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Avoid Paying Taxes Legally!!! The Power of A Home-based Business

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Avoid Paying Taxes Legally!!! The Power of A Home-based Business

Chinaza (Coach Chi) Duson, Small Business Tax Strategist, highly sought after Tax Professional empowers hundreds of thousands w/advice on why YOU MUST own a home-based business and how you can maximize the tax laws to your benefit - LEGALLY. TEXT 4042295566

ALSO text Chinaza to 40691 to get locked in and START a legitimate home-based TRAVEL business TODAY (Its just happens to be one of the best tax strategies ever and even EARN RESIDUAL INCOME. TEXT 404.464.6733 NOW email: browngirlgone@gmail.com

Coach Chi
1st Email: yourtaxgirls@gmail.com | 404.229.5566
2nd Email: theintaxicator@gmail.com | 404.464.6733

NOT only is she a #homebased business strategist, she's a certified tax preparer and a Documented Multiple Six Figure Leader in the Homebased Travel Industry. Contact me today to get started

How to Legally Not Pay Taxes by Tom Wheelwright

Tom Wheelwright, CPA and Rich Dad Advisor to Robert Kiyosaki, discusses how it's possible to legally not pay taxes and still be very wealthy. He discusses how to take advantage of the tax laws in order to keep more of your money where it belongs - in your pocket! Learn more here:


Tom Wheelwright covers the specifics of how to achieve tax savings every day of your life using a few simple real life ideas. Wouldn’t it be great to not only learn how to pay less tax but while you are at it, learn how to reduce your chances of an IRS or CRA audit? Most importantly, learn why the tax law is simply a series of stimulus packages for business owners and investors.

Get even more in-depth knowledge and insight on how to permanently reduce your taxes and build massive wealth by reading Tom’s best-selling book Tax-Free Wealth. Learn more here:



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How to Pay Less Tax (Legally) - Robert Kiyosaki

Robert Kiyosaki will be speaking LIVE in:
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Catch PART 1 HERE:
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One of the reasons the rich keep getting richer is because when people say “Go to school and get a job” they’re telling their kids to become employees or small business owners. How much tax do they pay? Regular employees pay about 50% in tax while self-employed people like doctors, lawyers & accountants pay 60% tax.

Business Owners on the other hand pay 20% tax with investors paying 0% tax. It is absolutely possible to go around paying 0% tax. You don't have to be a crook to not pay taxes, you just have to be smart. In fact, the government wants you to pay no tax. They use taxes as incentives to get you to do what they want you to do.

The reason I pay no taxes is because I have four houses I live in but five thousand houses I rent out. By me providing housing, I pay zero tax -- because that's what the government wants me to do! - Robert Kiyosaki

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Robert Kiyosaki will be speaking LIVE in:
South Africa:
Catch PART 1 HERE:
Subscribe to access more great videos, or check out:

How to Avoid Taxes ... Seriously

Free Training To A Brand New High-End Career (limited time only 2018)


How to do taxes as a college student? How do taxes work? What are some of the best ways to avoid taxes? What does it mean when someone writes off something in their taxes?

Keep mind, I summarized a lot of stuff that is not perfect by the books, but if you don't make a lot of money, you'll likely not get audited for grey area deductions such as cell phone, and office room rent.

The #1 internship marketplace exclusively for college students and new grads ➡ ⬅



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How to Avoid Taxes Legally as a Business Owner - Pay Less Taxes!

Here are some strategies on how to pay less in taxes as a business owner. I'm going to break down how to avoid taxes LEGALLY so you can keep more of your hard earned money! Add me on Instagram: sulimanfarooq

For business or one-on-one paid dropshipping consulting/coaching inquiries, you can reach me at sullyfarooq5@gmail.com

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This one's too embarrassing to say:

Paying taxes isn't fun, and there's a reason why some of the wealthiest business owners in the world pay close to, or exactly, $0 in taxes. And let's be honest, if you're self employed then the only thing better than making a lot of money is, well, keeping a lot of that money and income! So here are the three different tax saving and tax reduction strategies that you can use to avoid paying taxes LEGALLY:

Number 1 - Giving Tax Deductible Business Gifts:
You might not have known that you can actually give tax deductible gifts as a business owner. In fact, you can give a business gift to a current client or customer, a potential customer, or even a consultant of your business.
The IRS does have a few exceptions to this deduction though. The biggest one by far is that you can only deduct up to a maximum of $25 per gift per, individual. So, if you spend $50 on a business gift, then you can only deduct up to $25 for that gift. However, keep in mind that this rule applies per gift/individual, so in theory, you could give multiple business gifts to multiple people you do business with and take a tax deduction for each gift from your income and pay less taxes.
More information about tax deductible gifts can be found Below:


Number 2 - Business Meals:
Business meals are a great deduction, and a great way for you to build a solid business relationship with someone while also being able to reduce your taxable income. By taking someone out to a business meal, you'll strengthen your business relationship with them, and be able to take a deduction on your tax bill at the same time.
However, just keep in mind that because of the next tax law business entertainment expenses are no longer tax deductible. And so if you are at an entertainment event for business, and decide to grab a business meal, just be sure that the food/bevarages are shown separately on the receipt.
More information about business meals can be found Below:


Number 3 - Electing your LLC as an S-Corp
Electing your business as an S-Corp is a great way to save thousands of dollars in taxes. Essentially, when you elect to be an S-Corp, which you can do by filling out form 2553 that is provided on the IRS website, you are creating a pass through entity. This means that you become an employee of your business.
The main benefit, and the way you can avoid taxes, with an S-Corp is by paying less self-employment taxes. When you're self employed, you have to pay 15.3% of your income to the FICA tax which is the tax that funds both Social security and Medicare in the United States. But when you elect to be taxed as an S-Corp, you also have to pay your self a reasonable salary or wage throughout the year from your business. This salary or wage is what will be subject to the 15.3% self employment tax you will have to pay if you're self employed.
Any profit left over after you've paid yourself a reasonable salary or wage is something you can take as a distribution from your S-Corp. Distributions you take from your S-Corp are not subject to Social Security or Medicare taxes. This means if your business profits $50,000 and you give yourself a salary of $30,000 throughout the year, then you only have to pay the 15.3% self employment tax, or FICA tax, on that $30,000 your business generated. The remaining $20,000 could be taken as a distribution from your S-Corp, and you wouldn't need to pay self employment taxes, or 15.3%, on that $20,000. This would save you over $3,000!
*NOTE: You should discuss all strategies in this video with a qualified and licensed CPA or tax advisor. And in the case of an S-Corp, this is especially true. I say that because electing to be taxed as an S-Corp is a complicated subject that I am qualified to give definite information on.*
More information about S-Corps can be found Below:


Aside from these tax saving strategies that can effectively lower your tax rate, tax bracket, and taxable income, you should consider hiring a great CPA. A good accountant can help you save thousands of dollars in taxes!

*THIS VIDEO IS FOR ENTERTAINMENT PURPOSES ONLY*

How Do I Budget A Small Business? Plus Self Employed Taxes 101

If you're self-employed, you pay the combined employee and employer amount, which is a 12.4 percent Social Security tax on up to $127,200 of your net earnings and a 2.9 percent Medicare tax on your entire net earnings. -SSA.Gov



Quarterly Business Tax Payments
The rule is that you must pay your taxes as you go. If at filing time, you have not paid enough income taxes through withholding or quarterly estimated payments, you may have to pay a penalty for underpayment. - TurboTax



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Avoid Paying Income Tax Legally! The Power of Network Marketing!

If you are in a Network Marketing (or MLM) business you are sitting on one of the best ways to reduce your Income Tax.

Discover the 6 Deductions Most Home Entrepreneurs Miss at Tax Time! FREE DOWNLOAD:



ONLINE COURSE: Make your Home-Based Business a Legitimate Tax Deduction Machine!



--- Check out my page on Facebook for daily tips, articles, tactics and strategies to reduce your INCOME TAX!

Disclaimer: The information provided in this video is not intended to replace any legal or financial advice. Please consult with your tax preparer for specifics in your situation and local tax laws.

#AskDoug #WorkfromHome #IncomeTax

A Home Business Has So Many Income Tax Deductions

In this video I answer two questions:

1. What are the things people do not realize when it comes to REDUCING our INCOME TAXES through a Home Business?

2. What are Tax Deductions and how does that work?

Would you like to calculate your estimate annual tax savings for having a home-based business? Download the Mobile App calculator here:

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Do you have a QUESTION you'd like me to answer?

Leave a comment below. I might add it to an upcoming video. Looking forward to hearing from you.

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-- Discover the 6 Most Ignored Income Tax Deductions,
That's Costing You Thousands! (plus the BONUS income savings tax calculator)


ONLINE COURSE: Make your Home-Based Business a Legitimate Tax Deduction Machine!



--- Check out my page on Facebook for daily tips, articles, tactics and strategies to reduce your INCOME TAX!

Disclaimer: The information provided in this video is not intended to replace any legal or financial advice. Please consult with your tax preparer for specifics in your situation and local tax laws.

#AskDoug #WorkfromHome #IncomeTax

Learn Why Home Office Deductions Don't Always Work | Home Based Business Exposed!

#Run👏Me👏Those👏Numbers!

Get your copy of the Home Office Deduction Calculator tool here:



Having a Home Based Business doesn't always work the way people want you to believe.

Therefore, I want you to: Learn How To Tell The Truth Between What You See & Hear And What’s Real.

In the words of the famed recording artist… Jay-Z:

“This might offend my political connects”.

Having a home office is a great tax advantage if you actually have a Home Based Business. Meaning that you are a highly motivated and extremely serious entrepreneur, who is putting in a serious effort to create or sustain their lifestyle.

But, starting a home based business just for a purpose of writing off extras to save money during income tax time… is a very serious flawed strategy.

However, there are a many of individuals who use the glorious idea of having a home-based business to lure you in to sign up under them.

But...

The truth is… it doesn’t work like that.

Watch the Video and see how it works. Enjoy.

Get your copy of the Home Office Deduction Calculator tool here:



To find out more about the 9 Profit Tests Factors (Hobby vs. Business) Click Here:



Note:

I am going on record stating that I don’t have a problem with the Network Marketing Industry or the individuals who are in it.

I personally know a few great individuals who are in the industry and doing well.

What I do have a problem with are those individuals who use manipulative tactics to entice people to “join their team”.

How Rich People Avoid Paying Taxes -Robert Kiyosaki

Robert Kiyosaki’s SECRET Tax Hacks PART 1


Discover a way to pay less taxes legally, deductions you can apply and the three strategies Robert Kiyosaki uses to pay 0% in taxes.

Regular employees pay about 40% in taxes while self-employed people like doctors, lawyers & accountants pay 60% tax. Business Owners on the other hand pay 20% tax with investors paying 0% in taxes. Wouldn’t you want to be on the right side of the CASHFLOW Quadrant? It is absolutely possible to go around paying 0% tax. You don't have to be a crook to not pay taxes, you just have to be smart. 

In fact, the government doesn’t want you to pay taxes. They use taxes as incentives to get you to do what they want you to do. 

Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.

With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.

Robert’s most recent books—Why the Rich Are Getting Richer and More Important Than Money—were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.



Facebook: @RobertKiyosaki


Twitter: @TheRealKiyosaki


Instagram: @TheRealKiyosaki
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Tax Benefits by Owning a Home Based Business by Sandy Bodkin

Did you know there are two Tax Systems in the United States... one for Employees and one for Business Owners? Did you know that owning a Home-Based Business has many advantages over having a job? Do you know how little is actually earned when the second spouse decides to get a job to help with family finances?

Sandy Bodkin breaks down the costs and expenses incurred in taking on that second job compared with having a Home-Based Business.

Learn More by visiting and

How I Setup My Business To Pay Crazy Low Taxes & Have Higher Protection

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5 Ways To Pay LESS Taxes Legally

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6 Ways To Pay Less Money In Taxes
1:00 - Net your capital gains
2:37 - Start a business to get business deductions
3:51 - Don’t overpay on your taxes! Hire a tax professional to help you get the most deductions
5:51 - Invest in real estate to get real estate deductions
6:54 - Pay your taxes on time


What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset.

Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.

Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #FTM #ThinkMinority


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7 Ways To Avoid Paying Taxes For Businesses - Legally and Illegaly

Today I'm giving you 7 ways you can avoid paying taxes to businesses. Bot legally and illegally.

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Top Business Deductions for 2019

For Non-Business PERSONAL Deductions:

This Video is for the top 10 business tax deductions that are most often misused, misunderstood, missed, and/or abused...

00:03:46 - What is deductible? All Ordinary and necessary expenses...
00:06:30 - Skip Intro, go to HOME OFFICE EXPENSES
00:11:21 - VEHICLE EXPENSES
00:18:04 - INSURANCE EXPENSES
00:24:08 - CHARITY AND POLITICAL CONTRIBUTIONS
00:27:41 - MEALS AND ENTERTAINMENT
00:31:27 - TRAVEL EXPENSES
00:36:53 - EMPLOYEES AND SUBCONTRACTORS
00:41:02 - RETIREMENT AND DEFERRED COMPENSATION PLANS
00:43:25 - WRITING OFF OPEN RECEIVABLES, PAYABLES, AND INVENTORY
00:49:19 - START-UP EXPENSES AND OTHER EXPENSES PAID OUTSIDE OF BUSINESS BANK ACCOUNTS
00:51:08 - BONUS: QUALIFIED SMALL BUSINESS AND PASSTHROUGH ENTITY DEDUCTION (Sec. 199A)


Most new entrepreneurs ask they accountant this real common question: “Which expenses are deductible for my business?”
The answer I give to all my clients is: “Any expense that is necessary, ordinary, reasonable, documented, and legal may be deductible…” …and what do these terms mean?
* Ordinary: means it is commonly accepted in the industry and seen often with other businesses in the same trade
* Necessary: means the expense was required in order to generate the business income or it was incurred as a consequence of the income producing activities. But it does not need to be indispensable in order to be deductible
* Reasonable: this is very subjective, but in essence it means it is not lavish or extravagant
* Documented: means that the taxpayer has the burden of proof to prove the expense existed, that the amount reported is accurate, and it has a true business purpose (necessary)
* Legal: the expenditure cannot break any laws, be considered a bribe, or made in connection to an illegal activity / or activity in which the business does not gave the legal capacity to perform

It also also worth mentioning that there are 10 tax deductions very commonly missed, misused, and/or abused, and those are:
1. Home Office Expense: Frequently failing to document the square footage of the home, creating a business-only environment, and document its business purpose is the most common issue
2. Vehicle Expense: mixing personal and business use of vehicles and not properly tracking milage is a large are of non-compliance
3. Insurance: Specially with health and life insurance, which have very special rules in order to be deductible.. in many cases these may NOT be deductible if rules are not followed
4. Charity and Political Contributions: For pass-through entities, such as S-Corporations and Partnership/LLC’s, charity is “deductible” only on the persona return, but most taxpayers cannot get any benefit for it because of standard deductions. Political contributions are NEVER deductible
5. Meals & Entertainment: the “entertainment” factor really affects the deductibility of this expenses. NOTE: in 2018, there are significant changes in the tax code for Entertainment expenses
6. Travel Expenses: frequently combining personal with business travel is a large priblem
7. Employees and Subcontractors: not properly correctly categorizing employees or contractors and reporting them as such; which may lead to large payroll tax penalties or disallowance of contractor expenses
8. Retirement and Deferred Compensation Plans: failing to include ALL the employees in the company plan and/or not taking advantage of the income deferral tax deductions
9. Proper Write-off: of open invoices/receivables that are deemed uncollectible, open bills/payables that will not be paid, and adjusting Inventory quantity/valuation. For ACCRUAL-BASIS taxpayers
10. Pre-startup costs: made before the business started and.or in connection to setting up the business. Also some business owners tend to “cover” business expenses with personal funds or personal credit cards (outside of the business bank accounts) and forget to register it in the business books
11. BONUS: Section 1099A... More to come

my e-mail: hector@garciacpa.com
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The Tax Advantages of Owning a Home Based Business

I'm Here To Inspire And Educate People How To Increase Their Income, Escape Living Paycheck To Paycheck, and Build Long Term Wealth. If You Don't Own a Home-Based Business You Don't Understand The Income Tax System That Rewards The Business Owner And Punishes The Employee. Discover The Proven Formula To DOUBLE Your Income And Escape Living Paycheck to Paycheck For The Rest Of Your Life. If You Would Like To Get Started Immediately Contact Me At (334) 657-8337, email me at info@cjenterprisesal.com or visit my website at

HOW TO PAY LESS TAXES (How The Rich Do It...)

In today's episode, Matthew Pillmore, president of VIP Financial Education, outlines 6 ways the rich and successful pay less taxes to the IRS year after year. Want to learn how to pay less taxes so you can keep more of your hard earned money? Of course you do. Be sure to watch today's episode to learn how to pay less tax legally.


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Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds.

Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!!


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#PayLessTaxes #Taxes2019 #VIPFinancialEd

Tax LOOPHOLES The Rich Don't Want You To Know -Robert Kiyosaki

Years ago, my rich dad told me, “When it comes to taxes, the rich make the rules.” He also said, “If you want to be rich, you need to play by the rules of the rich.” The rules of money are skewed in favor of the rich, and against the working and middle classes. After all, someone has to pay taxes.

There are many ways that the rich make a lot of money and pay little to no money in taxes. On the flip side, the poor and middle class toil away for their money, pay more in taxes the more they earn, and then park their earnings in savings and/or retirement accounts. In the meantime, they receive little or no cash flow on which to live while waiting for retirement -- when they’ll live on their meager savings.

Doesn’t it make more sense to play by the rules of the rich, and earn more while paying less in taxes?



Facebook: @RobertKiyosaki


Twitter: @TheRealKiyosaki


Instagram: @TheRealKiyosaki

Understanding The Tax Advantages Of A Home Based Business

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Avoid Paying Taxes Legally!!!!

NOT only am I #homebased business strategist, a business consultant. I am a Internation Executive Leader in Paycation Travel. We have the perfect vehicle to help you maximize on these amazing tax breaks spoken here! Contact me today to get started

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