Happy New Years! I lost one of my friends a couple days ago and it reminded me how delicate life really is. Don’t waste a day…write down your goals and take action daily! You’ll be amazed at how much you can accomplish! 2013…let’s rock!
home business prospecting tips
2013 = More Money. Lower Tax! How?
I have trained over 50,000+ Independent Business Owners on the power of owning a Home Based Business and giving them the tools to do it correctly. One major benefit I help clients discover is the tax benefits of owning a Home Based Business and keeping more of what you make on each W-2 paycheck, NOW, and invest it into YOU and make YOU more money! Why give the Government and interest free loan for a year and hope to get some of it back. It’s YOUR Hard Earned Money!!
Here’s a REAL example:
Take $1 and double it 19 times = $1,048, 576.00
Take the same $1 and double it 19 times WITH taxes taken out = $21, 931.15
Now, WHY do the rich get richer and the poor get poorer…the rich understand that to have MONEY making YOU MONEY…you need to reduce your tax liability to the LEGAL (key word) legal, minimum. This allows you to keep more of what you make and invest it into YOU!
Two Tax Systems
Employees get to write-of almost nothing, but businesses get to write-of almost everything. In 1913 when Congress created the
income tax they setup two systems. One system for employees and the second for employers. Since virtually all taxpayers were
self-employed, home-business owners (they were mostly farmers), the business tax system received preferential treatment. It hasn’t
changed since then!
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Tax Tip: If you have a home-based business operated with a profit motive, you can convert a
portion of your personal, non-deductible expenses to deductible, business expenses.
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Here is a sample of what an “Employee” paycheck looks like vs. an “Employee + Self Employed Entrepreneur”
EMPLOYEES
• Work Hard
• Immediately Lose a Huge Chunk of their Wages to Taxes
• Get to Take Home Whatever is Left After Taxes are Paid
• Are Entitled to Limited Deductions
SELF EMPLOYED ENTREPRENEURS
• Earn Money
• Spend for Whatever They Want or Need
• Pay Taxes on Whatever is Left Over
• Deductions Include:
• Mortgage Interest or Rent
• Gas, Electric, Water, Trash
• Cleaning Crews to Dust, Vacuum, Empty Trash
• Computers, Fax Machines, Copiers, Telephones
• Paper, Staples, Ink Cartridges, Postage
• Desks, Sofas, Coffee Tables, and other Furniture
• Painting, Wallpaper, Carpeting, Repairs/remodeling
• Cell Phone Bills, Pagers, Palm Pilots
• Newspapers, Magazines, Books, On-line Media
• Plane Tickets, Hotel Costs, Meals, Rental Cars
• Lunches, Dinners, Ball Games, theatre Tickets, Health
Clubs
• Security Alarms, Hidden Cameras, Guard Dogs
• Health, Life, Dental, Vision, Disability Insurance
• Company Cars (even boats), Airplanes
• Gifts to Charity, 401k, SEP-IRA, Profitt Sharing
• Contributions to Employee Retirement Plans
• Lawn Mowing, Landscaping, Snow & Leaf Removal
• Holiday Cards, Gifts, Postage, Mailing Service, Flyer
Delivery
• Marketing, Advertising, Promotion, Business Development
• Accounting, Bookkeeping, Legal Fees, Contract Labor
• Printing, copying, DBA filing
• Bank fees, Interest expense, Business License
• Website hosting, Website creation & maintenance
• Internet Access, eFax, Training, consulting, tax preparation
• And just about any other expense that is “ordinary and
necessary.”
If your home is now your primary business location, and if your business includes selling a range of products that require
warehousing, the business use percentage of your home and garage may qualify for additional tax deductions.
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I was blown away when I learned this incredible knowledge about tax strategies how to build your wealth. I partnered with the experts in the field of taxes and tax preparation to provide my clients this information so they get it straight from the experts and can start and run a home based business correctly…..and quickly learn how to maximize their money!
2013! Let’s show people how to get a RAISE, Today!
Much more to come…..
Happy New Year!
Eric
www.erictippetts.com (join my free “7 days to profitability” video training series)
Connect with Me: 
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Here my disclaimer on information above from my legal department:
Eric Tippetts nor its educational subsidiaries nor any of their respective officers, personnel, representatives, agents or independent contractors are, in such capacities, licensed financial advisers or licensed tax advisers.
Tax strategies and techniques depend on an individual’s facts and circumstances; accordingly, the information presented in this website and organization must be correlated with the individual’s tax situation to establish applicability. Moreover, because of the complexity of United States tax laws, the constant changes resulting from new developments and the necessity of determining appropriateness to a particular taxpayer; it is important that professional advice be sought before implementing the tax ideas suggested in this website.
Any and all information contained within this website should not be construed as tax, legal, or investment advice. Such information is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding any federal or state taxes.
If you have any questions, Call Accountable Solutions at 1-866-282-3127
© 2013 Accountable Solutions THE DIRECT SELLERS’ TAX EXPERT.
How to Get Your Creative Juices Flowing – Meet “Yaya” the Elephant!
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I recently had the privilege to travel to Phuket, Thailand to relax and get my creative juices flowing. While relaxing at the pool, i heard a commotion on the grass and this is what I walked up to….this elephant has more personality than most house pets…If you ever get a chance, Phuket is amazing and Yaya is the local elephant at the JW Marriott! Enjoy!
2013 is going to rock!!
Eric
Connect with Me:
7 Days to Profitability…How To Master The Irresistible Offer!
Imagine a rejection-free, resistance-free way to attract prospects to your Network Marketing Business because you have the power to give them a Legitimate raise in their W-2 monthly income – TODAY!
Watch this quick video and goto www.erictippetts.com to get signed up Free for this Video Training Series!
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Enjoy! Let’s make 2013 the best ever!!
Eric
The Truth about Selling! Can You Handle It….
I see so many people get into some kind of Home Business with the expectations of instant success and returns. Remember, building a business takes time and commitment. One commitment is staying in the game and growing a thick skin to handle the word “NO”.
Here is the Truth about Selling and how quickly people give up. Print this and commit to yourself to BEAT these odds! You Are As Good As You Believe You Are!
The Truth
80% OF ALL SALES ARE MADE AFTER THE FIFTH CALL
48% OF ALL SALESPEOPLE MAKE ONE CALL AND QUIT
25% OF ALL SALESPEOPLE CALL TWICE AND QUIT
17% OF ALL SALESPEOPLE CALL THREE TIMES AND QUIT
10% OF ALL SALESPEOPLE KEEP CALLING
80% OF ALL SALES ARE MADE BY 10% OF ALL SALESPEOPLE
Which Are You? The 80% that Quit or the 10% that Commit to Success!!
Do It!!
Go make a difference in someone’s life today!
Have a great day!!
Eric
MLM Recruiting Tip #1
“Fear is a thief of dreams!”
The only way to overcome fear is by taking “action”!
Take action daily and you quickly find the things you feared most become accomplishments behind you.
MLM Recruiting is one of the most feared tasks for Network Marketer / Direct Sellers.
Remember, People are people and if you add value to a relationship…someone can do nothing but thank you!
Stop Selling. Start adding value to those who you talk to and watch how quickly they respond in a positive way.
Leaders Are Readers!
Good information that enables someone to be a better person is Massive Value!
Learn something new everyday!
Have a great day!
Eric
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