Episodios

  • Count on the Truth Radio host Ken Nielson on Taxes and Home Based Business with Peter Mingils

    Count on the Truth Radio host Ken Nielson on Taxes and Home Based Business with Peter Mingils
    Jan 14 2026
    Ken Nielson hosts this weekly Count on the Truth Radio show where he talks about taxes and the MLM Industry on Building Fortunes Radio Show with Peter Mingils. On this show, Ken Nielson talks about taxes and the benefits of Home based business. Unlocking Tax Advantages by working a Home based business. Running a Home-Based MLM Business In the dynamic world of multi-level marketing (MLM), where entrepreneurs build networks from the comfort of home, tax benefits can significantly boost your bottom line. As a home-based business owner in MLM—think companies like Amway, Herbalife, or your own network marketing venture—you're not just earning commissions; you're positioning yourself for smart tax savings. These perks stem from IRS rules treating your operation as a legitimate business, provided you maintain proper records. Note: This isn't tax advice—always consult a CPA or tax professional for personalized guidance, especially with evolving laws as of 2026.The Home Office Deduction: Your Space Pays OffOne of the most appealing advantages is the home office deduction. If you dedicate a portion of your home exclusively to business activities—like hosting virtual meetings, managing inventory, or recruiting downlines—you can deduct a percentage of household expenses. Calculate this based on the square footage of your office space relative to your home's total area. For example, if your home office is 200 square feet in a 2,000-square-foot house, that's 10% deductible.What qualifies? Mortgage interest, rent, utilities (electricity, water, internet), property taxes, insurance, and even repairs. In 2026, the simplified method allows a flat $5 per square foot deduction (up to 300 sq ft), capping at $1,500, making it easier for beginners without itemizing every bill. This can shave hundreds or thousands off your taxable income annually, turning your living room setup into a tax-efficient headquarters.Deducting Everyday Business ExpensesMLM thrives on relationships and promotion, and the IRS lets you write off costs that keep your business humming. Supplies like marketing materials, product samples, business cards, and software for tracking sales are fully deductible. Phone and internet bills? Prorate the business portion—say, 50% if half your usage is for MLM calls and social media outreach.Travel is another goldmine. Attending conventions, training seminars, or meeting prospects? Deduct mileage (at the 2026 standard rate of about 65 cents per mile), airfare, lodging, and 50% of meals. Vehicle expenses can add up quickly in network marketing, where face-to-face connections drive growth. Just log your miles meticulously to avoid audits.Health and Retirement Perks for the Self-EmployedAs a solopreneur, you're on the hook for self-employment taxes (about 15.3% for Social Security and Medicare), but offsets abound. The self-employed health insurance deduction lets you subtract premiums for yourself, spouse, and dependents directly from adjusted gross income—potentially saving thousands if you're not on an employer's plan.Retirement planning shines too. Contribute to a SEP-IRA (up to 25% of net earnings) or Solo 401(k) (up to $69,000 in 2026, plus catch-up if over 50). These reduce taxable income while building wealth, far exceeding traditional IRA limits. In MLM, where income can fluctuate, these vehicles provide stability and tax-deferred growth.MLM-Specific Tax StrategiesInventory management in MLM offers deductions for cost of goods sold—purchase price minus ending inventory value. Training courses, online tools, and even home party supplies qualify as education or advertising expenses. If you're in direct sales, bad debt from unsold products might be writable off.However, beware pitfalls: The IRS scrutinizes MLM for hobby vs. business distinctions. Profit motive is key—show consistent effort through schedules, business plans, and separate bank accounts.Final Thoughts: Maximize with Professional HelpA home-based MLM business isn't just flexible; it's a tax-smart choice that can lower your effective rate and reinvest savings into growth. From home deductions to retirement boosts, these advantages empower network marketers like you to thrive. Peter, with your expertise in network leads, leveraging these could amplify your success. Start by tracking everything digitally for easy filing. Remember, tax laws change—partner with a tax advisor to ensure compliance and optimize benefits. Here's to building your empire, one deduction at a time! Ken Nielson also started a new website:https://poweryourprofits.com IF YOU NEED TO MAKE SOME MONEY BEFORE CHRISTMAS check these new sites out: https://itstime4wealth.com https://itstime4success.comJust a highlight from last week: Some great New news for Health brought to us by Ken Nielson: https://www.natureoflongevity.com/ — Douglas Mulhall https://www.natureoflongevity.com/restoringelasticinyourbody There are several ways to earn a monthly income with MLM ...
    Más Menos
    39 m
  • Hannah Alonzo Review of Young Living Cease and Desist YouTube Video take down

    Hannah Alonzo Review of Young Living Cease and Desist YouTube Video take down
    Jan 13 2026

    Hannah Alonzo received a Cease and Desist from Young Living it has been said. There was a video that Hannah Alonzo published on January 8th 2025 and disappeared on January 10th 2025. None of this has been verified, and this is a review based on the transcript from the You Tube video.

    The post Hannah Alonzo Review of Young Living Cease and Desist YouTube Video take down appeared first on Building Fortunes Radio Network.
    Más Menos
    13 m
  • Irvin Harris interviews Coach Bobby Okumu McCarron on Basketball in Zambia and US on Basketball Coach News with Peter Mingils

    Irvin Harris interviews Coach Bobby Okumu McCarron on Basketball in Zambia and US on Basketball Coach News with Peter Mingils
    Jan 12 2026
    Basketball Coach News features Basketball Coach Bobby Okuru McCarron with Coach Irvin Harris and Peter Mingils on Basketball and Business in African Countries and in the United States.

    Basketball Coach News on Building Fortunes Radio is hosted by Coach Irvin Harris and Peter Mingils on Monday at 5PM Eastern. On this show, Bobby Okumu McCarron shares how he stad in the United States and moved through Europe and Africa playing and coaching basketball.

    Learn more about Bobby Okumu McCarron's business on https://graniterockwealth.com

    Radio Show Hosted by Irvin Harris can also be found on
    BasketballCoach.news

    Peter Mingils and Irvin host this Basketball Coach news Radio show every Monday.
    Tune in for future shows.

    The post Irvin Harris interviews Coach Bobby Okumu McCarron on Basketball in Zambia and US on Basketball Coach News with Peter Mingils appeared first on Building Fortunes Radio Network.
    Más Menos
    53 m
  • Jean Luc And Peter Mingils on Trump Actions in Venezuela on Building Fortunes Radio

    Jean Luc And Peter Mingils on Trump Actions in Venezuela on Building Fortunes Radio
    Jan 10 2026
    Jean Luc and Peter Mingils talk about what is happening with the Kidnapping of President of Venezuela by Trump Military On January 3, 2026, the global political landscape was permanently altered by a daring and controversial U.S. military mission dubbed Operation Absolute Resolve.1 In a coordinated nighttime strike on Caracas, U.S. special operations forces—supported by over 150 aircraft—captured Venezuelan leader Nicolás Maduro and his wife, Cilia Flores. While the event occurred in early 2026, it was the culmination of a year-long escalation throughout 2025.3 Following the disputed 2024 elections, the U.S. administration progressively designated the Venezuelan state apparatus as a "narco-terrorist” entity, specifically targeting the Cartel de los Soles.4 This legal framing provided the foundation for what Venezuelan officials have denounced as a "kidnapping,” but which the U.S. justifies as a high-stakes law enforcement extraction.+1 The Operation and Its Context The capture followed months of high-tension maneuvers in the Caribbean.5 Throughout 2025, the U.S. conducted Operation Southern Spear, which included maritime strikes on alleged drug-trafficking vessels and a naval buildup that eventually saw the deployment of the USS Gerald R. Ford carrier group.6 By December 2025, the U.S. had effectively established a blockade on Venezuelan oil tankers.7+2 On the morning of the raid, U.S. forces targeted Maduro's residence and key military infrastructure to suppress air defenses.8 Within hours, Maduro was transported to the USS Iwo Jima and then to New York City to face federal charges of narco-terrorism and cocaine importation.9+1 Geopolitical Ramifications The ramifications of this "leadership decapitation” are vast and unpredictable: Regional Instability and Sovereignty: The operation has sparked a fierce debate over international law. Critics and legal scholars argue the raid violated the UN Charter and Venezuela's sovereignty, potentially setting a precedent for future "extraordinary extractions” of heads of state.10A Power Vacuum in Caracas: While Vice President Delcy Rodríguez was swiftly sworn in as acting president, the U.S. administration initially signaled an intent to "run” the country until a transition could be arranged.11 This creates a volatile situation where the existing Venezuelan government remains in place but lacks its figurehead, leading to potential internal fractures within "Madurismo.”The Global Energy Shift: President Trump has been explicit that access to Venezuela's massive oil reserves is a core motivation.12 The U.S. is already moving to "selectively roll back” sanctions to allow American oil companies to rebuild Venezuela's crumbling infrastructure.13 This could drastically shift global oil markets and reduce regional reliance on Russian or Chinese influence.+1Security and the "War on Drugs”: The U.S. argues that removing Maduro dismantles a primary hub for global cocaine trafficking.14 However, experts warn that without a stable successor government, the removal of a central authority could lead to "Mexicanization”—where smaller, more violent cartels fight for control of the now-vacant trafficking routes. Human and Diplomatic Impact Domestically, the impact on Venezuelans is mixed. While the Venezuelan diaspora in the U.S. and elsewhere celebrated the end of Maduro's long tenure, the civilian toll of the 2025 strikes and the January raid—estimated at dozens of casualties—has fueled anti-American sentiment within certain sectors of the country. Furthermore, the 2025 revocation of Temporary Protected Status (TPS) for over 600,000 Venezuelans in the U.S. has left many feeling like "political pawns” in a larger geopolitical game.15 As Nicolás Maduro awaits trial in a Manhattan federal court, the world watches to see if this move will bring the promised "peace and liberty” to Venezuela or if it will mire the United States in a prolonged and costly nation-building effort in the heart of South America. Always consider the new company Absolute Branding for bookkeeping accounting and marketing. Peter Mingils talks about the new company and services being offered by Jean Luc and Diane on previous Building Fortunes radio shows. Company name is:ABSOLUTE BRANDING Inc.Email: AbsoluteBrandingInc@gmx.comTel: 805.946.3122Services: Bookkeeping, Creation of corporate entities ( profit & non-profits) and Management by Statistics The New Youmongus Radio shows are on https://youmongusradio.com . There's an AM Radio and an FM Radio website now to add to the Youmongus Radio Network. https://youmongus.radio.am andhttps://youmongus.radio.fm The post Jean Luc And Peter Mingils on Trump Actions in Venezuela on Building Fortunes Radio appeared first on Building Fortunes Radio Network.
    Más Menos
    37 m
  • Patrick Seaton on Organizational Positioning Guide on Innovative Management Tools Radio Show with Peter Mingils

    Patrick Seaton on Organizational Positioning Guide on Innovative Management Tools Radio Show with Peter Mingils
    Jan 9 2026
    Organizational Positioning Guide by Patrick Seaton on Innovative Management Tools Building Fortunes Radio Show with Peter Mingils.

    Patrick Seaton covers his concept of an Organizational Positioning Guide. You will want to listen in with some note taking devices. Patrick Seaton talks about his Identity Custom Framework.

    He offers his checklist for those who reach out to him on Linked In.

    He also offers his 10 Day Free Trial on Ask Alex.

    The Innovative Management Tools Radio show segments on Building Fortunes Radio Show with Peter Mingils can be heard every week.

    Patrick Seaton previously rolled out his AI Project called "Ask Alex”.
    Dona Baker tested and gave high ratings and reviews on previous shows.

    Sign up for Ask Alex:
    https://courses.newgenerationselling.com/courses/askalex-10-day-free-trial-setup–4aea554e-1c78-4dcb-8c78-1ed2d0d336b7/salespage

    Peter Mingils adds some real life experiences and examples.
    To get more information, reach out to Patrick on Linked IN
    https://www.linkedin.com/in/patrickseaton

    Patrick's previous shows can be found on:
    https://buildingfortunesradio.com/imt/

    Each week Patrick Seaton shares his decades long knowledge and experiences. Patrick gives several stories and examples and even offers an opportunity to have access to his executive level training and coaching. Contact Patrick and tell him you heard him on Building Fortunes Radio. Patrick Seaton owns https://innovativemanagementtools.com

    The post Patrick Seaton on Organizational Positioning Guide on Innovative Management Tools Radio Show with Peter Mingils appeared first on Building Fortunes Radio Network.
    Más Menos
    1 h y 1 m
  • Ray Gebauer shares the 1st F in his UFO Success Formula with Peter Mingils on Building Fortunes Radio

    Ray Gebauer shares the 1st F in his UFO Success Formula with Peter Mingils on Building Fortunes Radio
    Jan 8 2026
    Ray Gebauer continues his UFO Success Formula with the first F of the UFO Formula on Building Fortunes Radio

    In this episode, this is the Building Fortunes Radio show where Ray Gebauer talks about the UFO Success Formula.

    Ray takes some time to expand on this UFO acronym to help people live a better life. He talks about the concept of Feelings and Frequencies. This is something you want to take notes on and share with others.

    You can hear Ray Gebauer on Youmongus Radio too!

    https://youmongusradio.com

    Also on the AM and FM sites:
    https://youmongus.radio.am and https://youmongus.radio.fm

    The post Ray Gebauer shares the 1st F in his UFO Success Formula with Peter Mingils on Building Fortunes Radio appeared first on Building Fortunes Radio Network.
    Más Menos
    38 m
  • Count on the Truth Radio host Ken Nielson on Logistics and Statistics with Peter Mingils

    Count on the Truth Radio host Ken Nielson on Logistics and Statistics with Peter Mingils
    Jan 7 2026
    Ken Nielson hosts this weekly Radio show where he talks about Logistics and Statistics within the MLM on Building Fortunes Radio Show with Peter Mingils.

    On this show, Ken Nielson blends in stories about Logistics and Statistics in business and in MLM for people interested in the home based business industry.

    IF YOU NEED TO MAKE SOME MONEY BEFORE CHRISTMAS check these new sites out:

    https://itstime4wealth.com

    https://itstime4success.com
    Just a highlight from last week: Some great New news for Health brought to us by Ken Nielson:
    https://www.natureoflongevity.com/ — Douglas Mulhall

    https://www.natureoflongevity.com/restoringelasticinyourbody

    There are several ways to earn a monthly income with MLM and Ken talks about the new movie that was made on the website:
    http://freedomteam1.com is a place to opt-in to form more information about Ken Nielson's system.

    This episode can be associated with last week's show about making $10K per month. Someone can spend the time and the efforts to earn between one and two million and invest it, or build a home based MLM business and build it to that level.

    MLM could be a vehicle for many to get ahead.
    Check out the website: https://homebusinessrating.com

    Ken has mentioned about AI and how to use it in this home based business.

    You can hear the recording for yourself on:
    https://homebusinessrating.com

    Ken Nielson, a successful home-based business owner, knows network marketing can still be one of the best ways for people to achieve personal health and financial stability.
    http://freedomteam1.com is a place to opt-in to form more information about Ken Nielson's system.

    Ken Nielson displays this and a lot of other information on his website https://countonthetruth.com

    The post Count on the Truth Radio host Ken Nielson on Logistics and Statistics with Peter Mingils appeared first on Building Fortunes Radio Network.
    Más Menos
    35 m
  • Stop The Amway Tool Scam Scott Johnson and You Tube Sarah Girl on her Feedback on Pam and Larry Winters video with Peter Mingils

    Stop The Amway Tool Scam Scott Johnson and You Tube Sarah Girl on her Feedback on Pam and Larry Winters video with Peter Mingils
    Jan 4 2026
    The Stop the Amway Tool Scam Radio show with Scott Johnson and Peter Mingils talk to returning guest Sarah Girl about the apology video done by Pam and Larry Winters.

    On this episode, Scott Johnson and the YouTube Content Creator Sarah Girl discuss her feedback on the Apology video made in 2025 by Pam and Larry Winters.

    In late 2025, Larry and Pam Winters, founders of Leadership Team Development (LTD)—a motivational and training system affiliated with Amway—released an apology video addressing an incident at the 2025 Amway Summit in Louisville, Kentucky.The core issue stemmed from statements made by the Winters on stage at the summit, where they allegedly provided inaccurate or misleading information in front of thousands of attendees. Critics, particularly in anti-MLM communities, described this as "lying” in violation of Amway's compliance rules, which govern how leaders communicate about the business, income potential, and operations to avoid hype or deception.Following the event, the Winters issued an initial apology, but it was reportedly distributed selectively—only to certain leaders or attendees, with instructions for them to share it "at their discretion” rather than sending it to all participants. This selective distribution was seen by some as another potential breach of Amway's rules on fair and transparent communication.The publicly released YouTube video (uploaded around November 15, 2025, titled something like "Amway Double Diamonds and LTD founders Larry & Pam Winters apology”) serves as their formal apology. In it, they express regret for the oversight, reaffirm their commitment to ethical leadership, and emphasize that attendees "deserve leadership who leads you well.” Observers, including on Reddit's r/antiMLM and anti-MLM sites, have described the apology as forced, scripted, insincere, or overly rehearsed, suggesting it was mandated by Amway to address compliance concerns.Note that some uploads of the video have faced copyright strikes from LTD, limiting availability. The incident fits into broader criticisms of Amway and LTD regarding motivational tools, event conduct, and adherence to rules designed to protect the company's legal standing. No evidence suggests the misdeeds involved personal misconduct like harassment; it centered on business communication and compliance.

    Sarah Girl's YouTube channel:
    https://www.youtube.com/@SarahGirl

    You can see more of what Scott Johnson has on https://www.facebook.com/stoptheamwaytoolscam

    The Amway tools scam is a hidden profit scheme within the Amway multi-level marketing (MLM) structure that exploits distributors, often leaving them with financial losses instead of the promised wealth. Amway, a well-known MLM company, markets health, beauty, and home products through independent business owners (IBOs). While the company emphasizes product sales, the real money for top-tier distributors, often at the Diamond level or above, comes from selling motivational "tools” like books, tapes, seminars, and rallies, not from product sales. These tools, promoted as essential for success, create a separate revenue stream that disproportionately benefits upline leaders while draining the profits of lower-level distributors.Distributors are pressured to purchase these overpriced tools, often costing hundreds or thousands annually, with promises of learning the secrets to building a lucrative Amway business. However, studies and lawsuits reveal that 99% of Amway distributors lose money, with average earnings below $100 monthly after expenses. The tools business, controlled by high-ranking distributors like Dexter Yager, generates millions for the elite, who earn significant markups on items like cassette tapes sold at rallies for up to $10,000 a night in cash. Meanwhile, new recruits face high startup costs—starter kits, training sessions, and product samples—further eroding their profits. This creates a pyramid-like structure where uplines profit from downlines' purchases, not retail sales, resembling an illegal scheme.

    The post Stop The Amway Tool Scam Scott Johnson and You Tube Sarah Girl on her Feedback on Pam and Larry Winters video with Peter Mingils appeared first on Building Fortunes Radio Network.
    Más Menos
    2 h y 7 m