1 Key Way to Save Money – Start with Taxes You Pay
Wouldn’t you like to save money on taxes you pay. In the US, tax day was yesterday. AAGGHH!
What’s the best way to start saving money? Well, if you are an employee, now is the time to start a home business. If you don’t have a home business already, now is the time to start, so that your tax situation is better for this year.
If you are an employee, you are certainly on the wrong side of the tax code.
As a home business owner, you have access to tax breaks that you don’t have as an employee.
Some people found that the tax savings offset the cost of a home business, which positions you for earning residual income.
So you can be saving money while you start earning.
Have you heard the statistics claiming that an extra $400 in household income each month could be enough to prevent going into bankruptcy? You would make a good step toward that by starting your home business.
Caution, the IRS doesn’t expect you to have a home business as a hobby, one which is not intended to make money. But wouldn’t you want it to be profitable anyways?
Now I am not licensed to give you financial advice on taxes, but I can point you in the right direction, and I am getting the extra deductions myself right now!
Now if you already have a home business, you are probably looking to add others to your business. If your prospects were aware of the money they could save rather than looking at what it costs each month, it would become an easy decision, wouldn’t it?
So as long as we have this burdensome tax code, you may as well be on the right side of it.
Check back with me if you have any questions. And if this post resonates with you, please share it to other kindred spirits!
Wishing you a profitable rest of the year.
Be blessed,
Ron
Ron McLean, the Dream Roper, helping YOU Lasso Your Dreams
text/cell: 864-404-6696
Schedule a call – ronmclean.biz
4 Comments
Ron Deering
April 16, 2015You just keep getting better and better…. If more people understood what they can save/make because of tax breaks they would hesitate starting a home business. The more I make the more I save … you Rock Ron…. thanks for always adding value to the community.
Ron McLean
April 20, 2015Right on Ron, you can save more in tax than your monthly “product” cost, so you really can’t afford to not do the business
Robb Corbett
April 16, 2015Tax savings is awesome with a home based business!! A no brainer for people!
Angela Rios-Munsinger
April 16, 2015The tax savings alone from owning a home based business should be enough reason to start. There is nothing better than saving on your taxes and keeping more of your money! thanks for sharing!