Set Up a Tax Foundation

2
597 followers

Setting up a tax foundation for your business should be the first thing you need to do before starting out in the affiliate marketing industry, all the information over load  can sometimes cause people to overlook this step. Setting up a few key accounts before trying to open all the affiliate accounts that are needed will save you a lot of time.

Try to have a BUSINESS LICENSE ,EIN#, and a BUSINESS BANK ACCOUNT set up before you even start business.

Having these "SETUP FIRST" will make things easier when you need to start opening some of  the accounts you are going to need,  and to help keep track of your business expenses for tax write offs.

 

Depending on your tax situation you could have enough write offs to pay for your first year at the WAU!!!

Hows that for free money,   your gonna spend it anyhow might as well get some back.

 

Life Is Good!!!

Lou

 

 

 

2

Join FREE & Launch Your Business!

Exclusive Bonus - Offer Ends at Midnight Today

00

Hours

:

00

Minutes

:

00

Seconds

2,000 AI Credits Worth $10 USD

Build a Logo + Website That Attracts Customers

400 Credits

Discover Hot Niches with AI Market Research

100 Credits

Create SEO Content That Ranks & Converts

800 Credits

Find Affiliate Offers Up to $500/Sale

10 Credits

Access a Community of 2.9M+ Members

By continuing, you agree to our Terms of Service and Privacy Policy
No credit card required

Recent Comments

2

Actually all you need is a sole proprietorship business license in the U.S. to be a legitimate home business, don't know about any other countries. Having the sole proprietorship business license allows me to write off a portion of my utilities, mortgage, dedicated business phone bill, WAU fees, domain names and anything else that I use for my marketing business.

Are you talking about a non-profit foundation of some kind or maybe a regular LLC or Corporation? Sounds like a very good idea. I'd just like a little clarification. Wizard

Join FREE & Launch Your Business!

Exclusive Bonus - Offer Ends at Midnight Today

00

Hours

:

00

Minutes

:

00

Seconds

2,000 AI Credits Worth $10 USD

Build a Logo + Website That Attracts Customers

400 Credits

Discover Hot Niches with AI Market Research

100 Credits

Create SEO Content That Ranks & Converts

800 Credits

Find Affiliate Offers Up to $500/Sale

10 Credits

Access a Community of 2.9M+ Members

By continuing, you agree to our Terms of Service and Privacy Policy
No credit card required

2.9M+

Members

190+

Countries Served

20+

Years Online

50K+

Success Stories

The world's most successful affiliate marketing training platform. Join 2.9M+ entrepreneurs building their online business with expert training, tools, and support.

© 2005-2025 Wealthy Affiliate
All rights reserved worldwide.

🔒 Trusted by Millions Worldwide

Since 2005, Wealthy Affiliate has been the go-to platform for entrepreneurs looking to build successful online businesses. With industry-leading security, 99.9% uptime, and a proven track record of success, you're in safe hands.