How thousandsof people likeYou are SavingThousands onTaxes!

Did you know youcould be throwingaway thousands ofdollars a year?

This short articlewill show you howto stop wastingmoney and startkeeping more ofyour hard earnedcash!

Now is the time to stop throwingaway money you could keep!

The bad news is you are probablythrowing away cash right now thatyou could keep in your pocket.

The great news is Congress hasapproved major tax breaksspecifically for those who operate ahome-based business…

Why? Because home-businesses aregood for the economy, and theyprovide a "safety net" if a taxpayerwere to lose his/her primary source ofincome.

If you do not have a home-based business you lose-outon ALL these HUGE taxdeductions. Period.

But you must "Qualify" for them, andthat's EASY!

The IRS is very specific about therequirements for qualifying for homebusiness deductions.

1. You must run your business withthe intent to produce a profit (you donot have to make a profit in order toqualify for the deductions -- just beworking toward making a profit)

2. Work your business on a regularand consistent basis - perhaps an hour

Nulla quis nibh. Proin acpede vel ligula facilisisgravida. $45 per nightwww.company.com

a day, four or five days a week. And, ofcourse, you must keep good records.

Get BIG Tax Benefits if YourHome is a "Principal Place ofBusiness"...

Having a Home Office can allow you toconvert thousands of dollars worth ofnon-deductible personal expenses, intotax-deductible business expenses.

These may include:1. Mortgage or Rent2. Heating3. Air Conditioning4. Electricity5. Natural Gas6. Oil7. Water8. Trash Collection9. Recycling fees10. Home Association Dues11. House Cleaning12. Exterior Painting13. Security Alarms14. Major repairs15. Computers16. Internet17. Phone and Mobile Phone18. Dining19. Clothing20. Gasoline, Hotels, Travel21. Your Savings Highway MembershipAnd much more!

Qualifying is simple if the primaryadministration of your home based

HOME-BASED BUSINESSTAX SAVINGS

business takes place in your home,and if the Home Office area is usedregularly and exclusively forbusiness.

Here is how YOU Can GetUncle Sam to PAY forYOUR Home-BasedBusiness! We're TalkingAbout MAJOR TaxSavings!

When the average entrepreneurunderstands what tax breaks areavailable to home-based businessowners, how easy it is to qualify, andhow simple the record keepingrequirements are, the new deductionswill usually slash their taxesdramatically, sometimes up to 30 to40 percent or more.

That means thousands ofdollars in tax savings yearafter year,

for as long as you are activelyrunning your business and making (ortrying to make) a profit. Average taxsavings for many is $3,500-$7,000per year, averaging around $100 perweek extra cash in your pocket whichis MORE than enough money to run aSavings Highway business!

How can Home-BusinessTax Savings Put EXTRACASH in Your Pocket?

Let's say you're currently having$1,000 per month withheld from your

paychecks for taxes. Now, let's sayyou compute that the new home-business deductions you can qualifyfor, will be slashing your taxes byabout 40 percent (as an example).

That means you would now need tohave only $600 withheld for payrolltaxes (40% less than $1,000).

Your payroll office at work will makethis change for you if you ask them.

So what happens to the other $400that's no longer being withheld fortaxes? It shows up in your take-homepay! Using that example, you'd beginputting $100 PER WEEK extra cashin your pocket!

And that can begin on thevery next payday after youvisit your payroll office.

So here the question:

Is $100 per week, enoughmoney to start and runYOUR Savings Highwaybusiness?

In nearly all cases theanswer to that is, "YES!"

What About the Actual Costs ofOperating Your Business?

The bottom line answer is that they'realmost all 100% tax deductible!

The costs of starting-up your homebusiness, promotional materials,product samples, meeting attendance,Internet access fees, cellular phones,fax lines, Palm Pilots, leads lists, web

site hosting fees, 800 numbers,computers, mobile devices, brief cases,business cards, and home officefurnishings -- all can be 100% deductibleif they are used 100% for business.

The rule of thumb is this: any expenseyou incur because of your business, thatyou would not have incurred if you didn'thave a business, is probably deductible.

The Key to your BIGGESTDeduction may be in yourIgnition!

Many people in home-based businessescan honestly and legitimately deduct$3,000 to $6,000 or more per year for useof their personal vehicles in their home-based business.

Keeping a 90-day log once a year,showing the Date, Destination, PrimaryPurpose and starting/ending Odometerreadings of each trip, are the only recordsyou need to keep.

Note that only the primary purpose ofeach trip needs to be recorded. Even ifyou combine a personal errand with anecessary business errand, the vehicle useis still tax-deductible, as long as theprimary purpose was business and

HOME-BASED BUSINESSTAX SAVINGS - 2

the personal errand did not add anyadditional mileage.

Tax laws even give you a choice ofmethods of computing the value ofyour deductions. Figure the deductionboth ways, and use the one thatbenefits you the most.

Even 'Vacations' may be DeductibleIF You Plan them Properly.

If you know the rules, you cancombine business with pleasure(mostly pleasure!), and deduct 100%of your travel costs, 100% of yourhotel, 100% of ground transportation,100% of tips and gratuities, and 50%of your meals -- all as BusinessExpenses. Even if most of your timeis spent 'playing' and sight-seeingwith your family!

The Rule: More than half of yourdays away from home have to countas "Business Days." So, what's a"Business Day?" Travel days usuallycount as business days (that's 2 daysper trip, right there!), any day youattend a pre-scheduled meeting (nomatter how brief!) counts, weekendssandwiched between business dayscount, etc.

Hire Your Own Children in yourHome-Based Business to earn Tax-Free Income.

If you have a child (or children) atleast 7 years old and under 18, andemploy him/her/them in your home-based business, (a) they are notsubject to child labor laws, (b) nopayroll withholding is required, (c)the cost is 100% deductible to you asa business expense, and (d) theincome is 100% tax-free to the child!

And the wages they earn can be usedby you for anything that benefits thechild. Tax-free tuition? Tax-freetutors? Tax-free music lessons? Tax-free summer camps? Tax-freewedding? Tax-free graduation trip?YES! That's as good as it gets!!!

ALL Health Costs for Your EntireFamily can be Tax Deductible! ButONLY if you’re a home businessowner.

Most taxpayers can deduct onlyhealth care costs that exceed 7.5% oftheir taxable income. So mosttaxpayers can't deduct anything.Except you!

If you're married and employ yourspouse in your home-based business,you can give your spouse - as anEmployee Benefit --reimbursementfor all health related costs not coveredunder any other insurance plan -- forthe employee (spouse) and his or herimmediate family, which includesYOU and the KIDS! Coverageincludes annual deductibles, co-pays,non-covered expenses likeorthodontics, and even over-the-counter drugs.

Ok, So What Do You Do?

If you have a (1) job, (2) pay taxes onyour wages, and (3) also work ahome-based business at least 3-4hours a week, then understanding andusing these tax deductions authorizedby Congress can legally slash yourtaxes by THOUSANDS ofDOLLARS – year after year!

Even the required record keeping iseasier and quicker than you think -- itcan be done in about a minute a day!

Congratulations! You now know thesecrets to saving thousands of dollars onyour taxes, and you can start your ownSavings Highway home-based business.

You can get all the tax breaks when youown and operate a legitimate home-basedbusiness, such as SavingsHighway.

To get started, contact your IndependentSavings Highway Representative to learnhow you can sign-up and start savingmoney on things you already spendmoney on, including taxes.

If you need assistance, visit us online atwww.savingshighway.com andwww.savingshighway.com/support. Joinour mission to help people Save Money,Make Money and become financiallyfree.

Credit: This article was derived frominformation provided by Dr. RonMueller.

DISCLAIMERPursuant to Circular 230 issued by theUnited States Treasury Department andrelating to practice before the InternalRevenue Service, any comment oropinion in this document relating to afederal tax issue is not intended to beused, and cannot be used, by a taxpayerfor the purpose of avoiding tax-relatedpenalties that may be imposed on thetaxpayer. Please consult a certified CPAfor all tax related issues.SavingsHighway.com does not guaranteesavings or earnings.

© www.SavingsHighway.com

HOME-BASED BUSINESSTAX SAVINGS - 3