FIRST YOU MUST FORGIVE ME FOR MY GRAMMAR.
Is Uncle Sam In Line To Clean My Clock? Well that’s got everyone’s attention…! Words of wisdom….. take it for what it is worth.
I own my own business for yrs now and it is hard work but a wonderful experience, see I don’t really make much more money then you all believe it or not… but the benefit of having a Co… are 10 fold. Some of you all have to save your money all yr to go on vacation and after that you know you paid uncle same to go on vacation he loves you all! Doesn’t that put a bug in your pants. See you go on vacation after taxes I go on vacation before taxes, I go out to eat, go fishing, rent a car even buy gas all under a business and it’s a right off. What’s this got to do with anything here a lot which I will explain owning a Co. Will put more money in your pocket.
We know the RV is right around the corner and Uncle Sam will be right there to collect his cut… Now yes I do believe in paying taxes but I don’t want to pay any more then I have to and if you do not lesson you are going to get the short end of the stick…. You think great it RV’ed I got 1-3millon dollars I’m out of here I’m retied. Well the bad news is if you’re not taking steps to protect yourself you will not be retied. There is talk out there that Uncle Sam is going to take 50-75% of your money and to me that’s Bull xxxx. We have to lean to budget they need to lean to budget.
I’m not going to go into this very deep due to I paid for the VIP that Adam offers here and he has this covered vary well and this is not about stepping on toes but if anything hoping you go now and get signed up for VIP.. VIP is not about Adam making money on you but it pays for this site as well for his hard work on finding loop holes as well as how we can protect ourselves from having the AX drop on us. We need to give credit where it is due and that Man has done a very good job at this…
Un like most of you being I own a Co. it bought the dinars I did not, so that to now changes the game even more so. But let’s talk about where most of you are at. No Company no right off = HIGH HIGH TAXES.. Let’s use that vacation as a Example being that’s what I talk about…
My Co. & my taxes:
Income YR $50,000.00
Fuel YR 200 Mo -$2,400.00
Car Payment 150.00Mo -$1,800.00
Office Supply -$700.00
(bed room % of mortgage payment) -$1,200.00
Phones - Misc 120.00 mo.b -$1,440.00
Golfing? Yup -$1,000.00
Are You getting this?
Use a business Credit card! MO bills -$3,000.00
Total Exp -$14,540.00
Net Profit $35,460.00
See CPA taxes base 30% $10,638.00
Gross Profit $24,822.00 take home
With Out a Co. $50,000.00
Taxes Min. if you’re lucky 35% $17,500.00
Take home $32,500.00
Your lost right offs $14,540.00
Gross Profit $17,960.00 You just lost 6,862 Dollars on 50K
There is way more to no then What I can cover here
You need to get moving now! Sign up for VIP Adam Has Done Most Of Your Work For You…. Get a plan together now this is nothing you want to wait on!
There is a saying that goes like this: IF YOU DO TODAY WHAT OTHERS WONT, YOU WILL DO TOMORROW WHAT OTHERS CANT!
The Rest Is Now In Your Hands!
Said my Peace