ten+ Useful Tax Tools for Small Businesses 245
CHAPTER 15: Ten Often Overlooked Tax-Reduction Opportunities 249
CHAPTER 16: Ten Resources to Turn to after Reading This Book 257
INDEX 263