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Free 1-hour tax training video - write-offs for any online biz

Discussion in 'Business & Tax Advice' started by tekdeus, Nov 17, 2010.

  1. tekdeus

    tekdeus Newbie

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    Hey guys,

    I'm part of a training program, that has some good free trainings. I thought this might help a lot of you guys out there wondering what you can legally get away with "writing-off", just by having ANY kind of online business, affilliate biz, etc. You'd be surprised how much you could get back on your next tax return. Think a couple thousand or more:

    Mods, this isn't spam. I'm just trying to contribute to the board. Please let me know if this is OK or not. It wouldn't let me post links, even though I've been on here for a year.

    bestnetpay dotcomslash taxes.html
     
    Last edited: Nov 17, 2010
  2. transam7410

    transam7410 Power Member

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    can i get review!!! jus playin lol
     
  3. alexandraM

    alexandraM Junior Member

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    watched it..very basic information. if you know that you can write off anything you spend money on relating to your business, can write off home expenses if you have a home office, write off mileage, etc...
    then u don't need to watch
     
  4. tekdeus

    tekdeus Newbie

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    It is basic, but there's probably some newbies out there who may have just started out with some basic CPA or affiliate marketing that may not know this info yet.
     
  5. Delboy2424

    Delboy2424 Regular Member

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    Occupation:
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    Word of warning for anyone thinking this is easy street to paying no taxes...

    This is basically a mash-up of every avenue of possible write-off expenditure available if running a business, in short if it is associated in any way to your business operations you are pointed to claiming it,.....

    45 seconds in and and the video advises you are not qualified to give accountancy advice, but to point these things out to your accountant - any accountant who is qualified will know acceptable rate reliefs available to businesses and if they dont - get a new one!

    This is a dangerous seminar for none qualified accountants who are running self-employed business or both employed/self employed and doing their own returns, as I have seen many times they think from the likes of this video - just write off everything its ok - well its not and you can come unstuck very quickly especially if your record keeping is garbage.....

    HMRC and IRS offer free training for any new registered business on all manor of tax questions and rate reliefs - just ask...

    How do I know....Qualified ACA/CIMA accountant!! IMO go to people who know what they are talking about and not "training advisors" who will no doubt drop you in the sh!t with ideas that are showing people methods they do not understand and can comprehend with some financial cost somewhere in there - once you are on any radar IRS/HMRC - you are screwed as they never leave you alone.....word of warning....use with caution...
     
  6. amcfad2

    amcfad2 Regular Member

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    Just go here:

    Code:
    http://www.irs.gov/businesses/small/article/0,,id=115045,00.html