The Small Business Tax Help Blog

Posts Tagged ‘earned income tax’

Question: What the heck else CAN be done for ‘poor’ or ‘disadvantaged’ people?

taxpayers have already provided:

Affirmative action
College loans & grants
Lower requirements for school entrance qualifications
Lower requirements for local and other govt jobs qualifications
AFDC
WIC
Food Stamps
Medicaid
Medicare
Schip
Community volunteer programs
Religious community programs
Free/reduced cost medicine from the manufactuers
Jobs training
Jobs interviewing skills training
Free language translation services
Thrift shops
Section 8/Public housing
On-call medical care at hospitals
Local free clinics
Local govt. funded health care clinics
Free vaccinations
Free school
Free transportation to school
Free babysitting programs
Free pre-school/nursery schools
Free drug rehab/alcohol programs
Free court-appointed attorney
Earned Income Credit payments
No income taxes

what have i left off this list? when is enough, enough already?
Free school breakfast/lunches

Answer: Nothing.

The poor are poor because they consistently make choices that make them poor.

I am not judging them or blaming them or saying they are wrong. I’m not saying they want to be poor. They may not even be aware that they are poor because of their choices. I am just stating the objective fact that it is their choices that make them poor.

If you give a poor man $1,000 to buy groceries for his family and pay off some bills, he will only stop at the dog track or the Off Track Betting office on the way home and gamble away every penny of the money.

Even if he has to go 20 miles out of his way, he will find some way to squander and fritter away the money, so he will arrive home with empty pockets as usual. And his family will eat food they found in the dumpster, like every other day.

And he had to borrow bus fare to get home, so he will only end up deeper in debt.

There is nothing you can do for poor people. They will always go behind your back and completely defeat anything you did to help them out of poverty.

They are just doing what they learned from their Pa and Ma, who are the ones who taught them to make the choices that made them poor, too. Trying to teach them to make different choices is like trying to change their religion. They will only get angry and attack you for trying to change the ways they grew up with.

The ways that made them poor and keep them poor.

That’s why Jesus said “The poor will be with you always.”

Money given to “the poor” does nothing for the poor. It is only to massage the ego and conscience of those who give by throwing their money down a bottomless pit.

Heritage Financial Announces First Quarter 2010 Results

HERITAGE FINANCIAL CORPORATION Brian L. Vance, President and CEO of Heritage Financial Corporation , today reported net income for the quarter ended March 31, 2010 of $696,000 compared to a net loss of $594,000 for the quarter ended March 31, 2009. Â Including preferred stock dividends, the net income applicable to common shareholders for the quarter ended March 31, 2010 was $365,000, or $0.03 …

Earned Income Tax Credit and the Three Squares Vermont Program

Question: Tax Fraud??????????????????????????????/?

Can someone actually go to jail for filing head of house hold while married to gain the earned income credit. Especially if they have done it for several years?
It’s not me, it’s my soon to be ex. She did it. She recently met a guy online and after 16 yrs. of marriage left and attempted to take my 2 sons (ages14-4) with her to live wqith this guy. She mocks me and mocks God. When going over thing with my attorney, this came up as a possibility considering she’s going after custody of my sons.
Let me clarify. She just left recently. Over the years she has done this while we and our children were all living together as a family.

Answer: Yes tax fraud is minimum 7 yrs in jail. To make matters worse then you get hit with a line by line audit of all your tax returns.
Then comes paying back what you stole and add in penalties and interested and your bill could be 100k
Get a good tax lawyer quick

Funding Substance Abuse Programs

When the proposal to raise West Virginia's beer tax fizzled, it was no defeat for the bill's chief advocate.

Illegal Immigration & Earned Income Tax Fraud - Part 4

Question: What is the largest federal policy aimed exclusively at helping the poor?

a) The Earned Income Tax Credit (EITC)
b) Public Assistance
c) Food stamps
d) Social Security

Thanks for any help!

Answer: Public assistance..

5 new tax credits and deductions for the 2009 tax year

Tax season is upon us. And while nobody likes shelling out their hard-earned dollars to the IRS, this year the government is offering up some new opportunities that could save you big money.

Dr. Steven Pitts: Too Many Jobs Don't Pay Livable Wages

Magna announces fourth quarter and 2009 results

AURORA, ON, Feb. 25, 2010 — Magna International Inc. (TSX: MG.A; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2009.

Bournemouth 2008: Vince Cable