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Independent Contractor, Sole Proprietor, and LLC Taxes Explained in 100 Pages or Less, by Mike Piper
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Find all of the following, explained in plain-English with no legal jargon:
- Business Taxation 101: A brief primer on tax topics in general, especially as they apply to businesses.
- Home Office Deduction: How to ensure you qualify for it and how to calculate it.
- Estimated Tax Payments: When and how to pay them, as well as an easy way to calculate each payment.
- Self-Employment Tax: What it is, why it exists, and how to calculate it.
- Business Retirement Plans: What the different types are, and which one is best for you.
- Numerous Business Deductions: Several deductions explained in detail, including how to make sure you can qualify to take them and how to maximize them.
- Audit Protection: Learn what records you need to keep (and how long to keep them) in order to protect yourself in case of an audit.
- Sales Rank: #48262 in Books
- Brand: Brand: Simple Subjects, LLC
- Published on: 2014-07-28
- Original language: English
- Number of items: 1
- Dimensions: 8.00" h x .30" w x 5.00" l, .29 pounds
- Binding: Paperback
- 118 pages
- Used Book in Good Condition
From the Publisher
Find all of the following, explained in plain-English with no legal jargon:
Business Taxation 101: A brief primer on tax topics in general, especially as they apply to businesses.
Home Office Deduction: How to ensure you qualify for it and how to calculate it.
Estimated Tax payments: When and how to pay them, as well as an easy way to calculate each payment.
Self-Employment Tax: What it is, why it exists, and how to calculate it.
Business Retirement Plans: What the different types are, and which one is best for you.
Numerous Business Deductions: Several deductions explained in detail, including how to make sure you can qualify to take them and how to maximize them.
Audit Protection: Learn what records you need to keep (and how long to keep them) in order to protect yourself in case of an audit.
From the Author
Please note that this book does not apply to multiple-member LLCs (that is, LLCs with more than one owner).
About the Author
Mike Piper is the author of 7 personal finance books and the popular blog Oblivious Investor (obliviousinvestor.com). He is a Missouri Licensed CPA.
Most helpful customer reviews
14 of 14 people found the following review helpful.
this a a good book for for any one who is self employed or is a 1099 employee
By Cowboy Mike
This is the 3rd book of Mike piper's that I have purchased and read. My wife and I have been self-employed for 20+ years. You would have thought by now that we would have known everything there was to know and this book would have had little to offer.
Not so. For us it helped to understand how all the parts fit together to create the bigger picture. For example, how self-employment taxes, exemption and deductions work. A nice how to on calculating self-employment tax.
Sort and concise and a great reference book. I especially liked the fact that he put information in the book w/ regard to the self-employed/individual 401 K and that you can get such a vehicle with a ROTH component. This is VERY important information becuase I think there are MANY 1099 or self employeed folks out there that do not even know such an investment option even exists.
Happy trails, cowboy Mike
2 of 2 people found the following review helpful.
A short, simple, easy-to-read introduction to taxes
By Brian
As someone who knew literally nothing about taxes, this book was a great introduction.
By no means is this book going to make you an expert accountant.
It has one job: give the average layperson a simple overview of tax basics.
And it does that job well.
The brevity works to its advantage:
taxes are not exactly the sexiest subject in the world, so by keeping it short and sweet, it's able to hold your attention without boring you. I finished it in two sittings.
I'd definitely recommend this to a layperson interested in learning more about taxes.
And for that price, it can't be beat.
2 of 2 people found the following review helpful.
Very Recommended for its Clarity
By Chris Mentzel
A great overview that I have never seen anywhere else, even after doing my own taxes for 20 years. Nobody else ever told me that the cash accounting method is not actually what it is purported to be. I never saw the retirement saving methods compared so cleanly. My one request would be an online supplement that explains changes in the current tax year.
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