Congress has told the IRS to give thousands
of dollars in Tax Refunds and
Deductions to ANYONE who has a small or home based business
now, OR who had one at anytime in the past 3 years. You probably
qualify!
People who run a small or home based
business now qualify for a greater array of tax deductions than any other
category of taxpayer! Even the super-rich, with their high-priced tax lawyers,
can't get the tax breaks that
YOU can, simply by operating a
"side-business" that may take you only a small amount of time to run.
Congress wants to encourage taxpaying Americans just like YOU to have a
home based business because it is good for the overall U.S. economy. They've
passed legislation that allows HUGE tax breaks to encourage your success.
They'll even let you take tax deductions on losses from your home-based
business, even year after year, as long as you are actively and legitimately
pursuing a profit.
70% of the U.S. job growth is coming from small
businesses, and Congress is “betting” that some of you will hit on a
winner, strike it rich, and, then, pay a LOT in taxes. Of course you won't mind
paying a lot in taxes if you're making a boatload of profits, right?
You
may even qualify for these tax deductions retroactively! Most of the tax
deductions and legitimate write-offs now available to taxpayers who run a small
or home based business, also apply to the past 3 tax years.
In order to
ensure that you don't miss some large deductions that could save you a great
deal of money, it is wise to consult with an income tax professional so that
you don't miss any of commonly missed tax deductions.
