Worst Tax Shelter? Amway, Horses, or Drag Cars?

When we attended Amway cult meetings our sack of shit Platinum - and other cult leaders - always said if nothing else Amway is a good tax shelter because you can write off everything related to Amway. That is how most ambots make their income from Amway in the form of a tax refund by writing off Amway expenses against the income from their day job. Luckily our accountant refused to include Amway on our taxes saying she only deals with legitimate businesses not pyramid schemes. When it comes to tax deductions you don’t want to be screwing around. If you leave yourself wide open for an audit and you’re including all the Amway groceries and cleaning shit plus tickets to Amway functions and the related expenses of getting there, you may find yourself paying back what you scammed out of Uncle Sam plus fines, plus jail time. A good accountant lets their clients know when they might be leaving themselves open for a closer look. Ambots have been brainwashed to believe that hiring professionals such as accountants is a waste of their money. Money that could be better spent on Amway products and tools. Instead “counsel with upline” for your tax advice and what expenses can be written off.   

Yup fools taking advice from fools!

Pretty scary. And absolutely ambots in our WWDB line were taking this bad advice.

Here’s a recent post by Peter Reilly on the Forbes blogs where he again states that Amway (phony) business owners don’t do so well in tax court when the IRS audits them for the phony business expenses they claim. Well what else do you expect from phony business owners who pretend they’re big shots in Amway! However most of the blog is devoted to a horse breeder apparently an industry that the IRS audits as much as Amway IBO’s except the breeders seem to come out better than IBOs!

http://www.forbes.com/sites/peterjreilly/2012/04/22/drag-racing-and-horse-breeding-in-the-same-case-at-least-they-didnt-try-amway/

Usually after Peter writes about Amway IBO tax cases a few dumb ass ambots show up to preach their canned Amspeak responses to him and want to debate what a great business opportunity Amway is. They do whatever they can to discredit other sources that tell the truth about Amway including one ambot who left a comment that Peter had murdered his mother. That's gotta be a big shock when someone accuses you of a serious crime you never committed! But what else do you expect from an Amway asshole. Deny, discredit, distract. Whatever they can get away with because they have no morals and don’t give a shit about destroying other people’s lives. So far no ambots have shown up to bitch at him on his latest post but that may be because the majority of his post was devoted to other hobbyists.

Here’s links to a couple of other posts he’s written about Amway ambots going up against the tax man.

http://riles52.blogspot.com/2011/06/selling-soap-as-hobby-amway-ibos-in-tax.html

http://blogs.forbes.com/peterjreilly/2011/07/26/drag-racing-and-amway-fun-not-profit/

           

And of course no post of mine would be complete without cursing out my Amway upline so here it is:

Fuck you and the champagne horse you rode in on!

And you’ll have to read Peter Reilly’s blog to understand that one