Friday, February 08, 2008

TAX BENEFITS OF A HOME BASED BUSINESS

Let's talk about one of the top benefits of Owning Your Own Home-Based Business.

Tax Incentives.

Many people overlook this very important benefit but it can make a huge difference for you come Income Tax Day. Running a business out of your home can save you up to $5,000 or more on your taxes every year even if you don't have success!

Here are just some of the things you can write off:

--- Your business start-up costs
--- A portion of your house payment or rent
--- A portion of your utilities
--- Car expenses
--- Travel
--- Meals
--- Magazine subscriptions
--- Child care
--- Telephone bills
--- Postage
--- Office equipment (need a new computer?)
--- Software
--- Bank fees
--- Your Internet service

The list goes on. Many of these things you have and pay for anyway. But now that you can operate a business from home, they become a tax write off.

You can even pay your kids to work for you and write it off. Now that's a smart way to save for college.

Of course you'll want to consult your accountant as laws vary from state to state, country to country and year to year, but I can promise you this: having a home-based business will help keep more of your hard earned money in your pocket instead of The Tax Man's.

Seriously, we don't understand why everyone doesn't start a home business? It must just be a lack of education in this area.

Get educated, it's worth a GUARANTEED $3,000 to $5,000 a year in tax savings or more...

Here are the tremendous tax advantages from our business and you can instantly have them too:

http://lifetimeincome.net/assets/video/cantx2/index.html

I realize it can be a big decision to start a home business. But, please don't hesitate to email or call me if you have any questions or just want to discuss options.

Until next time.

Did you know that you can start getting all these tax advantages just by getting started for $39.95? Click below and get started or call me and well help you get set up.

Your paying more taxes than necessary. Let's change that starting today!

You can find out more at www.josephdemasi.com or call me at 626-224-2422

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