Booklist states that the author, an attorney and CPA, sets out to address critical issues that affect small businesses and provides information to help solve problems, improve management skills, grow a company to the next level, improve decision making in business and tax matters and take advantage of legal and allowable tax deductions in order to minimize the tax bill. This information is important even if someone else is hired to prepare the company's tax returns. Tax forms are included for reference purposes.

The Bookwatch states that the book offers user-friendly tactics and strategies for small business owners in order to avoid the pitfalls associated with completing a 1040C. Complex concepts are presented in plain English that will be of immense benefit to any entrepreneur. Covered are such vital areas as: home office deductions, personal automobile, travel, entertainment IRS Tax Audits, Employee vs. Independent Contractor definitions, retirement plans, and an extensive glossary of tax terms.