JK Lasser's Small Business Taxes 2007

Preface.
Introduction.
PART I: ORGANIZATION.
1. Business Organization.
2. Tax Year and Accounting Methods.
3. Recordkeeping for Business Income and Deductions.
PART II: BUSINESS INCOME AND LOSSES.
4. Income or Loss from Business Operations.
5. Capital Gains and Losses.
6. Gains and Losses from Sales of Business Property.
PART III: BUSINESS DEDUCTION AND CREDITS.
7. Employee Compensation: Salary, Wages, and EmployeeBenefits.
8. Travel and Entertainment Expenses.
9. Car and Truck Expenses.
10. Repairs, Maintenance, and Energy Improvements.
11. Bad Debts.
12. Rents.
13. Taxes and Interest.
14. First-Year Expensing, Depreciation, Amortization, andDepletion.
15. Advertising Expenses.
16. Retirement Plans.
17. Casualty and Theft Losses.
18. Home Office Deductions.
19. Medical Coverage.
20. Deductions for Farmers.
21. Domestic Production Activities Deduction.
22. Miscellaneous Business Deductions.
23. Roundup of Tax Credits.
PART IV: TAX PLANNING FOR YOUR SMALL BUSINESS.
24. Income and Deduction Strategies.
25. Tax Strategies for Opening or Closing a Business.
26. Tax Strategies for a Sideline Business.
27. Alternative Minimum Tax.
28. Other Taxes.
29. Online Filing and Information.
Appendix A: Information Returns.
Appendix B: Checklist of Tax-Related Corporate Resolutions.
Index.