Saturday, December 6, 2008

Stick it to the Man this Tax Season

During these tough economic times many of us our pinching every penny. Many of us are looking forward to Tax Season because we are certain to get some extra cash back. Would you like more...legally?

How? Those who operate small businesses can write off much more than those who do not. For example, I am a freelance writer and get paid to post articles. All expenses related to this venture constitute tax write-offs. My website (http://www.inspiretomorrow.com/) is a write-off because it is my main marketing tool. Meals where I discuss projects with my wife or clients can be written off at the end of the year. Internet and cell phone bills used primarily for my business are eligible too. The mileage used to get back and forth to those meals and other business travels are logged and passed on to the tax man.

Calm your horses...I am not trying to elude that you should defraud the government, I am telling you the same things told to me a couple of years ago when I began writing. Not a writer? Not a problem.

There are tons of CHEAP avenues to travel for starting your own business. Maybe you can fix things for people. Maybe you are good at scrapbooking or photo albums. Maybe you are good at sales. Maybe you just like to workout. No matter what your hobby is, there is hope.

My favorite starter company is Advocare. They are a fitness and health company that makes thee best supps on the market. I personally use them while working out and give some to friends. They either like it and buy more or they don't. I do not have to try to "sell" anything. I know others who have that gift and make much more money AND they are gaining tax write-offs which yield higher refunds at year's end.

At least look into your options and stop throwing away your money. Make some extra cash on your business and get more back at the end of the year...win,win.

Tell me and the readers your ideas...

--
Joe Lawrence
http://www.inspiretomorrow.com/

4 comments:

Earl Simpson said...

I like to sell pictures I take to blog writers for their articles. Recently, I just landed a big client and am loving the extra cash.

Easy to do...just email bloggers and some accept/some don't. You can get $.50-$5.00 per picture depending.

Anonymous said...

I personally am involved in a great home based business that allows people to stay connected personally and professionally in a unique and cost effective manner. Take a look at www.sendoutcards.com/asm.

Phillip said...

Is Advocare a "pyramid" company?

Inspire Tomorrow said...

Phillip,

I am glad to see that I am not the only night owl :)

No, Advocare is not a pyramid company. Withthose types of companies you would work your butt off and only make the people ahead of richer. Here you can actually surpass me very quickly.

Advocare is a company that provides you with the tools and products to sell to others. You basically are running your own sales firm but without all of the research and marketing expenses.

I hope that helps.