Tax Saving Tips

It is amazing how much helpful information I get from emails.  I do take time to read a lot of them for advice like this.  Here is an email from my friend Nancy who makes over 15,000 a month in the Network marketing companies I am in.  Nancy is awesome.  Here is her email:

Subject: Berry Tree Benefits
Date: Mon, 24 Mar 2008 15:13:45 -0400

Hi, Berry Tree Members!
 
Just a quick hello from one of your upline members.
 
Did you know that by devoting just 4 hours per week to your business, you become entitled to an amazing amount of tax deductions?!
 
Working 4 hours per week at your business is what it takes to classify your business as a business and not a hobby.  Hobbies are not entitled to tax deductions, but businesses are!
 
These deductions include a portion of your rent/mortage, utilites, office supplies, advertising, etc.  They can add up to thousands of dollars that will end up back in your pocket at tax time, instead of being paid to Uncle Sam.  It’s like Uncle Sam is paying for your business!
 
I use www.taxreductioninstitute.com as my guide.  Check out this website.  There are some free tips available to get you started.
 
My experience has been that my deductions have offset my investment (monthly autoship and more), so it was kind of like getting my products for free!!!  It puts you ahead of the game right from the start.  By the 3rd year, I was able to also show a profit in earnings.  It’s been win-win all the way!  It takes 1 to 3 years to build a strong foundation for your business.  Somewhere around year 5, you should be approaching that walk-away income that we all dream about.  The more attention to put towards your business, the bigger the rewards.
 
The Berry Tree rewards you more, the longer you stay involved!  I’ve always had a 5 to 10 year plan in mind since I joined.  It’s very realistic to approach it this way because, like any business, it’s takes about that long to reach a point where it’s thriving.
 
We can all use some extra monthly income and it’s really going to a great thing to have for future retirement, too!
 
Have a berry good day!
 
Nancy

Thanks for the email, Nancy.  I hope this helps a lot of people.

Blog Traffic Exchange Related Posts
  • blog traffic exchangeThe Nutronix and Berry Tree Convention Notes This email was sent to me by 3 Star Director Nancy Tessier.  She is awesome. Thanks, Nancy. The Convention was great fun and very exciting! Here are some highlights: Todd Christensen, former NFL tight end for the Oakland Raiders spoke to us.  In 2000, Todd had been diagnosed with PSC,......
  • blog traffic exchangeThe Hottest Businesses On The Net What are the hottest businessed on the Net right now? It seems like summer is going to sizzle soon. June is here tomorrow, and several people are faced with the facts of life with the rising costs of everything.  How are you going to pay for fun in the sun? ......
  • Join NutronixThe Berry Tree Reviewed I joined The Berry Tree when it first started so I am considered a founding member.  I have been a member of Nutronix and Automatic Builder for a while now.  I am at the point of no return, where I am committed to the businesses.  Well it is easy to......
Blog Traffic Exchange Related Websites
  • Lending Club Quarterly PerformanceLending Club Update: Earning 15% NAR on Microloan Investments ~ ~ ~ April 2011 Update: Shutting Down My Lending Club Investments over Q&A Change ~ ~ ~ ~ ~ ~ December 2010 Update: Earning 15.6% NAR on Lending Club Investment Portfolio. ~ ~ ~ Once again, I'm pleased to report positive results for my Lending Club investment portfolio. Summary......
  • Creative Commons LicenseHow The IRS Wants To Help You With Your Job Hunting Expenses Normally, when we talk about tax deductions, we immediately think of IRA contribution limits, the standard mileage rate, or self employment tax. However, with so many people being out of work or working part-time hours, the job market is being flooded with applicants. This is why it is important to......
  • taxesIncome Taxes It is US federal law that income tax has to be paid to the IRS. Knowing the basics, and understanding your own personal situation will help in reducing the risk of overpaying on your taxes. There are ways to reduce what you have to pay, making use of the current......