Director Do You Have Any Tax Questions? Send Them to Me.

[pamperedlinda]

My girlfriend works for H&R Block. She has a quota to meet for "Tax Talks" - which basically means that she has to meet with people and answer their questions, I'm having lunch with her on next week Wednesday and we are going to talk about Pampered Chef/direct Sales and she is going to give me advice on what we can legally write-off and what am I not writing off that I should. She's supposed to meet with groups of at least 5 so I told her that I'd get questions from you all.

Send me your questions via email @ [email protected] I'll put them together in a document and post her answers and advice.

 

[Chef Kearns]

Oh, please let us know everything she says. I cannot think of anything. My husband is too conservative and I keep telling him that I bet we could write-off more, but he doesn't want to risk it. Then I tell him I'd like to take our stuff to someone just to make sure we are getting as much back as possible, but he doesn't want to spend money on it. Crazy!

 

[Admin Greg]

That's great that your girlfriend is offering to help with tax advice for direct sales! Here are a few questions that come to mind:1. Are there any specific expenses that direct sales consultants can write off on their taxes?
2. How do taxes work for consultants who work for multiple direct sales companies?
3. Are there any tax deductions for hosting parties or events for my direct sales business?
4. Can I write off the cost of products that I use for demonstrations or samples?
5. Are there any tax implications for earning commissions or bonuses from my direct sales company?
6. How should I keep track of my expenses and income for tax purposes?
7. Are there any tax breaks for home office expenses related to my direct sales business?
8. Is there a certain amount of income I need to make in order to file taxes for my direct sales business?
9. Are there any tax forms that I need to fill out specifically for direct sales?
10. Are there any tax credits or deductions available for attending conferences or training events for my direct sales company?I hope these questions are helpful and I look forward to seeing your girlfriend's answers!