IN THIS CASE, THE IRS WILL PAY YOU INTEREST!

If you learn about tax deductions you could have qualified
for in any (or all) of the past three years, you can file
Amended Returns (Form 1040X) and not only get a second
refund on tax returns you've already filed, but also collect
4% interest on the amount of time the IRS held your money.

The process is explained in Chapter 15 of "Home Business Tax Savings Made Easy!"
available at the author's website at www.HomeBusinessTaxSavings.com

WANT PROOF THAT YOU ARE OVERPAYING YOUR TAXES?

So far in 2009, according to the IRS, NEARLY 80%
of ALL Tax Returns filed, resulted in a refund, and the
AVERAGE refund amount was................ $2,675!!!


Folks, that is NOT because the IRS got religion.
It's because they have found a way to get 8 out of every 10
taxpayers to willingly overpay their taxes by more than
$200 per month, month after month after month.
Then they give our own money back to us 15 months later and
without interest, and we brag that we got a refund.


The tele-briefings announced in the post below will show you
how to put an extra $400 to $500 in your pocket everymonth,
and still keep getting those $2,675 refunds.

MINIMUM WAGE RATE IS NOW $7.25 PER HOUR --- UP 10.7%

You need to know this if you are employing your spouse or kids
to get the tax benefits described in Ch. 6-7 of
"Home Business Tax Savings Made Easy!"

The new federally-established minimum wage rate is now $7.25/hour.
Most states have their own minimum wage, BUT
most employers have to pay whichever is higher,
your state's rate or the federal rate.

To find out your state's current minimum wage rate, visit http://www.dol.gov/esa/minwage/america.htm

Between 3 million and 5 million American workers will see
a pay raise due to this, according to the Labor Department.
That's a good thing for those employees, but not so good
for their employers, many of whom are struggling to survive the recession.

Interesting footnote:The 13 states with the highest minimum wage
(all of which are higher than the new federal new minimum)
have higher unemployment levels than all other 37 states.

GOT REFUND?

Of all tax returns filed so far in 2009 (most of which were for 2008 income),
the IRS says that 79% have gotten refunds, and has computed
that the average refund was $2,675.

Wow! The IRS got religion? Not on your life!
They've simply gotten us to overpay our taxes by an average of
$225/month. Then 15 months later the give it back to us --
with no interest-- and we happily brag that we got a refund.

Would you rather have an extra $225 cash in your pocket every month,
or an extra $2,675 cash in your pocket once a year? If you like the
1-time check every April, do nothing; it will continue coming as before.

But if you'd rather have an extra $50-$60 cash
in your pocket every week all year long, you
could go to your company's payroll office and
add another 3 "allowances" on your W-4 with-
holding form, and the extra money will show up
in your take-home pay automatically.

(BTW, if you don't know what I'm talking about, see
Ch 13 of "Home Business Tax Savings Made Easy!")

DON'T FALL FOR THIS SCAM

Email subject line reads:
Tax Refund Number 2009IRS2...

Email text reads:
Dear Applicant, 2009 Recalculation Tax Refund.

After the last annual calculation of your fiscal
activity we have determined that you are eligible
to receive a tax refund of $284.23

DON'T FALL FOR IT! Come on, if the IRS has
money for you, are they going to tell you by email?
I don't think so. Your email address is about the
ONLY bit of personal data they haven't (so far)
required us to reveal to them.

ARE YOUR KIDS OR GRANDKIDSYOUR EMPLOYEES THIS SUMMER?

In "Home Business Tax Savings MADE EASY!" (Ch.6)
I describe LOTS of advantages of employing your minor
children in your home-based business, and exactly how to
bullet-proof your tax deductions for doing it.

Now here is another reason: Roth IRA.

An amount up to $5,000 or your child's total 2009
earned income (whichever is lower) may be contributed
by the child or by you into a Roth IRA.

Look at this example:
If your 15 year old put $5,000 into a Roth IRA this year, --
then did nothing else, ever -- that $5,000
will be worth about $200,000 by full retirement age (assuming 7% growth).

Now, imagine hiring your kids when they're as young as 7,
and putting a little of their earnings into an IRA this year,
and a little more each year. By the time they are 21,
they could have a million dollar retirement nest egg already funded.

"HEALTH CARE FOR EVERYONE" MAY COST YOU a BUNDLE!

Revamping the health care system will cost at least
ONE TRILLION DOLLARS. Supposedly health care
cost savings will pay for 40% of the total. I doubt that,
but even if it is true, guess where they'll get will the
other 60% -- $600,000,000,000? (Yes, 600 BILLION!)

That task, my friends, has been given to the House and
Senate TAXWRITERS.

Savor the feeling of your wallet in your hands while
there's still something in it, because it's looking like the
"change" we were promised, will come in the form of
nickels, dimes and quarters we have left after
staggering tax increases.

SUMMER CAMP FOR YOUR KIDS -- WHAT CAN YOU WRITE-OFF?

If you have children under the age of 13 who need daycare
during summer vacation while you work, the cost can count
towards Child and Dependent Care Credit, BUT ONLY IF
it is DAY-camp, not overnight camp.

This Credit can range from 20% to 35% of the actual cost
up to $3,000 for one minor, or up to $6,000 for two or more
dependents under 13.

The 20% rate applies if your income is over $43,000, and the
higher 35% rate is for those making under $15,000 in 2009.