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, by Wayne Davies
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Product details
File Size: 2668 KB
Print Length: 105 pages
Page Numbers Source ISBN: 1535258888
Simultaneous Device Usage: Unlimited
Publisher: Self-Employed Tax Deductions Today (a division of Wayne M. Davies Inc.) (January 13, 2016)
Publication Date: January 13, 2016
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B01AMB97SM
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Amazon Best Sellers Rank:
#246,275 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
What a great idea!Incidentally, you're paying a tiny price for this book - but it comes with $150 worth of couponsyou can use on Wayne Davies' consulting and tax return review services. Since he is a highlyexperienced tax professional - especially when it comes to Internet businesses (and affiliateprograms) that's a fabulous deal. OK, on to the book review.The Schedule C in your personal tax return is where you report all your business income and expenses.There are many complex issues that people who prepare their own tax returns typically get wrong.Wayne Davies did a remarkable job of making the concepts absolutely simple. Even depreciation,which as a tax professional (Enrolled Agent) and instructor I devote 2 hours to teaching. Waynebrushed aside the complexities and focused on the parts of the law that were simple to use.(He wisely recommended that if you prefer to deal with the more complex part of depreciation,you should take that to your tax professional.) Another thing that blew me away in that chapter is,that there is another area in depreciation that is so complex that tax pros have a special Facebookforum JUST for that specific issue. Wayne simplified that revision in the law so readers never realizehow complicated the rules are. He just makes it clear.I love this book. It's terrific, not just for amateurs, but I will be recommending it to my students, too!
I strongly urge all Schedule C filers to read this book, especially if you prepare your own returns like I used to. The clarity expressed by Wayne Davies is amazing. One can see that this is a book for help, not one to sell a service. Even if you have a tax professional prepare your returns, you will find information in this book that will help assist your self-employment record keeping. I'll bet that the cost will be worth it, probably hundreds or thousands times over. The author's last e-book, Small Business Tax Deductions Revealed, was more comprehensive for business owners in giving an overview of tax requirements and benefits, and is also a highly recommended read. I follow this author simply because I can understand what he's writing without being more confused than before I read it.
Helped me to fill out my tax forms for my small home etsy business. Easy to read and understand. It takes you step by step through each form. I recommend this for any small business owner.
Blurb promised so much, but it didn't really explain much outside of IRS instructions & publications.
As always, Wayne has come thru again. One of the most informative books on the SCH-C available and every CPA & Tax Preparer should make this a must read for their Clients.If you are in the business of a NICHE, you can find what you are looking for in this book.I own every one of Wayne's books and have studied them just as I did my text books in college. That is how important his writings are. Your Clients will definitely appreciate your knowledge and recommend you more.
This little tax book explains the Schedule C in plain english... in just my forst skim through, I found deductions that I had not thought of. This is a must have tool in the Sole Proprieitor's toolbox! Highly recommended!
Clear, helpful and concise. Reminded me of deductions that I hadn't remembered and was very helpful in giving lists of deductions. It took me about 1 hour to read while looking through a schedule C. Thanks, Wayne!
This was very helpful and informative to those of us new to schedule c.
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