Did you know that 1 in 4 Americans do not understand how taxes are done and about 60 percent of small business owners do not feel knowledgeable about accounting? Having a basic understanding of financial accounting is something that can have an impact on your life and in your business but people think it is too difficult a subject to tackle on their own.
In fact, there are many excellent accounting books out there that can offer a simple overview of tax accounting. Let us look at some of the best tax preparation books you can turn to for guidance.
- Accounting Books: Accounting for Non-Accountants
Accounting for Non-Accountants: The Fast and Easy Way to Learn the Basics by CPA Wayne A. Label is a book written for people who do not know anything about accounting. It provides an introduction to the subject, offering the basic concepts and introducing the reader to important terms and their definitions.
People who read this book will walk away having an understanding of governing bodies, terms, and best practices.
- How Much Does It Cost to Make a Donut?
How Much Does It Cost To Make a Donut? And Other Questions That Make Us Hate Accounting by Cassmer Ward is for people who want to learn about accounting without having to deal with lots of numbers and math as they learn. The author uses relatable stories to share accounting information and bookkeeping basics.
He uses a case study of a donut shop to illustrate his teachings, allowing you to get a real-world view of accounting and what small-business owners face. You can learn more about it at Cassmerward.com.
- Accounting All-In-One for Dummies
Accounting All-in-One for Dummies by Kenneth Boyd is an accounting class in book form. It is a package that offers nine books and access to online quizzes. For people looking for a comprehensive introduction to accounting, this is a good choice.
It is also required reading for those who are thinking about getting more involved in an accounting career because it offers an overview of accounting practices as well as a look at what it is like to be an accountant.
- 1001 Deductions and Tax Breaks
1001 Deductions and Tax Breaks by J.K. Lasser is for people who do not know the first thing about taxes. It shows you what deductions and tax breaks you may be eligible for but it also explains the different laws and how they have evolved, what kind of income is never taxed, how to read your financial records, and how to claim things correctly.
Give Yourself the Chance to Learn Accounting
Whether you are a business owner or someone who just wants to know how to get their financials in order, these accounting books can help. They can offer an overview of key concepts and strategies that can help you get ahead. Even if you do not know a thing about taxes or accounting, you can learn what you need from these engaging books.
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