1st Thing You Need To Change in Starting Up a home biz

Written by Heri Rosyadi


Continued from page 1

Try to ask yourself, Am I a risk taker? it means willingness to learn and try again if failing, 100% business owners will succeed just because they have "Never Quit" attitude. Do I have time and money to be invested into my business? Most people who quit doing their home based business is just because they don't treat it like other business. You must realise that ALL business needs TIME & MONEY to be invested. You need to make an INVESTMENT. Fortunately withrepparttar internet, home business owner can leverage their time and money.

Withrepparttar 100332 right mindset you will run your business withrepparttar 100333 right attitude. Then followed withrepparttar 100334 right path to take in form of a series of proven actions (like my website theme - PathToSuccessOnline.biz) will give you success in a short time!

Heri Rosyadi publishes Home Business Tips, a fresh and informative newsletter dedicated to supporting people like YOU! If you`re looking for the *best rated* home business opportunities, the latest time saving tools and helpful support from an honest friend in the business, come by and grab a F-R-E-E subscription today at: http://www.pathtosuccessonline.biz


Tax Time Tune Up

Written by Eve Abbott


Continued from page 1

Some tax-preparation web sites are cheaper than their desktop counterparts. But they don't always haverepparttar most complete version of tax help thatrepparttar 100331 desktop software does. There can also be additional costs of state filing services, sometimes at more expense thanrepparttar 100332 federal counterparts. A recent PC Magazine ratedrepparttar 100333 top three Tax Web Sites as: TurboTax (*****), TaxCut and Complete Tax (both ****).

Make a file tray marked Tax Stuff every January. While sorting your mail put all 1099's, W-2's, and any tax-related material into it. You can also put colored accordion file pocket folders in your ‘tax box’ for incoming tax documentation. Use your credit cards to simplify your accounting. Select which cards you will use for business, travel or expensed transactions, household, personal, and use only one card for all your internet transactions. Label your cards untilrepparttar 100334 usage becomes second nature to you.

Credit card buyer-protection programs are useful in a merchandise or service dispute. Keeping only one credit card number exposed torepparttar 100335 web limits your exposure to fraud. I use three cards only: business, personal, and web.

At month end use your credit card statements, auto/transaction log and checkbook to track expenses for your ledger or computer program instead of chasing allrepparttar 100336 receipts.

Keep a compartment, or envelope in your briefcase where you can easily stuff any receipts or notes. Then, use it. Have a drop box in your office forrepparttar 100337 expensable receipts from your briefcase or pockets. At home make a place to put any receipts that refer to warranties or personal property records.

After April 15th, archive all tax-related files separaterepparttar 100338 previous year from your active files into an available (but not daily use) archive box. Put in a back-up disk or CD of your accounting program for that year along withrepparttar 100339 data. Also, put your calendar and a carbon copy phone message book inrepparttar 100340 tax archive box – it’s all proof of business use.

Place prior records into garage or closet storage. Mark each box onrepparttar 100341 outside by tax year and put all related tax backup documentation into it. Include a copy ofrepparttar 100342 tax return itself, as well as any 1099s, W-2s etc.

Keep a transaction log for auto mileage and miscellaneous transactions. You must have a log to deduct auto expenses, and when you maintain a transaction logrepparttar 100343 IRS does not require that you keep receipts for expenses under $75.00. This documentation goes into your ‘tax box’ which becomes your ‘tax archive box’.

You can set up your Personal Digital Assistant (e.g., PalmPilot) to use an Expenses Notes section to easily maintain your daily business expenses.

Save yourself money and stress by using these tips to get a jumpstart on 2004 taxes. Tune-up your own file system, or if you don’t have one, userepparttar 100344 cost-effective FileSolutions TM file kits.

Or you can go allrepparttar 100345 way with new electronic preparation and filing to make sure this year is better than last April 15!

Since 1988, Eve Abbott has organized executives and business owners so they can work at least 25% more effectively. Her book is How to Do Space Age Work with a Stone Age Brain™ (2004). She has degrees in Sociology & Psychology from the University of California and a Lifetime Adult Teaching Credential. The Organizer Extraordinaire appears in New York Times, Working Woman and Home Office Computing articles. Contact Eve: www.organize.com


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