1. The Perfect Referral Business

2. America’s Tax Systems
Currently: There are two different set of rules in America’s tax system:
Individual vs Business
Individuals – deductions are narrow
Business – deductions are broad
Why doesn’t everyone own a business?

3. Why Doesn’t Everyone Own a Business?
Five obstacles in owning a business:
Lack of knowledge
Cost
Time
Experience/expertise needed
Fear

4. Lack of Knowledge IRS Regulations
Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit.

5. Cost Your benefits received annually: Investment - $19.95/month
$1,300 to $5,000
Investment - $19.95/month
Revise W-4 to reduce income tax withholdings
Money-back Guarantee

6. Time Involvement
Each member is given a personalized tracking link to a landing page –
We suggest sending this link at least five times a month. Include this response in correspondence ( , text or social media) with friends and acquaintances who may want to save on their taxes:
P.S. My CPA recently told me about a way I could save a lot on my taxes, and I thought that you may want to take a look yourself. Go to:

7. Experience/Expertise Needed
Referring others
A natural response to something you like and an activity you are presently performing
This is the function that provides a reasonable expectation to earn a profit that is required by the IRS to qualify the activity as a business
The Perfect Referral Business is one of the 15 Strategies that SASBA has developed to help its clients get better control of their personal finances.
Join TakeCharge Solution for free to help individual gain better control of their personal finances

8. Fear
You are not alone
SASBA’s national network of professional tax preparers
Online training
Oversee compliance and integrity of program
Your SASBA CPA
Locate
Provides highly discounted tax preparation services

9. The Perfect Referral Business
The Perfect Referral Business is SASBA’s prototype business and requires no risk, little to no additional time involvement, no corporation, LLC, or permits, no storefront, no employees, no inventory, no selling and most importantly, the business has a reasonable expectation of earning a profit. The reasonable expectation of earning a profit is one of the primary IRS requirements of whether or not an activity should be considered a business.

10. The Perfect Referral Business