Congrats to Sheena! She won over $300.00 worth of wellness products!
Some products included: Acai Supreme, Shu-Li detox foot pouches, Cell Food, new Silver Solution, NuCleanse, individual packets of Berry Greens Boost, O2 Performance (coral calcium) and more!
Http://www.NewLifeChangingProducts.com
Wednesday, February 25, 2009
Wednesday, February 18, 2009
For Network Marketers and MLM business owners
#1 tax question asked
"Is my monthly autoship tax deductible?"
No. Your monthly autoship is not tax deductible.
The thought is the products are consumed by you or can be sold.
For more information read Sandy Botkin's book " Lower Your Taxes Big Time"
"Is my monthly autoship tax deductible?"
No. Your monthly autoship is not tax deductible.
The thought is the products are consumed by you or can be sold.
For more information read Sandy Botkin's book " Lower Your Taxes Big Time"
Sunday, February 15, 2009
Tuesday, February 10, 2009
Tax tip #9 ways to reduce your chances of an audit
1. Mail your return by federal express
2. Send all changes of address to the IRS
3. Use the IRS pre-addressed label
4. Have a neat tax return
5. File elections that you are entitled to
6. Make sure all of your income is reported
7. Have a tax preparer prepare your return
8. Separate your 1099 income from your other income
9. Keep records of expert advise you received
I am not a CPA. Please consult.
"Lower Your Taxes Big Time" by Sandy Botkin is a great resource book.
2. Send all changes of address to the IRS
3. Use the IRS pre-addressed label
4. Have a neat tax return
5. File elections that you are entitled to
6. Make sure all of your income is reported
7. Have a tax preparer prepare your return
8. Separate your 1099 income from your other income
9. Keep records of expert advise you received
I am not a CPA. Please consult.
"Lower Your Taxes Big Time" by Sandy Botkin is a great resource book.
Friday, February 6, 2009
Tax Tip #8 Suspicious Activities
Hobbies vs Business
The IRS considers the following activities
suspicious because they involve significant
personal pleasure:
Automobile Racing
Training and Showing Dogs
Raising Show Horses
Record Recording
Ministerial Duties
Writing
Travel Business
Stamp Collecting
Antique Collecting
I am not a tax attorney or CPA. Please
consult one for more information.
"Lower Your Taxes Big Time" by Sandy Botkin
is a great resource book.
The IRS considers the following activities
suspicious because they involve significant
personal pleasure:
Automobile Racing
Training and Showing Dogs
Raising Show Horses
Record Recording
Ministerial Duties
Writing
Travel Business
Stamp Collecting
Antique Collecting
I am not a tax attorney or CPA. Please
consult one for more information.
"Lower Your Taxes Big Time" by Sandy Botkin
is a great resource book.
Monday, February 2, 2009
Study finds Silver kills viruses
For more detailed important information go to
www.SilverSolutionHealth.com
www.SilverSolutionHealth.com
Tax tip #7 Hobby or Business
One important factor in deeming your activity a hobby or business is to show that you entered into the activity with the objective of making a profit.
Not saying you have to make a profit but sincere purpose of entually making a profit.
A business plan, records, conducting in a business manner, devoting regular time to your business (at least 10 hours per week) will help you proove your efforts in deeming a business and not a hobby.
I am not a tax expert.
Please consult a tax attorney or CPA for more details.
A great book to read: "Lower Your Taxes Big Time" by Sandy Botkin
Not saying you have to make a profit but sincere purpose of entually making a profit.
A business plan, records, conducting in a business manner, devoting regular time to your business (at least 10 hours per week) will help you proove your efforts in deeming a business and not a hobby.
I am not a tax expert.
Please consult a tax attorney or CPA for more details.
A great book to read: "Lower Your Taxes Big Time" by Sandy Botkin
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