get incorporated and grow rich!. the objective save money! get money! make money!
DESCRIPTION
YOUR PAYCHECK SPEND TAX EARN OF THE AVERAGE TAX PAYER EARN – TAX – SPEND SYNDROME COMPANY GOVERNMENT WHAT’S LEFT YOU $ $$ $ $ TAX Leaks TAX Plugs Mortgage Interests Children / Dependents Charitable ContributionsTRANSCRIPT
Get Incorporated and Grow Rich!
The ObjectiveThe Objective
Save Money!Save Money!
Get Money!Get Money!
Make Money!Make Money!
YOUR PAYCHECK
SPEND
TAX
EARN
OF THE AVERAGE TAX PAYER
EARN – TAX – SPEND SYNDROME
COMPANY
GOVERNMENT
WHAT’SLEFT
YOUYOU$
$
$ $
$ TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
$$
$
$
$
YOUYOU TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
40%
GOES
TO
TAXES
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$
$
$
YOUYOU TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
40%
GOES
TO
TAXES
30%
GOES
TO
INTERESTS
$$
$
$
$
YOUYOU TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
40%
GOES
TO
TAXES
30%
GOES
TO
INTERESTS
6% D
EPR
EC
IAT
ION
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$
$
YOUYOU TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
We work hard only to bring
home 24 % of the dollar
TAX FREEDOM DAY is MAY 11
according to The Americans for Tax Reform Foundation
That means if all of your salary went to paying off taxes beginning January 1, you wouldn’t bring home a paycheck
until middle of May!
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$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
HBB$
$
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$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
COMPANY
GOVERNMENT
SYSTEM TO WEALTH
YOUR EXPENSES
DETOUR
EARN
SPEND
TAX
THE BUSINESS OWNER’S
GOVERNMENT Diane Kennedy,
CPA, Tax Strategist and Author “Loop-
Holes of the Rich”
HBB HBB$$
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$
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YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
1. Maximize Tax Deductions MAJOR BENEFITS
When you maximize your tax deductions
You minimize your tax!
HBB HBB
+ 1. Maximized Tax Deductions
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$
$
$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
PERSONAL:Annual Income : $50,000Fed & State Tax (35%)
Tax: $17,500
SAVE MONEY by minimizing taxes!
Would you rather pay $17,500 or $1,500?
CORPORATION:Gross Income : $50,000Expense (80%) - $40,000Net Income : $10,000Fed & State Tax (15%)
Tax: $1,500
Business Expense
“The legal right of a taxpayer to decrease the amount of what otherwise would be his taxes, or altogether avoid them , by means which the law permits, cannot be doubted”
U.S. Supreme Court: Gregory vs Helvering, 239 U.S. 465
HBB HBB
+ 1. Maximized Tax Deductions
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$
$
$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
2. ASSET PROTECTION
HBB HBB
+ 1. Maximized Tax Deductions
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$
$
$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
1. Maximize Tax Deductions MAJOR BENEFITS
2. ASSET PROTECTION
HBB HBB
+ 1. Maximized Tax Deductions
$$
$
$
$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
2. ASSET PROTECTION1. Maximize Tax Deductions
MAJOR BENEFITS
3. NEW CREDIT PROFILE
ARE YOU IN BAD CREDIT ? ARE YOU IN
BANKCRUPTCY ?DO YOU NEED A NEW CREDIT PROFILE ?
ARE YOU MAXED OUT ?
HBB HBB
+ 1. Maximized Tax Deductions
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YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB) 2. ASSET PROTECTION3. NEW CREDIT PROFILE
PERSONALSocial Security #(You own the SS# and the SS# owns you)
CORPORATIONFed Tax ID#(You own the corporation, but the corporation doesn’t own you)TRW/Experian, Trans Union,
EquifaxDun & Bradstreet DB#
GET MONEY thru a business line of credit !NEW
CREDIT PROFILE
HBB HBB
+ 1. Maximized Tax Deductions
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YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)
If done by Lawyers &
CPA’s:$2,500 - $4,000+
Only $1195
CORPORATION SERVICE
HBB HBB
+ 1. Maximized Tax Deductions
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$
$
YOUYOU
TAX Leaks
TAX PlugsMortgage Interests
Children / DependentsCharitable Contributions
TAX Plugs157
Congress-ApprovedTax Deductions for
Home Based Business (HBB)