These are legitimate tax breaks...
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Authorized by Congress, |
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Published in the IRS Code, and/or
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Approved by Federal Tax Court Rulings |
Congress
passed these tax laws to encourage home-based
businesses because “Small business is the backbone
of the American economy,” according to President
George W. Bush.
The average
American who runs even a part-time home-based
business can now qualify for more tax advantages
than any other category of taxpayer,” according to
Ronald R. Mueller, author of the bestseller It's How
Much You KEEP, That Counts! Not how much you Make.
Why the big
tax breaks for home-business owners?
Because 70%
of the job growth is coming from small businesses,
and Congress is “betting” that some of us will hit
on a winner, strike it rich, and, then, pay a LOT in
taxes. Of course we won't mind so much if we have to
pay a lot in taxes if we're making a boatload of
profits, right?
You can even
qualify for these deductions retroactively! Most of
the tax deductions and write-offs now available to
taxpayers who run a small or home-based business,
also apply to the past three tax years. So if you
had a home-business in any of the past three years,
you could file an Amended Tax Return (Form 1040X),
and possibly get a Refund Check for THOUSANDS of
DOLLARS – plus interest!
What Can You
Write-Off?
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Thousands
of Dollars annually for: |
Business-use of your Cars or Trucks |
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Thousands
of Dollars annually for: |
Portions of your Rent, Home-Maintenance &
Repairs |
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Thousands
of Dollars annually for: |
Telephone, Gas, Electric, Water & other
Utilities |
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Thousands
of Dollars annually for: |
Non-reimbursed Medical & Health Care
Expenses |
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Thousands
of Dollars annually for: |
Hiring Your Own Kids to work in your
business |
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Thousands
of Dollars annually for: |
Cell phones, Sidekicks™, Blackberry's™ etc.
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Thousands
of Dollars annually for: |
Business Travel that might have been Family
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Thousands
of Dollars annually for: |
Vacations |
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Thousands
of Dollars annually for: |
Laundry, Dry Cleaning, Shoe Repair &
Clothing |
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Thousands
of Dollars annually for: |
Gifts, Meals, Entertainment & Recreation
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Thousands
of Dollars annually for: |
Marketing Tools, Supplies, Meetings &
Conventions |
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Thousands
of Dollars annually for: |
Furniture, Furnishings, Computers &
Equipment |
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Thousands
of Dollars annually for: |
LOTS & LOTS of OTHER business costs &
expenses ALSO! |
How
Hard is it to QUALIFY for these Tax Deductions?
| It's
easy!!! Just meet these four simple tests:
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1. |
Have a legitimate business
such as consulting, network marketing,
freelancing, child care, internet marketing,
direct sales, etc. |
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2. |
Prove you intend to make a profit
You do not have to actually make a profit
before qualifying to take these deductions,
but you do have to show you intend to make a
profit. |
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3. |
Work your business on a “regular and
consistent basis”
At least 45-60 minutes a day, 4-5 days a
week. |
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4. |
Document your business Income, Expenses and
Activity
Brief, hand written notes in a scheduling
diary is usually enough |
That's it!
If you meet those four tests, you probably qualify
for some big-time home-based business tax
deductions, which could reduce your taxes by
thousands of dollars every year, for the rest of
your working life!
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Oh! It Gets Even BETTER!
When
Congress approved these
tax breaks, they told
the IRS:
“Don't make people
wait until April 15th to
get their money back.”
As
soon as you add up all
of your tax savings, you
can visit your
employer's payroll
office to fill out a
short form that will
begin putting an extra
$300-$600 or more per
month in your take home
pay! What would it be
like to have $100 or so
extra cash in your
pocket every week, week
after week? And that's
just from the tax
savings! It doesn't even
include the money you'll
make in your home-based
business. |
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Get this book,
It's How Much
You KEEP, That
Counts!
Not How Much You
Make
|
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Printed
and
Bound
Version
Price:
$37.95
plus
$7.85
fees
(shipping/handling)
|
E-Book
Download
Version
Price:
$27.95
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$1.25
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