Things you must have done before you Die

To think about your own death is often viewed negatively. This is because people always evade the truth that sooner or later, their life will come to an end. The sooner you come...

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What are the Key Components of Performance Bond Wording?

If you’re an employer that hires contractors, it’s highly advisable to secure a performance bond, which will serve as a third-party guarantor to cover the costs of damages if the...

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The Difference between Accounting and Bookkeeping

When we hear about accounting and bookkeeping, it sometimes confuses us because we are not fully aware about their differences. There are some who knows that they are the same...

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What are the differences Between Factoring and Invoice Discounting?

Nowadays, there are more businesses that are starting to rise and make their own name according to the nature of their businesses. Many people are investing their savings into...

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Keeping Calm with IRS Tax Debt

Posted by on Nov 9, 2016 in Uncategorized

The IRS can file a federal tax lien, whenever a tax payer has a delinquent debt. However, they do not generally file a lien unless the debt is substantial and over twenty five thousand dollars. At that level, the IRS almost always files a tax lien. They will also regularly file a tax lien if the taxpayer owes less than that amount and gets the IRS to agree the taxpayer is in ‘not collectible status’. Not collectible status is when a taxpayer can show that their income is insufficient to pay anything on the tax debt, after only basic needs are taken care of.

In this status, the IRS agrees to cease all collection efforts, leaving wages and bank accounts free from tax levies, usually for a period of one year which 1is great. The not so good part is that it is accompanied by a federal tax lien. Many people think these are filed against property, but that is not the case. The lien is personally filed against the taxpayer, which will appear on a person’s credit report in the public records area. The lien will remain there until the tax debt is paid in full or is settled for less than is owed through an offer in compromise.

The IRS collection process is something that some people could find pretty scary if they haven’t filed the appropriate taxes. It can be the case that the first time a taxpayer realises that they owe the IRS at all is when a Notice of Intent to Levy is received. A Notice of Intent to Levy is a written warning that is mailed to the taxpayer, alerting the taxpayer that the IRS is attempting to collect on a tax debt. Notices of Intent to Levy can come with a ten or thirty day warning period, giving the taxpayer time to take action to protect themselves. Notice of Intent to Levy should never ever be ignored.

A threatened levy can be stopped, if the taxpayer takes the proper action. Generally, stopping a levy requires that all tax returns are filed up to date. Also, a threatened levy will be stopped if the taxpayer pays the debt in full, contacts the IRS and makes payment arrangements, or can prove to the IRS that they are in financial hardship and lacks the ability to make a payment on the tax debt. Seeking advice from companies such as platinumtaxdefenders.com is so important here as it can make all the difference between burying your head in the sand or getting yourself straightened out with the IRS. To prove financial hardship, the tax payer must submit a financial disclosure to the IRS and meet their criteria for financial hardship. It is important to remember that the IRS’ definition of financial hardship is usually far narrower than the taxpayer’s definition. If you can afford treats, holidays and takeaways you’re not considered in hardship so make a note of that!

 

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Keeping Calm with IRS Tax Debt

Posted by on Nov 9, 2016 in Uncategorized

The IRS can file a federal tax lien, whenever a tax payer has a delinquent debt. However, they do not generally file a lien unless the debt is substantial and over twenty five thousand dollars. At that level, the IRS almost always files a tax lien. They will also regularly file a tax lien if the taxpayer owes less than that amount and gets the IRS to agree the taxpayer is in ‘not collectible status’. Not collectible status is when a taxpayer can show that their income is insufficient to pay anything on the tax debt, after only basic needs are taken care of.

In this status, the IRS agrees to cease all collection efforts, leaving wages and bank accounts free from tax levies, usually for a period of one year which is great. The not so good part is that it is accompanied by a federal tax lien. Many people think these are filed against property, but that is not the case. The lien is personally filed against the taxpayer, which will appear on a person’s credit report in the public records area. The lien will remain there 8until the tax debt is paid in full or is settled for less than is owed through an offer in compromise.

The IRS collection process is something that some people could find pretty scary if they haven’t filed the appropriate taxes. It can be the case that the first time a taxpayer realises that they owe the IRS at all is when a Notice of Intent to Levy is received. A Notice of Intent to Levy is a written warning that is mailed to the taxpayer, alerting the taxpayer that the IRS is attempting to collect on a tax debt. Notices of Intent to Levy can come with a ten or thirty day warning period, giving the taxpayer time to take action to protect themselves. Notice of Intent to Levy should never ever be ignored.

A threatened levy can be stopped, if the taxpayer takes the proper action. Generally, stopping a levy requires that all tax returns are filed up to date. Also, a threatened levy will be stopped if the taxpayer pays the debt in full, contacts the IRS and makes payment arrangements, or can prove to the IRS that they are in financial hardship and lacks the ability to make a payment on the tax debt. Seeking advice from companies such as platinumtaxdefenders.com is so important here as it can make all the difference between burying your head in the sand or getting yourself straightened out with the IRS. To prove financial hardship, the tax payer must submit a financial disclosure to the IRS and meet their criteria for financial hardship. It is important to remember that the IRS’ definition of financial hardship is usually far narrower than the taxpayer’s definition. If you can afford treats, holidays and takeaways you’re not considered in hardship so make a note of that!

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More Helpful Tips for Leasing Automobiles

Posted by on Nov 8, 2016 in Financial Jobs

How can you lease the right car or van? There are many different leaders to choose from including  discounted-new-cars.com. The key is to know which steps to take to get the best results. Here are some helpful tips:

  1. Read the fine print

It’s important to read all the details related to leasing a car or truck from a particular company before you sign on the dotted line. It’s important to make sure you know everything that’s required of you and the leader.

Leaders usually offer a list of terms & conditions for leasing. You can usually find that on the website, although the company might also offer the information upon request. What’s important is to know all the details involved if you lease a car/van from a company, so you’ll know what to expect. Without taking this step, you could have some surprises later that you don’t want to deal with. That’s likely a situation you’ll want to avoid.

  1. Weigh leasing’s pros and cons

Leasing a vehicle has pros and cons, which you should consider before deciding whether or not to lease with a certain company. There are many times when leasing is the best option for you, but it’s important to get all the facts and do some thinking before you make your decision.

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  1. Do your homework

This is one of the most important steps to take before leasing a vehicle such as at *** discounted-new-cars.com. What’s your price range? Which make and model do you prefer? What features are the most important for your needs?

These are some very important questions to ask before you start looking for a car or van to lease. It’s important to consider these issues, so you have the best solution. Make sure to do such research to make you’re choosing the right car or truck for your needs.

This is especially true if you’re not a car expert. In that case, it’s more important than ever to make sure you’re choosing an automobile that’s right for your needs. It will help you to make the best regarding the vehicle that’s perfect for your particular needs.

  1. Research a company

Before you decide to go with a particular company, make sure to do some research to figure out if it’s the right company to deal with. In particular, read some reviews to get the consensus that past customers have had.

There might be 1 or 2 unhappy customers. What’s most important is to figure out if most of the company’s past customers were satisfied doing business with it. If that’s the case, then you’ll likely have a good experience.

  1. Try to negotiate

Sometimes auto leasers won’t be willing to budget on leasing prices. On the other hand, others will allow you to do that. When negotiating, make sure you’re making a realistic offering based on industry standards. This will give you a better chance at landing the price you want when leasing a particular car or truck.

These tips can help you to lease the right car or van also check discounted-new-cars.com.

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Getting the Best Van Deals for a Used Unit

Posted by on Oct 27, 2016 in Financial Constraints

Just because you are planning on buying a van does not mean that you have to get a new one. There are a lot of people who have successfully secured some excellent van deals not with a new unit, but with a used one. You can do the same thing, but just make sure that you know what you are getting into. Perhaps, get few ideas from discounted-new-cars.com.

Remember that unlike new vans that are fresh straight out of the factory used vans are not. They are not backed by extensive warranty as well. It is expected that they would have already travelled some thousands of miles before for several numbers of years as well. This is why you need to know exactly what you must look for you to find one that would still be worth whatever price it is going to be offered to you at.

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Check the unit’s bodywork. Watch out for rust as this is one of the most obvious signs that you are looking at a very battered unit. Check out if they are present on the sills, the below bumpers, as well as on the wings. See if they are ever present in the frames of the door, the arches along the wheels, as well as the windscreen corners. If there is rust, make a gentle press on it. If there is cracking, then there is a good chance that the inside of the unit is corroded.

Check the suspension. Check on the state of the shock absorber of the van. If you push each of the corners of the vehicle and you find that it bounces once and then gets back to its normal state, then this is a good indication that the shock absorbers of the unit are just fine. Of you want to be sure, test driving is always going to help you confirm, these findings.

Check on the van’s lights. This is necessary since the lights can also be considered good indicators of the overall electrical health of the unit. It is not always a good sign if you find the light oddly flicker or if they tend to dim. Be wary of purchasing a van that has brake lights, indicators, interior lights, headlights, and fog lights that do not seem to be working fine.

Be sure to consider the state of the air conditioning as well. If it has one, then it is very important that it is in the best working condition and that it is working properly as well. Make sure that the fans are operating on all its speeds and that the compressor is not too noisy. Make sure that you do the same checks to the heaters of the vehicle as well.

Make sure to check the state of the brakes as well. When you take the vehicle on the road, find a straight piece of road that is safe where you can get the brakes tested out. This is going to help make it easier for you to determine if they have a solid feel and if it will allow you to stop along a straight line. Also, be wary for any squealing or grinding sounds, so you are sure that this is one unit that is still very much in the best working condition. To know more, you can visit discounted-new-cars.com.

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