Retire Young And Frugal With Savings Highway Submitted by Angie Mitchell

Frugal is NOT a Dirty Word! It doesn't mean you are cheap either. In fact, frugality is a valuable skill for building wealth. Frugality means choosing to make the most of your money, to focus on everyday costs, to recognize that small amounts matter. It's nothing to be ashamed of. It's a skill that everyone can practice, and it lays the foundation for sound financial habits that can be used in all aspects of your life. Frugality keeps you focused on goals. It is 100% possible to retire young AND frugal by joining the Savings Highway Club! Do not confuse frugality with depriving yourself. Frugality doesn't mean living like a pauper, it's about making smart choices to reach your goals; it's not about living a life devoid of pleasure. If you could save money on things you purchase anyway like food, gas, gifts, vacations, entertainment, dining, shopping, why wouldn't you? Savings Highway provides these savings and a whole lot more. It's sad to see what has become of American culture. We're a nation of mindless shoppers, and virtues such as frugality are looked down on. Well not me! I'll say it loud and proud..."I'm frugal and proud of it!" It's all about spending on your passions and limiting elsewhere. No deprivation involved. Just living within your means and skipping out on stuff you don't really need and it's paying off for me big time! I strive to be frugal and generous. Frugal with resources, generous with time, gifts, hospitality, etc. It gives me great pleasure to pick up a restaurant tab knowing I printed off my Savings Highway $25 coupon. I've noticed that the focus has shifted away from collecting material items "just because" and more towards making smarter decisions on how we are spending our money. These days, wealth represents the freedom to spend time with family and friends and enjoy simple pleasures of life. It represents freedom of the stress of just making ends meet. Savings Highway provides both huge savings while also providing the opportunity to earn a large amount of money, depending on how aggressive you want to build your business it's completely possible to retire young in as little as 12 weeks to 12 months so you can have time for the important things in life. The problem is, people think they have to choose one or the other. They say, "I can be happy now or I can be happy later." This is based on a scarcity mindset, that you'll never have enough money to buy everything you want, so you have to choose what and when. Optimally though, you would get to have everything you want right now AND in the future. You would live in a state of total abundance where you could have anything you want it, whenever you want it, both now and down the road because you have chosen to retire young by joining Savings Highway and taking advantage of what we have to offer. Savings Highway has really taken off since people are quickly realizing that by not joining, they might as well be flushing their hard earned money down the toilet. I'm working toward a state where I experience absolute financial freedom both in the present and in the future. To do that, I have to both increase my income and have the discipline to set aside a portion for the future. To me, that's the ultimate financial goal, and it's the only one I care to work toward. It is my mission to educate people and bring savings and financial wealth everywhere! http://www.thesavingshighwayclub.savingshighway.com Angie Mitchell angie@amitchellonline.com Skype: angiebt79828 250-378-6798 MISSION STATEMENT: Our mission is to assist 1 Million families in the USA to reach Financial Independence. By providing American families with a Membership they can use to save money including benefits like Family Dental, Vision and Health Savings, 24 Hour Roadside Assistance, Savings on Dining, Shopping, Office Supplies, Recreation, Travel, Taxes and more, and combining all of these great benefits with our 2 who refer 2 "Retire Early" system, we can reach our goal of assisting 1 Million Savings Highway Families to find Financial Independence, and have fun along the way!

Savings Highway - Create Your Own Economy Submitted by Angie Mitchell

Creating your own economy is about taking control of your financial and personal life. Would you like to create an abundant lifestyle for you and your family? Would you like to have the freedom of choice to do what you want, when you want, without limitations? Savings Highway provides all that and more. Jim Rohn says 'A Formal Education will make you a living, Self Education will make you a fortune'. Imagine the incredible impact this would have on all areas of your life! With no doubt, you can turn this opportunity into a Home Based Business that has the potential to earn an incredible income for life, simply by helping people creating their own economy! Savings Highway is dedicated to helping you to achieve your dreams and goals. That is what we are creating and we want you to be part of it! We already have a strong team developing, a network of positive like minded people who are taking control of their lives, embracing a new challenge and starting to living deliberately. Savings Highway is going to help you DRAMATICALLY move closer to where you want to be, by providing the knowledge and community 'Nourishment' all entrepreneurs need to succeed. Too many people are thinking of security instead of opportunity. By saving money on things you purchase anyway and helping others do the same, only good things can happen! Savings Highway is bringing together collectively empowered and inspired people to create MASSIVE freedom for ourselves, and as many people in the world as possible. Our ambitions do not just stop with us reaching our own goals in life... they continue until our lives have literally become a conductor for AWAKENING people to the 'Power' they have inside... and showing them some of the most innovative ways in existence to really live their life free by showing you how to create your own economy and success. A Savings Highway Membership Includes... Gas Savings Grocery Savings Shopping Discounts Free 24 Hour Roadside Assistance (GE) Free Family Legal Plan Family Dental Plan (AETNA) Family Vision Plan Discount Prescriptions Entertainment Book Online Discount Travel & Vacations Worldwide Condo Program Great Dinning Discounts Movie Discounts Savings On Theme Parks Golf Discounts Bowling Discounts Sporting Events Amazing Discount Magazines Savings On Flowers and Gifts Discount Moving Services Discount Car and Truck Rentals Save Thousands On Taxes Free Marketing Website Weekly Pay Fast Cash Car Bonuses Lifestyle Bonuses Matching Bonuses With prices always on the increase, I chose to join The Savings Highway Club and "created my own economy!" It is my mission to educate people and bring savings and financial wealth everywhere! http://www.thesavingshighwayclub.savingshighway.com Angie Mitchell angie@amitchellonline.com Skype: angiebt79828 250-378-6798

Savings Highway Offers The Biggest Bang For Your Buck Submitted by Angie Mitchell

It is not my intention to bad mouth or slam other MLM companies. They each have something different to offer. The company I chose was one that takes care of "the little guy" My goal here is to provide you with information so you can make an informed decision before you join one, if you are trying to save as well as earn money. I've found that Savings Highway offers the biggest bang for your buck. Savings Highway offers Americans a company that pays on time, every week like clockwork... and delivers real world benefits that every day people can use to save money on things they buy every day/week such as food and gas as well as provides a real opportunity to make money. In today's economy, it seems like everyone is looking for ways to cut costs and save money and more and more people are looking for a legitimate way to earn extra income. Savings Highway provides both. People are looking for an inexpensive way to get in business for themselves but also want the biggest bang for their buck and I'm no different! With the cost of food not to mention gas prices going up around the world, it's a great time to save money. It's not just food and gas savings you are able to take advantage of, it's about being able to save thousands of dollars a year on dining, groceries, gas, shopping, dental, vision, hearing, health expenses, travel, entertainment, movies, golf, bowling, magazine subscriptions, flowers and gifts, moving, tires and rims, office supplies, prescriptions, taxes and much more! If you decide this is something that you or your family can take advantage of you'll find great discounts on places you already know and love right in your home town. It's simple, easy, fast convenient and it saves you money! Savings Highway offers three different levels of membership, Gold $99.95/mo. Silver $49.95/mo. and Bronze $29.95/mo. Obviously the higher the level, the greater the savings and the higher potential of making more money faster. With the savings that you'll get back from the gas and groceries alone will pay for the Silver Membership. It is my mission to educate people and bring savings and financial wealth everywhere! http://www.thesavingshighwayclub.savingshighway.com Angie Mitchell angie@amitchellonline.com Skype: angiebt79828 250-378-6798

Savings Highway Brings Financial Freedom and Huge Savings Submitted by Angie Mitchell

Times are tough. People are unemployed. How would you like to build a solid, residual income by helping others save money on something they need anyway, such as food and gas? If you're anything like me you take great joy in knowing you've helped someone and in return be handsomely rewarded for your efforts. Savings Highway brings financial freedom and huge savings on things you have to buy and on things you want to buy. If you continue to build your team, and get others interested in becoming a Savings Highway Club member, your residual income will grow as you and others affiliated with you find new members. Your residual income can become quite significant, and the opportunity for financial gain will only increase as the company expands! This is a once in a lifetime opportunity and I'm proud to be a part of it. Many shy away from network marketing for fear of having to badger people for money. They're afraid that after they "sell" their "warm" market, they'll have to approach strangers and try to "pitch" them. I've found a company that sells itself. Connecting people to a product or service they consume every day and providing them the savings is the best part of it all! It's a very simple concept, give the people what they want! People want to save money and people want to make money. It's up to them to take the necessary action. Being financially free means different things to different people. I think we all agree that to be financially free and financially independent means to have more money coming in than going out. What's really important is the person you become while striving for financial freedom, while becoming worthy (in your own eyes) of such success. Be willing to drop the poor person's mentality because financial freedom is a symbol of becoming someone capable of achieving their dreams. In the information age more of us need to grow up and grow away from old industrial ideas of expecting someone else to be responsible for our job security and financial security. This is a process that many people are avoiding by still seeking job security and financial security provided by someone else. It's time to take the bull by the horns and create your own reality! If you can dream it, you can achieve it and I'm willing to show you how. "The richest people in the world look for and build networks, everyone else looks for work" - Robert Kiyosaki Savings Highway is an opportunity where you can achieve financial freedom, savings and personal growth in every aspect. It is my mission to educate people and bring savings and financial wealth everywhere! http://www.thesavingshighwayclub.savingshighway.com For more information and details, please feel free to contact me. Angie Mitchell angie@amitchellonline.com Skype: angiebt79828 250-378-6798

Tax Savings Solutions, The Savings Highway Has Them All

US Congress enacts Home-Based Businesses Tax Savings Solutions

We are talking about tax savings laws passed by the United States Congress specifically to encourage taxpayers to actively operate a small home-based business - even on a part-time basis - with the intent to make a profit.

First, the fastest-growing business category -- for several years in a row -- has been Small Home Based Businesses. Maintaining continued expansion in that industry simply makes perfect sense for our national economy.

Second, unemployment puts a tremendous strain on the economy, and the leading job-growth category, again, is Small Home Based Business. Job growth = less unemployment = stronger economy.

Third, if every taxpayer had a part-time home-based business as a "fall back" or "safety net," a signifigant layoff by a major employer would have less of an impact on the economy.

You are about to get a map to a lot of "information" i.e., small home based business tax savings that are 100% IRS-compliant, easy to qualify for, and simple to document.

Most taxpayers (and most professional tax preparers) are clueless about these small-business-friendly tax savings, for a variety of reasons:

· The media gives very little publicity to these laws,

· Small-business tax law is not part of the ciriculum in most accounting schools,

· Knowledge of small-business tax law is not tested on CPA exams,

· IRS "publications" focus mostly on what you cannot deduct, not on what you CAN.

Here's how your business can qualify for Small Home Based Business Tax Savings...

In order to be in compliance with the IRS," you must:

1. Be able to Prove that you Intend to make a Profit.

o Write a Business Plan

o Estimate when you expect your business to become profitable

o Continually work to improve and expand your business

2. Tend to your business on a Regular and Consistent basis

o Regular and consistent activity is much more important than the number of hours.

o As little as 41 hour, 4-to-5 days a week is sufficient for the Tax Court

o Document your business activities in a day planner with ledgible notations.

3. Maintain Accurate Records

o Document All Business Income

Deposit all business income into a Business-only checking account

Keep a running log showing, for each check received:

Date received
Amount received
Source of income (company name, etc.)
Purpose of income received (i.e., Products Sold, Commissions, Bonuses, etc.)

o Document All Business Expenses

Use a business-only checking account for all business expenses
The purpose is to keep personal funds and business funds from co-mingling.
Use one or more credit cards exclusively for business expenses
Keep from co-mingling personal and business charges
Interest and fees on business-only cards are Tax Deductible.

o Document All Your Business Activities

A Daily Record is acceptable documentation(IF it is accurate and complete)
Show regular and consistent activity(as opposed to sporadic, inconsistent activity)

In my next article I will discuss what exactly you are able to deduct to take advantage of operating a small home based business for maximum tax savings.

What Should you do Next? Join the Savings Highway today and reap the many tax saving benefits the were specifically enacted by Congress to keep the United states Economy Strong.

For more Information Contact :

Jim Roche NJ

(908) 413-5363

The Savings Highway

The Savings Highway, Estimated Tax Savings $50,000

A good majority of people fear tax season when April 15th rolls around, but I actually look forward to it and become almost excited. The reason is not because I enjoy filling out lengthy forms and paying the government large sums of money, but because it's only during tax time that I fully realize how much tax savings my small home based business saves me every single year.

Most people procrastinate by doing research and wondering whether their business idea even has a chance, but they are missing the point. They don't realize how much tax savings can be gained by operating a small home based business even if it initially is not profitable at all. So if you are even mildly curious about pursuing a business idea, you must take action and give it a try if not for tax savings benefits alone.

Not operating a small home based business, allows the government to tax your earnings at a much higher rate. All of your earnings get taxed as ordinary income (up to 35%) before you are even allowed to spend it. With a small home based business, you get to spend your money first and only get taxed on what is left over.

The best part is that even if your business is losing money on paper, you can pass these paper losses from your business directly to lower your own taxable income! Either way, your net worth benefits whether you are profitable or not.

What Expenses Are Deductible?

The IRS code states that any "ordinary and necessary" business expenses can be deducted from your business income prior to being to taxed. For the Savings Highway business, this includes computers, office equipment, machinery, office supplies, utilities and much more. In addition, by planning your vacations around your business trips, you can save a lot by deducting travel and entertainment expenses as well. The general rule is that as long as the expense is made for business and not personal purposes, you can deduct it from your business income.

Small Business Deduction Guidelines

Naturally, the IRS has put into place many rules and regulations on what can be deducted on your tax return. Otherwise, some small home based businesses would abuse these deductions over and over again. The following is a partial small home based business tax deduction guide along with an outline of the most commonly taken small business deductions.

Keeping in mind that I'm not an accountant or a tax lawyer. The following information is only a guideline and not taken as fact. Tax codes are constantly changing and your current tax advisor must be up to date with the tax code before deducting any expenses associated with your business.

Very few expenses are "always deductible." In most cases deductibility depends on why you incurred an expense, how you intend to use the product or service purchased, whether a purchase was exclusively for business use or partially for business use, etc

What Exactly Can You Deduct?

AUTOMOBILE USE: Your automobile can net you a deduction of 40½¢ per mile or more when used for business. That's a tax savings of more than $2,000 if you drive your car 5,000 miles for business purposes.
Estimated Tax Savings: $2,500

VACATIONS: With the proper combination of knowledge and planning, your non-deductible "vacations" could be converted into tax savings "business trips. This deduction is worth between $2,000 to $3,000 a year for almost anyone who takes annual vacations. It's 100% legal, but you have to follow some simple rules.
Estimated Tax Savings:$2,500

CURRENT HOUSEHOLD EXPENSES: If you use a portion of your home exclusively and regularly for business purposes, then a percentage of your rent (yes, finally renters get a tax break), utilities, homeowners or renters insurance, general maintenance and upkeep, cleaning services, and other "indirect expenses" that you are already paying for in after-tax dollars, could be converted into tax savings business expenses. This deduction alone may entitle you to deduct $4,000 to $5,000. Some restrictions do apply so make yourself aware of them.
Estimated Tax Savings:$4,500

HEALTH CARE COSTS: If you employ any family member part-time in your home-based business, and provide a formal, legally structured "Employee Benefit" called a "Self-Insured Health Cost Reimbursement Plan," you could deduct, as a business expense, every dollar spent on any kind of health care that is not reimbursed under any insurance policy - for your entire family (which includes YOU). This tax savings is worth an average of $3,500 for the typical family of four. There are a few important steps to setting this up.
Estimated Tax Savings:$3,000

COMPUTERS, PHONES, ETC. Equipment which you purchase specifically for use in your small or home-based business, can now be fully depreciated in the year of purchase. This applies to computers, fax machines, printers, routers, scanners, digital cameras, cellular phones, office furniture and most other business equipment.
Estimated Tax Savings:$25,000

MEALS & ENTERTAINMENT: Pick up the tab for dining with or entertaining potential clients, customers, prospects or anyone else who could contribute to the success of your business, entitles you to deduct 50% of the cost. Under certain circumstances, you may also be able to include your spouse and kids, and deduct their expenses also. Do you know how to deduct the cost of your own meal without picking up the tab for the person you talked business with? These are all 100% legal deductions, IF you know and follow some simple rules.
Estimated Tax Savings:$5,000

EVEN THE "ALLOWANCE" YOU PAY YOUR KIDS! Federal Tax Court has ruled that a child as young as 7-years-old can perform meaningful services as an employee of his/her parent(s) in a home-based business. The wages you pay your children are tax deductible for you as a business expense, and the income to the minor is tax-free (up to $5,000 per child, per year). The rules are very specific, but easily followed.
Estimated Tax Savings:$7,500

What Should You Do NEXT?

Join The Savings Highway TODAY

I'm Jim Roche of NJ, Savings Highway Member. When you join the Savings Highway, I will show you how much you are probably overpaying your taxes right now by NOT having a Savings Highway business... (the answer is $5000-$6000 a year!)

And I'll show you how you can get Uncle Sam to pay for the costs of joining and for operating your Savings Highway business!

When you find out that a Savings Highway home-business will put an extra $400-$500 a month extra cash in your pocket just from the tax savings, you should be ready to sign up for the Savings Highway for this reason alone."

Contact Me:

Jim Roche NJ

(908)413-5363

http://thesavingshighway.com

http://taxsavingshighway.com

Skype Id= jim.roche3

he Savings Highway, Home Based Business or Hobby? How IRS Determines Tax Savings

The Savings Highway, Home Based Business or Hobby? How IRS Determines Tax Savings

The Internal Revenue Service reminds all home based business operators to follow appropriate guidelines when determining whether an activity is a home based business or a hobby, an activity not engaged in for profit.

In order to educate taxpayers regarding their filing obligations, the IRS guidelines explain the rules for determining if The Savings Highway qualifies as a business and what limitations apply if the activity is not a business. Incorrect deduction of hobby expenses account for a portion of the overstated adjustments, deductions, exemptions and credits that add up to $30 billion per year in unpaid taxes, according to IRS estimates.

In general, taxpayers may deduct ordinary and necessary expenses for conducting a Savings Highway business. An ordinary expense is an expense that is common and accepted in the taxpayer's trade or business. A necessary expense is one that is appropriate for the business. Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit.

Auditors are being told to use several tests to determine if your "activity" is really a "hobby" or a "business." Hobbies get a few tax breaks, but home-business owners get substantianly more!

If they can reclassify you as a hobby, the IRS gets more of your money.

IMPORTANT: As A Savings Highway representative. One of the tests that is not well understood, has to do with how much time you spend on the activity.

You need to prove "Material Participation" in your Savings Highway opportunity. Here are seven ways to prove you qualify for the tax savings:

1: If you work your business at least 500 hours per year. Tax Savings Allowed

2. If you work your business at least 100 hours per year AND no one else working in your business puts in more time than you do.Tax Savings Allowed

3. The taxpayer does substantially all the work in the activity.Tax Savings Allowed

4. The activity is a significant participation activity (SPA), and the sum of SPAs in which the taxpayer works 100-500 hours exceeds 500 hours for the year.Tax Savings Allowed

5. The taxpayer materially participated in the activity in any 5 of the prior 10 years.Tax Savings Allowed

6. The activity is a personal service activity and the taxpayer materially participated in that activity in any 3 prior years.Tax Savings Allowed

7. Based on all of the facts and circumstances, the taxpayer participates in the activity on a regular, continuous, and substantial basis during such year. However, this test only applies if the taxpayer works at least 100 hours in the activity, no one else works more hours than the taxpayer in the activity, and no one else receives compensation for managing the activity.Tax Savings Allowed

In order to determine wether the Savings Highway is a qualified home based business or hobby, taxpayers should consider the following factors:

* Does the time and effort put into the activity indicate an intention to make a profit?

* Does the taxpayer depend on income from the activity?

* If there are losses, are they due to circumstances beyond the taxpayer's control or did they occur in the start-up phase of the business?

* Has the taxpayer changed methods of operation to improve profitability?

* Does the taxpayer or his/her advisors have the knowledge needed to carry on the activity as a successful business?

* Has the taxpayer made a profit in similar activities in the past?

* Does the activity make a profit in some years?

* Can the taxpayer expect to make a profit in the future from the appreciation of assets used in the activity?

The IRS presumes that an home based business is carried on for profit if it makes a profit during at least three of the last five tax years, including the current year — at least two of the last seven years for activities that consist primarily of breeding, showing, training or racing horses.

If an activity is not for profit, losses from that activity may not be used to offset other income. An activity produces a loss when related expenses exceed income. The limit on not-for-profit losses applies to individuals, partnerships, estates, trusts, and S corporations. It does not apply to corporations other than S corporations.

Tax savings for hobby activities are claimed as itemized deductions on Schedule A (Form 1040). These deductions must be taken in the following order and only to the extent stated in each of three categories:

* Tax savings that a taxpayer may take for personal as well as home based business activities, such as home mortgage interest and taxes, may be taken in full.

* Tax savings that don't result in an adjustment to basis, such as advertising, insurance premiums and wages, may be taken next, to the extent gross income for the activity is more than the deductions from the first category.

* Tax savings that reduce the basis of property, such as depreciation and amortization, are taken last, but only to the extent gross income for the activity is more than the deductions taken in the first two categories.

As you can see from the guidelines established by the IRS qualifying as a legitimate home based business such as The Savings Highway are extremely straight forward. (Work at your business opportunity for 100 hours a year, and intend to make a profit). Turn your everyday activities (Eating and Driving) into substantial tax savings when you join the Savings Highway today.

Contact Me:

Jim Roche NJ

(908)413-5363

thesavingshighway@gmail.com

http://thesavingshighway.com

http://taxsavingshighway.com

Skype Id= jim.roche3