J. K. Lasser's 1001 Deductions and Tax Breaks 2008 : Your Complete Guide to Everything Deductible

by Barbara Weltman ( ; )

• ISBN13: 9780470152645
• ISBN10: 0470152648
• Edition: 13th
• Format: Paperback
• Copyright: 2007-11-01
• Publisher: Wiley

Summary

There are many books dedicated to tax season. They attempt to cover as many topic areas as possible and often leave readers with a thin layer of understanding on multiple topic areas. This is okay for the more obscure topics like investment income from a partnership, but it is not so helpful when the topic is as fundamental and universal as deductions and credits. Most tax books are purchased because people want to know how to save on their tax bill. They want to know what they can deduct and what credits they can take. Unfortunately, the current set of available books forces readers to sort through large amounts of irrelevant material only to find incomplete answers to their questions. Millions of Americans underpay their tax bill by a large amount. Why? They are simply too confused by the law to take advantage of all the deductions and credits available to them. JK Lasser's 1001 Deductions and Tax Breaks 2008 will strip out all of the tax rules and strategies that don't concern these readers and will answer their questions in a comprehensive and straight-forward manner.

Author Biography

Barbara Weltman is an attorney and a nationally recognized expert in taxation for small businesses, as well as the author of several top-selling books on taxes and finance. She is also an experienced writer and has been featured in many media outlets, including the Wall Street Journal, Inc.com, Bloomberg TV, CNN, and CNBC. Sign up for her free e-newsletter and daily tips at www.barbaraweltman.com.

Table of Contents

Introduction

You and Your Family

Medical Expenses

Education Costs

Your Home

Retirement Savings

Charitable Giving

Your Car

Investing

Travel

Entertainment

Real Estate

Borrowing and Interest

Insurance and Catastrophes

Your Job

Your Business

Miscellaneous Items

Items Adjusted Annually for Inflation

Checklist of Nondeductible Items

Index

Table of Contents provided by Publisher. All Rights Reserved.