This tax season, I became very aware of the number of people in the mlm industry who did not realize that they owned a homebased business with all the applicable tax deductions. The majority of them had only been educated on income potential side of the mlm product not the running of a homebased business.
As a result, when the income did not appear as promised, they became discouraged and soon dropped out of the business. It is sad that no one had educated them on the tax side of the business. The fact that they could save thousands in taxes and obtain an immediate raise on their jobs.
The mlm homebased business is the best way for the average American to get out of debt.
I am doing a survey on this topic to help in the development of an ebook I am writing. Your imput and advice is desired.