National Wealth Center Costs Archives

Tax Tips For Home Based Business

Tax Tips For Home Based Business

home based business tax tips

Since we are approaching the tax deadline of April 15th this week, I thought it would be a great time to share tips and how to do your taxes if you are involved with a home based business opportunity like National Wealth Center.

I remember back when I had a job working for the state and I would be taxed to death, I remember my federal and state taxes were close to $1000 being taken out of my check every single month, and the worst part is that I wasn’t even making much money or had a great salary…

What you don’t know will hurt you, and that’s definitely the case with having a job and not taking advantage of all the great tax deductions through owning and operating a home based business like National Wealth Center!

In this post I will be sharing how I maximize deductions every year when filing my taxes and hope this helps if you are curious about tax deductions for an online or home based business.

How To File Taxes For A Home Based Business

Since 4 years ago when I got started in the home based business industry with a great opportunity like National Wealth Center I always filed my taxes online with Turbo Tax.

Turbo Tax makes it incredibly easy to file taxes and more importantly they go through and make sure you are getting all the deductions for home and business.  It’s really the best decision I could have made in filing taxes every year.

They even walk you through every sort of deduction possible such as home office expenses, office supplies, and online business deductions such as web hosting and domain hosting to name just a few things.

What Are Some Great Deductions For A Home Based Business?

Just to name a few but here are some great deductions for a home based business like National Wealth Center:

  • Web hosting
  • Domain name purchases
  • home office space
  • home office expenses like pens, paper, printer cartridges
  • travel expenses related to business meetings and entertaining
  • product purchases such as tablets or computers used for your online business
  • utility bills for your home
  • internet and cell phone service

As you can see, you can get a ton of great tax deductions you could never get at a job, and most of these deductions some people never even know about.

The first year I was in a home based business like National Wealth Center I saved a minimum of $6,000 off of my taxes.  When you compare that to the usual taxes most of the time you have no say over whatsoever working at a job, you realize just how much incentive there is to a home based business.

If you are ready to start getting great tax deductions for a home based business and start earning alot more money, then go ahead and click the ‘Register Now’ button below…

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James Matthews
662.750.1029
IDwithJames@gmail.com
www.TheNationalWealthCenterReview.com
national wealth center join now
 
 
 

Are There Any Additional Expenses To Get Started With National Wealth Center?

national wealth center money

What Is The real Cost Involved With National Wealth Center?

All too often I hear horror stories of how people were mislead into joining a program that required no additional fees, only to find out that they’ve been back-ended into another ‘deal’ or additional expense once they’ve signed up. Personally, I don’t agree with doing business this way. I feel that it is important to be upfront and honest with your new partners / teammates as this will get your new business relationships started on the right foot.

What National Wealth Center REALLY Costs…

So, let’s look at what it really costs to get started with National Wealth Center, or any business online for that matter.

As a business owner or Entrepreneur it should be your goal to try and minimize your costs and expenses. If you were to compare the costs of National Wealth Center to ANY other business, you would soon find that having your own 100% commission based business has some major perks.

Let’s say for example that you were to open a traditional store – one where you needed to purchase products and resell them at a higher rate to achieve a profit. That could be any type of store for example:

national wealth center business

  • A Restaurant
  • A Gas Station
  • A Convenient Store
  • A Clothing Store
  • An Electronics Store

… You get the point.

Every store that I mentioned above not only requires that you purchase products to resell at a higher rate, but it also requires Employees, Rent, Mortgage, Overhead, and not to mention probably close to a hundred thousand dollars just to get the doors open. Ouch!

As you can tell – owning a traditional business can be extremely costly, hence the extremely high failure rate.

The advantages of an online business like National Wealth Center

Now, that’s not to say that owning your own Internet Business doesn’t have expenses, but I can guarantee you that the start-up is much much lower.

I personally always recommend a few things to anyone who wants to go into business for themselves online. It doesn’t matter if you own a shoe store or a business like National Wealth Center. If you plan to market your business online you’re going to need a web site, a way to automate the process of keeping track of your customers, and a way to accept money.

national wealth center websites

To do this you’ll need:

  • A Domain Name
  • Hosting
  • An Autoresponder
  • A Merchant Account.

Let’s understand why I recommend the above mentioned and how with my team in National Wealth Center you can avoid most (if not all) of these additional expenses.

To get a website online for National Wealth Center, you need a domain name and a hosting account. A domain name can range anywhere from $2 to $13 per year and hosting is about $6 a month – not too bad right?

An Autoresponder will keep track of your customers and also send automated messages to them to help persuade them from purchasing from you. An autoresponder costs $1 for your first month and $17 each additional month thereafter. I personally have created a great autoresponder follow up series that my team has complete access to for free. I have literally done all the hard work in writing all your National Wealth Center follow up messages. You simply copy and paste a code that I give to you into your autoresponder and bam – you just saved a month’s worth of work.

And lastly, you’ll need a merchant account. Because National Wealth Center doesn’t earn a profit, you need to accept 100% commissions directly into your bank. There’s no waiting around for the company to pay you. You can decide to use your own professional merchant for this or you can simply use a merchant like paypal. Either one is fine however, I suggest using a professional merchant when you start to bring in the big bucks. I have instructions on how to do this in my National Wealth Center Team Training and this usually costs around $15 a month.

Now, if you add all of this up, you’re looking at a total of around $45.00 To start up your own 100% commission based business.

Is that not crazy or what!!!?

Especially when you take in the fact that personally earned over $1500 my first couple months with National Wealth Center, and it cost me less than a night out with friends to our local pizza shop. Compare that to opening up a traditional business in the hundreds of thousands of dollars with only a fraction of chance that you will succeed.

How To Eliminate Your Start Up Costs With National Wealth Center

I understand that getting started in this industry can be a tough decision – especially if you are struggling to make ends meet. Believe me, we’ve all been there.

When I got started with National Wealth Center in March of 2011 I was several thousand dollars in debt and really didn’t have a penny to spare. And although I risked it, spent my last dime, and told myself that there was no possibility of failure, I don’t ever want to have to put someone else in the same predicament that I was in back then.

So, Is National Wealth Center Right For You?

If I had the ability to pick up the tens of thousands of dollars worth of education and training that you have at your fingertips right now, for a measly $25 when I was getting started – You can bet I would jump at it, and more than likely pay ten times that price without question.

Why?

You see, over the years I have spent a small fortune to learn the things that I now teach my team. It is because I decided to educate myself in this industry that I have become a success, and gone on to earning multiple 6 figures yearly online.

You now have the ability to pick up this training, and education that costs me tens of thousands of dollars, and use the same systems, literally everything that I personally use to run a successful business, for less than the cost of pizza with friends.

Everything is in place for you this very moment to get you moving in the right direction. Now it comes down to you. Are you ready to take action towards changing your life?

If so then just click the ‘Register Now’ Button Below…

james matthews national wealth center signature

James Matthews
662.750.1029
IDwithJames@gmail.com
www.TheNationalWealthCenterReview.com
national wealth center join now