Direct Sellers – 5 Tips to Help You Save on Income Taxes
This is a guest post by Lisa Robbin Young. Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
5 Tips to Save on Your Taxes
As a business owner, at least here in the United States, Ben Franklin reminds us that there is at least one certainty in life: taxes. As a direct seller, you may have opted to build a small “side gig” to earn a little extra operating funds for trips, to give your family a little “more” or just to fund your shoe shopping habit.
Ultimately, though, if you're producing revenue, you've got a business, and Uncle Sam wants his due. Even if you're not profiting from your direct sales business, there may be some taxable situations that will effect you.
Mind you, I'm not a tax professional, but my friend, Scott Lovingood is, and he shared some great tips on his call  for the Small Biz Super Summit this Spring. While the deadline for filing your taxes for 2010 may have passed, now is a great time to consider ways to get your finances in tip top shape this year. (more…)
