{"product_id":"deducting-the-right-way-small-business-accounting-taxes","title":"Deducting The Right Way: Small Business Accounting \u0026 Taxes","description":"\u003cp\u003eIn this review of Deducting The Right Way: Untangling Small Business Accounting \u0026amp; Taxes the bottom line is clear: this is a practical, hands-on guide for small business owners who want to manage bookkeeping and taxes without costly mistakes. The authors draw on years of client work to show common pitfalls and actionable fixes, and the book's 2025 tax code and mileage updates make it timely for current filings. For anyone who runs a small business or sole proprietorship and wants to learn reliable, do-it-yourself financial practices, this book offers a grounded, experience-based approach.\u003c\/p\u003e\n\u003ch2\u003eKey Features\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eUpdated tax guidance:\u003c\/strong\u003e The book includes 2025 tax code updates so readers get current federal tax information relevant for recent filing years.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMileage rules refreshed:\u003c\/strong\u003e Practical mileage updates help owners track vehicle deductions accurately and avoid common audit triggers.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eHands-on bookkeeping advice:\u003c\/strong\u003e Step-by-step recommendations help small business owners create and maintain usable records without advanced accounting training.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBroad tax and management scope:\u003c\/strong\u003e Coverage spans federal and state income tax, business plans, and management accounting so readers see the full financial picture.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePractical planning and resolution tips:\u003c\/strong\u003e Real-world tax planning and tax resolution lessons reflect issues the authors encountered with clients.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAward-nominated background:\u003c\/strong\u003e The book's Author Elite Awards nomination signals recognition in the author community and editorial visibility.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eWho It's For\u003c\/h2\u003e\n\u003cp\u003eThis book is best for small business owners, freelancers, and sole proprietors who prefer to handle bookkeeping and taxes themselves and want to reduce rookie mistakes. It suits people who need clear, experience-driven guidance on federal and state tax basics and practical mileage and recordkeeping rules.\u003c\/p\u003e\n\u003cp\u003eIt is less appropriate for readers seeking advanced technical tax research, full professional tax software manuals, or certified practitioner study material; those audiences should consult specialized professional references or formal continuing education resources.\u003c\/p\u003e\n\u003ch2\u003ePros \u0026amp; Cons\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003ePros\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003ePractical, actionable guidance that reflects real client situations and common small business errors.\u003c\/li\u003e\n\u003cli\u003eIncludes 2025 tax code and mileage updates, making the material relevant for current filings.\u003c\/li\u003e\n\u003cli\u003eWide scope covering bookkeeping, tax planning, and basic management accounting to give small owners a complete picture.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eCons\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eNot a substitute for personalized professional tax representation in complex or contested matters.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eSpecifications\u003c\/h2\u003e\n\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003eTitle\u003c\/td\u003e\n\u003ctd\u003eDeducting The Right Way: Untangling Small Business Accounting \u0026amp; Taxes\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEdition\u003c\/td\u003e\n\u003ctd\u003eColorless edition with 2025 updates\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eContent focus\u003c\/td\u003e\n\u003ctd\u003eFederal income tax, state income tax, bookkeeping, management accounting\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAdditional topics\u003c\/td\u003e\n\u003ctd\u003eBusiness plans, tax resolution, tax planning, technology recommendations\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAuthors\u003c\/td\u003e\n\u003ctd\u003eThomas J. Williams, EA, USTCP; Iris K. Palma, JD\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAwards\u003c\/td\u003e\n\u003ctd\u003eAuthor Elite Awards nominee (Oct. 2020)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003ch2\u003eOur Verdict\u003c\/h2\u003e\n\u003cp\u003eFor small business owners who want to learn reliable, hands-on accounting and tax practices, this book is a solid value: it bundles updated 2025 tax and mileage guidance with realistic bookkeeping and planning advice drawn from client experience. It will save time and reduce mistakes for DIY entrepreneurs, though those with complex tax situations should still seek a licensed professional.\u003c\/p\u003e\n\u003ch2\u003eFrequently Asked Questions\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eDoes this edition cover the latest tax changes?\u003c\/strong\u003e\u003cbr\u003eYes, it includes 2025 tax code and mileage updates intended to keep guidance current for recent filing years.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eIs this book suitable for complete beginners?\u003c\/strong\u003e\u003cbr\u003eYes, it is written for owners with limited accounting background and focuses on practical, implementable steps.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWill this replace a tax professional?\u003c\/strong\u003e\u003cbr\u003eNo, it helps reduce common DIY errors but is not a replacement for professional representation in complex or contested tax matters.\u003c\/p\u003e","brand":"Thomas J. Williams, EA, USTCP, Iris K. 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