Updates
Here are summaries of important legal or procedural changes that affect the latest edition of this product.
If you want to check on the accuracy of any other information in the book, please follow the legal research
instructions in the book or in Nolo's research manual, Legal Research: How to Find and Understand the Law.
What's New in the 7th Edition of Working for Yourself
Overview of What's New
- All numbers and figures are updated according to current IRS guidelines.
- Includes a new discussion on businesses owned and operated by spouses.
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Updates the discussions on HSA, mileage rates, and retirement plan limits.
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Adds new information on how tax preparers handle tax returns.
Who Needs the New Edition?
You Don't Need the New Edition If:
you have the 6th edition and are confident that you can look up new IRS tax limits on your own.
You Need the New Edition If:
you are going into business for yourself for the first time.
Chapters Most Affected
Chapters 2, 4, and 8.
Forms That Have Changed
IRS Forms SS-4, 1096, and 1099.
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