get incorporated and grow rich!. the objective save money! get money! make money!

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Get Incorporated and Grow Rich!

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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 Contributions

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Page 1: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

Get Incorporated and Grow Rich!

Page 2: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

The ObjectiveThe Objective

Save Money!Save Money!

Get Money!Get Money!

Make Money!Make Money!

Page 3: Get Incorporated and Grow Rich!. The Objective Save Money! Get 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

Page 4: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

$$

$

$

$

YOUYOU TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

Page 5: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

40%

GOES

TO

TAXES

$$

$

$

$

YOUYOU TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

Page 6: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

40%

GOES

TO

TAXES

30%

GOES

TO

INTERESTS

$$

$

$

$

YOUYOU TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

Page 7: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

40%

GOES

TO

TAXES

30%

GOES

TO

INTERESTS

6% D

EPR

EC

IAT

ION

$$

$

$

$

YOUYOU TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

Page 8: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

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!

$$

$

$

$

YOUYOU

TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

Page 9: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

HBB$

$

$

$

$

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”

Page 10: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

HBB HBB$$

$

$

$

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!

Page 11: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

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)

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

Page 12: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

“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

$$

$

$

$

YOUYOU

TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

TAX Plugs157

Congress-ApprovedTax Deductions for

Home Based Business (HBB)

Page 13: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

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)

1. Maximize Tax Deductions MAJOR BENEFITS

Page 14: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

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

Page 15: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

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

$$

$

$

$

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

Page 16: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

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

$$

$

$

$

YOUYOU

TAX Leaks

TAX PlugsMortgage Interests

Children / DependentsCharitable Contributions

TAX Plugs157

Congress-ApprovedTax Deductions for

Home Based Business (HBB)

Page 17: Get Incorporated and Grow Rich!. The Objective Save Money! Get Money! Make Money!

If done by Lawyers &

CPA’s:$2,500 - $4,000+

Only $1195

CORPORATION SERVICE

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)