Tag 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 […]

The Amazon Bill

[Note: Chapter 12 of Small Business Taxes Made Easy is all about this issue. We have been anticipating this in California and other major states for quite some time now.] The state of California finally passed a budget which seems to be balanced on the basis of charging sales tax to Amazon.com and similar online […]

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 […]