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Home Based Business Tax Update . . . Webinar Announcement plus Tips

I just received the following message from Ron Mueller containing important home business tax information that you may find helpful . . .

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Tax Simplification has always turned into Tax Complication in the past — Will this time be different?

“Tax Simplification” is the objective of a bipartisan bill just introduced by Senator Ron Wyden (Dem, OR) and Senator Judd Gregg (Rep, NH), co-authors of the proposed legislation.

Highlights include:

AMT:
Permanently eliminate the unpopular Alternative Minimum Tax

INDIVIDUALS:
1. Slash the number of Tax Brackets from six to only three — 15%, 25% & 35%.
2. Nearly triple the Standard Deduction

SMALL BUSINESS:
Allow 100% equipment cost write-offs in year-one.

CORPORATIONS:
Replace 6 Tax Rates and 8 Brackets, with a flat 24% Corp rate.

I have invited both Senators to participate in a live tele-conference for you, my 30,000+ newsletter subscribers, to explain — live and in person — how this proposed legislation will help you, the small and home-based business owner.

When I receive official acceptance of my invitation, you’ll be notified immediately of the details.

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Free Webcast / TeleConference — Wednesday AT 5 pm PT, 8pm ET –Briefing on ‘Tip Tax Breaks’ for HBB Owners

The Webinar is for you if you are . . .

• Not making a Profit in your home-business, or
• Think you can’t afford to get into a HBB, or
• Thinking about quitting your HBB, or
• Need a new year refresher, or
• Have heard there are a lot of tax breaks for Home-Based Businesses, but have no idea what they are.

To register, go to www.HomeBusinessTaxSavings.com . . . then click on “Free Upcoming Webinars” at the top of the page.  (Yes, this webinar is FREE.)

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If you and your spouse “Co-Own” a home based business . . . be sure to read what the IRS says about your tax-filing obligations.  I’ll give you 10-to-1 that there is something here that you need to know, but do not know.

This timely information could save you from an audit, a headache, a  penalty — or all three.

Here’s a hint: You don’t just fill out a Schedule C and attach it to your Joint 1040 Tax Return.  Not if you co-own the business.

If that’s what you thought, you’re wrong.

You do have two choices, but that’s not one of them.  If you want to stay off the “audit radar screen,” make sure you file your taxes correctly.

Get this important free information immediately by . . .

• Visiting www.HomeBusinessTaxSavings.com
• Look for “Resource Center” at the top of the homepage.
• Then select “Free Downloads and Links.”

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Tell Me What You Want To Learn . . . That Would Make Your Business . . . Stronger & More Profitable.

I want to bring you a series of free “Ask the Expert” teleconferences — but you tell me the topics.

• What do you want to learn about?

• What topics will help you succeed?

Suggest anything related to running a successful home-based business.  It does not need to be related to taxes but does need to be related to home-based business success.

If you’ll give me the topics, I will do my best to arrange for some of the nation’s top experts to share their wisdom with you (for free, of course).

Email your recommended topics to TaxMessage@gmail.com

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In Summary:

1. Read about the Wyden-Gregg Tax Bill, and get questions ready to ask them on the tele-conference.
2. Register for Wednesday’s free webcast/tele-seminar.
3. Get the Husband-Wife Co-Owned Business report if it applies to you or anyone you know.
4. Tell me what you want to learn.
5. Forward this “Tax Tips” information to everyone you know.

I have helped Tens of Thousands of people just like you to Legally & Immediately Slash their Taxes by thousands!

Now it’s your turn – Ron

Ronald R. Mueller, MBA, Ph.D.
Author, Speaker and Business Success Coach
www.HomeBusinessTaxSavings.com
“Creating Tax-Smart Home Business Owners for 10+ Years!”

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Hope you’ve found this home-based business tax information useful.

To your success,

Susan Redmon

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Home Business Tax Savings Made Easy

“Network marketers and their prospects benefit when they learn about home business tax deductions. Recruiting, signing and retention are almost automatic once a person really understands the huge tax benefits of operating an active home-based business. This is especially true in times of economic turmoil.”

Five things distributors and prospects need to learn?
1. What tax breaks are available to home-business owners
2. The easiest ways to qualify for each of them
3. Easy recordkeeping systems to keep them IRS-compliant
4. How to increase take-home pay from their W-2 job, and
5. How to use this information to impact recruiting, signing & retention.

Affiliate links are included on this page, please read the disclosure.

Related posts

• Tax Tips for Home Business Owners
• Final Tax-Savings Webinar for April
• Home Business Tax Deductions: What Network Marketers & Their Prospects Need to Know
• The 7 Biggest Home Business Tax Breaks

Tags: home based business, Home Business Tax Deductions, home business tax savings made easy, network marketing tax savings, Ron Mueller, tax simplification, Wyden-Gregg Tax Bill