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Home Business Tax Deductions: What Network Marketers & Their Prospects Need to Know

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.

For prospects, understanding the potential tax advantages eases the way for them to sign with a network marketing company . . .

When prospects learn that the tax benefits of having a home-based business can usually put at least $300-$600 extra cash in their pockets every month — starting the month they join a home-business — they sign up. The extra income from home-business tax breaks is more than enough to pay for the costs of joining and running almost any network marketing business.  They’re actually “into profit” even before they make their first sale.  How’s that for motivation?

Understanding tax advantages helps distributors stay in, and stay active . . .

When distributors learn that, in order to qualify for the tax breaks, they must actively work their business 4-5 hours per week and must be able to prove they have a profit-intent, they do exactly that.  If they ever drop-out or stop actively working the business, they’ll have to resume paying Uncle Sam that $300-$600/month extra cash that they’ve gotten used to putting in their own pocket.  So, they never quit.

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 by $300-$600/month, and
5. How to safely use this information to impact recruiting, signing and retention.

The Bottom Line?

An understanding of home-business tax deductions offers significant benefits to the Distributor and to the Prospect.

Four ways the Distributor Benefits

Tax breaks put an average of $300-$600 per month extra cash in their pockets – more than enough . . .

1. to purchase more tools . . .
2. to pay for autoship . . .
3. to attend conventions . . . and
4. to pay all other costs of operating their network marketing business.

So, all Commissions and Bonuses they earn are 100% Profit.

Having home-business tax knowledge helps accelerate Recruiting and Signing . . .

For the first time, distributors now have a way to help prospects who want to join, but do not have the money required, because the tax savings alone will put enough new cash in the prospect’s pocket to pay sign-up fees and the costs of running a successful business.

It results in Improved Retention and Consistent Results because a distributor loses his/her home-business deductions if he/she does not continue to “work the business on a regular and consistent basis,” and with the “intent to produce a profit.” So they never quit!

How the Prospect Benefits

Prospects can qualify to fully deduct all Start-Up Costs.

Tax deductions, alone, can put a new distributor into positive cash flow, even before commission checks begin to arrive.

The new Distributor has an incentive to “get active” on Day 1, because he/she begins qualifying for home-
business tax deductions as soon as he/she begins to “actively work the business on a regular basis.”

Bottom line . . . Everyone Benefits! The Distributor . . . The Prospect . . . and The Network Marketing Company.  Here’s how . . .

Everything already said above PLUS . . .

1. Improved retention,
2. Increased sales,
3. Faster recruiting,
4. Better signing ratios, and, thus,
5. Growth and stability.

NOW, what do you do with this information?

Make sure all of the distributors in your downline and every prospect you speak with connects with Ronald R. (‘Ron’) Mueller, MBA, Ph.D.  He has become well known in network marketing circles as the only PLAIN ENGLISH SPEAKING trainer to show tens of thousands of network marketers how to legally and easily qualify for $3,000 to $6,000 or more per year in home business tax deductions.  Here’s what I suggest:

1. Check out his web site
2. Subscribe to his newsletters
3. Attend his free tax info webinars
4. Purchase his book . . . and finally
5. Share his expert advice with the person who prepares your tax returns.

Your downline and your prospects will thank you for sharing this valuable information!

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.

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