The Tax MiniMi$er™ fits neatly into your Daily Diary binder, making it easy and convenient to record your income, expenses and activities as they occur. 12 monthly inserts (with built-in receipt pockets) fold-out to reveal a spreadsheet type layout with headings that will prompt you to record all the data required by the IRS to document your tax deductions. Another 12 monthly inserts become your Vehicle-Use Log, also with built-in receipt envelopes.
The Tax MiniMi$er™ works perfectly with the Record Keeping software.Carry your Tax MiniMi$er™ with you all day, recording your business income and expenses as they occur. Then at the end of the day (or end of the week) enter the information into your Recordkeeping software. It's fits neatly as an insert into your day planner and incoporates:
A Vehicle Use Log
An Expense Recorder with integrated Receipt Envelope
A Business Income register
A Tax-Deduction Spreadsheet with headings that prompt you to remember and record every imaginable type of tax deductible expense.
The headings include the categories your tax pro will need to complete your tax return Schedule C.
Rented or Leased Equipment
Cash or Credit Card
Repairs & Maintenance
Inventory Purchased for Resale
Licenses & Business Taxes
Advertising (including ‘samples')
Travel & Lodging
Capital Expense (for depreciation)
Meals & Entertainment
Business Interest Expense In-Home
Legal & Professional Fees
All Other Expenses
Office Expenses & Supplies
Watch and See the Value of the Tax MiniMi$er System for Yourself
More than 30% of all eligible, legal tax deductible expenses are lost if the expenditure isn't recorded at the time the expense is incurred. Because we forget. That could mean thousands of dollars in lost deductions! You might think you can remember to record all of your deductible expenses but, as the cover of the Tax MiniMi$er™ says:
“A dull pencil remembers better than the sharpest memory.”