2 Different Tax Laws In America
Did you know that there are 2 different tax laws in the USA? One is for employees and the other is for self-employed business owners. When I was an employee, I would look at my paycheck and see that my largest expense was taxes, however, I never knew that there was 2 different tax laws. Once I started a home based network marketing business, I got educated about the tax laws and why a home based business owner was able to deduct their expenses.
I learned these differences in tax laws from my CPA and from people like Sanford “Sandy” Botkin who is a CPA, attorney and former trainer of IRS attorneys nationwide. Sandy says “there are really two sets of tax laws in this country. One is for employees, and it allows deductions for individual retirement accounts, 401(k)s (if you have one set up by your company), interest and property taxes on your home (which some in Congress want to do away with ), and charity. Then there are the laws for home based network marketing business people who conduct their business either full-time or part-time.”
A home based business owner is “creating” revenue and jobs for their country, therefore, they deserve the same tax deductions as any other big business owner who creates the same amount of revenue and “jobs” for others. It’s a huge “Win-Win” situation for everyone, the country, the home business owner, and the “jobs” which will be created for others.
I love working at home and being able to walk into my office, just down the stairs. 😆
Enjoy a video from Sandy Botkin on why everyone must start a Home Based Business right now:
Amazing huh? 😆 How come nobody told you this before? Well, now you know, so go and tell someone else so they know too okay? 😆 We would love for you to click the “f share” button at the top of the article to share on Facebook or “retweet” this on Twitter? We would love to know how you felt about the article and exchange ideas with you, so kindly leave us a comment below.
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Sending you all a lot of “Aloha” (love) & “Mahalo” (thank you) for being a part of our “Ohana” (family)!
December 23rd, 2009 at 6:27 pm
Hello Kellie…. thank you for being my mentor and friend. You’re incredible! Love ya! Gail
January 14th, 2010 at 4:07 am
Kellie:
This is so valuable to understand today!
Timeless Principle by Jim Rohn:
“If someone is going down the wrong road, he doesn’t need motivation to speed him up. What he needs is education to turn him around.”
Kellie thank you for providing this education and helping others to turn around and chart a new course.
Aloha,
Shannon Tecson
January 21st, 2010 at 4:46 am
Mahalo (thank you) Gail & Shannon for your comments. I appreciate your feedback very much! You are both incredible leaders! Thank you very much for all that you do and all that you are! 🙂
February 10th, 2010 at 10:54 pm
Wow! Great information Kellie! I’m so thankful to have a home based business… makes me look forward to tax time!! 🙂
February 11th, 2010 at 1:56 am
It is great isn’t it Lisa to know you are helping our economy and thus deserving incredible tax savings.
Thanks for your comments Lisa. 🙂