Taxation Law Books

This book is clear, concise, understandable and even funny at times. The authors have done an incredible job of taking a very complicated topic and making it understandable for a lay audience. At the same time, they avoid talking down to the reader.

Personal Bankruptcy for Dummies is, first and foremost, a very useful tool for anyone even thinking about bankruptcy. It answers all the questions without preaching or browbeating. It ought to be read by every potential bankruptcy client before they meet with a lawyer.

This tome is an absolute godsend for those who are considering filing for bankruptcy yet may not know much about the process. This book covers all the bases concerning Chapter 7 and Chapter 13 bankruptcy filings. From common mistakes and misconceptions to the highly specific legalese of bankruptcy law, this book addressed nearly every one of my concerns about this complex and emotionally challenging process. I opened the front cover a bankruptcy know-nothing and set it down feeling like an attorney.

This is not a DIY guide to financial rebirth (in fact the authors highly discourage this), but more of an "Everything-You-Ever-Wanted-to-Know-About-Bankruptcy-but-Were-Afraid-to-Ask" reference. The authors do not delve into the minutia of the process. They seek to be more like tour guides, leading you through the perilous wilds of US bankruptcy law with their collective wealth of knowledge on the subject. I found more useful information in the first 10 pages of this book than I did in six hours of web-surfing.

The most superlative compliment I can bestow upon this volume is that it helped to allay my fears and crystalize my plans for my financial future.

Jim and John have a wonderful way of making you feel like you're sitting down at your kitchen table with a bankruptcy attorney who only has your best interests at heart. They don't pull any punches, and sometimes what they tell you isn't what you really want to hear, but you know they're giving you solid advice. Your anxiety level will plummet if you are thinking of filing bankruptcy and are looking for someone to hold your hand through the process.

Paula Langguth Ryan, Author, Bounce Back From Bankruptcy, 3rd Edition

Good book although some aspects are very general. See also Surviving Financial Disasters By Tiffany R. Love it comes with a CD ROM.

Very solid, down-to-earth advice, and they make you feel a little bit better about yourself.

Deaths, accidents and collisions and sinkings at sea are not viewed by U.S. Courts with laws that confine the everyday civil, criminal, commercial, or real estate business of this country. Like the sea itself, U.S. Maritime Law is a collection of interconnected forces that one must navigate to pass.

Thomas J. Schonenbaum helped my family understand and navigate the legal proceedings after my son's death at sea.

Schoenbaum's Hornbook on Admiralty is indispensable from the point of view of this maritime practitioner. It is much better than the other Hornbook available - and so far beyond other guides that it's not even worth looking at anything else. If you need a sound reference on such an esoteric subject, this is the one to get.

Customers should be aware that the Pocket Part used to bring this volume current is not included in the sale. You would be better off ordering this book directly from the publisher, West Group, if you want a law book that is current, at no additional cost, at the time of sale.

Have a maritime matter come across your desk? Where to begin research into a pesky and ancient area of rather arcane law? Schoenbaum is IT. Cites cases, statutes, and explains basic admiralty law very well, so that the admiralty virgin will have no problem figuring out why there is no jury, how a ship can be arrested, and what the heck general average is all about.

This book was very informative, I own a Bankruptcy Petition Preparer Service. To broaden my expertise in Chapter 13, I purchased this book. With the information in this book alone, I am now able to expand my business by offering Chapter 13 service to Attorneys. Five Stars for this book.

The author did a good job organizing the information in this book.

I would also recommend Surviving Financial Disasters by Tiffany R. Love which comes with a CD ROM and actual sample court documents from someone who has been there and done that. Also tells what to expect after you filed your papers.

If you're behind on your bills and creditors are threatening, you can consider filing for Chapter 13 bankruptcy protection - and the 8th updated edition of Chapter 13 Bankruptcy will save you a fortune in attorney fees and confusion. Learn how to determine qualifications, understanding the law's protections, fill out and file forms, pay off debts and represent yourself in court: it's been completely rewritten to reflect the latest changes to federal bankruptcy law and includes all the latest facts, making this a top reference both for filers and for public library reference sections.

This book also showed me how to MOtions and I feel like I can now do a motion for anything. Another great one for nolo.

This product is great!!! The customer service was excellent, I received the book quicker than I thought. Great overall!!!

very informational in regards to current trends and new tax laws that will help for upcomming tax season. about 40% of our taxes are taken out might as well keep on top of what is tax deductible for future reference.

The Ernst and Young Tax Guide is a excellent reference book for professioinal tax preparers like myself, and for individuals seeking answers to federal tax questions. It is comprehensive and easy to understand. I would recommend it to anyone seeking tax info. Although there are other publications available to the public, I have found this one is the best. It mirrors the IRS publication 17.

"Ernst & Young Tax Guide 2007" is easy to use with many examples to follow when filling out the 1040 and subsequent forms. The 'white pages' gives you a draft view of each form which allows the user to see just where and how financial records are posted on the forms. This is a convenience so you don't have to go into the IRS website and bring up the form while reading directions or explanations from a large book held in your lap.
The blue information blocks give tips on saving taxes, organizing records to support deductions and problems to be aware of when claiming a specific deduction. The examples are simple and amounts are realistic for the average tax payer. They do not overwhelm the beginner who is opening and operating a new business.
This is an excellent guide to keep on your bottom shelf to use to plan your tax strategies and verify the records you are keeping are adequate. It makes no exaggerated promises which this reviewer finds refreshing.
Artists and authors are covered extensively under the section Self-Employed Entrepreneurs' Tax Guide, which is our major interest.
Nash Black, author of "Taxes, Stumbling Blocks & Pitfalls for Authors 2007."

Whether you are a professional financial planner or someone who just wants to know more about retirement planning, you will find something in this book for you.

In 200 pages, this book covers what you need to know about retirement planning with clarity and depth, including the new tax changes in 2001, the maximum contribution limits and deductibles for IRA and 401(k). In fact, most of the complex material is covered in just about 30 pages and yet it covers the same material with greater clarity than some of the other books who spend over 300 pages. For those who want more details, the book also includes worksheets for calculations. It also includes discussion of thorny issues like pension income, social security, and projecting 3 stages of retirement spending levels.

I would highly recommend this book.

I expected a typically, dry, boring book, but I was pleasantly surprised. It was well written and gave me insightful advice, including useful worksheets, tax advice, and many other ideas. I recommend it highly for anyone planning to retire.

As a longtime fan of Paul Westbrook's, and having benefited greatly from his advice, I'm admittedly biased in his favor. I can say with all honesty that this book is a thorough, well-written guide, easily accessible to the uninitiated. It should be a boon to anyone who wants to understand how to plan his or her financial future.

Whether you are a professional financial planner or just someone who wants to know more about retirement planning, you will find something in this book for you. In 200 pages, this book covers the material that some of the other books who spend far more pages could not have done. In fact, the really complex material is covered in just about 30 pages and it takes some of the other books almost 300 pages to cover the same thing.

This book tells you exactly what you need to know, including the updates from the tax law in 2001 and how it impacts retirement savings. All the confusion with the maximum contributions and deductible limits with IRA and 401(k) are all explained. But it goes beyond that to include actual worksheets for those who want more details. It also explains some of the more thorny issues like Pension income and the 3 stages of retirement spending levels.

Overall, I would highly recommend this book.

We are all slaves to the system, loosing about 1/3 of our income to taxes, but a growing number of people are breaking free of big government. Legal Offshore Tax Havens: How to Take Legal Advantage of the IRS Code and Pay Less in Taxes tells exactly how to stop Big Brother from fawning over every penny you earn.

Jesse Schmitt, a big believer in individualism, answers questions about travel, relocation, foreign banks, and global investing. He discusses both the benefits and the risks of legally avoiding taxes.

The book overviews many island tax havens, a few places in Africa, and several familiar and not-so-familiar countries in Europe. There is even a state in the US where citizens can generate tax-free income. The appendices offer lists of helpful organizations and banks in the Bahamas, St. Lucian, the UK, and Switzerland.

Legal Offshore Tax Havens: How to Take Legal Advantage of the IRS Code and Pay Less in Taxes is not for people who clock 40 hours a week, take their paid vacations, and expect retirement to begin the moment they turn 62 and a half. Creating an offshore tax haven requires self reliance and an adventurous spirit. This book is perfect for those with loose ties to family and country who are tired of paying into a system that punishes the industrious and rewards the lazy.

If your idea of the American Dream involves working at the same place, scraping by for 40 years, and retiring with a heavily taxed fixed income, do not read this book. However, if you feel taxes are unfairly blocking your ability to amass wealth, or if you plan on working in a foreign country anytime soon, you must read Legal Offshore Tax Havens by Jesse Schmitt

With astounding knowledge of tax laws in nations most Americans don't even know exist, Schmitt provides information for individuals seeking tax relief. Before addressing specific tax havens, Schmitt gives an overview explaining what tax havens are, their benefits and risks, and common misconceptions. He also comments on various global investments, including real estate, capital investment, and offshore banking.

The author contends Legal Offshore Tax Havens was written for those who work and live in a foreign country or for those who make money globally with no intention of leaving the U.S. However, with the exception of a very useful section on taking advantage of the IRS's Foreign Income Exclusion Deduction, most of the book deals with becoming a foreign resident or ex-patriot.

Regardless of your personal feelings about taxes (I'm guessing you don't like paying them either), Legal Offshore Tax Havens will make you a more informed (non) taxpayer.

While many view taxes as unavoidable in a civilized society, Jesse Schmitt, author of Legal Offshore Tax Havens brings the dream of tax-free living within reach. In this thoroughly researched guide, Schmitt carefully reveals the tax-free living potential of numerous locations such as the U.S., Canada and the U.K. including all the countries, continents and islands in between.

This text serves as a manual for anyone legally looking to minimize or eliminate his or her personal and business tax burden. Schmitt even describes the ideal candidate for this venture and closely reveals the advantages and disadvantages of taking such an action. He clearly defines the difference between tax evasion and tax avoidance in terms of their legality and the penalties for not playing by the rules.

The author scrutinizes each potential tax haven based on political, economical, cultural and physical climate. Designed to be the starting point of your research, this manual provides many suggestions and additional contacts to further your investigation.

Whether you are looking to travel, establish a foreign business, retire, invest or leave the suffocating pressure of your home country's tax policies behind, Legal Offshore Tax Havens offers solutions and advice that insures the transition takes place successfully.

Tired of 1/3rd of your paycheck being taken by the government? Do you see people around you living the American Dream because they were born in the right income bracket making them entitled to tax breaks and wonder why not you? Well don't let the government take your money anymore, read this book on Legal Offshore Tax Havens and find a way to keep Uncle Sam's fingers out of your wallet.
This work espouses the philosophy that paying taxes is something people do simply because they don't know how to legally avoid doing so. I can't say I disagree. If I were given the choice to simply not pay taxes I would certainly take it, and I don't think there are many people out there who wouldn't. Most people hear a few things about offshore accounts and tax havens in reference to multi-billionaires and their personal fortunes and immediately assume that because their own income is much lower that they could not benefit from these same institutions. This is not true. There are many misconceptions involving the creation of an offshore account, how they work, and who is eligible to use them. This book does a great job of explaining the concept as well as allaying suspicion and misunderstandings.
Essentially it involves applying for and obtaining dual citizenship with one of the listed "tax haven" countries. The term "offshore account" or "tax haven" are misnomers from a time when there existed a loophole in the US tax code which stated income being held outside of the country's boundaries i.e. in international waters, which is anywhere more than twenty miles offshore, was tax exempt. Since then revisions have been made to the tax code which has closed this loophole, though the names still exist. The terms now refer to holding your income in another country in which you possess tax exempt status.
This book does a fine job of outlining the principles behind this as well as different methods of legally holding your money where the US government can't touch it depending on your needs and financial situation. Of course whenever you attempt something like what this book proposes it is important to consult an accountant to ensure you have all the right paperwork filed and are obeying all the statutes to avoid the possibility of fines.
I give this book 5 out of 5 stars. It is well written and easily understandable, even to the layman who may have little to no experience with tax law and protocol. It clearly defines all terminology used and the theory behind the procedures listed. You will find a clear list of steps required for each possible way of using a tax haven, complete with paperwork as well as addresses for hundreds of legal banks, firms, and tax associations throughout the world which can help you. This includes the names and phone numbers of the specific people you would need to speak to. I'm amazed that the author took the time and did such a thorough job as to include information on hundreds, if not thousands, of people that can be of help to you worldwide. It's just one reason I would suggest you definitely give this book a read.

This book is a carefully researched guide for anyone who is looking for a way to establish a lifestyle that includes a comfortable living along with potential international adventure and excludes high taxes. The author provides information on dozens of nations that offer tax incentives to offshore corporations. This is not a get-rich-quick missive, but is intended to give people with the notion to keep the money they earn the information they need to get started on establishing themselves in that position. The appendices are an exhaustive list of resources for the potential investor to use when starting out on his or her offshore adventure. Readers are encouraged to move forward with their offshore plans, but also cautioned to investigate everything fully and utilize the assistance of lawyers and tax professionals. The book is easy to read and understand even for someone without a background in finance or investing.

I really liked this book. Unlike books that talk only about financial privacy and tax havens, the author goes into issues of lifestyle privacy, health record privacy, insurance information, and mentions specific top quality banks and insurance firms that provide services offshore (with their contact information).

Perhaps most meaningful of all is that the author actually lives offshore, but is retired. So he writes about what he knows and practices, while so many so-called offshore books are written by American service providers who have something to sell you but don't actually live the lifestyle. This author has nothing to sell you, but lives the offshore life. He has been writing about these subjects for some 25 years -- I've read his 1970s books -- and most other books can't come close.

Consider, for example, a tiny nation, nestled in the mountains between France and Spain, with no army, no poverty, and no income taxes. Here, in what has been called "the shopping amll of Europe," you can enjoy a high-quality of life for much less than you'd pay in America. (Property taxes, for instance, are a maximum of $240 a year.) There's virtually no unemployment. And the crime rate is the lowest in Europe.

Or, there's America's largest trading partner, which UN economists have judged the best nation in the world in which to live and work. A land of wide-open spaces, low crime, a clean environment, comprehensive shopping, affordable housing, and excellent government services. (You can travel there without a visa, or even a passport.) And best of all, Americans who follow Starchild's recommended procedures can escape taxes altogether.

Or perhaps you'd prefer a small European enclave on the shore of a beautiful lake, with uncontrolled access to Switzerland and Liechtenstein (two great asset havens). As a resident, you pay no income tax or local tax. Municipal services are paid for by profits from the local casino. The region boasts lakes and winter sports, and is only an hour away from the cultural activities of Milan, Italy.

If you're a retired investor, author, musician, or inventor, you may qualify to reside in a unique Mediterranean island nation that's also a popular tourist destination. Your income from foreign investments or royalties is taxed at a low rate of only 5%.

There are also many beautiful sun-drenched Caribbean isalnds you could make your home.

Or, if you have a yearning to live at sea, Starchild tells you about using a yacht as your personal residential haven.

All these places are available to you. And many more besides. And you can find them all featured in Passport to International Living.

Owning property or a business outside the U.S. could become a private alternative to storing wealth in a foreign bank or securities account that has to be reported to the IRS. New regulations effective on January 1, 2001 require foreign banks to report U.S. securities owned by American clients.

Many US citizens now are seeking the American dream outside the USA. These people want what other Americans want: safe streets, good schools, friendly neighbors, rewarding work. The difference is that they are finding them in Canada, New Zealand, Mexico, Israel, Taiwan, and a growing list of other countries that are attracting record numbers of immigrants from the United States.

The United States has long been a promised land of opportunity, attracting more than 900,000 immigrants last year from all corners of the globe.

The flow of people is now no longer exclusively inward. An increasing number of Americans are looking abroad for the chance to live the kind of life they do not believe is possible in the US. Experts estimate that roughly 250,000 to 300,000 Americans move overseas each year. Of these, most are former immigrants returning to their native countries, but as many as 100,000 are native-born. Why are they leaving? The globalization of the world's economy and the breakdown of national barriers have facilitated a freer flow of goods, ideas, and people. Analysts view it as a major emerging trend of the 21st century.

Worldwide travel is faster, easier, and cheaper than at any time in human history. Telecommunications are rapidly improving, with advances in satellite technology and the growth of the Internet. Financial networks crisscross the globe. International opportunities for businesses and other endeavors are limited only by the scope of one's imagination. One sociologist who has studied Americans who leave the US has noted that the land of opportunity has now lost its borders.

Who is leaving? Students, employees, recent college graduates, businessmen, retirees, teachers, and entrepreneurs. Their ranks include most social categories, but the majority tend to be college-educated professionals. Why are they leaving? Some are looking for a slower, more peaceful pace of life. Others are seeking economic opportunities, fame, or adventure and believe it will be easier to obtain overseas. Some just want to get away. A small number of wealthy Americans leave to obtain a tax advantage. Others decide to move on because of what they view as the declining quality of life in the US. People applying to foreign embassies cite fear of crime, racial tensions, and the lack of morality in the US as reasons for their desire to leave the country. But the most important thing that all Americans would like to have is control and many people in the US feel they have lost control of their lives according to one expert who has studied the phenomenon of US citizens going abroad.

Currently, 3.2 million Americans are living abroad, up by more than 1 million in the 1990s alone, US State Department estimates show. The most popular destinations are also the closest. There are an estimated 627,000 Americans living in Canada and 550,000 Americans in Mexico. American emigration is not just confined to the Western Hemisphere. Countries ranging from Britain to Israel to Japan all boast large and growing numbers of Americans as year-round residents. The few exceptions to the trend include countries such as Iran and Libya, which are places where Americans feel less than welcome.

Aside from annual estimates by State Department personnel stationed around the world, there is no systematic US government effort to identify which and how many Americans are leaving the US. The State Department estimates are designed more to identify Americans who may need to be quickly evacuated from a country during an emergency, rather than to track the movements of US citizens. Americans are free to come and go from the US as they please and are not obligated to notify the government of their intentions.

Some observers are worried about the recent trend and warn that America may be in danger of losing its most productive and promising citizens in a US-version of the brain drain Britain experienced in the 1960s. Thirty years ago, many British scientists quit their homeland in favor of higher paying and better-equipped research jobs in the US. The same kind of economic migration of highly skilled Americans may now be under way, according to some analysts. According to one prominent university economist, it is the best and brightest, the innovators, who leave.

In the 21st century, countries will increasingly compete for the world's top talent. But many analysts argue the US has cornered the market and will continue to attract enough talented immigrants to more than compensate for any loss of American citizens. Other analysts point out that global migration will have another benefit as it will become a catalyst for international unity and peace. The kind of world we are moving toward is going to be shaped by a number of economic and political forces that will lead to a diminution of national borders and it is likely to offer more for the good than the bad.

One observer of the phenomenon of international immigration believes it will reduce hostilities and lessen the possibility of conflicts to have people of other societies enriching the society in which they move. This is the vanguard for the trend of the 21st century in the developed world.

It won't answer every possible question, but it answers the most important ones like:

-Does this apply to me?
-Is there a way to pay less taxes in Situation A?
-What are the tax implications of buying/selling/renting?

It's a handbook so you don't need to read front to back, just hit the sections of interest. I kept mine around to refer to and FOR tax time. I had some complex questions about calculating partial years' ownership for selling multiple personal residences within 2 years and it gave me everything I needed to arrange a tax plan. Always double checked w/accountant, but good to go.

Getting smart on taxes is the #1 way to improve your investment returns on real estate. This book is worth the investment.

This book is not meant to be read cover-to-cover. It would take a very patient and determined reader to go through every example and exception and tax detail. However, it is in these details that this book stands out. The language used is straightforward, the examples are well thought-out and realistic. Use the book more like a reference - go directly to the chapter related to your intended transaction; the chapters are quite self-contained.

I believe this book is a necessary addition to any real-estate investor's library. Spending 30 minutes reviewing the chapter related to your contemplated real-estate transaction will fill you with ideas for suitable tax strategies.

This Third Edition is a great book for all real estate investors, whether yoa are an agent or not. In fact I think that is more valuable for the knowledgeable investor. The author is a CPA and real estate broker, who has written a marvelous book relating the Federal Tax code to real estate applications. There are chapters on Personal Residence Exclusion of $250,000/$500,000, Capital Gains, and Installment Sales. you will find detail in this book that is not present in any other tax book for real estate investors.

There are 4 chapters on the Section 1031 Like Kind exchange alone. There are also 4 chapters on the Passive Loss Rules. In addition there are other chapters on Home Mortgage Deduction, Depreciation, and the Home Office. The text is easy to read and very informative. There are lots of Tips throughout all the chapters advising the reader of good things to do as well as inadvisable tactics. Dealer Status is covered all too briefly in my opinion, as I would have liked to seen more on that subject. I would also have liked to seen more on corporations and there is no mention of Limited Liability Companies. But despite these shortcomings the book is excellent and covers the topics in good detail. This is obviously a dry subject and reading the manuals and guidelines can sometimes give one a headache. But with this book no aspirin is needed. This book is a must for any serious real estate investor, whether you do your taxes yourself or hire a professional. This book should be required reading before you get your real estate investor secret decoder ring.

This 3rd edition of Vern Hoven's book is an excellent reference for real estate brokers and agents. I have given it as a Christmas present to all my agents. I have also alerted a client to a potential tax problem his CPA overlooked, but I recognized as a result of reading this book.

I have used this tax guide as the main reference in writing a continuing education course on the subject of IRS section 1031 tax deferred exchanges. Vern does the most thorough job of covering this subject that I have read.

Vern covers the timing and consequence of most real estate transactions. He also covers personal tax consequences, such as "office-in-home" rules, which apply to real estate agents.

I recomemnd this book highly in all the real estate courses I teach and sometimes use it as a prize in classroom games. Whether you are a real estate investor or agent you should read this book and keep it near your desk.

I was blessed with my first IRS audit in late 2007. Before the audit, I thought some preparation might be a good idea and being familiar with NOLO publications, I went to their site and found Daily's book, Stand Up to the IRS. I purchased the book and I found it to be an invaluable resource as I prepared for the examination.

Two things are emphasized in this work: 1. Refuse to be a doormat for the examiner and 2. Perseverance eventually pays off.

The book is also extremely valuable if you have not had the pleasure of an IRS examination - it gives great information in making your records examination ready.

The results of my examination were better than could be expected. I wholeheartedly recommend this book.

HJE

My tax law practice if focused in the area of Estate Tax Planning and Asset Protection. I have very limited experience in representing any clients before the IRS. But while reading Stand Up to the IRS I began to think that it seemed like a pretty fun thing to do--yes I am a tax nerd. Seriously though, anyone who maybe faced with a tax controversy should read this book, even if you are going to hire an attorney. Not only will you save money on attorneys fees, but you will have a much better understanding of the process and will be able to discuss the issues intelligently with your lawyer--if he is a good lawyer he will appreciate that, if he does not get a new lawyer, or maybe just go back to Mr. Daily's book and do it yourself.

Marty Burbank, Esq.
Estate Tax Planning & Asset Protection
marty@martyburbanklaw.com

I didn't intend to stand up to the IRS but had to due to circumstances beyond my control. Daily's book gives a comprehensive look at what constrains the IRS and what sort of leeway a taxpayer. What I found to be of the most value, though, was his simple explaination of complex circumstances. Daily breaks down various tax problems and solutions and suggests ways to prevent having the IRS resort to putting a lean on your home, etc.

I'd highly recommend Daily's book as it has the insider perspective that a taxpayer needs but the dose of reality to prevent a false sense of security when negotiating with the IRS. Daily provides perspective as to what will work in your favor and what you can do to prevent yourself from working against yourself.

"Stand Up To The IRS" (SUIRS) is an absolute, no-question, don't even think twice, must-have for any taxpayer's household financal tool drawer. Clearly written and presented in short, bite-sized chunks by a successful longtime tax attorney who has been through it all many times, SUIRS is an impressively inclusive text that can go a long way toward leveling the audit playing field for taxpayers -- if not outright tipping it in their favor. Loaded with sample forms, letters and where-to-find-it tables, this book earns its cover price in the Index alone. If the location of the answer to your question isn't in there, you're probably not asking it correctly. And if you ever do get audited, Chapter 16 ("The 25 Most Frequently Asked Questions") will probably do more to calm your nerves and help you rest than any sleeping pill will. Mom and dad never taught you this stuff when you were growing up, because they didn't know it. So be a good son or daughter and give them their own copy. Besides, it just might come in handy some day, as described in chapter 9 ("Family, Friends, Heirs and the IRS").

I found this book to be very straight forward with excellent examples detailing the concepts discussed. Makes usually dry reading very interesting. Only wish is it explored even more complex tax issues that are "outside" the scope of this book. Thanks!

This book is an invaluable resource for any entrepreneur. Tax law is confusing, and the book provides clear guidance on how to keep more dollars in the bank.

Tax attorney Frederick W. Daily provides the 10th updated edition of TAX SAVVY FOR SMALL BUSINESS, which packs in the latest tax updates and details on deductions, ownership structures, IRS bookkeeping requirements, and more. It combines a complete strategy approach with insights no business, whether big, medium or small, can afford to miss.

I just set up an LLC and wanted a general education. This is one of several books I bought. It is the best of the bunch. Great explanations and insights by a guy who has been involved with tax audits and has a good idea of what flies with the IRS and what does not.