Small business starting up here, looking for info on tax deductions, so you know resources ?

Hi, I am just starting to sell Discovery Toys and I know I can write of a lot of things if they are connected to my business. What book, site or what...


Hi, I am just starting to sell Discovery Toys and I know I can write of a lot of things if they are connected to my business. What book, site or whatever are you familiar with that will tell me what all I can start keeping receipts for etc. to my best advantage. thanks so much.

7 Responses to “Small business starting up here, looking for info on tax deductions, so you know resources ?”

  1. peachygurl86 says:

    Here’s the IRS Information on taxes for Small Businesses:http://www.irs.gov/businesses/small/article/0,,id=99336,00.html

    I’m assuming you’ll be a Schedule C sole proprietor so here’s the information on Schedule C as well:http://www.irs.gov/instructions/i1040sc/index.html

  2. msbedouin says:

    turbo tax deduction finder

  3. Carlton C says:

    Send me an email privately.

    http://www.carltoncalhoun.com

  4. kattsmeow22315 says:

    I’m not familiar with any particular book or web site, but I know you should keep EVERY receipt and a booklet in your vehicle so you can put your mileage in when you drive anywhere concerning your business, this includes you attorney, the post office or the drug store to pick up a pen.

  5. letsget_dangerous says:

    If you don’t know a good accounteant try H&R Block they are a good place to at least start until you find someone else. I would recoment you use someone for your books until you at least become familiar with whats what
    after that you can probably just have someone do your year end…Lets

  6. Rick F says:

    Download Adobe

    http://www.irs.gov/formspubs/lists/0,,id=97817,00.html

    Print Schedule C http://www.irs.gov/pub/irs-pdf/i1040sc.pdf.

    Kipplingers is also a great source for tax laws

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