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.