Author's articles

The Story of the Ironing Board
By Jim Flauaus · 12 years ago
Every once in a while you hear an inspirational story about someone who overcomes horrendous life circumstances, and achieves extraordinary success in spite of it all. Life gives them a lemon, so to speak, and ...
How to Maximize Your Deductions for Travel and Convention Expenses
By Jim Flauaus · 13 years ago
One question often asked by Network Marketing / MLM business owners is "How Much Can I Deduct for Travel, Hotel, Meals and Convention Expenses?" This is an area which the IRS auditors watch closely. To ...
What Kind of Accounting Records Does the IRS Require for Network Marketing / MLM and other Stay At Home Business Owners?
By Jim Flauaus · 13 years ago
Two questions frequently asked by Network Marketers are "What kind of business records do I have to keep for the IRS?", and "What’s kind of record-keeping system should I use in my business?" Operating a ...
What Expenses are Deductible in Your Network Marketing / MLM Business?
By Jim Flauaus · 13 years ago
Network Marketers often ask "What’s Deductible – and what’s not—in a Multi-Level marketing business?" Having a Multi Level Marketing business is what I call the "#1 tax shelter for the little guy". Whether you work ...
How can Network Marketing / MLM Business Owners Reduce the Risk of an IRS Audit?
By Jim Flauaus · 13 years ago
Network Marketing / Multi Level Marketing professionals often ask me "What are my chances of an IRS audit?" Many others ask "If I overpay my income tax, will that make me audit-proof?" First off, the ...
How can Network Marketing / MLM Business Owners Qualify to Deduct Home Office Expenses?
By Jim Flauaus · 13 years ago
One of the questions that Network Marketing / Multi Level Marketing owners ask is "What do you have to do to qualify for the home office deduction?" There are strict requirements you must meet in ...
Top Three Year-End Tax Saving Tips for Network Marketing / MLM and other Home Business Owners to Reduce Income Taxes
By Jim Flauaus · 13 years ago
One question many network marketers and home business owners often ask is what they can do at year end to lower their income tax bill. Here are my top 3 year-end tax tips. Take action ...