Book Review: Tax Savvy for Small Business
When starting a business one of the most intimidating factors is the taxation issues and the fear of having to deal with the IRS. Here at HBS we have read numerous tax related books to help provide a resource to refer our clients to when they have tax related questions. Most of the books do a mediocre job of explaining the many issues, but not a fantastic job. Finally, we came across Tax Savvy for Small Business. This is a book that we feel comfortable referring to answer many questions and address the concerns of our clients! The book does a great job at covering a wide array of topics.
Some of the topics covered are:
- Tax Basics
- Deductions
- General Book Keeping and Accounting
- C-Corporations taxation overview
- S-Corporations taxation overview
- LLC’s
- Retirement plans
- Buying & Selling a business
Many clients have told me that reading this book has helped them to get more out of meetings with their accountants, since they had a better understanding of the tax related matters. To purchase this book, click HERE.
