Income Shifting – A strategy of moving a person’s income from a high income bracket or tax rate to a lower one.
Home Business – (or “home-based business” or “HBB”) is a small business that operates from the business owner’s home office.
Acquiring a HBB, allows you to shift your income by adjusting your w4 to reflect said business. This affords you hundreds of allowances and tax advantages for being a business owner.
Check out this video for more about what Income Shifting and Owning a Home-Based Business.
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