Taxes 2005 for Dummies

by David J. Silverman, Margaret A. Munro, Eric Tyson

Taxes For Dummies 2005 cuts that down to size and helps you discover how the tax system works and how to legally make it work for you. Legally is a key word. Written by Eric Tyson, MBA, financial counselor, syndicated columnist, and bestselling author, and David J. Silverman, EA, tax advisor, it shows you how, through careful planning, you can minimize your taxes and still sleep at night. Organized and indexed so you can find what you need and ignore...

• Format: Paperback
• Language: English
• ISBN: 0764572113
• ISBN13: 9780764572111
• Release Date: December 2004
• Publisher: Wiley Publishing
• Length: 534 Pages
• Weight: 2.10 lbs.
• Dimensions: 1.4" x 8.3" x 10.8"

Customer Reviews

Excellent, Especially the Advice on Dealing with the IRS

Easy-to-read, well organized, and thoroughly helpful. I recommend "Taxes 2005 for Dummies" to people who want to prepare their own taxes, either by hand or by computer. Excellent advice and strategies for dealing with the IRS. Table of contents lists each line of the tax form, making information easy to find. Provides instructions for the 1040EZ, 1040A and 1040. (Most books just cover the 1040.) Icons indicate tax-saving tips and warnings to keep you out of trouble. The writers have done an excellent job of turning IRS technical jargon into something we can actually understand. The only book that guides you step by step to dealing with the IRS. If you received a letter from the IRS, this book will tell you what the letter means, and how to respond to it. The authors even provide sample letters so you can respond promptly. The exceptionally well-written advice for dealing with the IRS is worth the price of the whole book. Information on reconstructing missing tax records is superb. The authors provide excellent suggestions for substantiating cost basis, business expenses, and fair market value. The book does not include tax forms, so you will need to obtain them elsewhere (library, post office, on the Internet).

Readable and Helpful

I purchased this book because I was using TaxCut Standard, which is not very helpful at times, and I got stuck on a particular form. This book helped me to understand the Individual 1040, using language that is more clear and personable than the official IRS instructions. Anybody who itemizes deductions, or who might do so in the future, will find _Taxes for Dummies_ extremely helpful. Plus, throughout the book, there are tips for handling personal finances. Most of these are geared toward the higher-income earner, but nearly everyone can learn from the tips about home ownership and retirement savings. The advice is sound. I strongly recommend this book as an aid for preparing one's own 2003 taxes.

Good no-nonsense guide to all sorts of tax situations

This book tries it's hardest to explain taxes in an easy to understand fashion for us normal people who don't have time to look through those extremely complex IRS instructions and other gibberish they give us taxpayers. The book does a pretty decent job of it too (however to accomplish that flawlessly, in my humble opinion, is impossible). Overall, any individual or small business that needs a few clues on how to do your taxes can benefit from this book. I can't wait for the 2001 edition to come out!

Simply, required reading for EVERBODY.

This book should be required reading for everbody--starting at the High School Level and adding it to the "reading list." This book helped me save about $20,000 over three years on my taxes. By helping you to understand the tax "system" you'll better appreciate why we pay taxes, how to pay them correctly, how to pay ONLY what you owe, and how to change your spending and savings habits to focus on the tax ramifications. It is written in PLAIN english. Simply superb. Simply the best book on the subject.

Haven't found a better tax book

From covering how audits work and how to deal with IRS letters to completing common tax forms to year round tax planning issues, this book covers it all. Individuals as well as people who need to explain taxes to the public will find this book to be an A+ resource.