Everyone should have a home based business for the tax advantage - TopicsExpress



          

Everyone should have a home based business for the tax advantage alone. Having Jawbreaker as a registered business the last 5 years has saved me thousands of dollars on taxes and I usually get a pretty hefty return every year. You can write off all or a portion of rent, mortgage, utilities, gas, meals, travel expenses, office supplies, computers, car payments, home and car repairs, phone, internet, even drinks at a bar are tax deductible if your entertaining a potential client. Buying a Kangen water machine not only has the benefits of being one of the best things for your health, it also comes with a business license that lets you write off all this stuff including the cost of the machine. This point alone can not only pay off your machine but save you way more than the cost of the machine within a few years. I easily write off $10,000 worth of expenses every year and in a 20% tax bracket that saves me about $2000 on every return. When I start travelling Ill be able to write off plane tickets, and pretty much all expenses incurred while in other countries just by mentioning the kangen system to somebody in another place. Even if you have very little interest in running a part time business you can still benefit from these savings that can be applied to your employment income just by following a few steps. The link is to another company but all the information applies to this business. I will never live another day without having at least some type of home based business to keep more of my hard earned money in my pocket :) frogwash.ca/home-based-business-opportunity/#.VHAUUPl4pcQ
Posted on: Sat, 22 Nov 2014 04:54:20 +0000

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