{Income Tax Savings} This VIDEO Will Save You $7,234 Per Year In Your Home Based Business!

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,290
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 19, 2010

http://budurl.com/HomeBizTaxSavings
Every year is seems like tax day of April 15 rolls around before we are ready. There are so many tax benefits available if you have a home based business though that can ease you through the painful and dreaded reality of looking for some tax breaks. How do you get information on income tax deductions for a home based business?

Did you know there are only 3 requirements by the U.S. Government in order to establish that you have a home base business?

1. You show a profit 'intent' (even though you may not show a profit yet).
2. You work your business on a regular and consistent basis (even 3-4 hours per week).
3. You keep good records (just like a big, full-time business).

These 3 requirements in themselves let you qualify for additional tax refunds.

There are 2 types of taxpayers - the employee and the business owner. The latter earns revenue on selling goods or services, spends what is needed to keep the business financially solid, and pays taxes on what is left over. Whereas the employee works hard for his wages, has a large chunk taken out for taxes, and lives on the balance called take-home-pay.

Which category would you rather be in? The business owner has so many things he can get a tax break on, and that includes the owner who is doing an Internet eCommerce business. A few of those tax breaks can include: * Internet access fees * Ink and toner cartridges for printers * Spyware and Antivirus subscription services * Surge-protection equipment * Conference call services

There are a couple of myths about a home-based business qualifying for tax breaks: * Have to show a profit 3 out of 5 years - False * Can only write off a room with equipment & furniture if exclusively for business -False

This just touches the tip of the iceberg with information that is available for people who already have a home based business and those looking to start one in finding information on tax savings.

CUT YOUR TAXES by up to 50% or more! You can get free details at:
http://budurl.com/HomeBizTaxSavings

DID YOU KNOW...
Congress has told the IRS to give Huge Refunds and Deductions to taxpayers like us who have a home-based business, OR anyone who operated one at any time in the past three years?

It's true! If you had a home-business in any of the past 3 years, following these simple step-by-step instructions, you can easily file an Amended Tax Return (Form 1040X), and get
a Refund Check for THOUSANDS of DOLLARS...PLUS interest!

Make it a great day!
Linda Dougherty

Visit http://InternetToWealth.com for a business opportunity that you can use to make money and also use as an avenue for a home business tax deduction.

  • likes, 2 dislikes

Link to this comment:

Share to:
see all

All Comments (6)

Sign In or Sign Up now to post a comment!
  • Great video...... I am self employed and those three tips are helpfull.

  • Great Job, and thanks for the great advice.

  • Thanks for the tax tips. Having a home business has really helped me keep some of my hard earned income.

  • Great info Linda..I've learned something of value. Thanks.

  • Thanks for the advice Linda!

  • Very informative. Thanks Linda!

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more