TAXES 15 Common Tax Deductions for Small-Business Owners

TAXES

15 Common Tax Deductions for Small-Business Owners

15 Common Tax Deductions for Small-Business Owners

9 MINUTE READ

We don’t have to convince you that taxes are complicated—especially for small-business owners. You know it. We know it.

And, quite frankly, you probably feel like you have much bigger fish to fry. You’re looking for ways to improve your product or service, what you can do to improve your customer experience, and how you can cut costs and increase revenue.

But not paying attention to your taxes could cost you big time—especially if you’re not sure which small-business tax deductions you’re eligible for. The last thing you want to do is miss out on deductions that could save you hundreds or thousands of dollars on your taxes or, worse, make some mistakes that leave you in hot water with the IRS.

But don’t worry! We can help you get a better grasp on what you can write off your tax return.

The “Ordinary and Necessary” Rule

Unfortunately, the IRS doesn’t have a master list of small-business tax deductions for each and every profession there is. Instead, they leave small-business owners with this general rule of thumb for what business expenses you can write off your taxes: If something is “ordinary and necessary” to running your business, then it’s a tax-deductible expense.

In other words, if you need certain items or services to survive as a business, you can write off those expenses on your tax return. So, if you’re an artist, you need paint and brushes and canvases to create your artwork. Those costs are tax-deductible. But getting a haircut? You’re going to have a hard time proving your new hairdo is essential to keeping your art business alive.

 

Business taxes can be confusing. Get the help you need.

While certain expenses are specific to what kind of business you run, here are some of the most common tax deductions available for most small-business owners:

1. Qualified Business Income

The 2018 tax reform law changed how deductions work for most taxpayers—including small-business owners. Under the new tax law, most small businesses (sole proprietorships, LLCs, S corporations and partnerships) will be able to deduct 20% of their income on their taxes. Woo-hoo!

Basically, if you own a small business and it generates $100,000 in profit in 2019, you can deduct $20,000 before ordinary income tax rates are applied.

Be warned: There are a few limits, however, that could prevent you from claiming this deduction. The biggest obstacle is the income limit that applies to some high-income business owners such as lawyers, doctors and consultants. Once your income exceeds $157,500 for single filers or $315,000 for pass-through business owners who file a joint return, this deduction begins to phase out.1

You’ll want to reach out to a tax pro to see if you’re eligible for this pass-through entity deduction.

2. Home Office

Have you turned a spare room in your house or apartment into a home office space? Good news! That means you’ll probably be able to deduct expenses for the business use of your home, which include mortgage interest, insurance, utilities, repairs and depreciation. The simplified version of this deduction allows small-business owners to deduct $5 for every square foot of your home office, up to a maximum of 300 square feet.2

But it’s important to remember the IRS only allows you to claim this deduction if your home office is used exclusively for business purposes on a regular basis. If your home office doubles as a guest room for your mom when she’s in town, that’s not going to fly.

3. Rent

With rent always going up, it’s nice to get a break somewhere. The cost of renting a space for your business is fully deductible, whether it’s a storefront on a busy downtown street for your cupcake shop or an office space in a business complex for your travel agency.

4. Advertising and Marketing

If you’ve been handing out more business cards to potential clients than candy to trick-or-treaters on Halloween, you’re in luck! You’ll be able to deduct the cost of printing those business cards on your tax return. Basically, anything you use to promote your business and bring in new customers (from social media ads to billboards) is 100% deductible. So, deduct away!

5. Office Supplies and Expenses

Okay, no matter what kind of business you run, you probably have a need to stock up on traditional office supplies—whether it’s printer ink, pens or Post-it Notes. Those traditional office supplies are fully deductible!

If you’ve bought a new laptop, smartphone or some software that you use for your small business during the year, you can write off the entire cost of those expenses, too.

6. Utilities

Uncle Sam knows you have to keep the lights on to keep your business going (and vice versa). Everything you spend on utility bills for your business—including electricity, phone, internet, water, heat and sewage—is fully deductible.

7. Repairs

Roofs leak, toilets break, and walls need to be repainted from time to time. If you need to repair parts of your business property or just perform regular maintenance to keep things running efficiently, you can write off those costs on your taxes too.

8. Car

A lot of small-business owners use vehicles in order to get stuff done—whether it’s driving to and from meetings with clients or using a pickup truck to transport heavy equipment from worksite to worksite. If you can prove that you use a vehicle for business purposes, you can deduct those expenses from your income.

Now, there are two ways you can claim this deduction:

  1. Use the standard mileage rate. Add up all the miles you drove for your business and multiply by the IRS’s standard deduction rate to figure out your deduction. As of 2019, the standard mileage rate is 58 cents per mile.3 So, for example, if you drive 5,000 miles for business purposes in 2019, you’ll be able to deduct $2,900 off your taxes.
  2. Add up your actual car-related expenses. Now, this option is going to take a little more work. If you keep very detailed records throughout the year, you can add up how much your car depreciated and how much you spent on gas, repairs, tires, tune-ups, car insurance and registration fees. That will be your deduction, instead of the mileage.

Which option you choose basically depends on how economical your car is, how much it cost you to drive it throughout the year, and how well you documented your car-related expenses. Better save those receipts!

9. Travel

Many small-business owners and their employees spend a lot of time in airports and traveling around the country to do business. But all those airline tickets and hotels can get pricey! If that’s you, the good news is that you can deduct most travel expenses from business trips for you and your employees if there is a business purpose behind the trip.4 Just make sure you hang onto all your receipts and keep detailed records from your travels. 

10. Meals

Wining and dining business clients can get pretty expensive, but at least you’ll be able to split the check with Uncle Sam. You can deduct 50% of the costs for business lunches, but not “entertainment expenses” like sporting events or a concert.

The costs of providing meals for your employees at a company picnic or a holiday party, however, are fully deductible!

11. Salaries and Employee Benefits

If you have employees, what you pay them—from salaries and wages to bonuses and commissions—are tax-deductible business expenses. You can also deduct contributions to their retirement plans, education assistance and most other employee benefit program costs. Do you have any freelancers or contract workers? What you pay them is tax deductible, too!

12. Taxes

Nothing feels better than deducting taxes on your taxes. While you can’t deduct federal income taxes, there are still plenty of other taxes closer to home you’ll be able to write off on your tax return. For example, you can write off up to $10,000 of state and local income taxes, sales taxes, real estate taxes and personal property taxes.

Here are a few other taxes you can also deduct:

  • Part of your self-employment tax
  • Franchise taxes
  • Excise taxes
  • Occupational taxes

13. Insurance

No matter what kind of business you’re in, you definitely want to protect it. And the best way to do that is to get the right kinds of insurance in place. The cost for many of the insurance premiums you’ll need for your business—like liability insurance, fire and flood insurance or a business owner’s policy—are deductible. Medical insurance for your employees is also deductible under certain circumstances as well.

14. Legal and Professional Fees

You have the right to an attorney—and the right to deduct any legal and accounting fees charged by attorneys and accountants that are related to your business operations.

15. Debt Interest

Listen, we believe the best way to run your business is to run it completely debt-free. Debt is not a tool to grow your business—it dramatically increases risk. Debt will slowly suck the life out of your business. And, if you’re not careful, business debt can lead to years of stress, endless payments and even bankruptcy.

If you’re thinking about taking out a business loan, don’t do it. That’s just dumb!

But if you’ve already taken out a loan for business purposes, whether it’s a mortgage or a line of credit, you can probably deduct the interest you’re paying on the loan from your taxes. But this is one deduction we don’t want you to have.

Now go pay off that loan as soon as possible and never borrow another cent again!

Talk With a Tax Pro

If all this tax stuff makes your head spin and you’d rather spend more of your time focused on your business, we hear you. We can connect you with an experienced tax professional in your area to help you take full advantage of these small-business tax deductions.

Our Endorsed Local Providers (ELPs) take the stress out of tax season by helping you claim all the deductions you qualify for and save you time and money in the process. We can hear you breathing easier already!

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp3/?sponsor=homeprofitcoach

TAXES What Are Business Expenses?

TAXES

What Are Business Expenses?

What Are Business Expenses?

5 MINUTE READ

There’s an old cliché that you have to spend money to make money. It’s the kind of thing your broke finance professor says over his glasses as he tries to tell you how smart it is to take out a huge small-business loan. (Note: Do not do this.) But, like all clichés, it does have some basis in fact. As it turns out, it is not free to run a business. If you have a business, you will have business expenses.

So, what are business expenses? They’re a little bit of everything: start-up costs, equipment you have to buy or rent, the money you spend on a place to do business (like an office or a storefront) and a bunch of other little things you never would’ve thought about before you ventured out into the wild world of business.

So, let’s talk about them.

What are business expenses?

Business expenses are the costs of running your business day-to-day. On your income statement, your business expenses are subtracted from your revenue. What’s left is your net taxable income. These “ordinary and necessary” expenses (as determined by the IRS) that keep your business running can be deducted from your taxes.

What are some examples of deductible business expenses?

If an expense meets the “ordinary and necessary” rule set by the IRS, it’s generally tax-deductible. But certain expenses like meals and gifts are only partially deductible. Here are some of the business expenses you can fully deduct from your taxes:

 

Business taxes can be confusing. Get the help you need.

  • Office supplies
  • Rent on a building used for your business (could be an office, storefront or warehouse)
  • Insurance costs
  • Wages paid to employees (including independent contractors)
  • Employee benefit programs
  • Equipment rentals
  • Bank fees
  • Accounting expenses (including tax preparation)
  • Utility expenses like power, internet and phone systems
  • Legal fees
  • Membership dues (such as to a professional organization)
  • Printing and copying expenses
  • Marketing and advertising expenses
  • Payroll taxes
  • Interest paid

Okay, about this last one: We would never recommend you go into debt to start or run your business. Debt increases your risk exponentially and causes nothing but stress. But, if you already have a business loan, you can and should deduct the interest payments. Then make sure you pay off that sucker and never borrow again. Okay?

What types of things are not deductible?

So, there are a couple of things you might consider to be business expenses that you actually can’t deduct when it’s time to do your taxes. Things in this category include:

  • Donations to political campaigns or political action committees
  • Memberships to social clubs or country clubs (even if you take clients for dinner or the occasional round of golf)
  • Anything illegal like bribes or kickbacks (which, of course, you wouldn’t do anyway)
  • Gifts over $25 in value
  • Tickets to sporting events or concerts

This is where it’s really important to consult a tax pro like one of our small-business tax Endorsed Local Providers (ELPs) to help you sort out which expenses are kosher. It can save you a ton of money and hassle.

How to keep track of business expenses

Any successful business owner knows how much money you have going out and coming in. That’s how you know if your business is profitable or not. So, you need to keep track of what you’re spending. It’s just common sense.

Another good reason to keep track of your business expenses is to keep your personal finances separate from your business finances. Sometimes, especially for small-business owners or people who are self-employed, that can be a challenge.

For example: Can you claim a home office as a deductible business expense? You can, actually, as long as it’s a separate room in your house and you don’t use it for anything else.

If you use a car for work, there are a couple of different ways to track those expenses. The easiest way is to keep track of how many miles you drive while on business. This is perfect for self-employed people or those who drive their personal cars for work. The current rate for calculating the mileage deduction is 58 cents per mile.1

If you own a car that you only use for business, you can track the mileage or keep detailed maintenance records and collect all of your fuel receipts—whichever gets you the biggest deduction.

Get a pro to help you with your business tax expenses

Of course, the absolute best way to keep track of your business expenses is to get a small-business tax expert to help you. Our small-business tax Endorsed Local Providers can help you with everything from bookkeeping to filing your taxes when it’s that time of year. They can help keep you on track with your quarterly tax estimates, and if there are ever changes to the tax code, your pro can be there to make sure you don’t mess anything up.

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TAXES The 5 Huge Benefits of Filing Your Taxes Early

 

TAXES

The 5 Huge Benefits of Filing Your Taxes Early

4 MINUTE READ

With over 70% of taxpayers receiving an income tax refund each year of $2,900 on average according to the IRS, we can’t think of any reason you’d want to delay filing your taxes.(1)

But, as awesome as it is to have more cash in your pocket, that’s not the only benefit of early filing. Here are a few more reasons to get your act together early this tax season:

1. Early filers average larger refunds.

IRS data shows that taxpayers who file by late-February get significantly larger refunds than those who file later—around $200 on average.(2,3) Obviously, if you know you’re getting a refund, you’re more likely to file sooner, and that could be part of the reason early filers enjoy larger refunds.

But another reason is that the sooner you start on your taxes, the more opportunity you have to make sure you’re claiming all the deductions you’re eligible for, which takes more time and documentation than claiming the standard deduction.

2. Early filers can protect their refunds from identity thieves.

Filing early may not eliminate the threat of identity theft, but it can protect your refund. If thieves file a return using your Social Security number before you do, the IRS will kick out your return since their records show you’ve already been paid. It can take months to clear up the mess with the IRS and finally receive your refund.

 

Don’t let taxes stress you out. A tax pro is the way to go!

3. Early filers eliminate tax deadline stress.

Any time you face an unpleasant task, it’s best to get it out of the way as soon as possible. Income taxes are no different. You have to fill out the forms and you have to file them, so just grit your teeth and get it over with. Give yourself a fake deadline—well ahead of the April deadline—to get your taxes taken care of. Once your return is filed, give yourself a small reward for being so efficient and responsible. Then relax while everyone else stresses out about getting their taxes done on time.

4. Early filers with a tax bill have time to make a plan.

When you’re facing an income tax bill instead of a refund, it’s natural to put off filing as long as possible. But if you go ahead and fill out your tax forms and file them, you’ll know exactly how much you have to pay—and you won’t have to pay in full until the April filing deadline.

The more time you have to come up with the money, the less likely you are to bust your budget or drain your emergency fund. So, don’t spend the first part of the year with your head in the sand. Get the facts about what you owe, make your plan, and get that tax bill out of the way.

Tip: Save time and reduce hassle by gathering the right paperwork the first time around. Download your free tax preparation checklist.

5. Early filers face less competition for access to their tax professional.

If you found out the hard way that it’s tough to get on a good tax pro’s schedule during crunch time. In fact, if you haven’t set an appointment with a pro by the middle of March, you may have to file an extension.

On top of that, some tax pros will charge more to complete your taxes as the filing deadline approaches. The best way to avoid all that hassle is to get an appointment with your advisor as soon as possible.

Not sure if you need a tax pro? Take our quiz and find out!

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp3/?sponsor=homeprofitcoach

PERSONAL DEVELOPMENT Why Wouldn’t I?

PERSONAL DEVELOPMENT

Why Wouldn’t I?

5 MINUTE READ

I have a good friend named Fred. Fred is an inspiration. His self-given nickname is Two-Foot Fred. But Fred is quick to point out that he is actually 37 and one-half inches tall. Fred does not use the term, but I think the proper term these days is “little people.”

There is nothing little about Fred except his height. He lives life large. He has parachuted out of airplanes, rappelled off mountains, and done many other stunts most of us regular folks are too scaredy-cat to do. (Intentional disrespect to cats.) I taught Fred to water ski one summer, and the biggest challenge was not getting him up or his willingness but finding a life jacket that he could control.

Any time he faces opportunities or challenges, which is every moment of everyday, he just says to all who will listen, “Why Wouldn’t I?”

I thought about him today because we were having dinner with some friends who told Sharon and I they wanted to use that motto for their year as a personal challenge. Why Wouldn’t I? Sharon liked it.

If money and time were unlimited what would you do or try that you are not trying or doing now? If time were short what would you do? Start a business, get that degree, ask that girl on a date, buy a sports car, run a marathon, become a millionaire, raft the Grand Canyon, scuba dive, go to Paris, write a book, cut a record, as Tim McGraw sings, “go 2.7 seconds on a bull named Fumanchu,” or a thousand other things that seem out of reach?

Sometimes when something really big or beyond my control is presented, I can freeze. I don’t like pain. Physical pain, spiritual pain, financial pain, relational pain . . . they’re all bad. I don’t like them. I am a wuss. They scare me. Sometimes instead of saying “Why wouldn’t I?” to life’s opportunities and challenges, I freeze with fear. I get paralysis of the analysis. My friend Seth Godin says, “I define anxiety as experiencing failure in advance.” Sometimes I am very good at that.

Sometimes when something new or something big is in front of me I say, “If we try this, it might not work,” which sounds stupid as I write it because my mind immediately answers itself with “Of course if you don’t try it, then it CERTAINLY won’t work.” But that is the voice of Fear and his cousins Doubt and Shame which overshadow simple logic at times.

It is interesting to me that the most fun and reward I have ever had was when I embraced the fear, held it close, and tried something I was not sure would work. I might fall, I might fail, I might embarrass myself or my family, but I do it anyway. Why Wouldn’t I? The Bible says, “For God has not given us a spirit of fear, but of power and of love and of a sound mind” (2 Timothy 1:7, NKJV). So, why wouldn’t I?

The thousands of very public business mistakes I have made seem to fade behind the things that worked. The times I do something or try something that might hurt are never fatal. The more I embrace the fear—try something anyway—the better I get at it.

A couple of years ago, my family was snow skiing during the holidays in Telluride. Over the decades, I have been on some pretty tough hills. My kids are great skiers and athletic, so they push the old man pretty hard. At the end of the day, we decided to end on a nice groomed Black Diamond. For the non-skier that is a very steep but smooth ski run. No big deal. I have skied that type of run hundreds of times. Maybe my blood sugar was low, maybe I was tired at the end of the day, or maybe fear is real because when we came off the lift at the top of that run, it looked like a cliff, not a run.

We are standing there looking down on Telluride Village knowing that if we fall, this run is so steep we may fall for a mile all the way into downtown. Actually, as we looked over the edge, downtown was the first thing you could see a mile away. Maybe I was tired, maybe it was blood sugar, but all I know is I suddenly got really terrified. Physical reaction terrified. My heart started racing, something was pounding in my ears, and cold sweat started forming under my ski suit. I seriously considered taking my skis off and walking down. But, why wouldn’t I? I told the family, “I have to go NOW because if I stand here any longer I am going to freeze up with fear.” So, I started slowly skiing with big turns.

Guess what happened? I didn’t die. I didn’t break my knee. The more I skied, the more my fear left. By the time we got to the bottom, we were all high-fiving like we won the Olympic downhill. It was EXHILARATING! And you know what I realized? Pushing through the fear was the big accomplishment—not the super difficult ski run.

I know this about you ’cause I know it about me. You are better than your fear tells you. You will fail at some things you attempt, but so what! You will succeed at others. You might embarrass yourself, but it will make a great story, and no one will remember the stumble but you six months from now. You have what it takes. You can do this big thing God has set before you. He knows you can do it. If He believes in you, then I for sure believe in you. You got this. Go for it.

Why wouldn’t you?

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp3/?sponsor=homeprofitcoach

How to Plan a Staycation

How to Plan a Staycation

4 MINUTE READ

Who doesn’t love taking a vacation? Sleeping in, eating delicious food, and the freedom to do absolutely nothing or absolutely anything with your day. Ah, living the dream! But sometimes a traditional vacation isn’t what you need or just isn’t in the budget. A staycation is a great alternative that can give you the rest you deserve, without breaking the bank.

What is a staycation anyway?

An increasingly popular way to get away from it all is to go nowhere. Believe it or not, you can have plenty of fun by staying in your own neck of the woods. It’s called a “staycation,” where you pack zero bags, never fight traffic and don’t have to pay an arm and a leg to fill up the gas tank. For those who just want time with their families or a break from the office, the staycation is a great way to relax without busting the budget.

How do you take a staycation?

Just like when taking a real vacation—you need a plan. When you go on a week-long vacation out of state, you don’t take work with you, and you enjoy time spent relaxing and making memories with family. When you take a staycation, do the same thing!

 

Ready to start saving? Download our free budgeting tool today!

Don’t check in with work or worry about what you’re missing at the office. Turn off all your devices and limit the TV binge watching—this is your chance to focus on quality time with no interruptions and enjoy not having anything looming on the to-do list. You’re on staycation, after all!

Don’t forget to budget!

A staycation is budget friendly, but be sure you do make a budget for what you want to spend beforehand. Devise a meal plan and budget for how often you’ll be eating out. Unexpected costs add up quickly, and you don’t want to deal with that kind of stress on your staycation! There are plenty of ways to be creative (and thrifty) without losing the fun factor.

So, what do you do on a staycation?

Take a nap

Start your staycation off right with a little rest and relaxation. How many times do you get the chance to close your eyes and catch some ZZZ’s in the middle of the day? Set up a hammock and take a snooze outside!

Read a good book

How many books do you have collecting dust on the shelf? Sure, you’re always wanting to read one, but there never seems to be enough time in the day. Now is your chance to dive into a good read—or several!

Get outside

Take a hike in the great outdoors or enjoy a peaceful walk in a nearby park. Pack a lunch for the trip and enjoy a picnic with your family, or even grab your running shoes to work in some exercise!

Explore your city

Visit free museums, bookstores and that coffee shop you’re always meaning to check out. Are there any historic sites or tourist spots you’ve never been to? Use this opportunity to take in the sights and sounds of your city!

Have fun in the backyard

If the weather is nice, why not enjoy the beauty of your own backyard? Create some fun family memories! Put up a tent in the backyard, light the fire pit and make s’mores, or even spend an afternoon having a water balloon fight. If you supply the water and a sprinkler, the kids can even turn it into their own water park!

Have a movie night

You don’t have to leave your house to catch a good flick. Rent a movie—or even better—check one out from the library for free. Buy some popcorn, chips and candy from the dollar store and you have all the makings for a great (and cheap) movie night.

Plan a game night

Monopoly, Battleship, Clue—these games never go out of style! Dust off the board games and invite your family and friends over to enjoy the simplicity of a game night. Need to add a new game to the rotation? Check out Act You Wage—the first player to become debt-free wins the game!

Take up a DIY project

Family bonding and bowling go hand in hand! Who can resist a little friendly competition? Going to a bowling alley during the middle of the week can be surprisingly affordable. Did you know many bowling alleys even let kids bowl for free? Check out the deals during less popular hours.

Of course, these are just a few ideas to get your gears turning. Sit down with your family and come up with your own list of things you can enjoy together while on staycation!

Whatever you plan to do during your staycation, make sure it fits within your budget! Download our budgeting app EveryDollar, so you don’t overspend while on your staycation!

Contact me Howard Martell Homeprofitcoach

757-647-2886 Team Gold Leader Independent Associate Genusity about Webinar and further information

How much of my income should be budgeted for rent

So if your annual salary is $60,000, you should pay no more than $1,500 a month in rent. In New York City, landlords also follow this guideline, insisting that applicants earn 40 times the monthly rent. As an alternative, your landlord may allow someone (usually a well-off relative) to co-sign the lease as a guarantor. “You cannot be living hand-to-mouth,” said Carlos Castro, the director of lease administration for Halstead Management, adding that renters should be aware of brokers’ fees, security deposits and other housing-related expenses. And when calculating how much you can afford to spend each month, don’t forget to factor in student loan or car payments.

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You may not be able to find an apartment that would be affordable on an entry-level salary. Between 2006 and 2014, seven of the 11 largest metro areas became less affordable, as rents grew at a faster rate than salaries and more renters entered the market, according to a report by the Furman Center and Capital One. The most expensive market was Washington, D.C., where the median rent in 2014 was $1,530 a month.

SmartAsset, a financial technology company, mapped out how much income a renter would need to afford an average two-bedroom apartment in various American cities in 2016. The findings are sobering. In San Francisco, a renter must earn a stunning $216,129 a year to avoid being rent-burdened; in New York City, $158,229.

Still, you have to live somewhere. To offset costs, consider a roommate. If you pool your incomes, you might be able to find a nicer apartment than you could afford on your own. You might also be able to save a little for the future.

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Tomorrow – Announcing Special Deduction worth $5,000!

oward, this is very important about how
you can LOWER THIS YEAR’S TAXES
big time!

There ONE massive tax deduction
that is available only to small and
home-based businesses like you.
No other taxpay ers can qualify for it!

This one deduction alone could
save you more taxes than all other
deductions COMBINED!

Now that all of the new Tax Act changes are
In effect, most taxpayers can no longer deduct
hardly ANY of their healthcare expenses.

The ONE (and ONLY one) EXCEPTION
MOST LIKELY APPLIES TO YOU!!!

The one and only exception is for taxpayers
who run a small business (including businesses
that are very-part-time). THOSE – and only
those taxpayers – can DEDUCT 100% of ALL
health expenses not reimbursed by insurance.

AND this special deduction applies ALSO to
health expenses of the business owner’s
spouse AND all of their dependents!

THAT IS A HUGE DEDUCTION,
BUT IT GETS EVEN BETTER!

If you qualify for this deduction, you can ALSO
write-off your

  • Nutritional supplements,
  • Naturopathic procedures & products,
  • Many elective surgical procedures,
  • Wellness and Preventive care,
  • Many over-the-counter (OTC) purchases

AS WELL AS your…

  • multi-thousand-dollar Annual Deductibles,
    all Co-pays, any Out-of-Network fees,
    Long-term Care insurance premiums,
    add-on fees for seeing a Specialist,
    Emergency Room surcharges, and more!

GET FULL DETAILS TOMORROW SUNDAY

When:        TOMORROW SUNDAY, 9-22-19

Time:           6pm Pac.; 7pm Mtn.,
8pm Cen., 9pm Est.

Length:        About 45 min.

Where:         Online or by Phone

Cost:            It’s a FREE public service

Register at: Click HERE

Can You Qualify? Probably, but join
Us on Sunday to find out FOR SURE
THIS IS BIG!!! And it is officially authorized in
writing in Federal Tax Code Section 105.

See you on TOMORROW, Sunday 9/22?

Helping YOU to be a Tax-Smart Small-Biz Owner
         Dr. Ron Mueller, MBA, Ph.D.
Author, Speaker & Small-Business Tax Coach

P.S.
If you cannot attend, register anyway so
that you can receive a link to watch the
webinar replay.

P.P.S.
If you requested a Tax Filing Deadline
Extension for your 2018 tax returns,
must file by OCT. 15 – just 30 days away!

GenEnergy…The NEXT SUPER PRODUCT! Comment for more info!

Good day everyone,

You all know my by now as the homeprofitcoach here and located in Virginia Beach Virginia and wanted to share a update on our latest launch and share a video from our CEO Tim Sebert showing his excitement.

We are changing the landscape when it comes to network marketing and how the consumer can save on there current energy bill introducing GenEnergy product. 

I and my big day getting my installed by local Electrician in Hampton Roads and as far as I know, be first in the greater 7 cities to have this Energy saving device in my home and business.

Once I have this installed will be doing some before and after comparison electric bill savings videos and testimonials for my audience on youtube and post to my blog.

One thing I learned in this industry is you must be a product of the services you are  promoting and at Genusity I am used the Beacons for my advertising for my business and also helping promoting my Christian talk show like my friend and business partner Duke White (Real Life With Duke White Show where he discusses tough issues facing not only the church but society in general) As excited to partner with and support this important ministry and share my business knowledge, but also life experience and testimony with the live audience and potential viewership of over 30 million plus on the nowtvnetwork.org.

This in itself is such an honor and feel so blessed to have met the likes of orginal members of Blacksheep locally, Earl Bynum and his Son ( Earl is nominated for a Dove Award #1 Gospel artist in the World) He is the first in Va  ever to have this honor and he live in our community) These are talented men and women of God who are being placed in front of me to bless others.

We have a live showing Tonight at the Christian Embassy more details are on the facebook page above open to the public so come out and you never know who our special guest might be!

Finally, you too can make a positive change in your community or environment and successful, home business owner, and man of God, give the glory to him each day for my successes and for my failures as they teach me lessons that are so valuable towards helping others succeed in life!

God Bless,

Howard Martell

 

 

Homeprofitcoach is Rocking it with Team Gold As Independent Associate leader at Genusity

I am so blessed to be able to share with my readers today the excitement and momentum of this solid debt-free company.  From the Founders Tim Sebert and Randy Thomas and the rest of the members you feel the love all around.   This company is Genusity

Let’s reflect on my long career in this industry started out with Tim and Randy back in Global Domain’s International day’s and made some money.  But it wasn’t until I found out really how with my current company how to use nothing but graphic landing pages with Worldprofit that was propelled into my list building and relationship networking marketing success story that has been rolling the past 10 years plus mostly part-time but with a full-time attitude with a profit intent daily.

My journey started while serving during my Active Duty time in early ’90s in Hawaii and discovered Internet Marketing and fell in love with it from one of my co-workers and just felt this urge to know more about it.  In hindsight made some money by had no clue like most marketers never understood how to properly built a list of customers until late 2009 when people kept telling me about this Worldprofit and thats when dropped some things and gave it try and the rest has been history.

In the time since built a list of over 93,000 opt-in globally in 10 years using landing pages, trained thousands, created my own utube training videos, closed sales live weekly for our community, provided consultation and marketing services to my clients, and consistently in top 5 of sales each month thanks to WorldProfit.

Because of this has prepared me to succeed in Genusity using the same techniques of list building and being a top leader in short time-frame with sales so far this month and uplifting and inspiring each fellow Genusity family member with helpful tips and techniques to push them to the top of success in the company.

The Unique of the powerline system for me is the icing on the cake and another added advantage is to show all my clients the tax savings benefits we business only get by running a home business.

To know more how God has helped me and my family become so blessed in this wonderful industry feel free to reach out to me at 757-647-2886

Serious inquiries only as I want to work with people who want to uplift people out of any difficult situation and become financially free!

God Bless,

Howard Martell

Homeprofitcoach

Independent Associate Gold Member Genusity

Disabled US Navy Vet (RET)