Thursday, October 8, 2009

Tax Benefits of a Home Based Business!


Your business is already paid for!

There are numerous tax breaks available for your new home based business.

Now, we are not tax consultants so we can't give you specific tax advice but we can give you some great ideas about how to write this whole business off when you are working with your tax professional.

Before we go further we want to let you know that If you have a current job, by owning a home based business you can:

increase your take home pay by hundreds a month!

That's THOUSANDS per year.

Now you know what we mean when we say that "your business is already paid for"!

It Costs You MORE if you DON'T Look!

You can get specific advice from your tax professional. When you are talking to the tax professional make sure you ask about all the tax deductions available to you now as a new home based business owner.

Here are a few ideas about things you can expect to write off after the start of your new business:

a portion of your mortgage or rent
a portion of your utility bills
a portion of your phone bill, long distance, and cell phone bill
a portion of your internet service fees
any monthly fees for your home based business
mileage that you put on your car for business meetings
business lunch meetings or client entertainment
any advertising fees
business travel

and pretty much any other expense generated by your business

The list of deductions for your business is enormous, which means that when your taxes are done right this business can be operated risk free!

What is most important for you to understand is this:

A business gets to reduce its income by subtracting the EXPENSES before the TAX rate is applied! A business pays tax on income after expenses!

Here's the good news!

Every Employee CAN Enjoy the TAX Benefits of the Business TAX System. When you start a home business, you are a business in the eyes of the IRS! And the US Congress has provided every small and home business with the TAX advantages enjoyed by all business.

When you own a home based business, you can legally CONVERT many of your personal expenses into business expenses. By doing this, you lower your tax bill and keep more of the money you make......from your business and FROM YOUR JOB!

TAKE CHARGE OF YOUR FINANCES!!!

You NEED a HOME BASED BUSINESS!!

Start being paid what you are worth!

Quit trading time for money and making your boss rich!
We've done all the homework! The rest is up to you!

"If you keep on doing what you’ve always done,
you’ll keep getting what you’ve always got."

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