Introduction.

PART 1: ORGANIZATION.

1. Business Organization.

2. Tax Year and Accounting Methods.

3. Recordkeeping for Business Income and Deductions.

PART 2: 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 3: BUSINESS DEDUCTIONS AND CREDITS.

7. Employee Compensation: Salary, Wages, and Employee Benefits.

8. Travel and Entertainment Expenses.

9. Car Expenses.

10. Repairs and Maintenance.

11. Bad Debts.

12. Rents.

13. Taxes and Interest.

14. Depreciation, Amortization, and Depletion.

15. Advertising Expenses.

16. Retirement Plans.

17. Casualty and Theft Losses.

18. Home Office Deductions.

19. Medical Coverage

20. Deductions for Farmers.

21. Miscellaneous Business Deductions.

22. Deductions for Alternative Minimum Tax.

23. Roundup of Tax Credits.

PART 4: TAX PLANNING FOR YOUR SMALL BUSINESS.

24. Income and Deduction Strategies.

25. Online Filing and Information.

Index.