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Essential tax information for the small business owner in every industry that will bring their tax liability to its knees. Written in language that everyone can understand, this well-rounded guide offers essential business basics and tax information that all small business owners need to know to set up, maintain and grow a successful business. Some of the hot topics discussed are: Office & file organization Record, file and tax return recovery W-2, 1099-Misc and the new 1099-K Business expenses Incorporation, Partnership and LLC basics Health and retirement benefits for the self-employed Talking to the IRS and responding to notices What to expect in an audit In an honest and frank discussion about sex work, business and taxes, Tax Domme also addresses those issues specific to people working in the Adult Industry such as: How any type of sex worker can prepare and file their tax return legally Handling income from various sex work properly Deductions specific to the different types of sex work demystified This guide was inspired by questions from business owners, client tax issues encountered and discussions with colleagues and the IRS.
Paperback: 202 pages
Publisher: BookSurge Publishing (February 13, 2013)
Language: English
ISBN-10: 1439251061
ISBN-13: 978-1439251065
Product Dimensions: 5.2 x 0.5 x 8 inches
Shipping Weight: 10.4 ounces (View shipping rates and policies)
Average Customer Review: 5.0 out of 5 stars See all reviews (5 customer reviews)
Best Sellers Rank: #313,752 in Books (See Top 100 in Books) #55 in Books > Business & Money > Taxation > Small Business #103 in Books > Business & Money > Accounting > Bookkeeping #4477 in Books > Business & Money > Skills
Lori St. Kitts demystifies the oh so scary world of taxes and with her clear and helpful descriptions, helps make it not so scary. Her nonjudgemental tone and familiarity with the particularities of the sex work industry makes her a must read for any sex worker trying to get a handle on not just her taxes but her business. She reminds us that we are business owners, a refreshing perspective in a world full of stigma. To that end, her advice is useful and well written for any business owner in any industry, not just the adult industry. She covers every angle and provides great advice for finding professionals and further information. She even gives advice on *gasp* talking to the IRS (which, apparently, is not as bad as it sounds.) Helpful and even, and this is a high compliment for a book about taxes, fun to read. Reading this book feels like getting advice from a SUPER knowledgeable friend, not a boring tax manual.
Lori has been my tax preparer for many years, and is a trove of useful advice for small business owners like myself who hate accounting and dealing with nitty-gritty details of money management. I highly recommend her, and if you're a sex worker and want to hire a tax preparer to get your own financial life in order, you couldn't find better!
Not just for sex workers! I found this book to be incredibly helpful for my small business, although it is clearly geared for those in the adult entertainment industry, but is not tawdry and is quite professional.
So nice to have this resource. Very easy to read, easy to understand, she breaks it down, very matter-of-fact, quick to read.
Excellent book. Will prove to be very rewarding and helpful!
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