Make 2008 the year you pay zero taxes!

. .

Fully updated to include all the latest tax law changes, How to Pay Zero Taxes outlines the easiest, most practical strategies you can use to lower your taxes this year, next year, and beyond. From converting personal expenses into business expenses to avoiding or surviving an IRS audit, Jeff Schnepper’s guide comprehensively covers more deductions than any other tax book, all conveniently organized in six fast-access categories: exclusions, credits, �above-the-line� deductions, �below-the-line� deductions, traditional tax shelters, and supertax shelters.

. .

In the 2008 edition you will find coverage of:

. .

.
• The new 2007 tax laws.
• Credits and deductions for higher education expenses.
• The special capital gains and dividends rules.
• Increased dependent care and �kiddie� tax credits.
• Coverdell Education Accounts for elementary and secondary school expenses.
• Increased IRA and retirement plan limits.
• Home equity loans.
• Real estate trusts.
• Theft and casualty losses.
• Educational and ROTH IRAs.
• Divorce and separation costs.

.

Jeff A. Schnepper is the author of several books on finance and taxation, including How to Pay Zero Estate Taxes and all twenty-four previous editions of How to Pay Zero Taxes. He is a financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper is Microsoft’s MSN MONEY tax expert, an economics editor for USA Today and is tax counsel for Haran, Watson And Company.

While many small business owners seek to improve their bottom line, few realize all the ways that tax laws can help them do so. J.K. Lasser’s Small Business Taxes 2009 gives you a complete overview of small business tax planning in an accessible manner. Focusing on strategies that help you use deductions and tax credits effectively, shield business income, and maximize other aspects of small business taxes, this valuable guide will show you how your actions in business today can affect your bottom line from a tax perspective tomorrow.

Tax/Personal Finance

The tax facts and strategies thatevery small business owner needs to know

Owning a small business is a big responsibility. While many small business owners seek to improve their bottom line, few realize all the ways that both current and new tax laws can help them do so. With J.K. Lasser’s Small Business Taxes 2009, you’ll quickly discover how.

Written in a straightforward and accessible style, this reliable resource offers a complete overview of small business tax planning and provides you with the information needed to make tax-smart decisions throughout the year. Focusing on strategies that help you use deductions and tax credits effectively, shield business income, and maximize other aspects of small business taxes, this practical guide will show you how your actions in business today can affect your bottom line from a tax perspective tomorrow.

In this fully updated volume, you’ll find:

• Detailed coverage of the newest tax laws and IRS rules

• Planning strategies that can help you run a tax-smart business all year long

• Comprehensive information on each deductible expense, including dollar limits and record-keeping requirements

• Clear instructions on where to report income and claim deductions on your tax forms

• Help with state taxes and a guide to information returns you may need to file

• Sample forms and checklists to help you prepare for tax time

• Access to a free online supplement to this book, which contains up-to-the-minute tax changes

The best advice in tax savings for 25 years!

“If there’s a tax break allowed out there, it’s in here.” —New York Daily News

Completely up to date for 2009, this tax guide focuses on saving money on taxes, not on filling out forms. From converting personal expenses into business expenses to avoiding or surviving an IRS audit, How to Pay Zero Taxes, 2009 Edition, comprehensively covers more deductions than any other tax book, all conveniently organized in six fast-access categories: exclusions, credits, “above-the-line” deductions, “below-the-line” deductions, traditional tax shelters, and supertax shelters.

Jeff A. Schnepper is the author of several books on finance and taxation, including How to Pay Zero Estate Taxes and all twenty-five previous editions of How to Pay Zero Taxes. He is a financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper is Microsoft’s MSN MONEY tax expert, an economics editor for USA Today and is tax counsel for Haran, Watson & Company.

America’s number one bestselling tax guide offers the best balance of thoroughness, organization, and usability

For over half a century, more than 39 million Americans have turned to J.K. Lasser for easy-to-follow, expert advice and guidance on planning and filing their taxes. Written by a team of tax specialists, J.K. Lasser’s Your Income Tax 2010 includes all the outstanding features that have made this book the nation’s all-time top-selling tax guide.

As an added value, you can gain direct access to dozens of bonuses through jklasser.com, including links to the latest tax forms from the IRS, up-to-the-minute tax law changes, small business help, and much more. The book of choice for today’s serious taxpayer Your Income Tax 2010 contains

• Over 2,500 easy-to-use tax planning tips and strategies
• Easy-to-understand coverage of the year’s tax law changes
• Filing tips and instructions to help you prepare your 2009 return
• Quick reference section that highlights what’s new for 2009
• Quick topic index to help pinpoint the biggest money-saving deductions
• Advice for customers whose use software or CPAs to file their taxes

Filled with expert advice and guidance, J.K. Lasser’s Your Income Tax 2010 will help you plan and file your 2009 tax return in the most efficient way possible.

J.K. Lasser’s

Celebrating Over 70 Years of Saving You Money

Your Income Tax 2010

For Preparing Your 2009 Tax Return

#1 Bestseller

“Rated #1 . . . Excellent.” —USA Today

Get your FREE J.K. Lasser Tax Supplement only available at JKLasser.com

Go to JKLasser.com for the latest tax news, helpful commentary on today’s economy, usable forms and links to the IRS, tax calculators, and more!

Over 39 Million Copies Sold

J.K. Lasser’s

The Most Trusted Name in Tax

For over 70 years, more than 39 million Americans have trusted J.K. Lasser to help them save money at tax time

J.K. Lasser can save you more money!

Visit www.jklasser.com today for:

• 365-day-a-year tax advice

• Tax planning strategies, whether you are ready to retire, buying a home, getting married, or planning your estate

• Interactive forms and tools

• Free tax supplement

• Added Bonus: sign-up for Free monthly e-mail tax updates

Easy-to-Use Format Explains Complex Tax Laws

Filing Tips And Filing Instructions help you prepare your 2009 return

Planning Reminders highlight year-end tax strategies for 2009 and planning opportunities for 2010 and later years

Cautions point out potential pitfalls toavoid and areas where you might expectIRS opposition

Law Alerts indicate recent changes in the tax law and pending legislation before Congress

Court Decisions highlight key rulings from the Tax Court and other federal courts

Irs Alerts highlight key rulings andannouncements from the IRS

Basics of Filing (Chap. 1)

including:

Which form to file – Chap. 1

Filing for your children – Chap. 1

Filing as Head of Household – Chap. 1

Filing for married couples – Chap. 1

What Must You Report as Income? (Chaps. 2–11)

including:

Fringe Benefits – Chap. 3

Traditional & Roth IRAs – Chap. 8

Capital gains & losses – Chap. 5

Rental Income – Chap. 9

What Deductions Can You Claim? (Chaps. 12–21)

including:

Moving expenses – Chap. 12

Charitable deductions – Chap. 14

Casualty Loss – Chap. 18

Who is a dependent? – Chap. 21

How Much Tax Do You Owe? (Chaps. 22–27)

including:

The AMT – Chap. 23

Personal tax credits – Chap. 25

Your child’s tax – Chap. 24

Estimated taxes – Chap. 27

Strategies to Save You Taxes (Chaps. 28–39)

including:

Tax-free residence sales – Chap. 29

Armed forces rules – Chap. 35

Investing in securities – Chap. 30

Planning Ideas for Your Business (Chaps. 40–45)

including:

Home office deduction – Chap. 40

Auto expenses – Chap. 43

Keogh, Simple, or SEP – Chap. 41

Self-employment tax – Chap. 45Tax credits for education – Chap. 33

Now That You’re Done (Chaps. 46–49)

including:

Electronic filing – Chap. 46

IRS Audits – Chap. 48

Filing extensions – Chap. 46

Amended returns – Chap. 47

Find all of the following, explained in plain-English with no legal jargon:
The difference between deductions, exemptions, and credits
Itemized deductions vs. the standard deduction
Several money-saving deductions and credits and how to make sure you qualify for them
How to calculate your refund
How to know which tax forms to fill out
State income taxes
Alternative Minimum Tax (AMT)
Capital Gains and Losses

J.K. Lasser?s 1001 Deductions & Tax Breaks 2009 will help you take advantage of every tax break and deduction you may be entitled to. It’s clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained–along with the eligibility requirements for claiming the benefit–while planning tips and common pitfalls associated with the benefit in question are discussed in detail. New tax law alerts are also included throughout the book, so you can make the most informed decisions possible.

A straightforward guide to taking tax breaks and deductions

Completely revised to reflect important changes in this year’s tax laws, J.K. Lasser’s 1001 Deductions & Tax Breaks 2009 will help you take advantage of every tax break and deduction you may be entitled to.

This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained—along with the eligibility requirements for claiming the benefit—while planning tips and common pitfalls associated with the benefit in question are discussed in detail. New tax law alerts are also included throughout the book, so you can make the most informed decisions possible.

With this book as your guide, you’ll find deductions and tax breaks with regard to:

• You and your family

• Your home and car

• Your job or business

• Your investments and retirement savings

• Medical and dental expenses

• Health savings accounts

• Education costs

• Your charitable giving

• Casualty and theft losses

Packed with hundreds of updated deductions and credits, practical advice, and real-world examples, J.K. Lasser’s 1001 Deductions & Tax Breaks 2009 is a book every taxpayer should own.

Don’t forget to view the free online supplement to this book for up-to-the-minute tax law changes.

“Almost every American can get a raise of $3,000-$15,000 or more annually courtesy of the United States Government.”
-David D’Arcangelo, author of Wealth Starts at Home

“Will put thousands of dollars in your pocket every year and teach you, in clear simple steps, how to audit proof your records from the IRS forever.”
-Mark Victor Hansen, co-creator, #1 New York Times best-selling series Chicken Soup for the Soul®

The classic tax-relief guide–updated to help you save more than ever!

The amount Americans pay in taxes exceeds all other expenses combined. And with the economic downturn taking its toll on small businesses around the country, taxes are a greater financial burden than ever before. Lower Your Taxes-Big Time, 2009-2010 shows consultants, business owners, and contractors how to slash their tax bills by thousands.

Written by Sandy Botkin, CPA and former attorney for the IRS, this informative and engaging book explains how to

• Get a yearly subsidy of $5,000 or more back from the IRS
• Properly document your business deductions
• Avoid any future audits by the IRS
• Deduct the equivalent of your child’s education, braces, or wedding
• Take advantage of tax-free fringe benefits available to small businesses

Sandy Botkin, CPA, Esq., a former IRS attorney and CPA, is president of the Tax Reduction Institute. Through seminars, he has taught thousands how to save millions on their taxes.

The one-stop tax guide for the first-time or last-minute filer

Updated and revised for the 2008 tax year, Taxes 2009 For Dummies is the only tax guide on the market that walks readers through the major tax forms line by line, including the 1040 Schedules A through E. Filled with helpful tips and strategies for filing income tax returns accurately and on time, this book is aimed at individuals who want to do their own taxes without hiring a preparer. Financial expert Eric Tyson teams up with tax experts Margaret Munro and David Silverman to answer the most frequently asked tax questions in plain English.

Your plain-English guide to filing your own returns accurately and on time

Are you dreading tax season? Never fear — this bestselling guide takes you through the major tax forms line by line, explaining all the latest filing changes. Financial expert Eric Tyson and tax experts Margaret Munro and David Silverman answer all your tax-preparation questions, offer tax-planning advice, and show you how to legally reduce your taxes!

• Ready, set, file — assemble the tools you need to prepare your own return, select your filing status, and determine exemptions

• Tackle the various forms — from 1040EZ to Schedule E, understand how to fill out each form correctly and painlessly

• Comprehend all the tax law changes — understand child tax benefits, improved Health Savings Accounts, Alternative Minimum Tax changes, small-business perks, mortgage forgiveness debt relief, and more

• Negotiate with the IRS — decipher an assessment notice, survive an audit, fix common IRS mistakes, and locate missing refunds

• Clean up your own errors — amend a return, abate penalties or interest, and make the right moves when you can’t pay your taxes

Praise for Taxes For Dummies

“The best of these books for tax novices.”
— Worth magazine

“The most accessible and creative. It’s also the best organized.”
— USA Today

“Will make tax preparation less traumatic.”
— The Wall Street Journal

“Sound financial advice you can use throughout the year.”
— The Seattle Times

Open the book and find:

• How to itemize your deductions

• Hints for keeping good records and staying organized

• Smart year-round personal finance and tax advice

• Questions to ask a tax advisor

• Ways to maximize tax software and e-filing options

• How to file if you’re self-employed

• Tax tips for military families

• Tips for reducing your taxes and avoiding penalties

A straightforward guide to taking tax breaks and deductions

Completely revised to reflect important changes in this year’s tax laws, J.K. Lasser’s 1001 Deductions & Tax Breaks 2010 will help you take advantage of every tax break and deduction you may be entitled to.

This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained-along with the eligibility requirements for claiming the benefit-while planning tips and common pitfalls associated with the benefit in question are discussed in detail. New tax law alerts are also included throughout the book, so you can make the most informed decisions possible.

• Discusses deductions and tax breaks with regard to your family, home, car, job, investments, charitable giving, health coverage, and much more
• Packed with hundreds of updated examples, practical advice, and real-world examples
• Other titles by Weltman: J.K. Lasser’s Small Business Taxes 2010

J.K. Lasser’s 1001 Deductions & Tax Breaks 2010 is a book every taxpayer should own.

J.K. Lasser’s

1001 Deductions & Tax Breaks 2010

Your Complete Guide to Everything Deductible

Barbara Weltman

A straightforward guide to taking tax breaks and deductions on your 2009 tax return

Completely revised to reflect important changes in this year’s tax laws (including the American Recovery and Reinvestment Act of 2009), J.K. Lasser’s 1001 Deductions & Tax Breaks 2010 will help you take advantage of every tax break and deduction that you may be entitled to.

This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained—along with the eligibility requirements for claiming the benefit—while planning tips and common pitfalls associated with the benefit in question are discussed in detail. New tax law alerts are also included throughout the book, so you can make the most informed decisions possible.

With this book as your guide, you’ll find deductions and tax breaks with regard to:

• You and your family

• Your home and car

• Your job or business

• Your investments and retirement savings

• Medical and dental expenses

• Health savings accounts

• Education costs

• Your charitable giving

• Casualty and theft losses

Packed with hundreds of updated deductions and credits, practical advice, and real-world examples, J.K. Lasser’s 1001 Deductions & Tax Breaks 2010 is a book every taxpayer should own.

Don’t forget to view the free online supplement to this book at JKLasser.com for up-to-the-minute tax law changes.

America’s number one bestselling tax guide offers the best balance of thoroughness, organization, and usability

For over half a century, more than 39 million Americans have turned to J.K. Lasser for easy-to-follow, expert advice and guidance on planning and filing their taxes. Written by a team of tax specialists, J.K. Lasser’s Your Income Tax 2010 includes all the outstanding features that have made this book the nation’s all-time top-selling tax guide.

As an added value, you can gain direct access to dozens of bonuses through jklasser.com, including links to the latest tax forms from the IRS, up-to-the-minute tax law changes, small business help, and much more. The book of choice for today’s serious taxpayer Your Income Tax 2010 contains

• Over 2,500 easy-to-use tax planning tips and strategies
• Easy-to-understand coverage of the year’s tax law changes
• Filing tips and instructions to help you prepare your 2009 return
• Quick reference section that highlights what’s new for 2009
• Quick topic index to help pinpoint the biggest money-saving deductions
• Advice for customers whose use software or CPAs to file their taxes

Filled with expert advice and guidance, J.K. Lasser’s Your Income Tax 2010 will help you plan and file your 2009 tax return in the most efficient way possible.

J.K. Lasser’s

Celebrating Over 70 Years of Saving You Money

Your Income Tax 2010

For Preparing Your 2009 Tax Return

#1 Bestseller

“Rated #1 . . . Excellent.” —USA Today

Get your FREE J.K. Lasser Tax Supplement only available at JKLasser.com

Go to JKLasser.com for the latest tax news, helpful commentary on today’s economy, usable forms and links to the IRS, tax calculators, and more!

Over 39 Million Copies Sold

J.K. Lasser’s

The Most Trusted Name in Tax

For over 70 years, more than 39 million Americans have trusted J.K. Lasser to help them save money at tax time

J.K. Lasser can save you more money!

Visit www.jklasser.com today for:

• 365-day-a-year tax advice
• Tax planning strategies, whether you are ready to retire, buying a home, getting married, or planning your estate
• Interactive forms and tools
• Free tax supplement
• Added Bonus: sign-up for Free monthly e-mail tax updates

Easy-to-Use Format Explains Complex Tax Laws

Filing Tips And Filing Instructions help you prepare your 2009 return

Planning Reminders highlight year-end tax strategies for 2009 and planning opportunities for 2010 and later years

Cautions point out potential pitfalls toavoid and areas where you might expectIRS opposition

Law Alerts indicate recent changes in the tax law and pending legislation before Congress

Court Decisions highlight key rulings from the Tax Court and other federal courts

Irs Alerts highlight key rulings andannouncements from the IRS

Basics of Filing (Chap. 1)

including:

Which form to file – Chap. 1

Filing for your children – Chap. 1

Filing as Head of Household – Chap. 1

Filing for married couples – Chap. 1

What Must You Report as Income? (Chaps. 2–11)

including:

Fringe Benefits – Chap. 3

Traditional & Roth IRAs – Chap. 8

Capital gains & losses – Chap. 5

Rental Income – Chap. 9

What Deductions Can You Claim? (Chaps. 12–21)

including:

Moving expenses – Chap. 12

Charitable deductions – Chap. 14

Casualty Loss – Chap. 18

Who is a dependent? – Chap. 21

How Much Tax Do You Owe? (Chaps. 22–27)

including:

The AMT – Chap. 23

Personal tax credits – Chap. 25

Your child’s tax – Chap. 24

Estimated taxes – Chap. 27

Strategies to Save You Taxes (Chaps. 28–39)

including:

Tax-free residence sales – Chap. 29

Armed forces rules – Chap. 35

Investing in securities – Chap. 30

Planning Ideas for Your Business (Chaps. 40–45)

including:

Home office deduction – Chap. 40

Auto expenses – Chap. 43

Keogh, Simple, or SEP – Chap. 41

Self-employment tax – Chap. 45Tax credits for education – Chap. 33

Now That You’re Done (Chaps. 46–49)

including:

Electronic filing – Chap. 46

IRS Audits – Chap. 48

Filing extensions – Chap. 46

Amended returns – Chap. 47