Home Office Deduction

Working from home is a major privilege that so many of us get to indulge in. But are you capitalizing on the deductions that you are entitled to with this privilege?

The IRS provides rules for home office deductions that if you abide by you can increase your take home pay.

How do you qualify for these deductions if you work from home?

Great question! Here are two ways you may qualify! Yes, there are tons of ways available, but you will actually get more results when you take things in bite sizes where you can have some measurable results. So here we go!

1. Principle Location: I was just talking to a friend about this and she wanted to know if this was necessary. And the answer is absolutely! When it comes to the IRS, you need evidence that’s more than just your word in thin air. The more documentation you have the better you are able to justify your stance as well as having documentation helps to jog your memory when needed.

So yes you need to prove that you use your home as the principle location for your business. That means even though you may conduct business outside of the home, most of what you do is done in this designated space.

Generally speaking, home office deductions are calculated off a certain percentage of your residential space for business affairs. If you use a spare bedroom in particular in your work, then you need to figure out how much space that is in relation to your overall home is designated to your business!

2. Regular and Exclusive Use. This is very simple and clear cut, at least I think so. You are required to use a part of your residence as designated business space only. So that means if you use your basement as yoga space then that’s all you use that part of your basement for. Try not to make things complicated as you may be creative in your business but sometimes the rules from the IRS like this one is very black and white.

Be sure to take these rules seriously as the IRS are vigilant about small business owners who bypass these rules yet still take the home office deduction. Don’t get caught in that trap, you have way too many lives to impact and improve to get cause in that spiral.

To your success!

Make Life an Adventure With Time and Location Freedom

Do you remember the year of the millennium? Where then, did you expect to be in 2016, 16 years later? Have you achieved those plans? Nothing changes until we take action. The power of decision changes our lives. Did you make any big decisions back then, maybe a career move or some other big decision concerning your future, each new year brings a string of resolutions a new millennium I’m sure created many dreams for the future, but how many have come to fruition?

Some people, even some born with major disadvantages, rise above them and create a wonderful life for themselves, whilst others accept a meagre existence not apparently aware they can influence their future. The Olympics and Para-Olympics are upon us again we should be inspired by the challenges the athletes have overcome. Some achieving phenomenal results despite losing limbs and other disabilities or situations we cannot even contemplate.

“It is our DECISIONS not the conditions of our lives that determine our destiny” Anthony Robbins.

Make your decisions today for what you will achieve in the next 5 years or so, decide where you are heading and what kind of person you will become, then commit to your dream. Using the power of decision, did you realize, you can change any part of your life, just be committed to your plan, and have belief in yourself. Just decide with conviction and belief and you can change your health, wealth and happiness.

If this all sounds like pie in the sky and a bit scary I suggest you read Anthony Robbins book “Awaken the Giant Within” he will explain in detail how like him and many others you can change your life. It is a great book which makes sense of many challenges we face and explains how we can make differences in our lives by the way we think. How our beliefs and values affect us and how to create more beneficial states of mind.

Learn to make decisions, better still enjoy making decisions as you feel the power, making bold decisions changes your life. If sometimes you make bad decisions you just make another to move on, everything is easy in hindsight, but take a few calculated risks. Learn to trust your intuition.

So what are these things you would really like to do to change your life for the better? Would time and location freedom be the answer to your prayers; working at home with a laptop is certainly my cup of tea. It offers flexibility for family life, hobbies etc. You still have to invest sufficient hours, but when you work is your choice.

Affiliate marketing is one way to achieve time and location freedom, enabling you to work at home, wherever home is. Affiliate marketing is a simple method of working online, marketing products for a commission. When you work with a coach and mentor your products, professionally prepared best sellers are provided for you, together with tried and tested training. You will also be working to a tried and tested formula, earning commissions as you learn the techniques. You will have the comradeship of other like-minded entrepreneurs also learning the steps required and developing the skills.

You only need a laptop, internet connection and basic computer skills to begin, plus a regular investment of time for your fledgling business. Begin in your spare-time, with your paid work to support you and enjoy the extra cash. There are many millionaires in the industry there are also many part-timers, the choice is yours according to your aspirations. So wishing you a great adventure and much success in your new way of life.

Hello My name is Anne So if you really are Serious about Replacing Your Day-Job & Working at Home

LOOK NOW at my Mentor – Sarah Staar’s AMAZING VIDEO COURSES showing you exactly how she has become a SUPER AFFILIATE and HOW YOU CAN TOO!

Why Did I Need a Hole in the Carpet?

I work at home and have been having trouble with my broadband, despite my broadband provider offering prompt customer care in an attempt to fix it. The latest suggestion was an Ethernet cable.In order to shut the office door I had to pass the cable beneath the door and the simplest way I decided was a small hole in the corner of the carpet to reduce the bulk and enable the cable to pass through.

Simple I thought, however my partner cut the hole in the wrong place and whilst cutting the carpet also cut his knuckle on the other hand! The finger bandaged, and the hole elongated meant the cable could be transferred successfully. However the carpet had been yanked so forcible it had come away from the grip between rooms, but with the aid of a knife to slot it in place all was returned to order. A bit like the song where one disaster leads to another!

My partner went off to play squash with a reminder to take spare plasters as it was a nasty cut. Of course he didn’t and returned later with blood stains all over his clothes. Clothes in soak and wearing fresh clothes he left to meet his friends in the pub, however he put the plaster on so tightly his finger turned blue and he had to remove it, spending the evening with a bloody finger!

A helping hand that turned into a nightmare! (Do some men remain lovable little boys forever?)

Anyway why do I need a cable into the office? I have an internet business which means I can work anywhere. We winter in the sun, having bought a house in Spain, our summers we spend in a mobile home in the English countryside when it is too hot for us in Spain.

Have you ever wished you could work at home with time and location freedom, and the flexibility it gives you? Imagine warm sunny beaches all winter.

Affiliate marketing is the simplest starting point online as with the guidance of a coach and mentor who provides products and training and commissions as you make sales. The products are professionally prepared in a range to suit your customers needs, the training formula is precise and has worked for others before you. This reduces the risk and the stress of not knowing what to do next and banishes information overload. You can also join a group of other like-minded entrepreneurs.

So start earning whilst you are learning some new skills and make affiliate marketing your new part-time venture until it grows to provide your desired income. There are many millionaires in the industry and many part-timers the choice is yours.

Hello My name is Anne So if you really are Serious about Replacing Your Day-Job & Working at Home

LOOK NOW at my Mentor – Sarah Staar’s AMAZING VIDEO COURSES showing you exactly how she has become a SUPER AFFILIATE and HOW YOU CAN TOO!

Interesting Passive Income Opportunities You Can Work On

Earning passive income undergoes a long process that can use most of your time. Nevertheless, while you are still learning the business, you can acquire other opportunities or side jobs for additional income. Along the way, you can gain new knowledge that offers you greater opportunity to grow your income.

The following are opportunities that you can get from earning passive income. You can try any of these ideas to earn more money.

· Be an online reseller

In the online world, you are given series of opportunities that you can work on such as becoming an online reseller. You can work with an online company or business where you can get the products. Reselling gives you the chance to earn easy money. The best tip is to resell products or services that are known to people already. This will help you make income conveniently.

· Try content writing

If you are into writing blogs and all sorts of content marketing jobs, content writing is another passive income opportunity. Writing content for a publishing platform or an online company is definitely a nerve-racking task. But, if your job is well done, you can ensure that you are working for greater money.

· Make an online app

Creating passive income is just like making an online application – both goes on a process. Using the different online productivity utilities, you can surely come up with an interesting online app. This can help you make money even within a short period of time. You can also sell online software for businesses that can benefit from them with their daily operations.

· Come up with an interesting book review

You can make connections with well-known online businesses for an extra monetization endeavor. Coming up with a knowledgeable book review can make miracles for you to gain more money. Some people can use this for academic purposes and other endeavors that you may think of.

· Do some digital publishing services

This must be a great idea for you. What you will do is to create a website and come up with a profitable online marketing method that will surely work. The website has to arrive as a real online business that offers a wide array of products, information, services and a lot more. Make sure that everything will fit in the closet and will certainly be acceptable to all your clients and target customers.

Passive online income is an interesting opportunity to help you earn money in the most convenient manner. You may try any of these side jobs for extra income.

How Exciting Is It to See Your Book in Print

For the last few years I have been learning the techniques of working online and internet marketing. Coming from a teaching and sales background I thought writing a book would be an exciting new direction for me. I recently watched some webinars about people writing books and turning them not only into eBooks but self-publishing with the help of “Create Space” and creating paperbacks too.

Over the years I have written in excess of 350 articles about all aspects of working online, I thought perhaps I could create a book from a compilation of some of these articles and turn them into a paperback edition.

So not being very technical, for a couple of days I studied YouTube videos on using “create space” to produce a book. There are so many to choose from. Eventually after several attempts to format my book to the required size with appropriate margins etc. I decided to have it formatted for me.

So now I visited “fiver” a website where freelancers are waiting to fulfil all tasks you choose not to do yourself. I found a very helpful chap who was happy to advise me and promised an excellent job from my manuscript at a very reasonable price.

All I had to do was choose a selection of articles to take my readers on a journey showing them how to create an online business. Some articles are humorous, some educational, some to build self-belief. Included are many reference books that would be helpful.

Articles decided upon, the next job was to proof read the whole manuscript adding introductions etc. and preparing it for its journey into print.

The cover was fun to design with the help of “create Space’s tool. I achieved quite pleasing results I hope my readers will like it, and the contents. Now I don’t expect my first book to be a best-seller, but it has been an exciting adventure from which I may progress.

I hope in the future to create a range of children’s books for slow readers as this is an area that appeals to me. I love helping children struggling to get to grips with the joys of reading.

I love working at home developing ideas and my internet business. If working at home appeals to you begin in your spare time, give up some TV and enjoy an exciting future. It doesn’t grow overnight, you have to commit to your venture and invest some time. However it is an inexpensive way to set up a business which develops at your own speed according to commitment.

Affiliate marketing is a great way to begin online working with a coach and mentor who provides a range of products for your customers, together with training and comradeship from the group. Whilst you are learning the techniques required you are paid a commission. So maybe this will inspire you to discover a new hobby business you can create online. Best Wishes with your new venture and look out for my books!

Hello My name is Anne So if you really are Serious about Replacing Your Day-Job & Working at Home

LOOK NOW at my Mentor – Sarah Staar’s AMAZING VIDEO COURSES showing you exactly how she has become a SUPER AFFILIATE and HOW YOU CAN TOO!