Bradford Tax Institute
Article Date:
May 2007


Word Count:
320

 

 

MLM Deductions Lost


Yung Chong worked his regular full-time job and industriously developed ways to make money on the side. One of his main side efforts was NuSkin, a multilevel marketing (MLM) company. Chong acted as an independent contractor for NuSkin, incurring various business expenses such as gas, car maintenance and insurance, tolls, and business meals. By his own testimony, Chong was very frugal in his day-to-day expenses:

 

·

He scheduled his business meetings to avoid paying multiple tolls.

·

He bought “a few” used cars ... Log in to view full article.

Already a subscriber?
User Name
Password


You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee



Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development

 

SS