A while back I reviewed Eva Rosenberg’s book: “Deduct Everything” about how to save on taxes. Now I recently bought and finished “You Can Deduct That?” a book written by fifteen Certified Tax Coaches about how small business owners can increase deductions and save taxes. A friend and associate of mine, Amit Chandrel, who is a CPA as well as a CTC, wrote chapter 15. In fact, many of the CTCs writing chapters in the book are CPAs, Enrolled Agents, Chartered Financial Consultants, and one is a Certified Financial Planner.

Anyway, after reading the book I was impressed with the wide range of information available to help get more tax deductions and generate maximum cash flow for businesses, including:

1. Using the Affordable Care Act to create opportunities

2. Tax planning and income shifting

3. Hidden business deductions

4. Estate planning opportunities

5. Retirement planning

6. Real estate wealth generating strategies

7. Protecting yourself from an IRS audit

8. Ways to keep your hard earned money

..and much more including a comparison of business entities.

I would recommend this book to people who have a business and don’t feel they are getting enough cash flow through tax savings and the ability to take personal expenses and determine if there can be some business deductions there. The book is worth its price and it is definitely work checking out.

For financial, accounting and tax musings,