Building an Online Business

Written by Dianne Salmon

You don?t realize it but inrepparttar next few minutes you are going to learn how to build an online business. If you?re like me you have probably found building an online business can be confusing and frustrating. Here?s a fact for you, any woman, man or child can build an online business. Hey you can follow Terry Dean?s 101 High Profit Businesses You Can Start Online! Stop by and get your free copy from

Think about making use of this material and you will begin to see how you can build an online business. You haverepparttar 117352 drive and ambition, but you needrepparttar 117353 right information. Don?t believe me? You?ve already tried to build an online business and failed? Let me confess, so did I.

I joined traffic exchange programs to promote my web site. I tried FFA pages and free classified ad sites. All to my dismay. Hey you probably didrepparttar 117354 same thing. I was angry, frustrated, and confused at first. Remember when you were in school and you failed that exam? Admit it. You did it at least once. Well you still learnedrepparttar 117355 lesson ? you just didn?t passrepparttar 117356 exam.

Have you noticed yet that I began with no idea of how to promote a business? I learned lessons fromrepparttar 117357 failed attempts that I made. You don?t realize it but you have learned lessons fromrepparttar 117358 failed attempts that you have made. If you?re like me then you have probably changed strategies. I joined Subscription Rocket and Listfire to generate leads. Hey think about making use of these services yourself

The Benefits of Employing Your Children

Written by Collin Almeida

The Benefits of Employing Your Children

by Collin Almeida

How many times a week do you hear, "Mom, I need a new pair of shoes!" or "Dad, can I have money to go to a movie?" Not to mentionrepparttar cost of school supplies, braces, and college tuition that haunt every parent. If you're likerepparttar 117351 average parent, you probably spend several thousand dollars a year providing for allrepparttar 117352 needs and wants of your children. But unlike most Americans, if you are a home-based business owner, you can make those thousands work for you.

The IRS allows you to hire your school-age children as part- time employees for your business. Then, you pay them a reasonable salary for their work that is then used to cover all their expenses. And their salary is completely tax deductible. Plus, as employees, their medical expenses can also count as tax deductions.

For example, if you have two children, one age 10 and another age 17, you can officially and legally hire them to work for you. Perhapsrepparttar 117353 ten year old can clean up your home office or sort mail whilerepparttar 117354 older child could answer phones, handle filing, or type correspondence. No matter what responsibilities you elect for your offspring, make sure to prepare a formal employment agreement between you, as business owner, and your child. Make sure your agreement includes a list of duties,repparttar 117355 compensation arrangement, and any special details you want to have in writing. In addition torepparttar 117356 official agreement, you can create a job title and description for your new "employee". Not only will this help to audit-proofrepparttar 117357 deduction, it will also clearly spell out for your child what his or her responsibilities are.

There are some restrictions, however. For instance,repparttar 117358 child's yearly income (according to 2001 tax regulations) can be no more than $4550. Additionally,repparttar 117359 pay rate must be comparable to similar services offered by professionals. If you are paying your child for vacuuming or dusting, you should contact cleaning services in your area for a written estimate and base his or her wage accordingly. Also,repparttar 117360 child must maintain a record of his or her work. The log must includerepparttar 117361 date, type of work, time worked, and hourly rate. The last restriction is thatrepparttar 117362 child must be paid what he or she earns. So you will need to open separate checking accounts forrepparttar 117363 children in which to deposit their salaries. Allrepparttar 117364 expenses then can be covered from that account, including entertainment, clothes, school expenses, or even a car or college tuition.

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