Help for Business Owners

Help for Business Owners
Established as "the Official Link to the U.S. Government," Business.GOV
at www.business.gov is a unique
website for business owners. Operated by the Small Business Administration,
this website offers business owners information on how to find loans and
grants, start a home-based business, register a business name, search or
register a corporation, obtain a business license, get information on
employment laws, and bid on government contracts.
Within the loans and grants area, for example, business owners can search
for loans, grants, and financing using a checklist starting with the
business type. The user may then select the type of financing needed, e.g.,
working capital. He or she is then given a list of several loan programs to
review and pursue to obtain a working capital loan.
This website provides an avenue for business owners to locate financing
or other assistance to help survive the current economic situation.
Contact us at First Tax Solution

Tax And Accounting Services When You Need It.

Are you a working mom or dad? or a professional business person consistently on the go?
Do you regret tax season? Do you regret having to gather all your receipts for the entire year?

And gosh where in the world are all your receipts. In the sofa cushions, on the kitchen counter, in the junk drawer, on your desk under all the paperwork that has been laying there for 3 months.

In the ash tray in the car, in the console in the car, in the glove box or stuck in the visor of the car. How many have you washed because you forgot to take them out of your pockets before putting your clothes in the washing machine.

And you look at the calender and see Oh! no it is April 14, and you have not even thought about scheduling an appointment with a tax preparer to file your taxes.

Believe me when I tell you, been there done that and it is no picnic. But, there is a solution. First Tax Solution offers not only full accounting services but Tax Service When You Need It.

First Tax Solution offers Virtual Accounting, Virtual Bookkeeping and Virtual Tax Preparation, while you are in the comforts of your own home. You scan and up load your tax information in our secure on line client portals and walla your taxes are done.

Sarah Palin One Of Jay Leno's First 'Tonight Show' Guests

Well, hopefully we will get to see if she has a since of humor. We don't see that side of her out side of politics.
Read the Article at HuffingtonPost

Charitable Contributions Must Be Made to Qualified Organizations

Tax Payers Be Ware The Irs is cracking down on Charitable Contributions.
YOU MUST HAVE RECEIPTS, STATEMENTS AND DOCUMENTS TO SUPPORT YOUR DEDUCTION.

1. If your contribution entitles you to merchandise, goods, or services, including admission to a charity ball, banquet, theatrical performance, or sporting event, you can deduct only the amount that exceeds the fair market value of the benefit received.

2. For a contribution of cash, check, or other monetary gift (regardless of amount), you must maintain as a record of the contribution either a bank record or a written communication from the qualified organization containing the date and amount of the contribution and the name of the organization.

3. You generally can deduct the fair market value of any property you donate, as well as your cash contributions, to qualified organizations. See Publication 561, Determining the Value of Donated Property.

4. For any contribution of $250 or more (including contributions of cash or property), you must obtain and keep in your records a contemporaneous written acknowledgment from the qualified organization indicating the amount of the cash and a description of any property contributed, and whether the organization provided any goods or services in exchange for the gift.

5. One document from the qualified organization may satisfy both the written communication requirement for monetary gifts and the contemporaneous written acknowledgment requirement for all contributions of $250 or more.

6. You must fill out Form 8283, and attach it to your return, if your total deduction for all noncash contributions is more than $500.

7. If you claim a deduction for a contribution of noncash property worth $5,000 or less, you must fill out Form 8283, Section A. If you claim a deduction for a contribution of noncash property worth more than $5,000, you will need a qualified appraisal of the noncash property and must fill out Form 8283, Section B. If you claim a deduction for a contribution of noncash property worth more than $5,000,000, you will also need to attach the qualified appraisal to your return.

For more information contact us a http://firsttaxsolution.com

Obamas To Host Governors At White House Ball

Will someone explain to our President that this country is in a recession.

People are loosing everything, and the open check book he keeps writing checks from is over drawn, and the American Citizen Credit Card is trillions of dollars over it's limit. And Mom and Dad is telling him no you can not spend anymore because we can not afford it.



Please someone inform him.



Our President makes a comment do not go to Vegas instead may your mortgage, be responsible. Does that not apply to him?
Read the Article at HuffingtonPost

The New Poor: Millions Of Unemployed Face Years Without Jobs

continued from prior posts



Our government needs to control large American Corporations, like Wal Mart, Intuit, Sears, Levi and many many others.



By controlling the percentage of jobs that can outsource to other countries to less than 20% and control how much Foreign products that can import and sell in their businesses. Wal Mart for example imports products from other countries that are sold in Wal Mart American stores somewhere around 10 -15% of the total amount the entire United States Imports.



Which is billions of dollars of Foreign goods. Many other large Corporations are doing the same, just not the same amount. Please read http://wakeupwalmart.com/facts/



I am not totally sure how many jobs have been outsourced but I feel sure it is more than the 14.5 million Americans that our government is now saying is unemployed. And by this article this number will continue to rise. http://www.cfr.org/publication/7749/



I do realize that we need to do some trading with other countries, just to keep a good re pore with them.



But solutions are right in front of us. WE must take care of ourselves first, before we can help other countries.



The airlines have that part figured out. When the airline personal explains about cabin pressure, when the oxygen mask deploys put it on your face (the adult) first then help your children. Makes perfect since to me.



The United States of America First.

God Bless America



http://firsttaxsolution.com
Read the Article at HuffingtonPost

The New Poor: Millions Of Unemployed Face Years Without Jobs

First, we need to pray for our country, our government, for each other and our selves. Pray to your God for guidance, and for solutions.



We live in the greatest country in the world. Thank God for that. And we Americans will get through this. We need to work together and to stick together.



Next there are solutions for job creation. First if we just bring back 40% of the jobs that we have out sourced to other countries our unemployment would be less than 4%. We have lost 2.7 million manufacturing jobs to Mexico alone. There are over 4 millions jobs in India and other Foreign countries like, computers, technology, phone support, technical assistance etc. Automotive manufacturing. Something like 3.7 million jobs lost in the USA.



The rest above.

firsttaxsolution.comn.com
Read the Article at HuffingtonPost