Instant Pay Raise Estimator Our Instant Pay Raise Estimator will give you a good idea of how much owning a MWR Financial Home-Based Business may save you on your taxes each year or how much you may be able to increase your monthly W-2 take-home pay IMMEDIATELY. Below are just 7 of over 180 possible HBB tax deductions that could Save You Money and Increase Your Paycheck EVERY month! Remember, you must have a home-based business to capitalize on these tax savings.

Common TAX DEDUCTIBLE Expenses
Type MONTHLY answers into the fields provided:	Monthly Expenses:	Annual Deductions:
1. Number of miles you drive - include all vehicles (Estimated deduction is based on 70% of the total miles entered being converted to eligible business miles, at a rate of $.545 per mile):		$ 0.00
2. Cell phone expenses:		$ 0.00
3. Internet Expense:		$ 0.00
4. Cost of business meals:		$ 0.00
5. Travel Expenses/Business Trips (airfare, hotel, parking, car rental, etc.):		$ 0.00
6. Health Insurance Premium:		$ 0.00
7. Number of your Children (ages 7-17) that you employ or intend to employ (This deduction is based on your HBB paying each child $5,000/year of the $12,000 in tax-free income they are eligible to earn annually)		$ 0.00
Your Total Annual Deductions:		$ 0.00
8. Average Tax Bracket (The default Tax Bracket of 20% is selected based on a conservative national average of 14% Federal and 6% State Tax) If you know your current combined State and Federal tax bracket? Please feel free to select the Tax Bracket that applies to you.	10 % 15 % 20 % 25 % 28 % 33 % 35 %
	Monthly	Annual
Your Estimated Instant Pay Raise/Tax Savings:	$ 0.00	$ 0.00
DISCLAIMER: The above business deductions are for demonstration purposes. Tax laws change, and certain deductions are frequently added, removed, reduced or increased. Our MoneyMAX CPAs & CFPs along with our TaxBot Expense Tracker will assist you with claiming and tracking your deductions correctly. Our experts will also assist you in adjusting your W-4 appropriately to start receiving these savings on your very next paycheck. NOTE: These tax savings are based on US taxes. Copyright © 2018 . All Rights Reserved.