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| How I will Write Off My Vacations On My Small Business Taxes |
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| Written by Zach Allred |
| Saturday, 16 August 2008 10:45 |
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Small business taxes can be substantially decreased with proper planning. For example, I have started a home based travel business. As a tax accountant I know that, through proper structuring, I can now deduct our family vacations. 1. Take Pictures And Make Videos Through a home based travel business I can hire my family to perform services while on vacation. We can make videos and take pictures of our various vacation spots. 2. Gotta Have An Itinerary. I have a 12 year old daughter named Natalie who is smart and creative. Aren't all 12 year girls. I will put her on my small business payroll and hire her to prepare our vacation travel plans. Her job description is only to find fun and entertaining spots. These places must also offer a beautiful background for our videos and pictures. 3. Trip Booking. Next, my wife will book the trip through Travelencia where she will make the necessary arrangements. Travelencia offers 0% layaway trip financing so we do not have to charge our credit card. 4. We Need A Grip. A grip is the name given to the individuals on a movie set who are in charge of the equipment. I will hire Joseph (14) and Joshua (10) for this job. They will be in charge of the video and camera equipment. They will need to make sure the batteries are charged and everything is in good working order. 5. Next YouTube.com. With simple software that we all have access to the videos and pictures will be prepared for the internet. YouTube.com is free and an excellent marketing tool. We will all work together to edit and add our contact information. 6. Marketing Support. Infinite Potential is a new free to join forum. Here I post a link for our pictures and or videos in the "Support My Marketing Efforts" section. This will create traffic to our website where other people can learn to do the same. Everyone should have a small business for no other reason than to have more deductions. Hiring your family and structuring taking planning but is not difficult. About the Author: Zach Allred is a tax accountant with a passion for vacationing. Click Travelencia to learn more. Go to Small Business Taxes for more free tax articles. You are welcome to reprint this article - but get your own unique content version here. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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