File Size: 2884 KB
Print Length: 122 pages
Simultaneous Device Usage: Unlimited
Publisher: Self Employed Tax Deductions Today (a division of Wayne M. Davies Inc.) (January 5, 2015)
Publication Date: January 5, 2015
Sold by: Digital Services LLC
Language: English
ASIN: B00RW169CI
Text-to-Speech: Enabled
X-Ray: Not Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting: Enabled
Best Sellers Rank: #58,086 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #5 in Kindle Store > Kindle eBooks > Business & Money > Taxation > Personal #6 in Kindle Store > Kindle eBooks > Business & Money > Taxation > Small Business #14 in Books > Business & Money > Taxation > Small Business
I read this book while reading another book on taxes. The other book gave information that was different than what Wayne had put in his book. I send Wayne an e-mail and the next day he got back to me with an answer on why the info was different. Wayne's book was more up to date than the other 2015 tax book. Wayne's quick response to me was appreciated and helped me. This book was great and detailed in areas that were helpful. It's up to date with all the known changes that I saw. I appreciate Wayne's quick response and helpful information and would recommend his book and other services he offers. Great book and person.
If you are a new or seasoned business owner, there's a lot to like about this quick-read book... not the least of which is the money you'll save in taxes! Here's just a few points I found especially helpful as a freelance bookkeeper who supports many self-employed businesses...* Exactly HOW filing as an S-Corp saves you substantial taxes as opposed to filing as a sole proprietor (combined with the chapter on saving for retirement, you've got a great 1-2 punch in tax savings!)...* The percentages that show your chances of being audited are helpful, no matter what entity you choose for your business, along with how to remove audit red flags the IRS is watching for...* At the beginning of many of the chapters you can immediately see which business entities are eligible for the tax savings tip (saves time and makes it easy to use this book as a reference when planning)...* The illustrative examples to make each tax savings concept crystal clear are very helpful and I like that these are for truly self-employed businesses (believable numbers we can relate to)This book should be required reading for all self-employed business owners. But especially I see this as a highly valuable tool for independent bookkeepers who want to become invaluable to their clients and work in cooperation with CPAs and Enrolled Agents. Reading this book is a great investment all the way around!
As an online entrepreneur, I wanted a Kindle book that would explain how I can pay less in taxes (legally and ethically). I am very glad I came across this one by Wayne Davies. Davies does an excellent job covering the 29 most helpful tax deductions in simple language that anyone could understand. I also like how I didn't even have to make an appointment with an accountant or tax attorney for some questions that I got answered from this resource.Davies also does very well with teaching you how to “play the system” so to speak. It's like he knows how the taxation system works, and he truly cares about teaching you how to make it work for you rather than against you. What amazed me the most was when I went to the end of the book and saw two coupons. When you purchase this title, you will get a free 30-minute phone consultation to pick Wayne's brain and also a free review of your most recent tax returns (business or personal).I recommend this title to anyone who is a small business owner, freelancer, or other entrepreneur and wants to pay less in taxes.
Taxes are scary. They scare me. The thought of penalties, audits, over paying! I'd rather day dream of various ways the apocalypse might roll out.So I bought Wayne's ebook. NOT ONLY did I get a coupon to talk to the man himself—for free!, but I got a bunch of questions answered and tax-saving tips in ONE place.That's nice. Because I'm a business owner, and as much as I'd like to wave a magic wand and have others to do mundane things for me, that's just not my reality. So I need simple. I need dumbed down and easy to read… easy to understand.I'd ask my CPA friends about what I should do with my business. They don't know. Yeah, they're smart. Yeah, they are weird because they can tell me the line and page to fill out some deduction—but… they aren't business people. They just don't know the answers like, "Am I in the place to elect to be an SCorp or stay and LLC?" Wayne does. He's an entrepreneur too so he's worn that hat.I also followed Wayne for YEARS… around 5 years. I found him way back when I first started my business and his blog was refreshing and entertaining to where I actually absorbed 'tax know-how.'I recommend Wayne's book… his blog… his free "talk to me one-on-one" coupon. Take him up on his expertise.
This is definitely a book that I’d recommend to anyone that’s self-employed, especially those that are considering a formal business structure of a corporation or LLC. It’s clearly written for easy understanding, which allowed me to grasp the advice being given within the information. Being so clear demonstrates that I could trust the author in that the book is not written to drum up business, but rather to inform for the reader’s benefit. Wow, how rare is that?Being self-employed for many years and proactive in structuring L.L.C.s and S-corporations to save taxes, I’ve found myself complacent with my structure, until I read this book. The information relayed indicates that I can do better, much better in tax savings. If I had this book at my disposal in 2000 when I structured my businesses from sole proprietorships, the tax savings I could have experienced up to this point boggles my mind. So even if you think you have the “bull by the horns”, like I thought I did, this book’s information may be just what is needed to complement your tax strategies also.My thanks to the author in providing useful information that clearly demonstrates his bias toward the self-employed worker. My first call in the morning will be to my CPA for professional help in taking action to assist me in my endeavors.
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