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Don't Let the IRS Destroy Your Small Business: 76 Mistakes to Avoid »

Authors: Michael Savage
ISBN-13: 9780201311457, ISBN-10: 0201311453
Format: Paperback
Publisher: Basic Books
Date Published: December 1997
Edition: (Non-applicable)

Author Biography: Michael Savage

Michael Savage is the senior tax partner in the New York law firm of Gersten, Savage, Kaplowitz & Fredericks, where he has represented corporations and individuals throughout the United States for twenty-three years. He is the author of Everything You Always Wanted to Know About Taxes, but Didn’t Know How To Ask and Good News/Bad News—A Tax Reform Guide. He lives in New York and Aberdeenshire, Scotland.

Book Synopsis

"In this lively book, veteran tax attorney Michael Savage provides essential tax advice to small business owners, many of whom pay exorbitant tax fees for mistakes that may have easily been avoided. Wi"

	Introduction: Who Makes the Mistakes and Why?
Ch. 1	Interest and Penalties	1
Ch. 2	Employees	4
Ch. 3	Independent Contractors	16
Ch. 4	Salaries, Dividends, and Loans	28
Ch. 5	Travel and Entertainment Expenses	44
Ch. 6	Cars, Planes, and Other Fringe Benefits	65
Ch. 7	Home-Office Deductions	77
Ch. 8	Deducting Interest on Business Loans	88
Ch. 9	Retirement Plans	102
Ch. 10	S Corporations	116
Ch. 11	Owning More than One Business	135
Ch. 12	Estate Planning for Small-Business Owners	145
	Afterword	161
	Index	163