Wylie TX 75098

You can work when you want. You can be your own
boss. You won’t have to commute, and on and on. All
true, all great, and all good reasons for setting up your
own business.

But there’s one reason that no one ever talks about, and
it’s very strange because it’s one of the most powerful.
Working for yourself, from home, can have a dramatic
effect on your taxes. That’s not because you’ll be earning
less, there’s no reason for that to happen. It’s because
many of your everyday expenses now become tax
deductible. Especially if you start a Home Business.

If you set up an office in your home, and use it for no
other reason than your Home Business, you have extra
deductions. Not all of your expenses are tax deductible,
but anything which relates to that business can be, if not
fully, at least in part, and can be taken off your profits,
reducing your tax liability.

Make a clear outline of your office area, and compute the
square footage for that area. Then figure out the percentage
of square footage of your office area. That will determine
what percentage of certain expenses you can deduct.

Example: If your house is 2000 square feet, and your office
area is 200 square feet then you can deduct 10% of expenses
from your taxes for rent (mortgage payment), electricity
(utlilities), phone, water, etc., etc..

There are also expenses which you can deduct totally. So as
an online Home Business, that’s obviously going to include
the cost of a new computer, your Internet connection, the
price of your domains and server (hosting) charges, Office
Supplies, and Advertising.

If you drive to the computer store to buy a new mouse or
pick up new printer ink, then your mileage to and from the
store will be deductible too. If you take a family vacation in
Vegas or Florida and happen to spend a day or two at a
marketing conference, your trip’s expenses will be deductible.
If you ask one of your children to help out with your site, their
allowance can become a wage as an independent contractor,
not as an employee and becomes tax deductible.

Suddenly, every time you spend money, you’re taking a little
bit off your tax bill at the same time. Clearly, it’s not quite
this simple. There are all sorts of conditions, limitations and
other issues that will affect your tax deductions. Before you
claim anything, it’s always a good idea to speak to a tax
professional. These things really aren’t worth taking risks
for.

There is also a book you can purchase explaining what
deductions you can take that quotes IRS law, verse and
chapter. It’s called ““It’s How Much You KEEP, That Counts!
Not how much you Make” by Ron Mueller it is the guide for
Home-Based businesses taxes, and the Ultimate tax-reduction
book on the market today. It’s cost is $37, and yes it’s tax
deductible. You can get it here:
http://www.hypertracker.com/go/whylee/TaxDeduct1/

But understand that becoming an online Home Business, and
working it from home it can affect your income tax bill. If you
do it right, it can make it a lot smaller, and maybe get you a
refund.

There is a great new website, currently in pre-launch called
Cagora, which has a number of things they offer for starting a
Home Business. They are a massive Business/Social Network
with over 25,000 Local and Special Interest community’s.
And, it’s Free To Join.

You can start a good Home Business by becoming a Community
Partner, where you purchase and Advertising Package for a given
community. Whether it be for a Town - City - State - or Country,
or a Passion such as Sports - Knitting - Cooking, etc.. There is
only One Community Partner For Each Community, they run
for a specified period of time, and come with a money back
guarantee. The purchase of the Ad Package is a one time out
of pocket expense, and since it is Advertising … It Is Tax
Deductible (In the U.S.).

I’m the Community Partner for Wylie and Rowlett Texas, and
Tex-Mex Food, Salsa Food, Mexican Food and Sandwiches so
I know from where I speak.

Go here to get all of the information on this offer:
http://tinyurl.com/CagoraLandRush

Take Action Now, because they are offered on a First Come, First
Served Basis. Hope to see you inside.

Jude Sutton

If you’re like me, in these tough times, with the economy

as it is, you probably need to make some extra income.
You also need to do so without giving up all of your free
time and giving up the things which you’re passionate
about. A great way to put some extra money in your
wallet, could be to make money from those passions.

Think about it. What are you passionate about, and what
are you good at? The only thing important at this point is
if you’ve reached some expertise at it. That could be sports,
knitting, quilting, bird watching, cooking etc.. If you enjoy
something, and you love it, and can exhibit your passion
about it, then you may be able to make money at it.

It’s important to understand if you’re good at these
activities you can make money from them, if you’re having
difficulty coming up with something you enjoy, sit down,
give it thought, and make a list. These can be things you’re

good at, participated in, or regard as a hobby.

When you have a list, think about how you could possibly
make income from those things you’re passionate about.
One thing to consider is how much you’ve paid to do them.
Almost every passion will involve some monitary cost.

Think about items and services that you pay others for,
such as courses, membership in an internet site, buying
e-books which teach you something, buying magazines
about your passion, being involved in a course for your
passion, such as crafts, cooking, knitting, sewing and a
number of others. Or, things to support your passion,
such as knitting needles, skeens of wool, sheet music,
instruments, sports gear, ingredients, kitchen appliances,
digital cameras, or software. And, paying someone to train
you.

In doing this you can determine that you’ve spent a good
amount of money on your passion over time. Write down
anything you’ve bought when you were just getting started.

Ask yourself, what service could you offer to others?

Look at the list you wrote out, are any of those things you
could offer to others? For example: “beginners’ guides”
when you were starting out with your passion, can you
write an article for others who are new to it? Could you
become an affiliate for e-books on the subject which you
could sell to others?

If your passion involves regularly buying items to support it,
could you sell these to others online, on ebay, or at a local
flea market? Give thought to what skills you’ve learned which
you could teach others. You could produce materials such as
audiobooks or ebooks. You could run training sessions or
courses and be paid for those.

Give thought to; does your passion produce something which
could be shared with the world? Every art or craft applies
here. If you have a passion for painting, creating graphics, or
other works have you ever tried to sell those? If your into
photography and take great photos, rather just putting them
on Flickr, have you tried selling them? There are a number
of websites which will allow you to do that.

Once you start brainstorming, you’ll be surprised how many
ways there are to make money from your passions. The problem
may be to choosing just one to go with!

Can you make money from your passions? YES. Do you have a
passion that you you could make money from? SURE.

We at Cagora would love to have you join us. We currently have
10,000 published Special Interest Community’s (Passions), with
more to be added. You could become the Community Partner for
Your Passion!

Community Partnerships have only one partner per community.
They are a one time out of pocket expense. And, they run for a
specified period of time, and come with a money back guarantee.

Go here for all of the information: