CCH Business Owner's Toolkit Tax Guide 2001

For 85 years, CCH has been the leading name in tax information for professionals. Now, CCH is making its experience accessible to small business owners in the CCH Business Owner's Toolkit Tax Guide 2001. Whether you choose to go it alone or use a professional, this easy-to-understand title will save you time and money during the preparation of your federal income tax return. Our expert commentary guides you every step of the way with a line-by-line look at your sole proprietorship return. And hundreds of tips, examples, charts, and tables will help you make tax-wise decisions throughout the year. By using CompleteTax, you'll be able to process your federal and resident state tax returns on your computer--and file them by mail or electronically, or print a free tax organizer for your accountant's use--all at no extra charge. Like other tax guides, CCH Business Owner's Toolkit Tax Guide 2001 has complete analyses of individual income tax issues. But unlike the competition, it has an extensive glossary that demystifies tax lingo and detailed discussions on issues of primary interest to small business owners like: What is the best form of organization for my business? How do I differentiate between my personal and business expenses? How do I maximize my deductions for auto, entertainment, depreciation, and home officeexpenses? How do I handle employee benefit plans on my tax return? What might the IRS look for in an audit of my business activities, and what is the bestapproach in dealing with them?