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.