More Knowledge From Mr. Keith Tucker a True MyEcon leader breaks it down like this to stop Overpaying Taxes and not be Underpaid!
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You must 1st get a MyEcon business!!! As long as you are trying to make a profit and you follow the IRS’s Byzantine rules on taking and documenting your business expenses with the MyEcon Expense Organizer that you get with your business, you then can write off your business expenses (necessary, ordinary and reasonable, of course). The irony of this approach is that you are already paying most of these expenses now; the use of your car, entertaining, vacationing, etc. When you perform the same activities with a business objective, they magically become business deductions. And You will not be Overpaying taxes or be Underpaid. continued> http://iamstevebrooks.com/?p=76
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You must 1st get a MyEcon business!!! As long as you are trying to make a profit and you follow the IRS’s Byzantine rules on taking and documenting your business expenses with the MyEcon Expense Organizer that you get with your business, you then can write off your business expenses (necessary, ordinary and reasonable, of course). The irony of this approach is that you are already paying most of these expenses now; the use of your car, entertaining, vacationing, etc. When you perform the same activities with a business objective, they magically become business deductions. And You will not be Overpaying taxes or be Underpaid. continued> http://iamstevebrooks.com/?p=76
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