- ホーム
- > 洋書
- > 英文書
- > Personal Finance
Full Description
Hundreds of DEDUCTIONS, CREDITS, and EXEMPTIONS--updated for 2014!Completely updated for the new tax year, How to Pay Zero Taxes 2014 reveals all the secrets for keeping as much of your money as the law allows.How to Pay Zero Taxes 2014 provides simple strategies that are sure to save you money--this year, next year, and beyond. From converting personal expenses into business deductions to avoiding--or surviving--an IRS audit, Jeff Schnepper's guide covers more deductions than any other tax book, all conveniently organized into six easy-access categories: exclusions, general deductions, "below the line" deductions, traditional tax shelters, and super tax shelters.How to Pay Zero Taxes provides everything you need to know about:New tax laws--including the new surtaxes on earned and unearned incomeExemptions, credits, and exclusionsSpecial capital gains and dividends rulesIncreased IRA and retirement plan limitsJob hunting and relocation expensesTheft and casualty lossesChild care and elder careEducational and Roth IRAs
Contents
ACKNOWLEDGMENTS xviiCHAPTER 1Tax Insanity 1CHAPTER 2Is It Legal? 25CHAPTER 3How Our Tax System Works 31CHAPTER 4Exclusions-Tax-Free Money 37A Alternatives to "Earned Income" 391. Hospitalization Premiums 392. Group Life Insurance Premiums 403. Group Legal Services Plans 424. Accident and Health Plans 425. Employee Death Benefits 436. Merchandise Distributed to Employees on Holidays 437. "Expenses of Your Employer" 448. Meals and Lodgings 449. Employee Discounts 4610. Workers' Compensation 4611. "Cafeteria" Plans 4712. Dependent Care Assistance Program 4713. Employer Educational Assistance 4914. Employee Awards 5015. Clergy Housing Allowance 5216. Miscellaneous Fringe Benefits 52B Donative Items 5317. Gifts, Bequests, and Inheritances 5318. Scholarships and Fellowships 5419. Prizes and Awards 5620. Qualified Charitable Distributions (QCDs) 58C Investors 5921. Interest on State and Municipal Obligations 59D Benefits for the Elderly 6022. Public Assistance Payments 6023. Social Security and Other Retirement Benefits 6024. Annuities 6225. Sale of Your Home 66E Miscellaneous Individual Exclusions 6726. Carpool Receipts 6727. Damages 6828. Divorce and Separation Arrangements 7629. Life Insurance 7930. Qualified State Tuition (529) Programs 8131. Your Home-The Mother of All Tax Shelters! 9032. Disabled Veteran Payments 9433. Exclusion of Income for Volunteer Firefighters andEmergency Medical Responders 9434. Unemployment Benefits 9435. Homeowner Security 9436. Reimbursed Costs to Parents of Children with Disabilities 9537. Wrongful Conviction and Incarceration 9538. Restitution Payments 9539. Frequent Flier Miles 9540. Hurricane Sandy 9641. Cancellation of Indebtedness 96F Schedule of Excludable Items 96CHAPTER 5Credits-Dollar-for-Dollar Tax Reductions 99A Estimated Tax and Withholding Exemptions 100B Credits 10342. The Earned Income Credit 10343. Excess Social Security Tax 10644. The Child and Dependent Care Credit 10745. Credit for the Elderly or Permanently and Totally Disabled 113C Special Credits 11546. Work Opportunity Credit (Formerly Targeted Jobs Tax Credit) 11547. Welfare to Work Credit 11648. Research Tax Credit 11649. Orphan Drug Tax Credit 11750. Adoption Assistance 11751. Hope Scholarship Credit 11952. American Opportunity Tax Credit 12053. Lifetime Learning Credit 12154. Child Tax Credit 12155. Disability Credits 12256. Health Insurance Credit 12357. Saver's Credit 12358. Small Employer Credit 12459. Electric Vehicle Credit 12560. Credit for Residential Energy Efficient Property 12561. Energy Saving Home Improvement Credit 12662. Hybrid Vehicles Credit 12763. Telephone Tax Refund 12964. First-Time Home Buyer Credit 12965. "Making Work Pay" Tax Credit 13066. Plug-in Electric Drive Vehicle Credit 13167. Plug-in Electric Vehicle Credit 13268. Conversion Kits 13269. Treatment of Alternative Motor Vehicle Credit as a PersonalCredit Allowed against AMT 13270. Small Business Health Insurance Credit 13371. Foreign Tax Credit 133CHAPTER 6"Above the Line" Deductions 135A Deductions for Adjusted Gross Income 13972. Trade and Business Deductions 13973. Employee Business Expenses of Actors and Other Performing Artists 14074. Employee Business Expenses 14175. Alimony 14176. Interest on Qualified Education Loans 15077. Retirement Plan Payments 15078. Self-Employment Tax 20479. Health Insurance Deduction for Self-Employeds 20480. Moving Expenses 20581. Clean Fuel Vehicles 21282. Deduction for Qualified Higher Education Expenses-Tuition and Fees 21383. Legal Fees 21484. Classroom Materials 21585. Medical Savings Accounts (Archer Medical Savings Accounts) 21586. Health Savings Accounts 21787. Sales Tax Deduction on Motor Vehicles 219CHAPTER 7"Below the Line" Deductions 223A The Importance of Filing Status 224B Tax Planning with Itemized Deductions 22988. Medical Expenses 22989. Income Taxes 24490. Real Property Taxes 24691. Personal Property Taxes 24792. Interest 24793. Mortgage Insurance 26794. Charitable Contributions 26795. Casualty Losses 29196. Theft Losses 29597. Miscellaneous Trade and Business Deductions of Employees 30398. Job Loss Insurance 30399. Travel Expenses 304100. Transportation Expenses 309101. Meals and Entertainment Expenses 313102. Gifts 315103. Reimbursable Employee Business Expenses 316104. Educational Expenses 317105. Limit on Itemized Deductions 318C Schedules of Deductions 319106. Medical Deductions 319107. Deductible Taxes 320108. Charitable Deductions 321109. Casualty and Theft Loss Deductions 322110. Miscellaneous Deductions 323111. Employee Miscellaneous Deductions 323112. Investor Deductions 324CHAPTER 8Traditional Tax Shelters 327A Deferral and Leverage 342113. Real Estate 343114. Fees in Public Real Estate Partnerships 355115. Oil and Gas 356116. Equipment Leasing 365117. Single-Premium Life Insurance 369118. Cattle Feeding Programs 373119. Cattle Breeding Programs 375120. Tax Straddles 377121. Art Reproduction 379122. Noncash Gift Shelters 380123. Municipal Bond Swaps 381B How to Analyze a Tax Shelter 382124. Getting Out of the Tax Shelter 384125. Master Limited Partnerships 386126. Abusive Shelters 388CHAPTER 9Super Tax Shelters 391A Family Shifts 392127. Unearned Income of Minor Children 395128. Outright Gifts 399129. Clifford Trusts 404130. Interest-Free Loans 404131. The Schnepper Shelter: Gift Leasebacks 404132. The Schnepper Deep Shelter 410133. Family Partnerships 410134. Family Trusts 411135. The Schnepper Malagoli Super Shelter 412136. Employing Members of the Family 414137. Author's Delight 417B Running Your Own Business 417138. Your Home 420139. Your Car 434140. Meals and Entertainment 436141. Travel and Vacation 440142. Gifts 446143. Advertising 447144. Deductible Clothes 447145. Creative Deductions-Busting the IRS 447146. Medical Premiums 448147. Borrowing from Your Company 448148. Miscellaneous Corporate Advantages 451CHAPTER 10Investment Planning to Save Taxes 455149. Short Sales 461150. Broad-Based Index Options and Regulated Futures Contracts (RFCs) 462151. Wash Sales 462152. Premiums on Taxable and Tax-Exempt Bonds 463153. Original Issue Discount (OID)-Taxable Bonds 463154. Original Issue Discount (OID)-Tax-Exempt Bonds 463155. Market Discount 464156. Municipal Bond Swaps 464157. Employee Options-Nonqualified 465158. Incentive Stock Options 466159. Year-End Stock Sales 470160. Fund Strategies 471161. Dividends 471162. Tax-Exempt Income 475163. Old Prices 478164. Alternative Minimum Tax for Individuals 478165. U.S. Savings Bond Exclusion 492166. Madoff Losses 495CHAPTER 11Last-Minute Tax Planning 497167. Defer Taxes 498168. Accelerate Expenses 500169. Accelerate Special Deductions 501170. Dependents and Personal Exemptions 502171. Phase-out of Exemptions 506172. Timing Strategies 507173. Retirement Plans 508174. Individual Retirement Plans (IRAs) 508175. H.R. 10 or Keogh Plans 509176. Marital Status 510177. The Goldinger Deferral 510CHAPTER 12The Economic Growth and Tax Relief Reconciliation Act of 2001 513178. Marginal Rate Reductions 514A Individual Income Tax Rate Structure 514B Phase-out of Restrictions on Personal Exemptions 516C Phase-out of Itemized Deductions 517179. Tax Benefits Relating to Children 519A Increase and Expand the Child Tax Credit 519B Extension and Expansion of Adoption Tax Benefits 520C Child Care Credit 520180. Marriage Penalty Relief Provisions 520A Standard Deduction Marriage Penalty Relief 520B Expansion of the 15 Percent Rate Bracket forMarried Couples Filing Joint Returns 521C Marriage Penalty Relief and Simplification Relatingto the Earned Income Credit 523181. Education Incentives 523A Modifications to Education IRAs 523B Private Prepaid Tuition Programs; Exclusion from Gross Incomeof Education Distributions from Qualified Tuition Programs 524C Exclusion for Employer-Provided Educational Assistance 525D Modifications to Student Loan Interest Deduction 525E Eliminate Tax on Awards Under the National Health Service CorpsScholarship Program and the F. Edward Hebert Armed ForcesHealth Professions Scholarship and Financial Assistance Program 526F Deduction for Qualified Higher Education Expenses 526182. Pension and Individual Retirement Arrangement Provisions 527183. AMT Relief 535184. Health Insurance for Self-Employed 535185. Income Tax Treatment of Certain Restitution Paymentsto Holocaust Victims 535186. Estate, Gift, and Generation-Skipping Transfer Tax Provisions 536A Phase-out and Repeal of Estate and Generation-Skipping TransferTaxes; Increase in Gift Tax Unified Credit Effective Exemption 536B Expand Estate Tax Rule for Conservation Easements 539C Modify Generation-Skipping Transfer Tax Rules 539D Availability of Installment Payment Relief 539187. Sunset 541CHAPTER 13The Job Creation and Worker Assistance Act of 2002 545188. Bonus Depreciation 546189. Net Operating Losses 546190. Classroom Materials 546191. Electric Vehicle Credit 546192. Work Opportunity Tax Credit 547193. Welfare to Work Tax Credit 547194. Archer Medical Savings Account 547195. Liberty Zone Benefits 547CHAPTER 14The Tax Relief Reconciliation Act of 2003 549A Rate Reductions 550B The Marriage Penalty 551C The Alternative Minimum Tax 551D Child Tax Credit 552E Dividends/Capital Gains 552F Deduct Your SUV-Election to Expense 554CHAPTER 15Income Averaging and Hurricane Tax Breaks 559CHAPTER 162006 Tax Reform 565A The Tax Increase Prevention and ReconciliationAct of 2005 566B The Pension Protection Act of 2006 568C Tax Relief and Health Care Act of 2006 571CHAPTER 17Tax Reform, 2007-2008 575A The Mortgage Forgiveness Debt Relief Act of 2007 576B The New Debt Relief Act 576C The Economic Stimulus Act of 2008 578D The Heroes Earnings Assistance and Relief Act of 2008 582E The Housing and Economic Recovery Act of 2008 583CHAPTER 182009 Tax Changes 587196. "Making Work Pay" Tax Credit 588197. Reducing the COBRA Bite 589198. First-Time Home Buyer Credit Expanded 590199. American Opportunity Tax Credit 591200. Energy Credits 592201. Plug-in Electric Drive Vehicle Credit 592202. Plug-in Electric Vehicle Credit 593203. Conversion Kits 593204. Treatment of Alternative Motor Vehicle Credit as a PersonalCredit Allowed against AMT 593205. AMT Patch 594206. Earned Income Credit 594207. Child Tax Credit 594208. Section 529 Plans 594209. Unemployment Benefits 595210. Qualified Transportation Benefits 595211. Estimated Taxes 595212. Motor Vehicle Sales Tax 595213. Business Depreciation 596214. NOL Carrybacks 596CHAPTER 19More Tax Changes 597A The Hiring Incentives to Restore Employment (HIRE) Act of 2010 598B The Patient Protection and Affordable Care Act 599C Small Business Jobs Act of 2010 602D The Tax Relief, Unemployment Insurance Reauthorization,and Job Creation Act of 2010 604E American Tax Relief Act of 2012 610CHAPTER 20How to Avoid/Survive an IRS Audit 615APPENDIX ACost Recovery/Depreciation 723APPENDIX BBusiness Use of "Listed Property" 737APPENDIX CAuto Leases 749INDEX 815NER(01): WOW
