Here’s how it works
Let’s say you’re currently having $1,000 a month withheld from your paychecks for taxes —about what someone making $40k-$45k a year in wages would pay.
Now, let’s say you compute that the new home-business deductions you can qualify for will be increasing your refund by about $4,800 a year.* That means you would need to have $400 less per month from your paycheck withholding.**
So, what happened to that $400 that’s no longer withheld for your taxes? It shows up in your take home pay! Using this example, you begin putting $400 per month extra cash in your pocket.
The “pay raise” will usually begin on the very next payday after you visit your payroll office and change your withholdings. You don’t have to wait until April 15th to get your refunds.
*This is just an example, but realistic for many people
**$4,800 divided by 12 months
Get MAJOR Tax Savings with a Home-Based Business
When the average entrepreneur understands what tax breaks are available to home-based business owners, how easy it is to qualify, and how simple the recordkeeping requirements are, the new deductions will usually slash their taxes dramatically, sometimes up to 30%-40% or more
That means thousands of dollars in tax savings, which produces thousands of dollars in new, additional tax refunds, year after year, for as long as you are actively running your business.
Average additional tax refunds for most is between $3,000-$6,000 per year, or around $100 per week extra cash in your pocket!