Category Archives: Network Marketing

Direct Sellers Personal Use of Product

Today TaxMama® hears from Bill in the Tax Quips Forum who raises a good question. “I have a lot of independent distributors asking about deducting their autoship of product for personal use. They say that their tax person said you can claim the deduction because you have to “be a product of the product” or […]

Network Marketing

  Today TaxMama hears from Carrie in the Tax Quips Forum, with a common question. “I am reading through your new edition of Small Business Taxes Made Easy and want to clarify. Should I treat my new network marketing business as a sole proprietorship business?”  

TaxMama’s Tax Roundtable – December Session

Note:  TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. Don’t you wish you were here? REPLAY today’s session below – you can listen and SEE the session and forms

Home Office Red Flag

Today TaxMama hears from John from Georgia, who is wary. “I run my network marketing business from home, but heard that taking an office in home deduction is a red flag to IRS. Help!”

Network Marketing and Unemployment

Today TaxMama hears from Paul in New York in the TaxQuips Forum, with an interesting question. “I joined a network marketing company couple year ago. When my downlines bought merchandise I would receive commissions. Two months ago I got lay-off from my regular job. And I filed for unemployment benefit from NYS Unemployment Office. Do […]