Qualify for Lower Taxes With Home Business
- 1 hour on-demand video
- 4 articles
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
Get your team access to 4,000+ top Udemy courses anytime, anywhere.Try Udemy for Business
- How to lower taxes, legally by starting a home based business
- How to use a $15 Investment to qualify for a legal home based business
- The Steps Necessary to make your $15+ Investment a Success
- How to grow your business while lowering your taxes by hundreds to thousands of dollars each year
- Ability to connect to the Internet
One of the best and easiest ways to lower your annual US taxes is to start a home-based business. This course shows you how to qualify as a home business using a $15 Domain Name.
The course explains your legal tax deductions, benefits, loopholes and tax savings, which hundreds of thousands of US tax payers are using each year. The course is easy to understand and provides insight into how a $15 Domain Name is generating a 4 to 5 figure annual income for people all over the world.
What you need to do. How to get started. What you must learn, pitfalls and legalities surrounding the IRS tax laws including the new tax reform that includes Section 199A.
- High wage earners with little to no tax write-offs
- Low income wage earners who want to increase income potential
- individuals who want to learn how others are turning a $15 investment into a monthly income
- Website owners who want to understand how to write-off online growth tools
There are serious tax laws on the books surrounding business ventures which are for profit or considered to be a hobby. This lecture shares insight into the tax codes/laws. Students will learn how to make sure their home based is considered to be for profit. This lecture includes information on business loss limitations.
This lecture includes:
How to "Expense" business equipment using Section 179.
After 2017 The maximum amount for Section 179 is up to $1M per year
Example of using the Section 179 - How it can lower taxes by hundreds of thousands of dollars
Expensing your business growth
This lecture includes:
Cost of goods sold
Example of online businesses - Cost of Goods Sold
This lecture includes:
No, the puppy is NOT tax deductible. Explanation
1. Travel Deductions
2. Legal tax deductions
3. Examples of tax deductions
In this lecture we take at digital marketing tax deductions which can be used to grow your business as well as lower your tax liability. ALL marketing, advertising, payment to freelancers, payment to online marketing services and educational courses, including this course are tax deductible when pertaining to your business.
The IRS has this awful habit of finding high profile taxpayers who have cheated on their tax returns and placing them in prison for all to see. They also send people who you've never heard of to prison as well. This lecture shares how the IRS catches cheaters and how they make their case. Do yourself a favor and report ALL of your income and keep records to document your write-offs and expenses.
I am a retired Tax Accountant and Basic Tax Instructor for two of the top Tax Franchise Companies. I'm also the founder of TaxesWillTravel.com a small mobile tax service in the San Francisco Bay Area. I recently retired to Mexico to live well on less. Starting out my retirement income was less than $1200 a month. I have written two books on my retirement, travels, lifestyle as an expat in Mexico and one book on how I and other expats supplement our monthly income, online.
This lecture shares the best way to learn how to build your web traffic Without web traffic nothing happens. Learning the correct way to build traffic is crucial to your $15 investment. This lectures shares how and where to find the best instructors. To get started right-away check with Lecture 9 - How I Get Web Traffic. My personal information is not a substitute for learning the correct way to generate web traffic.
There are many people selling web traffic courses, this lectures shows students where to find the affordable, professional and, effective instructors..
This is the last lecture in the course. How to know in July of each year, how much you may owe the IRS at the end of the year. Easy-Tax-Planning techniques. How the Schedule C Home Business can help lower your taxes. How to learn more about taxes on the IRS YouTube Channel. Please see the Resources for a direct link to the IRS Portal for Small Business owners