What if there was a way to have your cake and eat it too?

We have all heard this saying over the years. According to Wikopedia, this saying means “To have one's cake and eat it too or simply have one's cake and eat it (sometimes eat one's cake and have it too) is the instance of an individual consuming, exhausting, taking advantage of or using up a particular thing and, then, after that thing is gone or no longer reasonably available, still attempting to benefit from or use it.” Generally this is a negative staying. But what if I told you there is a way to consume something and benefit from that same something.

I know it’s hard to believe, but what if there were such a program? Wouldn’t you want to take advantage of it?

Let’s look at all the household items you use every month. Things like laundry soap, fabric softener, glass cleaner, and dish soap. I think it is safe to say that the average family spends from $50.00 to $175.00 a month on these items. So, you ask, how do I get these double benefits just from cleaning my house?

It gets even better. You can also get this benefit for losing weight and even having some snacks.

Dr. Robin, you ask, how can this be? When I buy something the only benefits I get is the enjoyment or weight loss or a clean house. When those products are gone they are gone and so is my the money I spent on them. SO what in the world are you talking about?

Ok here is the answer. The Government and the IRS have stated that if you are an associate, distributor or IBO (independent business owner) for a network marketing company, and that company requires you to purchase a certain amount of product to stay qualified (often referred to as autoship) to receive your commissions, the amount of those purchases is a business expense, even if you use these products yourself.

Even though I have had this verified by several attorneys and tax specialists, as always check with your own attorney or tax expert.

Here’s how it works. If company M says you have to get 70 points (BV, CV, etc) to maintain your position in the company and be eligible for commissions. The cost is $85.00 to obtain those 70 points. Then the $85.00 worth of products that Company M required you to purchase is tax deductable as a business expense. This deduction applies even if you use these products yourself in your own home. If you joined Company M, the benefits would be as follows:

1. Business expense of $85.00 (tax write off)

2. You stay qualified for your commission checks

3. You get use dollars you are currently spending to clean your house, lose weight, or just have some great snacks (redirection of funds, that is no increase in spending) to stay active in Company M.

4. You now have another stream of income (commissions from Company M) and you can potentially make enough in commissions to pay for the products!

This can apply to any number of companies and lots of different products. If you would like more information on how this can work for you, contact me at drblindguy@gmail.com

What are you waiting for? No increase in spending and you get a clean house or to drop off pounds or get some great snacks. Plus you get the tax benefit. Wow what are you waiting for? Start saving money today!

Visit me here http://www.mysuccesstree.net/blindguy

Tags: blindguy, dr, marketing, mlm, money, network, networking, robin, rushlo

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31 Comments

Comment by M. Rita Metts on July 28, 2009 at 6:41am: Sounds like an interesting concept.

Comment by Don (Coach) Cox on July 11, 2009 at 10:59am: As mentioned, 'having cake, and eating too' usually provokes a negative thought. In the home-business arena, many overlook the tax advantages that apply. However, setting those aside, the idea of 'consuming' the necessary requirement for maintaining an achieved level, is the most meaningful point made. There's no increase in inventory. There's no wasted storage space. No money down the drain. Uncle Sam gives us a fringe here, but the real advantage is still the fact that we are not continually making unnecessary investment in capital. When the product line is limited to cleaning supplies, and weight loss, then $75.00 to $150.00 a month may seem extravagant. However, when your product line includes 350-400 'consumable' items, covering everything from health, cleaning, personal care, first aid, to cosmetics, it becomes much easier to spend this amount monthly. Great job Dr.!! I personally love my cake!

Comment by MARY MCKINNEY on July 6, 2009 at 2:01am: I love the philosophy behind this company model. I contacted you and look forward to hearing more about the concept!

Comment by Kevin Yeats on June 27, 2009 at 9:22pm: So it the tax tail wagging the business opportunity dog?

Comment by Peter Conway on June 27, 2009 at 11:34am: All I can say is that cake and eat it bit is all to familiar vocabulary around my abode, as my wife runs a bakery from home. But sure thing man why give Uncle Sam deserts he`s not entitled to.

Comment by Dexter on June 26, 2009 at 2:44pm: When ever I order my cake, I expect to eat it too...

Comment by Glen Brink on June 26, 2009 at 11:49am: Thanks for the post.

I love my work in my fulltime Internet business.
So I have my cake and eat it too every day.

Comment by Sandy Falagan on June 26, 2009 at 10:51am: I will use my autoship requirement next year. Thank you, Dr. Robin.

Comment by Sandy Falagan on June 26, 2009 at 10:49am: I understood the autoship requirement was not tax deductible, but I will use it when I do my 2009 tax preparation. Thank you, Dr. Robin.