The Small Business Tax Help Blog

Archive for July, 2010

Question: Can I get a car loan with my financial situation?

I’ve recently just paid off a previous car note and I feel the experience went pretty well, I was generally on time with all my payments, but unfortunately my credit history wasn’t documented because it was a “buy here pay here” type of deal. My credit score is pretty decent, but I know the rates I want won’t be as good(credit score b/t 660-670 Equifax). I have student loans and two credit card accounts on my credit report, no negative accounts, but I do have public accounts that SHOULD be in the process of being removed because of false information. I’ve been at my job for close to five years. My income, I feel, is enough to make $200-$350 payments per month, plus I earn funds from school to assist with other obligations. I also have a reasonable down payment saved up. So with all this info considered, do you think I’ll be approved for a car loan of about $15K, If I apply for one? And, do dealerships consider school loans and/or grants apart of income? Thanx for your answers.

Answer: the short answer is yes – if you have a down payment. If you try to hit 0 down it will be difficult. Be ready for a less-than-great interest rate as well.

BHPH lots do a disservice to people like you. You made all the payments, and it did nothing for yor credit score.

Good Luck

Employment Report In Depth

Overall, the government employed 208,000 fewer people in June than May, so net of Census, government employment rose by 17,000.

Burning Down The House: What Caused Our Economic Crisis?

TRIAL BLOG: Memphis man accused of dismembering girlfriend (Day 5)

Action News 5 is blogging the trial of James Hawkins, a Memphis man charged with first degree murder in the death of his live-in girlfriend, Charlene Gaither.

Tennessee Pass & the Royal Gorge Route-Preview

Question: What should you put down on your resume if you sold on eBay full time for 4 years but didn’t files taxes?

I sold on eBay and had my own website full time from 2001 to 2005. I only filed taxes for 2005 when I made a profit. I did apply for an EIN# with the IRS, but did not file for a state or local business license. I have worked a “normal” job since 2006 and my employers didn’t care about my previous business.

Now I have been offered a chance to apply for a position at a major bank and the lack of taxes filed and a business license can deter them from hiring me.

Should I put down on my resume that I was out of the country — working in Europe/Ireland — instead of stating I did eBay full time? It’s not completely dishonest. I did spend a lot of time in Ireland between 2001 and 2005 and worked when I was younger at my cousin’s restaurant there.

NO SPAM PLEASE.

Answer: Tell the truth, that you sold on ebay for four years and committed tax evasion. Your tax liability is based on personal income, not profitability.

Um ein Double Dip zu verhindern, ignoriere Nouriel Roubini

Wenn das mal nicht eine effektive Sichtweise ist … Economist of the moment Nouriel Roubini continues to profit from the attention that has resulted from his alleged prediction of the 2008 financial crisis.

Freaky Friday – Ein voll verrückter Freitag Deutsch Part 2

07.09.2010 – DJ IRW-PRESS: ANDOVER VENTURES INC.: Fundamental Research Corp.: Andover Ventures Inc. (TSXV: AOX …

Taeglich aktuelle Nachrichten, Berichte, Analysen und Interviews zu aktuellen Themen an der Boerse mit Schwerpunkt deutsche Aktien.

Ein Prosit

Question: How do you get your EIN number if the people who did your…?

taxes the past few years have lost all records on you and you have a large storage bin and can’t locate your old papers and cannot answer all the questions on the 800 irs helpline?

Answer: Your customer has it, or if you have any employers they can give it to u! However the IRS can give it to you, 800-829-1040 just speak with acutal person not automatic stuff; but if you’ve been doing this for years, why don’t u know it by now.

Unanswered questions about plans for military memorial

NEWS 8 INVESTIGATES KENNEDALE — Questions are swirling around a $50 million project in Kennedale to honor veterans who have died since the September 11 terrorist attacks. The Texas Attorney General is looking into documentation behind the United States Fallen Heroes Foundation. What exactly is the United States Fallen Heroes Foundation? Why does its founder use two names? And is it a tax-exempt …

RickRoll’D