F*&% MLM!!! And F&^$ Network Marketing Too!!!

LOL Okay ok… I couldnt resist. I wanted a headline that would GRAB you, the reader. I see it did if you are here…

This post is NOT for my friends that are already involved in our wonderful industry (although you may learn something too), but for my friends and followers who for one reason or another, are not.

Now I will tell you this if you are not going to participate in MLM/Network Marketing/ Home Based Business for any reason OTHER than the tax benefits, you are that much better off. That’s is what this post is really about.

I am going to list just a few reasons that ANYONE who has a W-2 job is well…..ok Im just going to say it, you are straight up STUPID, for NOT having a home based business. Yes I said it, and when your are done reading one of two things will happen, you will either explore your options deeper and start a business (YAY!!!), or you will get so upet I told you the truth (you know some people would rather be right than rich), you will delete me, stop following so on and so forth. Ahh C’est la vie….

Ok so here we go (PS all the things I am about to share holds true in the United States and Canada). I am not making these things up. Don’t believe me, go see for yourself. The United States Congress and (Internal Revenue Service) IRS created these laws.

Let’s play Did You Know?

Did you know…by NOT having a home-based business as an employee you are currently losing 30-40% of income due to taxes?

Did you know…by NOT having a home-based business as an employee it’s like losing $20 per day

Did you know that Congress & the IRS have recently passed new laws granting W2 wage earners even more tax deductions BUT only if they qualify for them by owning a home-based business?

1st before I get into the benefits you have to understand WHY they created these laws. Unemployment is near record highs. People from all walks of life are looking for jobs, they need more income and are barely making ends meet. It doesnt matter if you have a Ph.D or work for minimum wage at McDonalds, there is a shortage of jobs. Not only have I had some very good and highly educated and employable friends and family members fall victim to this but also, myself and my wife (Shaneequa).

So understand the government would MUCH rather have folks start their own business WHEN (not if) you find yourself unemployed, because you will at some point rather than to run down to the unemployment line. They don’t have enough money to pay out as is, not to mention if you were struggling before you lose your job, wait until you are making 60% of what you couldn’t live on already. I know because I LIVED this exact scenario. The government WANTS you to have something you can fall back on and maybe even employ others with your business. It’s best for EVERYONE.

Now 1st of all the cost to START your business is 100 PERCENT tax DEDUCTIBLE!! 100%. And you can get the deduction NOW and not wait until April 1st.

Do you really understand how powerful this small bit of information is? This means you could join a MLM or Network Marketing company TODAY, and get the money you spent to get involved, BACK on your very next check from your EMPLOYER because Uncle Sam see it as a business expense it is deductible NOW. I mean unless you just like over paying your taxes. If you do, can you pay mine for me while you’re at it please?

#2 The general rule for taking deductions is “any expense you incur that you would not have if you weren’t in business is tax deductible.” So for instance, as I sit here at Panera Bread near my home because I and doing business writing this blog, my meal is a tax deduction. The miles I drove to get here are a deduction. The pen, ink, computer, hosting on my blog, etc are tax deductions because I am “attempting to create a profit.”

Are you starting to get it? Now I don’t have a job, so I have to wait to get my deductions back, but if I did and I went for lunch, all these same rules would apply. So let’s say I take my co-worker to lunch to present the business to them, I pick up the tab, I drop a business card, I make a phone call, I send a text or email about the business, any of these actions now make it a legitimate tax deduction. I have friend on my team who makes an EXTRA $350-500 a month MORE on their paychecks from their JOB just because they have and operate a home based business. Not to mention the money they are making FROM the business.

Here is a list of a few other deductions you are eligible for as a home based business owner.

1) You can Deduct $3000-$5000 legitimately for using your personal vehicle for business purposes.

2) Family trips and all expenses are 100% deductible as long as you are doing SOME business while on vacation and plan accordingly.

3) You can hire your own minor children between the ages of 6 and 17 years old to help work the business and the wages you pay them are 100% deductible. (My personal favorite!)

4) ALL health costs that are normally not covered are now tax deductible for your ENTIRE family. This includes co-pays, insurance premiums, and non covered expenses like orthodontics etc.

These are just a few of the deductions available to W-2 employees. Go to the IRS website here to find them all.

I also have some insider info on EXACTLY HOW to set up your taxes at work to get the most possible money back without getting into trouble with the IRS. (That info you must ask for from me personally at jbnumis@hotmail.com)

Understand I am NOT a tax adviser, attorney or any of these thing, so please consult with a professional if you like to confirm this information. I have seen it in action for myself, friends, family and team members for sometime now and thought it valuable to share.

For my personal recommendation on the BEST home based business to get started with and work with me personally

—>CLICK HERE<---

I hope this post was valuable and helps you to take some action in your life. People make changes in their life for one of two reasons, Inspiration or Desperation. I hope you are truly inspired and not the later!!!

If you found this post valuable, please comment and share!

PS: If Your Upline Does Not Have a Step-By-Step Blueprint For Success, Check This Out (Unless You Already Have Too Many Leads) – Click Here For Instant Access

Have a prosperous day,

Joel Burrell
Million Dollar Mentor and Attraction Marketing Specialist
Google ME!

Office 720-277-9654
http://about.me/JoelBurrellMrBBQorMildew 

http://www.bbqormildew.biz/

Tags: home based business tax benefits, Joel Burrell, mlm tax deductions, network marketing tax benefits