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 […]
Category Archives: Network Marketing
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?http://klassroom.co/files/migration/new/personal-statements-for-law-school.html REPLAY today’s session below – you can listen and SEE the session and forms
Today TaxMama hears from John from Georgia, who is wary.http://auneec.ateneo.edu/wp-includes/images/new/thesis-generator.html “I run my network marketing business from home, but heard that taking an office in home deduction is a red flag to IRS. Help!”
Dear Family, This week is Passover and Easter Week. We’ve been dark for a couple of days due to the holy days. So you didn’t get TaxQuips podcasts on Tuesday and Wednesday. Don’t worry, it’s not your mail server. Southern California has been getting storm warnings from our meteorologists all week. Yet, mornings still dawn […]
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 […]