Tax Strategies for the Small Business Owner

Russell Fox is an Enrolled Agent, a federally licensed tax professional. He s the founder and a principal at Clayton Financial and Tax and has been in the business since 1999. His tax practice (both preparation and representation) serves nearly 1,000 clients with emphases in small business and gambling. His tax blog, taxabletalk.com, has been named one of the ten best accounting and tax blogs. Previously, he was in financial and operations management for 15 years working in various industries, including agriculture, telecommunications, and high-technology. He s also the co-author of three books on poker. He resides in Las Vegas, Nevada.

• * The Business Entity * An Overview of Taxation * Before Your Business Opens * The Basics of Expenses * Cost of Goods Sold * The Office * The Car * Travel Meals and Entertainment * Fixed Assets and Depreciation * Other Deductions * Employees and Wages * Payroll * Taxes * Medical Expenses * Retirement Plans * Other Taxes *"Dear Valued Taxpayer": When You Hear from the IRS * Other Topics