Now revised with the latest tax law changes and money-saving strategies, this perennial bestseller is a boon to frustrated taxpayers everywhere. The authors present a comprehensive, plain-English guide that demystifies the process of filing tax forms as well as how to plan for the year ahead. Includes federal income tax forms.
In this book, you'll: Discover how to take advantage of every deduction and tax credit that applies to your specific circumstances Learn to navigate the IRS website and the newest versions of the most popular online tax preparation and ...
Get down to the basics — find out why it's important to plan for your taxes year-round, and get strategies that can help reduce them Go for the long haul — keep track of your business revenue and expenses, understand federal income tax ...
In this book, you'll: Discover how to take advantage of every deduction and tax credit that applies to your specific circumstances Learn to navigate the IRS website and the newest versions of the most popular online tax preparation and ...
Includes issues influencing incorporated small businesses, partnerships, and LLCs Offers expanded coverage of other business taxes including payroll and sales taxes Provides websites and other online tax resources Gives guidance to ...
Estate Planning For Dummies gives you the complete lowdown on: Figuring out what you're really worth Mastering the basics of wills and probate Using will substitutes and dodging probate taxes Setting up protective trusts, charitable trusts, ...
Inheritances Generally, the basis of inherited property is its FMV on the date of the decedent's death. ... from a Decedent Who Died in 2010 If the decedent died in 2010, the executor could elect to use the 2010 modified carryover basis ...
What you need to complete Schedule B are those 1099s (1099-INT, 1099-DIV and 1099OID) that banks, corporations, brokerage firms, and mutual fund companies send by January 31 of the following year (or in 2009, by.
This book shows how to form and tap into the power of an LLC: Keep up on the latest information on federal taxes, regulations, and fees Discover the advances in technology, including online tools that streamline the processes Get up-to-the ...
Receipt of Cash and Other Property—“Boot” EXAMPLE Jones owns an apartment house held for investment that has a fair market value of $220,000, subject to an $80,000 mortgage. His adjusted basis is $100,000. In 2021, Jones exchanges his ...
Contains extensive coverage of the tax issues faced by all types of contractors, including large and small contractors, homebuilders, and other specialty trades, provides you with the clear, concise guidance you need to expertly address ...