Tax Tip Tuesday: Start A Home-Based Business

I want you to pay taxes

The purpose of this post is to give readers a better grip/idea to inspire you to keep MORE of YOUR MONEY in YOUR POCKET, and NOT in UNCLE SAM’S. With the ridiculous stunts and circus acts that are parading around in our nation’s capital, I do not believe that our government has been deemed capable nor responsible to use our tax money for quite some time. And until our “supposed” elected officials prove themselves innocent of all mischief, they shouldn’t receive another paycheck, not even a dime from the taxpayers.

Now, don’t misunderstand me, I believe that everyone should pay their fair share, BUT ONLY THEIR FAIR SHARE! With the broken school system teaching dated education, not keeping up with the trends of today’s economy, a J.O.B. just will not cut it anymore, especially if you want to live comfortable and see your family too.

The best, most cost-effective strategy  to save on your income taxes every year is by having some type of a home-based business. Now depending on the type of business you choose, you may have a few variables such as inventory, employees, a delivery system, customer service, accounting, etc. But every home-based business has tax deductions! Over 450+ tax deductions you have access to, to keep more money in your pockets!

Here comes the big, hairy, stinky pink elephant in the room, the question everyone asks:  “I am afraid of getting audited if I have a home-based business, I don’t know what I can deduct and what I can’t.” Tax preparation for any business is a necessity, if not, you won’t be in business very long. Here is a word of advice, find a mobile software that simplifies the entire tax tracking/deducting equation to where a child could be IRS audit-proof. If you don’t know where to find one, I highly suggest TaxBot, (I will cover more information about that later.)

Having dependents, a home, hybrid cars, energy-efficient appliances, and a W-2 job won’t help you keep more money in your pocket. It’s a nice idea, but it falls short of what the american family needs to keep more of their hard earned income! Start your own home-based business immediately., I don’t care if you are selling lotions, potions, pills, or tupperware. The tax advantages alone will keep thousands of dollars in your pockets every year, regardless if you sell a single bottle! This is about helping other help themselves. Tax preparation education is essential. Period.

If you want to more information on TaxBot, click here.

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I’m WUN OUTLAW aka,Tyler Howell. My story is one that has been heard before. I grew up in a hard working family, I was the oldest of the four brothers, my parents own a few restaurants/businesses, so naturally I became their best employee. I grew up in restaurants my most life so I know the restaurant industry, from the kitchen to the bar to running and operating franchises. In 2008 I graduated fom Westminster College, Utah, with a Bachelors in Marketing, it was the model that I was taught to do just like everyone else, go to school, get good grades, get a degree so you can get a good job… Guess what? I still made more money working in restaurants, than with the piece of paper that said, “I was smarter now, so pay me more!”. The harsh reality set in, we all felt how bad the economy was in 2008, when I went to interview for marketing positions, I found myself competing against my mentors, with 20+ years of experience. I didn’t stand a chance against them. All my life, I grew up around entrepreneurs, I saw how they lived, I saw how my family lived. I knew from the beginning that even though the “go to school, get good grades to get a good job” model was what I was taught, it was not what I believed in. I know that being an entrepreneur isn’t easy, but it’s very rewarding if you are good at it! Long story short, at the end of the day, I wanted to make more money! Up until that point in my life, my research and experience proved that neither the corporate or restaurant industry could pay me what I truly dreamt of. Throughout the years, I’ve been in Real Estate, including lending and real estate investing. I had my share of direct sales, commission-only sales, etc. trying to find the industry that was going to pay me what I truly desired. I played around in Network Marketing for a few months, but never took it seriously like my other ventures, up until February 2013. In February, two fairly new friends came over to my house and shared with me a company’s vision of empowering every single household in America to obtain an extra $500 a month. When I learned about this Movement, I decided to join WakeUpNow and never looked back. Over the course of the past 12 months, we soon realized we had found a huge need for online tools/platforms to market WakeUpNow to and run a profitable online business with WakeUpNow. The Founders of WakeUpNow, Richard Smith, Jon Holbrook, Dale Gibson, and Troy Mulstein and our team came together and formed SystemWUN to provide marketing/training tools for individuals, households, and small businesses to be successful in WakeUpNow. We have developed and proven this model to be successful time, and time again. We have created the most revolutionary online business strategy providing the best financial & marketing tools available in business to start your own small business, home-based business, or online business. We are a Community of Lifestyle Entrepreneurs, Every Second Counts Crew. We are a Movement for The Re-Distribution of Wealth Knowledge. Join Our Community Today.

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Posted in LIFESTYLE ENTREPRENEUR, MAKE, MANAGE, SAVE, TAXBOT

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