A $400 monthly tax-free raise nets out the raise up to $700 a month depending on your tax bracket. Think about it. How would you feel if your employer just gave you this raise? Elated? Grateful? Peaceful? On fire? What would you do with it?
Here is how you get it. Start an “at home” or “from phone” business or gig.
There are hundreds of options. I suggest you think of something that scales beyond just your trading time for money, something with a global reach, something that you can do whenever it suits you and does not require any significant capital.
I chose Network Marketing for my business. Here is why:
Network Marketing is not for everyone, certainly not for the faint of heart or someone with mediocre drive.
Find something you are well suited for and do something with it.
You don’t have to do much, at all, to take advantage of the US tax code. 6871 pages in all were written entirely for those of us in business. Those not in business bear the burden of taxes paid. Business owners certainly pay taxes and usually generate more tax revenue than employees, but apples to apples you can save (earn) hundreds a month by setting up some kind of business.
I pulled some information directly from Perplexity AI. Check it out, then check with your tax professional.
Do you own a business? What is it? If not, what would you love to do?
P.S. My blogs are, for me, a conversation. I rant for a bit and then … if so inspired, you respond. Your comments close the loop of conversation. They let me know I was heard. They let me know I contributed something … or not. I encourage you to close the loop … or open a new one and say something.
Thank you for such insightful, concise knowledge on how to save from paying taxes because you have an in-home business. It’s a huge selling point. We need to make sure we focus on as we meet with new potential ambassadors
I’m sharing this with everyone!
Opening email for following up with “4 year career”.