Tax Advantages Of A Home Based Business
DID YOU KNOW? The average American family can get up to $5,000 back on their taxes simply by documenting their home-based business expenses! It’s true…and here’s how you can get your share, but first…
My personal tax story (short version): When I first started in the home based business industry, I was not aware of the tax savings that were available to me on a yearly basis. I was un-informed, un-educated and un-mentored. Basically, I threw $1000s of dollars away over the first 3 or 4 years because I did not know. At $5,000 per year, that equates to over $15,000. WOW!!!
Times have changed, the more you know, the more you grow. The Internet has changed the way we live in a tremendous way. I did not come up with these tax laws, this information can be found at www.IRS.gov (the Internal Revenue Services Official Website). All you have to do is the research, I am simply sharing information. In addition, ALWAYS consult a Tax Professional or CPA.
Examples of deductible expenses include (but not limited to):
- Vehicle Mileage
- Computer and related business costs (Internet and phone)
- Office Supplies
- Utilities
- Travel Expenses pertaining to your business (Coordinate your travel with business opportunities)
- Property Taxes
- Household Maintenance
- Entertainment & Dining Out
- Office Space used in your home based business
I am positive that the tax information that I’ve shared will benefit you. Become informed, educated and mentored. I highly recommend Dr. Ron Mueller’s Home Business Tax Savings Made Easy. Dr. Mueller provides an incredible learning center for the e home based business owner. You’ll receive tax tips, webinars and free downloads.
To your incredible success,

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