8/13/2019 Tax Benefits of Starting a Home Based MLM Business

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Tax Benefits of Starting a Home Based Business or STOP hating your money!

Tax, ugh! Tax planning makes most of our minds go numb. And paying taxes, well let'snot talk about that. Or maybe we should? Just for a minute, beause atually ha"esome good news for you. #o 'm not kidding! $ead on...

%ere's the part you know&

mployee's ()'s will be beginning to arri"e in mailboxes all aross the ountry. *eopleare being hit hard with the reality of how large a portion of their earnings are going toinome and other taxes.

%ere's something you may not reali+e no pun intended-&

The a"erage Amerian works until ay /th 0ust to pay their taxes. And many Amerians ha"e little or no sa"ings orin"estments for retirement.

And here's why '"e brought up this unomfortable topi at all&

nter the sa""y person who 0oins a network marketing business, or starts any home1based business this year. As ahome based business owner, many of the things you are paying for now, beome legitimate tax dedutions.

Things like&

2 3our omputer2 3our internet onnetion2 3our long distane and ell phone ser"ie2 The initial in"estment or the start1up osts you pay to beome assoiated with your preferred 4 5 networkmarketing opportunity, or other business "enture2 3our "aations when ombined with the appropriate amount of business

This onept is known as "redirecting expenses".6o why aren't more Amerians aware of this and starting morehome businesses? y answer to that is we were not taught to do so. (e were taught to get good grades, graduate

and get a 0ob, work hard and be rewarded by our employer. Ah, the good ole days! 4ife is asking more from ustoday.

Aording to 6andy 7otkin, the author of '4ower 3our Taxes 7ig Time' and a former $6 Attorney, "You would erain dead not to start a homeased usiness." agree to a point. 4ots of people with perfetly healthy brains0ust don't know what they don't know.

6o say "You#d ha$e to e rain dead #if you %now the potential tax enefits# and then choose not to start ahomeased usiness."

7otkin goes on to say&

2 3ou will ne"er get rih until you learn to get your taxes down to the legal minimum

2 There are ) tax systems in this ountry 1 one for salaried employees, and one for small5home business owners2 A home business will make you better off than a seond inome2 Traditional 0ob seurity has delined o"er the years and will ontinue to do so, making home businesses moreattrati"e2 3ou will probably sa$e8)999 to 8:9,999 per year by starting your own part1time home business

8/13/2019 Tax Benefits of Starting a Home Based MLM Business

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