Moneybags 101 addresses tax questions that every entrepreneurial should ask themselves. In an easy to understand format this book answers: What is the best business entity for my business? What is the difference between a business and a hobby? What are my tax obligations? How do I record my income and expenses correctly? What is the proper way to document my automobile expense? Can I claim a deduction for my home office and why is it important to have a great tax preparer working with you?