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Qualify Yourself For These Tax Savings | Home-Based Business

Wednesday, October 28th, 2009

Congress and I, Jim Roche NJ want to encourage taxpaying North Americans just like YOU to have a home-based business because it is good for the overall economy. Google “Tax Savings” and educate yourself.

Every single small and home-based business owner can easily save thousands of dollars each year in tax savings alone. “You have got to be cRaZy not to have one” says me.

Congress passed legislation that allows HUGE tax savings to encourage your success. They’ll even let you take tax deductions on losses from your home-based business, year after year, as long as you are actively and legitimately pursuing to make a profit.

Individuals who run a part-time or full-time home-based business qualify for a greater range of tax deductions than any other category of taxpayer! Even the super-rich can’t get the tax savings that YOU can get, simply by managing a home business that in all actuality may only take a small amount of your time to run. You could be saving yourself a lot of cabbage!

Did you know that in most cases the majority of wealthy individuals, along with the “rich and famous,” pay less than 15% in taxes, while the “average North American” pays upwards of 50% in Federal, State and Social Security Taxes? (This infuriates me!)

However, did you know that 70% of the job growth is coming from small businesses? Yeah that’s right! People are starting to catch on and the home-based business, industry has never seen such highs! People are really starting to take advantage of these tax savings and that’s always fantastic to see! Power to the people!

For the most part people, just like yourself are overpaying their taxes by thousands of dollars, or more, every year, and they don’t even realize it! Get this, the average tax payer actually believes that getting a refund from the IRS is a good thing!

The fact of the matter is, if you are getting a refund every year you are actually giving Uncle Sam an interest-free loan. Yep! He gets to keep your hard earned money (tax refund) throughout the year and can use it for whatever the legislators feels fit to do with it. This is money you could be putting back in YOUR own pocket to help YOU build and grow YOUR own home-based business! These are YOUR tax savings people, wake up! Stop complaining and do something about it!

I’m sorry…I’m screaming at the computer now, I’m just trying to get my point across here, actually NO, I’m not sorry. Can you tell I’m passionate about this? I’m not an overly religious person but this quote just seems fitting. “God Helps Those Who Help Themselves”

In order to ensure that you don’t miss some large tax deductions that could save you a great deal of money, it is wise to consult with an income tax professional so that you don’t miss any of commonly missed tax deductions.

Go get what is rightfully yours….Tax Savings!

It is my mission to educate people and bring savings and financial wealth everywhere via Savings Highway!


Jim Roche NJ
908-413-5363
http://retireearly.thesavingshighway.com/
jimrochenj@gmail.com

You Have GOT to be cRaZy! The Tax Savings Alone Is Reason Enough

Monday, October 26th, 2009

Jim Roche NJ suggests doing a Google search for “Tax Savings” to learn why it’s a fantastic idea to start your own Home-Based Business just for the tax savings alone.

The tax advantages of owning a Home Business compared to being an employee of a company are huge people!

Tax knowledge has powerful money savings potential. If you are an employee working for wages and have a part-time business, give yourself a pat on the back, go ahead and reward yourself because you’re still better off even if your business hasn’t profited much in the beginning, as long as you run it with a intent to profit, while keeping adequate business records you can take advantage of the tax savings.

The first and most basic principal to get you going in the right direction is to realize that right off the bat the owner of a small business is legally able to deduct virtually anything that has to do with their business whereas the regular employee of a company gets a 20% deduction from their paycheck and then at the end of the year they have to pay.

Uncle Sam says, “If you do that, I’ll cut your taxes by $3,000 to $6,000 or more every year, starting today, and then, I’ll let you collect part of your additional Tax Refund every couple of weeks, all year long”.There are many expenses incurred with having a Home Business which all should be accounted for when claiming deductions for your Home Business.

The most obvious deductions to be deducted in a full or part-time business are of course the cost of going into business. Your phone bill and cell phone bill can be deducted if you use it for business, your internet, portions of your mortgage/rent, utilities, maintenance fees, insurance, property taxes, your vehicle, meals, entertainment, gifts, any courses or tools, business cards, books, DVD’s purchased for your business, travel expenses, equipment and furniture ie: desk, printer, fax, filing cabinets, ink. The list goes on and on. As long as it has something to do with your Home-Based Business it can be deducted and will provide you with pretty substantial tax savings for the year and years to come.

Home-Based Business tax savings are plentiful and it’s important to be aware of them for your Home Business tax savings. I chose Savings Highway as my business opportunity not only because it allows me to save money on things such as gas and groceries etc…I figure since I have to buy these things anyway, I might as well be saving on them right? I also have the opportunity to make money with this program and pass along the savings to others and help them grow their own business. It was a no brainer for me to choose Savings Highway as my Home Business.

Here is a tip for you, if you are thinking that it sounds like a pretty good idea to start your own Home Business, my advice to you would be to pick a company or program that is going to offer REAL world benefits to others, something that they can sink their teeth into, something that is going to offer a solution to peoples problems and you’ll do just fine, if you are able to give people what they want they will come looking for YOU. Be the hunted not the hunter! Don’t kill yourself trying to sell people something they don’t need because you will struggle. People can’t afford over priced lotion, potions or pills now a days. Some things are just simply a hard sell. Believe it or not there are programs out there that sell themselves because they offer value…they got meat to them!

Take your time in choosing a business that will be right for you, listen to the opportunity calls, talk to people already involved, read articles, pick up the phone and ask questions!

Instead of remaining in a J.O.B. (just over broke), that you don’t like just because it pays the bills, make it your goal to start a part-time Home Business that you want to do full time. Give yourself a year and give it you’re all and you will see success. You might even find a new passion like I did.

If you don’t have a Home-Based Business, start one! (The tax savings is reason enough)

It is my mission to educate people and bring savings and financial wealth everywhere via Savings Highway!

Tax savings Opportunity

Jim Roche NJ
908-413-5363
http://retireearly.thesavingshighway.com
jimrochenj@gmail.com

Tax Savings With A Legitimate Home Based Business | Savings Highway

Tuesday, October 20th, 2009

Tax savings are one of the most compelling reasons to start a home based business. I, Jim Roche NJ found countless searches on Google that support my findings on these tax savings.

Did you know that you can drastically reduce how much you pay in taxes by as much as $3,000 to $6,000 per year just by running a home business such as Savings Highway, whether or not you are actually making a profit from that business?  Are your taxes killing you financially? Yes, you can STOP the BLEEDING!

I get it, I get it, half of North Americans are busted broke, and the other half are too freaked out to spend the money that they do have, so how on earth do we get a bunch of new small businesses going?

The solution to tax savings.

Let “Uncle Sam” pay for the start-up costs and the ongoing operating costs. Here’s how it works…YOU agree to start, and to run, a part time home-based business like Savings Highway, to run it with a intent to profit, while keeping adequate business records. Uncle Sam says, “If you do that, I’ll cut your taxes by $3,000 to $6,000 or more every year, starting today, and then, I’ll let you collect part of your additional Tax Refund every couple of weeks, all year long - NOT waiting for April 15.

How do these tax savings work?

As soon as you add up all of your tax savings, you can visit your payroll office to fill out a short form called a W-4 that will begin to put an extra $300-$600 per month in your take home pay — beginning with your very next paycheck!!! That means you get part of your additional tax refund in every paycheck, all year long! It’s like putting $100 extra cash in your pocket every week — week after week after week! That’s just from tax savings not even counting the money you’ll be making through a business like Savings Highway!

How to qualify for tax savings?

Congress said, “work your business at least 3 to 4 hours a week, be able to show you’re trying to make a profit, and keep adequate business records” Simple as that.

OK be honest, can you really afford to wait? The cost of not having a home based business be it Savings Highway or not, and by not understanding the tax savings that come along with it, is MAMMOTH!

It is my mission to educate people and bring tax savings and financial wealth everywhere via Savings Highway!

Tax savings

Jim Roche NJ
908-413-5363
http://retireearly.thesavingshighway.com/
jimrochenj@gmail.com