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Tax Breaks
You can pay for your Income for Life Team business with the money you
save in taxes even if you never make a dime of income (and of course, you
will.) Did you hear what I just said?
YOU CAN PAY FOR YOUR BUSINESS AND
THEN SOME WITH TAX BREAKS ALONE!
This is because the government grants to home-based businesses more tax
advantages than even most corporations get.
Imagine deducting all your trips, even if you’re having fun while you’re on
them, part of your home and all the expenses of running it, part of the meals
and entertainment you share with your friends and family, your healthcare, your
automobile, computer, fax, telephone, furniture, and on and on. You can employ
your spouse and your kids, pay them salaries and deduct the costs. In short, any
American or Canadian (and most other country’s citizens) who don’t have a
home-based business are crazy!
If you set up your Income for Life Team business like a business and spend
some time and energy on that business regularly with the full expectation of
making money you can take more tax deductions than most “employees” can even
imagine. In fact, if your expenses are greater than your income from your
home-based business you can deduct the losses from your W2 income you earn at
you regular job!
If you plan for these deductions at the beginning of the year, you can reduce
the withholding your employer takes from your salary each month and have more
money to invest in your business.
Imagine having a business that pays for itself BEFORE you earn a profit!
We’ll show you how. Many people qualify for $2,000 in
annual tax savings or more!
Here are just a few of the deductions to which your home-based business
will entitle you:
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Mileage to all business-related activities
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A portion of square footage of your home
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Office equipment, furniture and supplies
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Major purchases necessary to your business — even a car
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All educational materials and activities training you for your business
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Trips with any business purpose including transportation, lodging, meals
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Entertainment of any business prospect and/or associate
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People you pay to assist you (hire your spouse or children)
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Clothing with a company logo on it
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Promotional materials and activities
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Health care
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And, many, many more. |
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