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How To Achieve Excellence In Sales
Most people are always striving to better themselves. You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated. ...
International Telephone Calling Tips
If your business requires overseas communications with suppliers or customers; or if you have a loved one living or traveling abroad; you know that the cost for overseas calls can come as a shock to your budget and cause you heartburn if you...
Reducing IT Expenses
In these days of recession and layoffs, IT managers are facing some tough decisions. As my own boss put it recently, "if it's a choice between upgrading our Office suite or laying off some people, what do you think we're going to do?" With that in...
The 2006 BMW M6: BMW Performance Parts, Aftermarket Parts now available at Parts Train
High equipment levels and meticulous quality and refinement have been the formula for building and maintaining the Lexus. It embodies a fresh design approach, re-engineered from the ground up. Dominated by a long cabin with steeply angled front...
Tip To Help You Protect Your Financial And Personal Information From Fraud
Financial fraud and identity fraud are one of the fasted growing forms of fraud. The first line of defense to protecting yourself begins with you. Here are some tips you can take to help you protect and fight against financial and identity fraud. ...
 
How A Home Business May Protect You From The Housing Bubble

Not everyone agrees there is a housing bubble which will have an impact on the entire economy, but how about one that has an impact on you? If your home was devalued, even temporarily, do you have the cash flow to sustain your credit or allow you to sell your home without getting into debt? In the US today, many people live in homes which have positioned them in a loosing financial situation. How can a home business improve your financial position and protect you from the potential effects of a housing bubble?

First, many people have W-2 income as their only source of income. While a job is certainly a great way to trade your time for a consistent flow of money, it also provides you with the fewest tax advantages which means you end up paying more to Uncle Sam than those who also run a home business on the side. For example, many CPAs and tax planning specialists can show you how to deduct part of your home expenses, your cell phone bill and even costs to maintain and operate your vehicle, legally, if you are able to document that you actively work on your home business each day.


This can turn expenses you are already paying for, into tax deductions. That's money in your pocket! Money saved can be reinvested into growing your business or applied to paying off your mortgage more quickly.

Protect yourself and protect your hard earned home equity by improving your cash flow and avoid running close to the edge of the value of your home compared to the debt owed in your mortgage and any home equity loans. Be sure you consult with a tax professional and a CPA to properly plan the tax benefits you can receive from having a home business. Apply those savings to building your savings and also to paying down your mortgage as quickly as possible. The more equity to have in your home, the more insulated you are from possible effects of the housing bubble and also from the effects of personal and professional emergencies.

About the author:

Dave Saunders is a professional lecturer, and enjoys creating life-interconnections through his writings and lectures. You can find out more about home business opportunities at http://www.endless-abundance.net

 

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