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Product details
File Size: 16533 KB
Print Length: 896 pages
Publisher: Wiley; 1 edition (December 6, 2018)
Publication Date: December 6, 2018
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B07L8QJ4T2
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Amazon Best Sellers Rank:
#40,491 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
IRS no longer makes available their Pub. 17, therefor this publication, is very large, (862 pages) and fills the gap in helping taxpayers understand and fill out their tax reporting. IRS loves to collect taxes, but they sure don't help very much efforts to understand and prepare the required documentations. Lasser's Tax books are a big help for individuals who prepare their own tax submissions
I'm a CPA in public practice. I prepare tax returns and field questions. The CPAs I office with have copies of the book throughout their firm. When I asked questions or when they were asked questions by colleagues, JKL was one of first sources referenced. My tax library is used for the complex questions; JKL, for the simple issues. Frequently clients ask questions which would take pages of e-mail text to answer. I copy the relevant pages in JKL, scan, and send the answer. My "research" starts with the table of contents - in a few pages I know the chapter where the topic is discussed. The index is very well done. JKL is a great resource.
*Note: This is specifically for the Kindle edition. I own a kindle fire 1st gen.The book itself--meaning the content--seems fantastic. The problem is that the Kindle edition leaves something to be desired. Unfortunately, the tables are a little bit off and for some reason I have to swipe through the same page more than 10 times to get it to move to the actual next page. The first time it did this, I thought, "Meh...these things happen in book conversions." But, this multi-swiping of pages has happened roughly six or seven times already, and I'm only on the third chapter. It has made reading the book a bit of a chore, something that I'm sure the author never intended. It is probably a better idea to get the old-fashioned paper copy until this gets worked out. I do believe it is worth investing in the book. In the meantime, I'm hoping Amazon will allow me a paper copy.
I bought to this to use for an enrolled agent online CPE course, it was the first time I purchased one of these books and it was quite good. I used to get the Pub 17 free from the IRS office each year, but they quit printing them out and only have the online version, and to me the book is more convenient to use. Next year I plan on getting the small business income tax edition.
I'm an internet guy for most things, but it's great to have a printed reference for taxes. This guide has everything I could possibly want as a general reference. I have a medium-complicated tax situation and this guide has already paid for itself with the explanations it has provided me. It probably would be worth buying every year, but I only plan on buying a huge guide like this when there are major changes like there were with the 2018 tax year. The free IRS bulletins actually do a good job of covering changes in the years in between. This year, this is a must-have.
I would never consider doing my taxes or even having them done by someone else before I have read the newest edition of J. K. Lasser's Your Income Tax every year. I use Turbo tax, but you need to understand exactly what you are doing so that you get all your benefits and understand what you putting down. It is more important right now than ever before because the tax laws have gotten so hard to understand and so messed up that you can trip up and make a mistake very easily. There are even inconsistencies in the laws so that you need at least one excellent book to understand what you want to do and what you do not want to do.
I've been buying Lasser's guide to taxes for many years. I looked forward to this addition because of major changes due to the 2017 Tax Cuts and Jobs Act. As usual, they have clear and fairly easy instructions to fill out your tax forms. If the Dems (and some Conservatives) get their wish to hike income taxes to 50-70%, it'll be time to get a new Lasser's. Updates are available throughout the tax year.
The best tax book on the market. I have a practice for 41 years and this book never quite on you. Great resource.
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