Recomendados
Más contenido relacionado
Último
Último (20)
Destacado
Destacado (20)
iLG Tax Expert Sandy Botkin
- 1. Why businesses fail… 1. Not willing to work 2. Lack of marketing training 3. Lack of business training If you operate business like a business, you can have losses year after year. Business Plan – 5 years of income projections Consult with experts – follow / document – good tax diary 45 minutes/day 4-5 days/week Show regular working activity A business that generates federal tax loss – any category – can carry forward all business losses up to 20 years iLearningGlobal.tv Excerpts from Sandy Botkin’s videos on iLearningGlobal.tv “ … If I can put between $5 - $30 Thousand in your pocket as a result of my tax course at ILearningGlobal and bullet-proof your records for the IRS so that this income saved will pay for all ILG subscriptions and expenses, would this be something that would interest you? This is what we are going to do.” - Sandy Botkin – Ilearning Global faculty member Sandy Botkin Lawyer/CPA Trainer of IRS Attorneys Nationwide Endorsed in 46 States, CPA’s, All 50 States by Financial Planners Sandy started the Tax Reduction Institute (TRI) because he discovered that people were way overpaying their taxes. The goal is to substantially reduce their taxes, increase their deductions while at the same time not increasing the chances of an audit. What You Know What You Know That You Don’t Know What You Don’t Know 85% of all multi-millionaires advise - getting your taxes down to the legal minimum. You• don’t have to make a lot of money to be rich Save 10% of what you earn• Diversify the investments• With a little knowledge, you can legally save money in taxes – new investments / reduce debt NOTHING IS MORE IMPORTANT THAN KNOWLEDGE Ave. Deductions Before After Entertainment $1,500 $ 4,000 Travel 500 1,900 Automobile 3,000 8,500 Hiring Relatives 600 5,000 Pension, IRA 2,000 7,500 Other 400 2,000 TOTAL $8,000 $28,900 Starteling survey of TRI workshop participants