Tax Deductions for Professionals: Pay Less to the IRS

A tax deduction guide just for professionals

Keep your taxes under control!

Architects, lawyers, dentists, chiropractors, doctors, and other licensed professionals are subject to special tax rules. With this book, learn how to pay less to the IRS at tax time by taking advantage of valuable tax deductions you are entitled to take.

Find out how to deduct:

• start-up expenses
• medical expenses under Obamacare
• retirement plan contributions
• continuing education costs
• vehicles, meals, and travel, and
• home office expenses.
  

Tax Deductions for Professionals will also help you choose the best legal structure, with detailed information on limited liability companies, partnerships, and professional corporations.

The 14th edition is completely updated to cover the new Tax Cuts and Jobs Act.

Professionals are entitled to lots of tax deductions which can save them lots of money―if they take advantage of these deductions. There are also key tax advantages related to business entity choice under the new tax laws. Tax Deductions for Professionals explains everything professionals need to know to make sure they understand the best business entity choice for them and all the deductions they are entitled to take. Tax Deductions for Professionals is organized into practical, easy-to-understand categories of the most commonly-used business deductions. It includes lots of interesting and relevant examples so readers can see how the deductions work and the context they come up in. It covers start-up expenses, health care costs, continuing education, professional fees, home office, and more.