Income Tax Reduction For Direct Sales

Apr 1
07:34

2008

Deb Bixler

Deb Bixler

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The era of two income (let alone one income) households is over. Direct sales and network marketing is the answer to creating cash flow for families.

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One of the best income tax reduction strategies available to the average American is a home business.  The legal method of reducing your taxes through home office deductions is a method of creating two streams of income into a home.  Home Business IncomeNetwork marketing,Income Tax Reduction For Direct Sales Articles direct sales and MLM business models will be the wave of the future because you can solve the need for additional income without jeopardizing the quality of family life.  The home business model of multilevel marketing is a simple program with built in training and support systems which can be learned easily by any family member.  As a matter of fact frequently a business that was set up for Mom or Dad, becomes a family affair with kids and everyone involved.  The stay at home entrepreneur is modeling business and work ethics which are transferred down to the youngest member of the family.IRS Income Tax Reduction Creates IncomeHaving a home business opens your home up to the very lucrative income tax reductions strategy of the home office deduction.  This deduction will create a second steam of income into your home with the same amount of effort.  There are certain  deductions that all businesses are allowed to take and home businesses are no exception.  These are expenses that you will be paying for any way. Garbage, electric, phone, computer, etc.  So why not take advantage of what the IRS has so kindly given to the business owner.Documentation, Activity, IncomeThe very act of conducting business from home and documenting your activity on a calendar, day timer, mileage log, etc. allows you to be eligible for these reduction strategies.  It is a cycle that creates cash flow.  Activity---creates business---creates cash flow---documentation---- creates income tax reduction ---- creates cash flow--- more income and tax reduction---- creates more activity----creates more documentation, etc.  and the cycle continues. It is a perfect system! More on creating cash flow from home.