It’s my guess that more people will make resolutions about their health and well being than about their finances in the next few days.
This morning I found an article on the Globe and Mail that caught my attention. The headline read:
Tax Savings Should be at the Top of Your New Years Resolutions List
When I started reading, the first way to save tax dollars, according to the author, is to start a business part-time. I thought that was interesting because it applies to so many people. It’s one of the strategies that we show people when it comes to increasing cashflow.
“Self-employment is still one of the greatest tax shelters available. Why? Deductions. Operating a part-time business from home is all you need to do. This can open the door to deducting a portion of those things you’re paying for anyway, such as mortgage interest, rent, property taxes, home insurance, home repairs, utilities, vehicle repairs, gas, auto insurance, interest on a car loan or lease payments, computer costs and more.” — http://bit.ly/rDbBJV
Starting a business part-time with our part-time training program, is a great way to learn more about money, and how money works, and get some tax savings too. Contact me to find out more about how that could work for you.
