I must admit that we’re just getting our taxes to our accountant (okay we’ll be delivering it to him next week). Usually we try to get everything done by February, but with all the work that’s been coming through lately my husband and I haven’t had a chance to sit down and get all the receipts and paperwork together. Even if you have completed your taxes and gotten your returns, now’s the time to start planning for next year’s taxes, especially if you work from home.
These tax reduction articles and books are a quick and easy way to get a handle on the tax benefits and challenges available for home-based businesses/work-at-home jobs. I’ve listed two of my favorites books below. And in later posts I’ll be sharing some articles that I’ve gotten permission to reprint from Sandy Botkin, CPA, Esq. that I hope will be as helpful to you as they have been for me.
The Books
- There are many books that explain the tax benefits available for work-at-home businesses and independent contractors. I’ve read a couple of them and my favorite book is Lower Your Taxes – Big Time! 2009-2010 Edition (Lower Your Taxes Big Time) by Sandy Botkin CPA, Esq. It’s divided into logical segments that make it easy to read and digest. (If you’ve ever read IRS tax documentation, you’ll know how important that is!) I also appreciated the information that was available at The Tax Reduction Institute which is run by the author, Sandy Botkin. He even has a Tax IQ test that you might like to take. I sure learned a lot about just how much I still don’t know!
- Although I haven’t read this book in its entirety yet, Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants is also written in an easy to understand way. It also addresses issues such as protecting your business name, trademarks and the like. It looks like a good second choice.
Knowledge is power (and money!) especially when it comes to dealing with the IRS. 
Disclaimer: http://cmp.ly/5/q2n5ri
