ChocolateBizTools

It's How Much You Keep That Counts - If you are a taxpayer operating a legitimate Home-Based Business with the intent to make a profit, most likely you can slash your taxes, perhaps by up to 50% or more! You might even qualify to claim Thousands in refunds on previously filed Tax Returns! Most people who have a "W-2 job" can increase their take-home pay by up to $200-$500 per month, sometimes even more!

Getting Started & Setting Up - The most common reason home business owners don’t take advantage of the thousands of dollars in savings available to them is they don’t know where to start. They dread tracking expenses, getting audited by the IRS, or are just overwhelmed by the 66,000 pages of tax code. This product is specifically designed for you. Take the first step. You’ll be amazed by how simple, quick and safe saving money can be. In just 30 minutes you can read the 32 page book and/or listen to the included audio CD which talks about the savings now available to you as a home business owner. Never before has such an easy to understand book been available exclusively for independent home-based business professionals!

Automobile Deductions - Automobiles are the greatest single source for the home business entrepreneur to reduce tax liability. If you are in a 28% tax bracket, you may as well be throwing a dollar bill out the window every 3 miles you drive—IF you’re not taking deductions. This book is the most simple and straightforward compilation of vehicle tax deduction information available including practical tracking tips.

Travel & Entertainment Deductions - Most home-based business owners participate in conventions and extensive training events. They also participate in numerous local events and meeting which, over time, can be expensive. The good news is that these associated business expenses are almost entirely deductible. In fact, even vacations can be tax deductible if you organize them around business meetings and properly document. This 42 page booklet and companion audio CD feature specific tips on making the most out of your travel and making sure you reduce your tax liability as much as possible.

Home Office Deductions - The pursuit of tax breaks was probably not your primary reason for setting up your home office. However, there are legitimate and substantial tax advantages to working from home and you owe it to yourself to take full advantage of them. These breaks alone may very well pay for the monthly costs of your home-based business. This simple 32 page booklet and companion audio CD will help you save hundred if not thousands of dollars by taking deductions for existing day-to-day expenses.

Miscellaneous Home Business Deductions - Hardly a week goes by that you can’t read about a Fortune 500 company negotiating a multi-million dollar incentive package with a local government as part of their negotiations to open a new plant, big-box store or regional office. How is your home business different? …Not by much! The tax deductions available to you can either be looked upon as savings or an incentive by the government to help fuel your own business growth. While seven-figure incentives from your local government are not part of your home business future, on a pro-rated basis there is plenty to learn and save from within this 49 page booklet and companion audio CD.

Business Expense & Auto Mileage Tracker - The number one reason people fail an audit is because of improper documentation. We hope you never face an audit, but if you do this tracker could make all the difference. With a 2-in-1 format, this handy expense tracker has been designed to help you track ALL of your deductible tax expenses. Forget daily/weekly trips to wherever you've stored your filing cabinet--if you can even remember where it is. Instead, store this in your glove box, console or other convenient location and track all of your expenses in a single place with easy access. Then, be sure to save your receipts in the expandable file folder. You can categorize your receipts by Schedule C line items according to the type of deduction. Make sure you have the documentation you need when doing your taxes!

The Ultimate Tax Kit answers these questions and many more:

What am I entitled to deduct when I’m just starting a home-based business?
See Getting Started & Setting Up, pp.21-24
What is the meaning of “start-up costs” and what tax breaks are available in this area?
See Getting Started & Setting Up, pp.29-30
How do I deduct business meal costs?
See Travel & Entertainment Deductions, pp. 13-15, 24-28, 37
Is there a limit to what I can spend on meal and entertainment expenses?
See Travel & Entertainment Deductions, pp. 29-30
What kind of records do I need to keep in order to validate my deductions?
See Travel & Entertainment Deductions, pp. 38-42
Can I take auto deductions if I don’t use my vehicle exclusively for my business?
See Automobile Deductions, pp. 12, 13, 22-30
Can I take deductions if I do a little business on a personal vacation?
See Travel & Entertainment Deductions, p. 20
What items qualify for home office deductions?
See Home Office Deductions, pp. 7-9
How much do I have to use my office for it to be eligible for deductions?
See Home Office Deductions, pp. 11-19
I just realized I could have been depreciating for the last few years, is there a way to get that money I didn’t claim?
See Misc. Home Business Deductions, p. 13