AmeriPlan is a great company

Now is the time

WHY YOU SHOULD HAVE A HOME BUSINESS:

WHY YOU SHOULD HAVE A HOME BUSINESS:

“It is anticipated that by the year 2005, 50% of households in the US alone will be involved in a home business”

- Newsweek Magazine –

As you can see, home-based businesses are gaining in popularity in America. This is especially true now because the IRS has recently re-instituted the home business tax deduction that allows home business owners to deduct up to $5000 per year in business expenses off of their income tax. This means that you can start a home business and not make a dime with it and still be able to come away with an extra $5000 in your pocket at the end of year!

“A home based business is the best tax shelter left in America”

Qouted from Sandy Botkin (IRS Attorney & Tax Reduction Institute Chairman)

You might be wondering what is deductible and what is not.

The first step in reducing taxes is to know what is deductible. A simple definition of a deductible expense is an “ordinary and necessary expense you incur while furthering your business for profit”. If that seems vague, keep in mind that Congress intended the tax code to be general, because all deductions are unique to the particular facts and circumstances of a particular person and/or situation. My tax guy has defined ordinary as “one that is common and accepted in your field of business” and necessary is “one that is helpful and appropriate for your business”. However, an expense does not have to be indispensable to be considered necessary.

In the networking business it is not unusual to have an expense that is used partly for business and partly for personal purposes. You can divide these expenses and deduct the part that is for business. (Example: I wrote off a trip to Mexico and even though I stayed with friends, the purpose of the trip was business so I wrote ALL my expenses off…airfare, rental car, food…but not the lodging since I stayed with friends. In the audit for that year, the auditor let it go after I explained it).

Limits on Losses: If you DO NOT carry on your business activity with the intention of making a profit, you CANNOT use it to offset other income. If you deem this to be a hobby, or for sport or recreation, then you are eligible to only deduct the expenses of the hobby up to the income the hobby

Generated. Some people DO choose to work network marketing as a hobby…so this applies to them!

Be SURE you document your expenses as all of these things can come up in your business and can

be used to offset taxes paid to the government!

1. Advertising. literature, price lists, catalogs, display and classified ads. Printing of flyers, brochures, newsletters and business cards. Product demonstrations, new products used for promotion or samples.

2. Answering Service. Payments for taking phone messages. Could be an outside service or someone in your home (possibly your children, yes, they ARE tax deductible).

3. Bad Debts. Anything due but uncollectible - based on actual expenses - could be rep or customer that didn’t pay.

4. Bank Charges. Service fees, checking costs, including imprinting, overdraft protection, and any costs or penalties from late charges or insufficient funds.

5. Business Gifts. Items given to any prospect, customer or associate, up to $25. annually per recipient.

6. Car/Truck. Expenses for business purposes: lease, insurance, tax, license, maintenance–gas, oil, wash, wax, repairs, replacements, parking and toll fees.

7. Continuing Education/Educational Supplies. All business related schooling - self-improvement related to business – usually from an institute of higher learning. Know any students who need to write-off their education?

8. Conventions & Seminars. Transportation, tickets, and other costs associated with attending or participating. Including meals and incidentals.

9. Demonstration & Training. Items used or consumed to illustrate quality. Product testing, Self-use of products (first time). Portion of groceries used for business (cookies & coffee meetings, etc.)

10. Dues & Publications. Newspaper and magazine subscriptions. Any purchase from a newsstand. Fees for business, service clubs, professional associations, COUNTRY CLUBS, and physical improvement centers. Any distributorship fees.

11. Entertainment. Costs of meals, theater, shows, games, sports events, catering and refreshments for occasions when promoting your business with prospective clients! Entertainment expenses are only 50% deductible.

12. Home e Office/Maintenance/Repairs/lnsurance. This is a category for only home office expenses, not for office expenses outside of the home (which are 100% deductible). Include the business portion of homeowners insurance, as well as repairs and maintenance like carpet cleaning, household cleaners, a new roof, window replacements, etc. (Expenses outside the home belongs in #16, as does any meeting places you have expenses for and any home office decorations)

13. Incentives and Awards. Pins, plaques, applicable product discounts, rewards (cost of contests or prizes–expenditures to generate sales, including raffles, drawings and door prizes. Also, personal gifts that are over $25.

14. Interest. Interest on business loans, installment payments of auto furniture, equipment and credit card interest charges.

15. Laundry & Cleaning. Cost of preparing home and furnishings for meetings, including draperies, carpets, and cleaning products. Cleaning of any items that clearly identify your business–logo shirts, jackets, etc. All dry-cleaning after you return from a trip!

16. Office decorations/Maintenance/Repairs Interior decorating items used in your office–wall hangings, potted plants, etc. cleaning of office – carpet, drapes, windows, machines and equipment, painting, flooring, resurfacing, concrete fixing, new glass, hardware supplies and small equipment purchased for such work.

17. Office Supplies. Office paper and pencil supplies, file folders, product order forms, bookkeeping and art supplies, small equipment items such as calculator, stapler, paper punch, groceries for home meetings or entertainment, refreshments; cups, napkins, blackboard and easel or guest book. Photocopies, faxes.

18. Postage/Freight. Stamps for all correspondence, newsletters, IRS audits, Christmas cards, bills, and all costs certified, registered! and insured mail. Parcel post shipments, handling charges, costs

of product shipments sent and received–including gifts, catalog item mailing costs, and special

carriers like UPS, Federal Express, or Airborne.

19. Professional Services. Payment for services of all kinds including attorneys, accountants, business managers, tax service, etc.

20. Promotion. Business related meals, recreation, entertainment incurred outside the home on behalf of clients and yourself.

21. Research & Development. Product testing. Cost of expansion into out of state areas.

22. Rent. Applicable business portion of house rent. Meeting rooms, or storage facilities.

23. Security. Locks, garage door openers, tear gas, mace, electronic sensors, alarms – including installation and repair, guard dog care and feeding, and sometimes self defense classes.

24. Taxes & Licenses. Business portion of real estate taxes, sales, and excise taxes, (Do not include sales tax of invent! purchased if purchases is gross figure), business license.

25. Telephone. All telephone costs, including service charges, message units, long distance calls and pay phones.

26. Training. Costs of materials, equipment and supplies used for training associates. Costs related to your own training, i.e. books, tapes, fees.

27. Travel. Travel costs such as plane fare, taxi and bus fare, rental cars, meals and lodging, tour and guide fees, and any special arrangements (translators).

28. Utilities. Business portions of natural gas, electric, heating oil, water and sanitation.

Mr. Smitty

National Sales Directors

AmeriplanUSA

Phone 1-866-888-7505

Website http://hcma.simpleasabc.com

http://www.deliveringonthepromise.com/hcma

Email: smitty@fairburn.com

Ameriplan Delivering On The Promise and Changing Lives By The Thousands. Now It’s Your Turn.

Join Us Now and start building a secure income for today!!

Why the Insured Should Also Consider HCMA Discount Benefits Plans

More people than ever are looking to discount medical plans to help them bridge the gap with insurance. Even if you have what seems like a great insurance plan, you might find that there are areas that are lacking with traditional insurance that HCMA Discount benefits can bridge for you. Here are a few scenarios that people with insurance have experienced that make the Discount benefits program an attractive proposition.Waiting Periods

You have just signed up for a dental, vision care, prescription drug and medical insurance plan but guess what? You need to wait several months before you can use it and there are limited benefits in the first year. It’s going to cost you a lot of money to get some essential dental work done. This is where a HCMA discount medical plan can help you. You can still save significantly off the cost of medical and dental care with a HCMA Discount benefits plan because you can instantly use the membership card and save a lot of money. Sure beats waiting forever for insurance to kick in!

Capped Plans

Insurance companies love to cap your spending, don’t they? A discount plan doesn’t have a cap. If you have an insurance plan but you’ve hit your limit for dental work this year and you’ve just lost a filling, gotten a toothache, or _____ (fill in the blank with your own dental crisis), what do you do? You need the work done but don’t want to (or cannot) pay full price. You can benefit from a HCMA dental discount plan by saving significantly on dental procedure fees regardless of your insurance policy status.

Insurance Plan Gaps

Some policies are very basic and don’t cover specific types of services or only allow a small amount of frequency such as with vision care products that can only be purchased every two years. What if your prescription eyeglasses suffer breakage or are lost? A discount medical plan can help you when your insurance cannot.

Partial Coverage Insurance Plans

When your insurance coverage is only 50% of a procedure or prescription price, this can hurt you in the pocket. This is another area where an HCMA Discount benefits plan can help you save money. Instead of spending inordinately high amounts of money on procedures, treatments or products you need to keep you or your family healthy because your insurance policy just isn’t good enough, you can rest assured when you sign up for an affordable plan that helps you by offering significant discounts.

You can find a number of sources and price comparisons that can help you see how helpful a discount plan can be regardless of whether or not you have traditional insurance. Plans can be very basic or very comprehensive and help you in many areas like prescription drugs, dental work, vision and other services that might not be covered by a traditional insurance plan.

Lyndell Smith is the Founder of HCMA Benefits Group a company that helps families and self-employed individuals get the Health care coverage they need. For more information visit http://www.agoodwebsite.net

Home Based Earning Opportunities in Healthcare

Home Based Earning Opportunities in Healthcare

Do you want to work from home in the healthcare field? There are plenty of opportunities to work at home that can net you some great profits. The healthcare field offers many options to create an income or supplement your existing income. AmeriPlan offers a great opportunity to earn money from home by helping the uninsured and uninsured save money.

First, you can sign up for the AmeriPlan discount health plan yourself and be assured that while working from home you can still take care of your and your family’s health needs. Along with that, you can earn substantial commissions from selling discount dental plans and health plans. Further to that, if you sign people up under you, you can earn a portion of everything they sell as well.

Multiple tiers exist in the AmeriPlan MLM program. These tiers allow the person who refers you to the plan to earn as well as people in your down line. This helps you build income as you sell but also brings in residual incomes for you so the effort you make on a single discount health plan sale can bring you income again and again over the course of many years.

Why will people want to buy this health plan from you?

The AmeriPlan discount plans can help those that are with and without insurance. People don’t have a waiting period to use the plan and there isn’t a deductible to worry about. People can save money on medical appointments, medical and dental procedures, medications, eye glasses and more. You can earn money at home selling a product that helps you and helps your new clients and because anyone can use help covering their medical and dental expenses, you’ll find that there is a huge potential target audience for you to sell to.

Some MLM programs are hard to sell because you are trying to sell people a service that they want instead of a service that they need. This multi level marketing program helps people make money and save a substantial amount of money so many people may be interested in signing up under you as an affiliate so you can potentially do very well.

Can I really earn a living selling health plans?

The ability to make money from home without worrying about being taken in by a scam is a concern for many would-be entrepreneurs. Selling a discount health plan to the underinsured or uninsured can be done full or part time and be a great way to earn commission as well as bring in residual income.

If you’re interested in learning more about being an AmeriPlan USA broker, you can find a wealth of information about the great reputation of AmeriPlan and contact us below if you have any questions not covered by our website.

Lyndell Smith is the Founder of HCMA Benefits Group a company that helps families and self employed individuals get the Health care coverage they need. For more information visit http://www.agoodwebsite.com

Article Source: http://EzineArticles.com/?expert=Lyndell_Smith

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