Table: Tax Pros' Picks
Who wants to spend hours reading about taxes? Not us. To spare you (and ourselves) those awful hours poking through dozens of new small-biz tax books and Web sites, we solicited reviews from folks who specialize in tax planning for small companies. Burlingame (Calif.) planner Barbara Steinmetz looked at three popular books, while Kent Noard, a San Jose (Calif.) planner, surfed three tax-related Web sites. Books PROS CONS Business Owner's Toolkit Tax Guide 2000, CCH/$17.95 Discusses capital Only first half of assets and depreciation. book geared to business Well-organized glossary. owners, mainly sole proprietors. Business Owner's Tax Savings and Finance Deskbook, Harcourt/$89 Most sophisticated of A serious book that makes for some group, especially tough slogging. coverage of investments. Handy CD-ROM. Tax Savvy for Small Business, Nolo Press/$29.95 Lightens a dry subject. Weak on expenses. Breezy style Best on how to classify sometimes obscures important independent contractors. details. Web sites ZDNet www.zdnet.com/filters/taxguide Thorough reviews on tax Lacks information on tax planning. software and Web links. Some info not updated to 1999. Best for do-it-yourselfers. IRS www.irs.ustreas.gov/prod/bus_info/sm_bus Comprehensive on tax laws. Hard to navigate. Generally, Helpful checklists, have to know exactly what you and easy access to forms. want to get it. INTUIT quicken.excite.com/small_business/taxes_and_accounting Best for planning and Active message boards are its related Web links. seductive, but beware heeding Helpful forms for basic strangers' advice. financials.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE