10/05/2009
5 Tips on Understanding Home-Office Deductions
1. Take advantage of every legal opportunity to reduce your taxes. Recent changes in the law benefit business owners who use their homes as an administrative and management base but work at other locationsundefinedsuch as plumbers, general contractors and health-care professionals.
2. Ask your tax professional to analyze your business regularly so you don’t miss important deductions.
3. Document deductible items. These usually include such costs as computers and other equipment, telephone charges, furnishings, and pro-rated portions of rent, utilities, home insurance and homeowner association fees.
4. If you are a homeowner, discuss with your tax advisor whether or not to take a depreciation deduction for the office space. Sometimes it pays; sometimes it doesn’t.
5. For detailed information, visit www.toolkit.cch.com, the web site of CCH Inc., a business information services company based in Illinois. Or, go to the Internal Revenue Service Web Site, www.irs.ustreas.gov, and download IRS Publication 587, Business Use of Your Home.
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éUpdates:
WNBA Sisterhood Day @ Madison Square Garden on September 13, 2009
This event was phenomenal! The organizations that organized this wonderful networking opportunity did such a great job. There were vendors, the gift bags were full with great stuff, and everyone was successfully networking. I made some new contacts and hopefully new partners. Visit our gallery to view the pictures. You can visit our gallery to see how much fun we had. Our organization Real Sisters Rising was one of the supporting organizations. This event was to support FFAWN. FFAWN is the Mary J. Blige and Steve Stoute Foundation for Advancement of Women Now. To learn more about FFAWN visit their and join the mailing list and even make a donation for the cause http://www.ffawn.org
Facebook Networking Event in Queens on September 16, 2009
Sherrise Patterson of Simply to Empower welcomed us and our guest to have a fun networking event at their store in Queens. There were guest from various backgrounds who got up in front and introduce themselves and their business if they had one. Everyone who attended said they learned something new that they could take back home and apply it their lives or business in a positive direction. So this was a successful event. Visit our gallery to see the pictures.
Soul Purpose: Party with a Purpose on Saturday, September 26, 2009
Joan Sherwood a Soul Purpose Entrepreneur hosted one of their signature events at her home. This event Party With A Purpose was a nation wide event for Soul Purpose. At each Party With A Purpose that was going on across the nation, their was Community Entrepreneurs being honored. Joan Sherwood nominated me ShaChena Gibbs as one of her honorees. I felted so honored. Now I have to say, the women who attended this event and it was a lot of them. They were all positive and beautiful. The energy in the room was amazing. I love me some Joan! Visit our gallery to see the pictures.
éRising Star for the month of September: Carla Thorpe
Carla L. Thorpe, Owner/Organizational Strategist
Make It Happen Consulting
Member Since- 2007
Chapter- DC/MD/VA
Ms. Thorpe's talent for writing riveting poetry, incomparable short stories, and reflective commentaries were discovered -- a discovery that would lead to numerous invitations to write for well renowned publications such as Stylistic News, Xtreme Showcase Magazine, Erbanlyfe Magazine & Brown Gurl Magazine. Read more
éAuthor of the Week: Twanja Windley
Twanja Windley, Author of Led by the Word. Ms. Windley is also one of our weekly personal growth bloggers. You can read Ms. Windley’s blogs on our site weekly. She shares with her readers the blessings that God has sent to her. She also shares with her readers her struggles and her successes. Take some time and read about Ms. Windley. Twanja Windley blogs.
éUpcoming Events:
Wednesday, October 7, 2009 Monthly Networking Call @ 9pm
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Wednesday, October 15, 2009 RSR Marketing ReVue-Bronx
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*Saturday, October 17, 2009 Small Business Workshop in Georgia
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*Wednesday, October 21, 2009 GW Networking Event
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Saturday, November 14, 2009 Real Sisters Rising Achievement Celebration
Keynote Speaker: Georgia Woodbine
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éFriends of Real Sisters Rising:
Be Well Benefit
Black Business Owners Network
God is a Brown Girl
GW Monthly Networking
Sisters 4 Sisters
éClassyfied:
Business Opportunity: We're looking for 10 powerhouse women who live in the Tri-State area who are empowered and committed to empowering others to step into their greatness. We're building a huge network and we want you to be a part of it. If that's you call me at 917-67-0301 or email info@greemwahms.com, Sharon Mayers.
Are you a speaker? Get listed in our New Speakers Directory for ONLY $10 month.
For more information send email request to info@realsistersrising.com
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“HOME BUSINESS TAX MADE EASY” Visit the Tax Savings Learning Center for more great ways to save money on your Home or Small Business Tax Returns
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"New Book “Conversations with Black Millionaire Entrepreneurs” featuring interviews with Cathy Hughes of Radio One Inc., Les Brown, Andrew Morrison founder of Small Business Camp, Randal Pinkett the Winner of the Apprentice, Ephren Taylor, the youngest African American CEO of a publicly traded company, Dennis Kimbro author of Think and Grow Rich: A Black Choice, and George Fraser, author of Success Runs in our Race and Black America’s #1 Networkers hare insights and lessons to being successful Black Millionaire Entrepreneurs."
Real Sisters Rising
“Helping Women find the Diamond in their Destiny”
National Networking Organization for Women Entrepreneurs
Our PURPOSE as a group of women young and old, We will be working together to provide resources, education, networking opportunities along with advocacy and promoting self-awareness within our communities. We believe when women improve the quality of their lives, the communities to which they contribute also improves.
Serving women nationally who are looking to reach for the stars to advance professionally and personally.
Our membership is also affordable for today’s economy
Only $15 / month
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