Bøger af Ferey Kian Ea

This book discusses in detail all changes to the Trump/GOP Tax law changes called TCJA 2017 which overhauls the individual and business tax preparation. The book is written for tax professionals in a short, concise, and organized fashion based on the IRS guidelines so readers can see all changes. It discusses Capital Gain, Deductions in general, Refundable and nonrefundable credits, Depreciation, healthcare, and pass-thru entities. The book is particularly aimed to help tax professionals to learn all the tax law changes and to prepare for the AFSP test so that they can represent their clients before the IRS. The author is Ferey Kian, MBA, EA and a tax professional with years of experience in helping tax professionals stay informed and compliant with Circular 230 and has developed a no-nonsense, easy-to-follow style and straight to topic so you can't get any book to go over all these topics in such a short and concise way.

Business Tax Made Easy is a concise and to-the-point review of significant types of business organizations. The study guide covers -Business income, Retained Earnings, Cost of Goods Sold, Depreciation (New Section 179 and Bonus Depreciation), other Business Deductions and Credits, as well as -Net Operating Loss (NOL) and Net Capital Loss (NCL). The book also covers the business from startup funding through exit strategies.Treat your business entity like a profitable entity that benefits from all available business deductions and credits you qualify for. The book takes you step by step to establish a company that will serve you instead of you serving the business. It shows you how to narrow down your business activity code in your industry and how to fund it when to report your payroll, sales taxes, and business taxes for Sole Proprietors, LLCs, S Corporations, C Corporations, and Nonprofit, tax-exempt entities.The book includes tax forms and schedules for all business types and how to keep records of critical information on dollar limits, requirements, and the write-off.This book helps you to determine the followings: Avoid overpaying your taxes as most businesses do because they need more expertise.The Qualified Business Deductions (to get QBID) give you a 20% deduction in your passthrough entities, affecting your 1040 tax and what expenses are not deductible.How to audit-proof your business tax returnHow to maintain some income for future growth in your Retained Earnings.How to file your taxes accurately, pay only the right amount, and maximize your bottom line.How to use forms to convert one business type to another that may serve you better.A review of forms 1065, 1120S, and 1120 and related schedules.Home office expensesBusiness miles and how to chose between actual and standard mileage rates