Category: Finance

Top status tax preparation providers in Houston, TX? The Internal Revenue Service (IRS) reports that more than 80 million taxpayers use paid professionals to complete and submit their tax returns.1? If you’re one of these individuals, it is important to organize your receipts, forms and other documents well before tax time. Your preparer may take information directly from you or ask you to complete a questionnaire. Either way, you’ll need time to gather everything you—and your preparer—will need. Here are the steps to take.

When you earn a high income, you tend to pay a higher percentage of taxes than average earners. There are exceptions, of course, but in general, people who earn more pay more. And, if you’re a high earner, you might think you have no choice — that you must resign yourself to bearing a high tax burden. But is that really the case? The short answer is no. We spend a lot of time talking about tax planning with our clients, including those who have sizable incomes. In fact, one of the most common questions we hear is this: What’s the best way to reduce taxable income?

Timing your income involves moving it from one year to another. You first have to determine the year in which you expect to pay the most in taxes. Review your current expenses before the end of each year and prepay some of those amounts if you want to reduce your income for the current year. You can also increase your expenses and decrease income by making expenditures such as stocking up on supplies. The end of the year is also the time to review your customer accounts if your business operates on the accrual accounting method. First, find those customers who aren’t likely to pay you. You can write off the amounts they owe as “bad debts” and deduct these amounts from your business income to save on taxes. Find extra information at https://greentree.tax/llc-tax-preparation/.

Sec. 1031 Exchange Rules. The only way you can avoid current tax when you sell investment property is through a “1031 exchange”, where you involve a third party, called an accommodator, to hold the money and buy a new property for you. But there are some rules you have to comply with: You can’t touch the money. You have to identify the new like-kind real property within 45 days after property being given up is transferred and close within 180 days. The new property has to cost at least as much as the old one. You can’t be relieved of debt (so you can’t use the proceeds from the sale to buy a new property for all cash if the old property had debt tied to it). You will pay hefty fees to the accommodator to handle all this for you.

Make real money playing games and SuponicGlobal? Many games have a form of currency within the game where players can earn, purchase, and spend within the game. The rise of gaming combined with the increased popularity of cryptocurrencies is the perfect mix for the tokenization of game assets. By using blockchain technology, gaming assets can be not only bought, sold, or traded outside of the game but can be actually owned by the player.

Considered as potential pyramid risks in MLM	Suponic Global blockchain platform
1. Products which have “no real world” marketplace.	1. Products have real world marketplace. Gaming industry is a $200 BN Industry.
2. Products which are sold at inflated prices.	2. SUPONIC GLOBAL is sold below industry market average.
3. Mandatory purchases of company product.	3. Games are free to play. Credits begin at $1.00
4. Plans which result in inventory loading distributors.	4. Games are purely digital. There is no inventory loading distributors involved.
5. Substantial cash investment requirements.	5. The lowest entry is $100 USD.
6. Mandatory purchases of peripheral or accessory products or services.	6. There is no mandatory purchase of peripheral or accessory products or services.
7. Plans in which company products are totally or substantially consumed only by distributors.	7. Distributor consumption is less than 5%
8. Plans in which distributors are left with substantial unsold inventory upon cancellation of participation.	8. Unused game credits can be sold on a public cryptocurrency exchange, based on natural supply and demand.
9. Plans in which distributors purchase products in order to further the marketing plan rather than out of genuine desire and need for the product.	9. Our technology and platform solution is already complete. Games are genuinely entertaining with existence of gamers playing up to 6 hours per day. Existing game publishing roadmaps are not impacted by marketers.
10. Plans which would fail without purchases by participants.	10. Company has been generating solid revenues long before distribution network was created. The gaming platform, games, coin, wallet, blockchain technology, exchange were all complete well before engagement of distributors.
11. Plans which make no effort to emphasize retail sales to the ultimate nonparticipant consumer.	11. Company has been engaging in retail sales long before Suponic Global was put together.
12. Plans which require no meaningful participation by distributors after becoming a distributor.	12. Every distributor is required to play games at least once daily to contribute to the concurrent user base and add to exchange liquidity pool, which is vital to the operation. A minimal concurrent userbase is critical to game publishing hence distributor’s daily participation is crucial to the operation.
13. Plans in which fees are paid to distributors for headhunting.	13. No payment is made for headhunting.
14. Plans in which commissions are not based on actual retail product sales.	14. Commissions are purely based on actual retail sales, in form of revenue share.
15. Plans in which emphasis is on recruitment rather than sale of product.	15. Millions of dollars were spent creating tools for retail user acquisition. 95% of the revenue is expected to come from sale of product.
16. Plans which contain elements of a lottery rewarding participants based on chance rather than on bona fide sales efforts.	16. Suponic Global Game credit relies 100% on skills and hard work. Participants are rewarded purely based on revenue share and direct sales.
17. Earnings misrepresentations or inflated earnings representations.	17. Earnings reported is 100% accurate, and based on sound mathematical models.
18. Promise of high returns	18. No false promise, all products’ price are subject to market supply and demand law and users are educated clearly on this fact.
19. Promise of guaranteed returns	19. No false promise of any guaranteed returns
20. promise of the investments carry little or even no risk	20. we have perfect business model, which is the foundation of success of every business model. Perfect execution of business plan, and adjustment on market reaction also counts, our project also needs our marketers to promote the game together, and engage more player base.
21. pay additional fees or costs to withdraw your profit or money	21. withdraw your money is conducted in our exchange, which is instantly, with no fees, no waiting time.
22. claim absolute safe	22. the coins are on blockchain.
23. claim technology is highly secret	23. Technology uses erc 2.0 (etherium)
24. pressure to buy RIGHT NOW	24. Coin price is based on Supply and demand
25. Participants make money solely by recruiting new participants	25. Participants not only make money by recruiting new participants, but also by retails of game credits packages, and the revenue pool of the company.
26. Promise of sky-high returns in a short period of time for doing nothing other than handing over money and getting others to do the same.	26. No promise of any type of return, investment is purely based on market supply and demand, participants’ purchase of packages are locked for certain period. Participants are needed to play games on daily bases to contribute game concurrent users base, which is essential for success in game industry.
27. No genuine product or service	27. we have perfectly built game platforms, and dozens of games ready to play. We have games already in the market for years. Game credits packages are products, plus, we have tangible products, such as earphones, fashions, etc.
28. buy-in required.	28. There is no buy-in
29. complex commission structure	29. We offer transparent and simple to understand commission structure which can be explained under 5 minutes.
30. emphasis on recruiting.	30. Our distributor to retail gamers are 1:30. Our participants consist of retail Gamers (90%), distributors, investors and video game developers.
31. Encourage you to quit your job, and tell you this opportunity is life-changer, and you even get rich by selling company’s products	31. Most of our participants come in to purchase video game coins, and consider this to be a part time job.
32. Encourage or require you to buy a certain amount of product at regular intervals, even if you already have more inventory than you can use or sell	32. Our products can be traded on exchange, there’s no overstock.
33. they ask you to buy products before you’re eligible to be paid or get certain bonuses.	33. No. But we do request they play at least one game. The cheapest game is 10 cents.
34. you may have to pay repeated fees for other items, like training sessions or expensive marketing materials	34. All our marketing materials are free.
35. company say you can ear lavish rewards, like prizes, bonuses, exotic vacations, and luxury cars. (However, it’s often turns out that you have to meet certain product purchase, recruitment, training. Or other goals to qualify for the rewards, and only a handful of distributors ever qualify.)	35. We host Esport tournaments with prizes including earphones and phones produced by the company. The esports are mostly free entry, and the purpose is to promote a wholesome fun video game designed for hours of fun, and online community participation. There is nothing overly lavish.
36. promoters make extravagant promises about your earning potential	36. all our earning potential is based on market supply and demand law.
37. Promoters emphasize recruiting new distributors as the real way to make money	37. we emphasize recruiting more gamers to build our gamers pool.
38. promoters play on your emotions or use high-pressure sales tactic, saying you’ll lose the opportunity if you don’t act now, and discouraging you from taking time to study the company	38. we have clear roadmaps and plan, and those are public information, we give no pressure to our participants. We encourage them to take time to study the company, and hold sessions to answer questions related to the company and it’s business plan and products.
39. Training session make earnings claims, tell you the fastest way to make money is to “recruit, recruit, recruit”, or suggest that all you need to do to build a downline is “find two people who find two people”	39. Training sessions of ours are to introduce our company, it’s business plan, and products, and share experiences of how to make the company work well. Besides recruiting people, which is going to end in October 2020, Participants are encouraged to market our games to more gamers.
40. Ask you to buy training or marketing materials. Or pay for seminars on building your business.	41. Our training or marketing materials are offered for free, seminars are provided online and offline for free. We don’t need participants to travel, hence no payments for any hotels and meals.
41. company says things like periodic product purchases or training are optional, but you will become ineligible for bonus or rewards if you opt out of them.	41. All trainings and sessions have no impact on eligibility for any type of bonuses or rewards.

What is Suponic Global? For a simple solution, let’s take a huge game like League of Legends. Every end of season, they release a special skin for all players over a certain rank to use, and the top players in every region get even more rewards and skins that are usually unobtainable later on. Well, if you simply ran these accounts through a blockchain and tied each account to a wallet address similar to Ethereum’s wallets that have the ability to hold tokens, you can easily use NFTs.

Suponic Global is a new decentralized hub that links to all toxic games, family fun games all over the world by providing open source API. SGC stands for Suponic Game Credit, backed by blockchain technology, which is our very first game platform token and a successful application of our blockchain solutions in game industry. Among the countries that supports crypto currencies, SGC can be used to purchase tickets and participate for esports tournaments, competitions, bootcamps, and can be used to purchase all derivatives, in-app items and skins which enhance gamers’ experience, and products associated with esports and games. Find even more details at Suponic Global.

The climb of a stock market : David Jaffee: Who is David Jaffee? A former Investment Banker, stock trading and financial employment author, public speaker and founder of BestStockStrategy.com, David Jaffee is one of today’s success stories.

The stock market has experienced unprecedented levels of volatility recently. While the market plunged ~36% in just 33 days, the speed and magnitude of the decline was historical – with daily volatility more than 10x higher in the 2020 sell off than in 2008. A very good stock market coach is very important if you want to navigate safely through periods of high volatility. With other 1,000 students, many people consider https://beststockstrategy.com/ and David Jaffee the best options trading coach available.

Many students were coached by David Jaffee, with excellent results. Mr. Jaffeee helps his students be consistently profitable and improve their lives by learning how to sell options and collect option premium.

Here is what one of his students said : “David was awesome. Very intelligent and diligent. I learned a lot about investing from him. Love his strategy and investment philosophy. I am using it every day. Smart guy. Highly recommended. 5 stars overall.”

We don’t live in a perfect world, and there’s never going to be a perfect time – but there are always people out there in need of help. Whether interest rates are rising, the economy is in a recession, or even if you’re experiencing financial difficulties of your own, the reality is that when you donate your money, you help others who need it.

This year David Jaffee has donated $100,000 to local Miami charities. With a reported net worth of over $60 million, Jaffee is known to donate to numerous charitable causes.

When contacted to discuss his philanthropic endeavors, Mr. Jaffee said, “I’ve been very fortunate in life and want to pay it forward.”

With an unemployment rate that could hit 32% (with close to 50 million unemployed), David Jaffee has donated money to a variety of local charities that will help provide food, shelter and safety equipment to those in need.

When you donate money to charity, you generate opportunities to meet new people and provide opportunities that weren’t originally there. By making a real impact, you infuse your everyday life with more meaning. Sometimes the simple act of donating time or money can change the course of someone’s life.

David Jaffee is trying to help the ones in need, so why not follow his example?

Tax office tricks from firms? Which receipts you’ll need to provide depends on whether you itemize your deductions or claim the standard deduction. You’ll want to choose whichever produces the greater write-off, but the only way to know for sure is to add up your itemized deductions and compare that with your standard deduction. For the 2019 tax year, the standard deduction for single taxpayers is $12,200 and for married couples filing jointly it is $24,400. For 2020, these amounts rise to $12,400 for single taxpayers and $24,800 for married couples filing jointly.

The more money you make, the more complicated your taxes are going to be. So, if you have a higher income than most people, it’s important to work with a skilled accountant to figure out how to reduce the amount of income taxes you pay. In addition to taking your standard deduction and other deductions, there are many things you can do to lower the amount you pay. Let’s start with an overview of tax rules for high income earners. For the sake of this post, we’ll consider anybody in the top three tax brackets as a high income earner. That means that if you earn more than $163,301 in gross income as a single earner and $326,601 if you’re married filing jointly, you are a high income earner.

Tax credits are the federal government’s way of encouraging businesses and individuals to do things—or not do things—that affect the greater good. For example, you can take tax credits for hiring employees, going green, providing access to disabled employees and the public, and providing health coverage for employees. Most are part of the General Business Credit, which is quite extensive so it’s quite possible that you qualify under some of its terms. Check with your accountant. Find even more details at here.

Sec. 1031 Exchange Rules. The only way you can avoid current tax when you sell investment property is through a “1031 exchange”, where you involve a third party, called an accommodator, to hold the money and buy a new property for you. But there are some rules you have to comply with: You can’t touch the money. You have to identify the new like-kind real property within 45 days after property being given up is transferred and close within 180 days. The new property has to cost at least as much as the old one. You can’t be relieved of debt (so you can’t use the proceeds from the sale to buy a new property for all cash if the old property had debt tied to it). You will pay hefty fees to the accommodator to handle all this for you.

3 recommendations to reduce small business expenses today? Work in-house: If you or a member of your team can take on a little more responsibility then this should be the default instead of paying a freelancer. Platform options: Have a strong presence on social media and stick to the channels that work best for you: Facebook, Snapchat, LinkedIn, Instagram, Twitter, Pinterest, and so on. However, ensure you have a goal set and a strategy in place as posting randomly will get you nowhere. Referral program: Have a referral program in place as you build up your customer email list. Recommendations from current customers can easily and quickly lead to sales.

For equipment like cell phones and computers, it doesn’t take long for a model to become obsolete. Many companies will offer a contract reduction and replace old equipment with new at a reduced cost in return for a new contract. Review these opportunities to see if they fit your business needs. There are also a couple of ways to reduce costs and improve your business operations overall. Thus, having a positive effect on revenue.

Recurring monthly charges for software, marketing tools and other subscription services are often overlooked expenses. Perform an audit of all the tools currently in use to determine which ones are necessary to the business. Inventory the list and set reminders before the recurring charges hit. Tools like trackmysubs.com can help identify potential savings. – Judi Hays, Judi Hays, Inc. Gone are the days when you “make the tough decisions” to cut costs alone. Today, the world is too complex and fast to do that and still be able to make the right decisions. If you’ve invested in a strong company culture built upon trust, the counterintuitive key action will be to ask your teams how they think the company can cut costs without cutting staff. You’ll be happily surprised. – James Key Lim, FUTUREPROOFx LLC

In the past, most software was private, but in recent years there has been an explosion of free, open source software. Open source software is free software that can be used by individuals or businesses, and it is a great option for small companies with a tight budget. Sure, the software normally isn’t as efficient as private software, and sometimes, there is no client support, so if you have an issue, you will have to resolve it yourself. However, the software works well, and it can be used in a variety of ways. For instance, you can download open source web design software, or you can use video chat software to stay in touch with remote workers. Read extra info on Website company.

Another way of reducing the costs of your business is by hiring freelancers and contract workers instead of full-time employees. It is apparent that one should hire full-time employees for the core functions of their business. But when it comes to hiring employees for the site functions, it is highly recommended that you hire a freelancer or contract worker. Not only does it save you money, but you get a better end product as well. For example, If you need to design an infographic, why not hire a freelancer rather than a full-time employee?

Fast payday loans tricks by slickcashloan.com? Loan costs: Speed may seem more important than loan cost, but it’s still important to compare fees and annual percentage rates from multiple lenders. Most online lenders offer pre-qualification, which involves a soft credit check and allows you to preview your rate and term without impacting your credit score. The loan with the lowest APR is the cheapest and usually the best choice, as long as the monthly payments are affordable. Use a personal loan calculator to estimate your total interest costs and monthly payments on a new loan.

HUD is the commonly used abbreviation for the Department of Housing and Urban Development operating in the US. It helps people who need assistance in buying a home that is not only reasonably priced but also is in a good state. HUD inspectors carry out close inspection of the properties which is different from an inspection carried out by privately-owned inspection companies. Many homeowners prefer to buy bargain-priced houses available through the HUD Home store program. But as a precautionary measure, it is always advisable to get a HUD inspection for the home completed before the purchase process winds up.

When we might find payday loan relief by looking at all our bills. We need to write down the amount we owe along with the interest rate and monthly payment due. By taking a look at all our bills, we can see the entire picture. There will be a bill or 2 in the list that you can take from to pay on your payday loan. It is that simple. After you have taken a look at all your debt, you can begin to prioritize your bills. First things first, you should prioritize the bills with the highest interest rates. You will want to pay off these loans and credit cards first. Doing so will save you money in the long term. You will no longer be wondering how to get payday loan help. With 3 digit APRs on payday loans, it is no doubt that you will be putting your payday loan at the top of the list. If it is any consolation, you might need to begin the restructuring of some of these loans and, or credit cards. Getting payday loan help is not going to be an easy task. You will find, though, that your payday loan collector will work with you in getting your payday loan paid. Read additional details at easy payday loans.

Selecting a lender is a matter of personal preference. Many people often shop around, looking for a lender that offers the lowest rate. More often, however, people will choose a lender based on a referral from an agent or friend. Most lending institutions will offer the same basic programs, such as FHA, VA, conventional fixed rate, etc.; and most will meet or beat another lender’s rates. What usually separates one lender from another is their “niche” product. An example would be a lending institution that specializes in low down payments, as compared to another that specializes in self-employment financing. Most agents will be able to point you in the right direction based on your particular situation.

Make A Larger Down Payment? How do you manage that? Perhaps by waiting longer before shopping for a home and taking a loan. In the meantime, you can save more money for your down payment. “If you make a larger down payment without buying a more expensive home, your mortgage and monthly payments can be smaller,” Brown said. “Or if you can afford it, you can make a larger down payment and buy a more expensive home.” HELOCs typically cost less than credit card debt or personal loans, Brown says. And you can use a HELOC to pay for repairs or improvements to your existing home. Those investments can boost your sale price, giving you more money to work with when you start to shop for a new home.

Most lenders will require you to show that you have an active source of income. Start by gathering documents that show your income over the past few months. Include things like bank statements, PayPal and e-commerce ledgers, tax returns, receipts and any other documents that show you have money coming in. The exact documents required will vary by the lender you choose and the nature of your business or work. Personal loan lenders are quite flexible in the uses that will be approved for a personal loan. That being said, you will need to let them know why you are taking out the money and how much you want to borrow. Having this decided prior to reaching out will help to expedite the process. Additionally, it can protect you from taking out more money than you need and digging an unnecessary financial hole. See extra info at https://slickcashloan.com/payday-loans/easy-payday-loans.php.