
05/06/2022
Here's the info...The Advantage of Owning a Home-Based Business
Qualifies You For Incredible TAX WRITE OFFS
Which Could Put an Extra $3,000-$15,000+
in Your Pocket Year After Year
Here are just a few of the tax write-offs you qualify for when owning a Home business in travel.
1. CAR - .58.5 cents per mile/ 12,000 miles per year equals $6000, Plus your tolls.
**2. Vacation/Travel. - Other businesses only get to write off 50% of their Travel because it’s incidental to their business. Travel is your business so 100% write offs.
3. Home Office - Your business is in your home therefore a portion of your Mortgage/Rent, light, gas & utilities.
4. Children – Hire your Children. Kids between the ages of 7 – 18 can be paid $5,450 per year. That’s $5,450 per child; per year will be a write off for your business because they will be an employee of your business.
5. Computer – Home Computer, Laptop, Printer, DVD Player, T.V., Shredder.
6. Office Furniture/ Office Supplies - Desk, Chair, File Cabinet, any Business Equipment/Furniture,
Printing paper, Ink, Pens, Pencils, Receipts, Books, etc
7. Gas, electric, water
8. Cell Phones – Put your cell phone number on your business cards & talk business on your calls.
9. Education – Any Class/Certification you have to take to further your education.
**10. Internet Service – You need internet connection for your business.
11. Food – Business Lunch/Dinner. Get Costco or BJ’s Business Card and a portion of your food you buy is a write-off (Travel Parties & Grand Openings)
**12. Cable Bill – because of 2 channels….. The Travel & Weather we need to keep up to speed with our business. What plan has both of these channels on them that you can write off??? Think about it.
The Tax system was created for two different people (not the rich and the poor) but for the Employee and Business owner. If you do not own a business with the intent to make a profit, you have none of the above. **These are just a few of the many write-offs you may be able to take. There are actually over 475 different write-offs that can enable you to put an extra $3,000 to $15,000 in your pocket each and every year. Those who don’t know this are the VERY UNFORTUNATE ONES.
For more information regarding an AMAZING HOME BASED BUSINESS
Where you can TRAVEL FOR LESS, MAKE MONEY, SAVE MONEY, HAVE THESE TAX BENEFITS ABOVE AND SO SO MUCH MORE please CONTACT:
Diane Johnson-Freeman
[email protected]
Cell: 404-573-2134
[email protected]" rel="ugc" target="_blank">[email protected]
**Always talk to a tax professional regarding your specific situation.
Read “It’s How Much You Keep That Counts” By Ronald R. Mueller, MBA, Ph.D.
Or get the book: