Wow! Just finished reading a great book! Not a book on motivation, attitude, or goal setting - but... taxes! Yes, you probably went ugh - taxes. Regardless of whether you're a traditional business owner or a network marketer, Lower Your Taxes - Big Time! by Sandy Botkin is a must read. Sandy Botkin is a former IRS attorney and senior tax law specialist.
For the new business owner, running a legitimate business from your home office has great tax advantages. First, if you already don't have a good accountant, get one! Call a successful friend or business acquaintance and ask them who they use for their accountant. I recommend getting three (3) recommendations and call each accountant and interview them. Don't pick the cheapest accountant! Pick the accountant who you feel will be a trusted advisor, who you feel comfortable with, & who is supportive of your business interests/goals. I've been with the same accountant for 14 years. He's a tremendous resource & trusted advisor.
While you're choosing your accountant, order this book!
It can possibly save you thousands of dollars even if you're building your business on a part-time basis and still employed. I had to chuckle when I opened the Table of Contents and read the Chapter titles. Chapter 1 - Why You Would Be Brain Dead Not to Start a Home-Based Business (if you don't already have one). You'll have to get the book to read the rest of that story. Wouldn't it be great to find out how to deduct your family vacation as a legitimate tax deduction? Wouldn't it be great to learn how to turn your vehicle into a tax deduction with gas prices soaring through the roof? Get the book.
Many people going into business today have never been in business. Part of our business education is learning to become more financially intelligent - that includes understanding tax advantages as a business owner. Sandy's book will save you a lot of time, effort, & possibly grief.
You can get Sandy Botkin's book on Amazon.com. You can also visit Sandy's website directly and get his free reports & tips at http://www.taxreductioninstitute.com/article.asp
Make an impact today! Greg
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