Tax time is over, but waiting to pounce again next year.
What are you going to do about it?
I had that same thought a couple of years ago when I
decided to take the plunge into the home business
arena.
I had heard about some of the tax benefits you can get
I had heard about some of the tax benefits you can get
by starting your own home-based business, but it wasn't
until I decided on a travel-based business that I really
saw the awesome power of that.
Just think about it.
As an employee:
• First you earn a paycheck
• Then you pay taxes
• Then you live on the rest
As a business owner:
• First you generate profits
• Then you live
• Then you pay taxes on what's left
And when you're living, you can deduct all sorts of
Just think about it.
As an employee:
• First you earn a paycheck
• Then you pay taxes
• Then you live on the rest
As a business owner:
• First you generate profits
• Then you live
• Then you pay taxes on what's left
And when you're living, you can deduct all sorts of
things for your home business, including computers,
phone, video equipment, perhaps a wardrobe, part of
your home, travel expenses, etc. etc. etc.
And if you're involved in a travel-related business like
And if you're involved in a travel-related business like
I am, you can even deduct vacations, travel
memberships, etc. if they're related to any business
activities (which they usually are).
The list is endless, and it's great to see what the IRS
allows (and even encourages) business owners to take
advantage of.
So think about it now.
Don't wait til next year when taxes roll around again.
Think about how you want to change your financial
So think about it now.
Don't wait til next year when taxes roll around again.
Think about how you want to change your financial
situation to avoid the taxing effect of too much taxes.
You'll get a headstart before anyone else.
You'll get a headstart before anyone else.
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