Taxes remain one of the biggest headaches and costs for small businesses around the United States. J.K. Lasser's Small Business Taxes 2021 delivers an approachable but expert guide in legally limiting your tax liabilities while maximizing your deductions and credits. You'll be in great hands as Barbara Weltman – attorney, expert, and author – shows you what tax relief is available to you and how to claim it.
You'll discover how to:
Make tax-savvy business decisions
Take advantage of COVID-19-related tax breaks
Pick the right forms to claim available deductions and credits
Use legal and effective tax strategies to minimize your taxes payable
Use sample forms and checklists to get organized
Keep the right records in case the IRS comes calling
Whether you’re filing your small business’ taxes or you work with a tax professional, J.K. Lasser's Small Business Taxes 2021 will walk you through the tax process for 2020 returns and tax planning for 2021 to optimize your tax savings and minimize your audit exposure.