You heard me right! Finally, at least a hint of good news. That is, if you are starting a home based business. According to my tax guy, Ron Mueller, the IRS will now allow you to deduct start up expenses up to $20 G's. That's four times the old amount. Of course, it does not help that the opportunities from 30fold will not get you close to that big of an expense, but, hey, you need more staples and paper clips, right? Let me give you the whole story according to Ron. I am quoting now ...

You probably already know (if you have read "Home Business Tax Savings Made Easy!" ) that new business "Start-Up Costs" are tax-deductible up to $5,000.    

"Start-Up Costs" are those expenses you need to incur, just to get ready to be in business. Expenses incurred before you are really "open for business" with a product or service to sell.

That $5,000 limitation is now increased to $20,000!

Most home-based businesses don't require even $5,000 to get up and running, but if you are starting one that does require bigger expenditures up-front, this is great news to you.  


DO YOU KNOW THE "5 BIGGEST" OF ALL HOME-BUSINESS TAX DEDUCTIONS?

I do 45-minute free webcast briefings on that subject each month.

I recommend you visit Ron's site, and sign up for some of his free webinars, and order his book, Home Based Business Tax Savings Made Easy. And to get information on the best home based business - the one that fits the model Robert Kiyosaki calls "The Business of the 21st Century", visit here - http://www.30foldbenefits.com . You may qualify to receive a complementary copy of Mr. Kiyosaki's new book, "The Business of the 21st Century". To see if you qualify, call 602-903-5797 and ask about the Kiyosaki book offer.