deductr: automated tax savings solution
When joining a home-based income opportunity, there may be tax deductions to consider in your decision depending upon many factors including your jurisdiction of business operation and residence. You may be able to save in taxes building your business, potentially even a few hundred to thousands of dollars a year. Even a percentage of your vacation could be deductible and part of your marketing expenses.
The intention of any home-based business is, of course, to build an ongoing income and along the way all businesses will have dozens of expenses that may be written off each year on your taxes.
For all jurisdictions please confirm possible tax advantages with your professional tax adviser as FVN is not in the business of, nor should in any way be construed as providing, tax advice.
Your new home-based business gives you the potential of significant tax advantages, benefits, and savings that you didn’t have as a W2 employee.
With Family Vacation Network you will have the option of using powerful and user-friendly software that helps you maximize all of your tax deductions without the headaches associated with complex bookkeeping and manual tax tracking systems. You don't have to keep up on tax law or be proficient at bookkeeping to get the most out of Deductr. It's designed to be the easiest-to-use, most automated tool on the market for small business owners.
Features
- Simple
- Easy to use
- Automated
- Mobile
- Anti-Procrastination
- End-of-Year Report
Deductr’s MyBankLink feature revolutionizes business expense tracking by giving you the freedom to "swipe your card" and forget it until you are ready to confirm it. No more manual entry. No more missed deductions from forgetting to track. With MyBankLink there is nothing to forget, so you're more likely to get all of your deductions.
Once your bank or credit card is linked to Deductr, each new transaction comes into your Deductr account automatically. With free mobile phone apps, nearly all the powerful features of Deductr are available on the go. You are prompted when new transactions are imported, and Deductr holds them in a queue. All you have to do is confirm them by simply recording the business purpose of the expense. At year end Deductr prepares a report for your tax preparer with just one click!
For More Details about Deductr Features, Click Here
