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Category Archives: Tax Savings

Are You Eligible For Home-Based Tax Deductions?

Follow Vics Lead Posted on October 26, 2018 by Vic BilsonNovember 27, 2018

New changes in the tax laws have made it easier than ever to claim Home Office Deductions and keep more of what you earn. If you carry on your business at home, you can include a lot of your personal … Continue reading →

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Tagged home based business, home business tax deductions, taxes

Tax Deductions Under Section 179 Can Save You Money

Follow Vics Lead Posted on October 8, 2018 by Vic BilsonNovember 27, 2018

A simple deduction under section 179 can go a long way in helping you save money. How Does Section 179 Help You To Save Taxes? If you are doing business, you can save a lot of money under section 179 … Continue reading →

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Secrets The IRS Does Not Want You To Know

Follow Vics Lead Posted on October 1, 2018 by Vic BilsonSeptember 17, 2018

For average Americans, taxes are the single largest bill they will pay. Almost 40% of every working person’s wages go to taxes: that’s more than most people pay in utilities, rent, car loans, or education expenses. And while the burden … Continue reading →

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The Ultimate Tax Shelter

Follow Vics Lead Posted on May 1, 2018 by Vic BilsonMay 1, 2018
tax shelter

Starting and operating your own home based business is the ultimate tax shelter. Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions. 1. Non-Deductible Personal Living Expenses All … Continue reading →

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I’m Increasing My Tax Refund by Thousands!

Follow Vics Lead Posted on March 23, 2018 by Vic BilsonMarch 23, 2018

I ran across a web site that offers a wealth of information about how people like us with a home-based business can increase our Tax Refunds by thousands! I’m estimating about a $3,000 to $5,000 tax savings, based on what … Continue reading →

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Taxes – And Your Online Business

Follow Vics Lead Posted on March 15, 2018 by Vic BilsonNovember 28, 2017

Doing business online is starting to be a much preferred way of transacting business both by the sellers and the buyers not only because it is way more hassle-free than real shopping but also because it provides a chance for … Continue reading →

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Tagged sales tax, taxes

Home Based Business Tax Advantages

Follow Vics Lead Posted on March 9, 2018 by Vic BilsonMarch 9, 2018

You may already know how wonderful it can be to work from home, but do you realize how many home based business tax advantages exist? Here in the United States, many people operate home based businesses just to take advantage … Continue reading →

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Are you getting back a big refund?

Follow Vics Lead Posted on January 15, 2018 by Vic BilsonAugust 15, 2017

First (I have to ask this) why did you wait for 10 months to ask for your money back? And second, please don’t admit publicly that you have a big refund coming, because you don’t want people who know you, … Continue reading →

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Tagged home business tax savings, taxes

Small Business Tax Made Simple And Easy

Follow Vics Lead Posted on November 6, 2017 by Vic BilsonNovember 28, 2017

Starting up a small business could be a great way to make a living. The available options for the industry you create your company in are expanding, and more and more individuals are taking advantage of this. Whether you are … Continue reading →

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Tagged tax deductions

What Can You Do to Protect Your Family?

Follow Vics Lead Posted on October 22, 2017 by Vic BilsonSeptember 28, 2017

Job insecurity and higher taxes — not a reassuring combination, is it? Is there anything you can do? The answer is YES, because running a home-based business provides you 3 BIG advantages: The tax-benefits, alone, will usually pay for all … Continue reading →

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Taxes and Your Online Business

Follow Vics Lead Posted on October 19, 2017 by Vic BilsonNovember 28, 2017
work at home

Do I Have To Pay Taxes? Perhaps the most common misconceptions about taxes and your online business is that the two are not related to each other. Most people think that online businesses are not really taxed. That’s why more … Continue reading →

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About Your Taxes

Follow Vics Lead Posted on October 8, 2017 by Vic BilsonAugust 15, 2017

How much did you pay in taxes last year? Are you sure? Take a look at the total amount of money withheld from your wages last year (that’s line 63 on your 1040 Tax Return), and Subtract your Refund amount, … Continue reading →

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Taxes – And Your Online Business

Follow Vics Lead Posted on September 15, 2017 by Vic BilsonAugust 15, 2017

Have you been struggling to find a great job which earns you good pay? It is quite difficult to do these days. Not everyone can actually have the job of their dreams with a good salary to boot. That’s one … Continue reading →

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If you don’t have a home-based business, start one today!

Follow Vics Lead Posted on September 5, 2017 by Vic BilsonAugust 15, 2017

The tax-advantages alone can put thousands of cash dollars in your pocket making it one of the best financial moves you’ll ever make. This may be a decade of tremendous corporate profits and economic growth, but for the vast majority … Continue reading →

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Tagged home based business, Sandy Botkin, Tax Savings

A Hidden Tax Advantage for Proprietors

Follow Vics Lead Posted on April 10, 2017 by Vic BilsonMarch 29, 2017

If you are a Sole Proprietor, there’s a particular advantage you have over firms that have incorporated. You can employ your own kids, so long as they’re under eighteen, and pay no federal payroll tax. And interestingly , they don’t … Continue reading →

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Tax Assistance For Home-Based Businesses

Follow Vics Lead Posted on April 4, 2017 by Vic BilsonMarch 7, 2017

Beware the Ides of March! All Julius Caesar had to worry about was assassination. As a home based business owner, you have to worry about the IRS and the dreaded April 15 deadline for filing your income tax return. Assuming … Continue reading →

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Tagged home business tax deductions, irs, taxpayers

Avoid Deducting Expenses in the Wrong Place

Follow Vics Lead Posted on March 31, 2017 by Vic BilsonMarch 10, 2017

Did you know that your travel expenses can save you as much as 50% in taxes or save you ZERO taxes? You may be surprised to hear this but there is actually a RIGHT way and a WRONG way to … Continue reading →

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Important IRS Information

Follow Vics Lead Posted on March 28, 2017 by Vic BilsonSeptember 28, 2016

The IRS might OWE you MORE money! Did you know that Congress has told the IRS to give Huge Refunds and Deductions to taxpayers who have a home based business, OR anyone who operated one at any time since 1998? … Continue reading →

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Do you want to pay less taxes?

Follow Vics Lead Posted on March 18, 2017 by Vic BilsonMarch 7, 2017

“Right on” is a popular slogan that describes something that is accurate and in most cases, very good. “Write-off” is a popular attraction for people that own their own business. For most traditional business owners, the only way they can … Continue reading →

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Tagged business from home, home business tax, legitimate business from home

Are you paying enough in income taxes?

Follow Vics Lead Posted on December 29, 2013 by Vic BilsonSeptember 26, 2013

If you are like most Americans, you’re probably overpaying your fair share of taxes. But, it doesn’t have to be that way. While millions of working American’s try to squeeze out a few extra dollars every week from their paychecks … Continue reading →

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Tagged building wealth, business expenses, financial strategy, home business tax, tax reduction, Tax Savings

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