Most people believe tax laws are written to help the rich, but the truth is they are the best way for the little guy to get rich! And here is why:
There are two tax systems in this country. One is for the employee, and the other is for business owners. One tax code is for the person with a job and one for the person that created that job, even if that person only created a job for themselves. The difference between the two tax laws are like night and day.
Why is the U.S. government so concerned about small businesses?
Without millions of small businesses, including home based, the U.S. economy could crash! To encourage business owners to take the risk and own their own business, Congress has passed an incredible amount of good tax laws that save business owners a lot of money. Why?
Jobs = tax revenue!
Small and home-based businesses are the backbone of our economy. Over 70% of all new jobs in the U.S. are created by small businesses. Did you know that approximately 50% of the U.S. GDP rides on the back of small business?
It’s’ not just Microsoft, IBM, General Motors or the other large companies that drive our economy. It’s the millions of average Americans who want more from life and start their own business. 60% of all of the business in the U.S. employ less than 5 people.
How do I qualify as a business owner?
Question #1: Do you have an honest intent to make a profit in your business?
Question #2: Can you conduct yourself in a businesslike manner? Will you learn about your business and routinely work your business, even if it’s only part time at home?
Question #3: Can you keep proper documentation for just a few minutes a day (we can train you how)?