Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Sterling Currency Group Fraud Case - United States Court of Appeals For the Eleventh Circuit - 8/14/24
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSat Sep 07, 2024 8:16 pm by RamblerNash

» Iraqi Dinar (IQD)
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSat Sep 07, 2024 7:24 pm by RamblerNash

» The Iraqi Dinar Revaluation Scam: False Hope, Financial Deception
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSat Sep 07, 2024 7:13 pm by RamblerNash

» Yes, the Iraqi Dinar is a SCAM: Responding to Marcus Williams' Comments on my Investment Scam Video
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSat Aug 24, 2024 11:12 pm by RamblerNash

» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

» Go Russia
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeMon Jun 17, 2024 5:49 am by kenlej

» I am too pretty for math, but....
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeWed Jun 12, 2024 6:56 pm by Mission1st

» Interesting article
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeWed Jun 12, 2024 6:34 pm by Mission1st

» Phony Tony: New Platform, same old song and dance
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeWed Jun 12, 2024 6:32 pm by Mission1st

» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeTue Jun 11, 2024 12:26 pm by Mission1st

» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeMon Jun 10, 2024 1:04 pm by RamblerNash

» The Fundamentals of Finance and Pimpy Live
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeFri Jun 07, 2024 5:02 pm by Dorotnas

» Carnival Rides
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!

2 posters

Go down

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Empty POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!

Post by Purpleskyz Sun Jul 22, 2018 7:58 pm

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  5ad3e64711c40

POOFness for JULY 22: One Tin Soldier
Posted By: hobie [Send E-Mail]
Date: Sunday, 22-Jul-2018 19:32:05
POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Zap-sap



Hi, folks -

Received via e-mail:

=====

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Scamalert
Subject: One Tin Soldier
From: "The Office of Poofness" <2goforth@humanus.ca>
Date: Sun, July 22, 2018 7:08 pm


One Tin Soldier

Coven

https://www.youtube.com/watch?v=tPNDBEuKCdY

POOF SAID

Greetings and Salutations,


The Europeans, especially the Germans, are doing some serious chess moves that will make the job ahead easier. The powers that are feeling resentful of our Mr.Trump are also moving in a direction that is healthy for all. Mr. Trump is his own worst enemy and that’s 'okay’ because he’s doing a job that isn’t understood nor known- not by him either as for that matter. We are helping and we are heeding the skirmishes in the undergrowth that are forever going on. That’s part of this whole scenario: the undertow that is behind everything. It isn’t just one banker nor one attorney nor one government official. Rather, it's a whole enchilada of folks invested in trying to keep this at bay. But again they won’t succeed; there is a turning point and we have seen it several times.

Forget the current moment and set intentions to be comfortable a few weeks from now. That’s the best we can do for you at this hour. Tomorrow that might change; today it is what it is . It is moving forward ever so slowly...P...

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Scamalert
SUSAN SAYS


Dear Community,

Moving from the Art of War to the Beauty of Peace the road can get extremely bumpy.

I've heard that the intel out there has "got its hair on fire" regarding deliveries of the PP's.

Not quite yet, 'obviously.' As more rocks continue to be cleared the road opens up.

Namaste,

Susan

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Scamalert
DID YOU KNOW?


Good Evening,

On August 5th, 1914 (The day after the Declaration of war in Europe) the Currency and Bank Notes Act was passed in Europe, On the 7th August,= 1914, in order to avoid a run on the banks, the Treasury issued Treasury Notes signed by John Bradbury - a form of national credit backed by the credit of the nation.
It required that the Treasury immediately restart issuing such interest-free money, based upon the wealth, integrity and potential of the country. Such an initiative would completely remove the hold the banks have over the nation, and would kickstart a productive economy.


This allowed the Treasury to issue currency notes of £1 and 10/-.the “Bradbury Banknote”. These notes had full legal tender status and were convertible for gold through the Bank of England. The Chancellor of the day, Lloyd George, just a few hours after the midnight Declaration of War, touched on the need to preserve the country's gold. The issue of notes for one pound and for ten shillings were to circulate "As fully as sovereigns and half-sovereigns are current and shall be legal tender in the United Kingdom for the payment of any amount". Thomas De La Rue and Company assisted Waterloo Brothers and Layton to produce the ten shilling note.

The relevance to the above paragraphs and England’s efforts in 1914 is that it set the precedence for an interest free currency and relieves the hold that banks have on the economies of the world and would apply to all currencies in circulation.

In direct contrast is the 1913 Federal Reserve Act employing fractional banking policies, which ultimately created the Central Bank banking systems. Currently 62 families control more wealth than 3.5 BILLION of the world’s population. Inequality is a drastic understatement. The BIS (Bank of International Settlement) is a privately owned bank that oversights 60 Central banks including the following: The Bank of England, the Federal Reserve and the European Central Bank. The BIS controls 95% of global wealth. The BIS was created as a control bank that would oversight the damage reparation settlements of Germany and its allies for WW1. It then morphed into the demon financial control center we see today.

The reason I point this out is that we only focus on the USD while in fact there is a global awareness of currency inequities and the GCR/RV is a global agenda not just for US and Western interest. By a sovereign issuing their own asset backed currency based on the wealth and integrity of the country, most all global debt issues and the vertical effects such as poverty and damaging fiscal policies, would literally be eliminated overnight. The Republic would naturally be restored without need for drastic changes in governmental and constitutional law and the enforcement efforts and time it would require to integrate those changes. We need to eliminate bad laws, not create their replacements. We don’t need to dismantle and take from the wealthy, we need to lift up the poor. To tear it all down with the concept of rebuilding from a fresh slate would be catastrophic to global economies and may never be accomplished. That borders on a scorched earth mentality and defines why we have wars.

The formation of the Deep State agendas were a product of the monster they created. The Deep State players and agendas will dissolve under transparency and equality for all. Everyone knows how to fix it by the least intrusive means possible. Asset back their currencies and everything else will fix itself.

The only arguments left now are who has the authority to release these funds. All the tools and means to accomplish this task are in place. A compromise must be reached where all parties can get through their power struggles for the benefit of humankind. Soon. Based on the information I received last week, by all accounts the GCR/RV should have engaged. All information pointed to it. Not only did I drink the 'kool-aid', I guzzled it. Then, because of the way my mind works, I started asking question. Understand that the information I receive comes from both sides of the aisle. I consider myself somewhat neutral. All sides provide a compelling argument on who and why they have the authority, they say they have. Then it dawns on me, why is this information being presented and in the manner in which it is presented? This is well constructed and articulated Intel. There must be resources applied to construct this information and deliver it in such a plausible continuity. In other words, it makes sense. However, what is the purpose? Answer. To control the narrative. Then you have to wonder who and why wants the narrative controlled. Is it the Agencies, the governments, the Deep State, The Cabal, or all of them and then some? The why? To supply information so questions aren’t asked. They are answered before they can be asked.

Bottom-line, take the intel providers and their narratives with a grain of salt. Look to the currency exchanges. When they stop or postpone currency sales, that is a prerequisite of the GCR/RV.

“When the people fear the government it is tyranny, when the government fears the people it is liberty” ´Thomas Jefferson

For more in-depth conversation on the Bradbury Banknote, refer to this video presentation. It is short and informative and relates to all currencies.
Commissioner Justin Walker
https://www.youtube.com/watch?v=Am1uZ3lpQdw


As always, comments are appreciated

DJ

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Scam-alert
ZAP SAYS

HI ALL


OF ALL THE DECISIONS YOU MAKE WHEN STARTING A PROJECT, THE SINGLE MOST IMPORTANT ELEMENT IS ITS STRUCTURE AS IT RELATES TO TAXES, AND IS COMPLETELY DEPENDENT ON THE TYPE OF LEGAL STRUCTURE YOU SELECT FOR YOUR PROJECT.

NOT ONLY WILL THIS DECISION HAVE AN IMPACT ON HOW MUCH YOU PAY IN TAXES, BUT IT WILL AFFECT THE AMOUNT OF PAPERWORK YOUR BUSINESS IS REQUIRED TO DO, THE PERSONAL LIABILITY YOU FACE AND YOUR ABILITY TO FUNCTION PROPERLY FOR THE BEST POSSIBLE PROBABILITY OF SUCCESS OF THE PROJECT.

THE MOST COMMON FORMS OF BUSINESS ARE SOLE PROPRIETORSHIP, PARTNERSHIP, CORPORATION AND S CORPORATION. THE MORE COMMON FORM IS THE LIMITED LIABILITY COMPANY (LLC) AND THE LIMITED LIABILITY PARTNERSHIP (LLP). BECAUSE EACH BUSINESS FORM COMES WITH DIFFERENT TAX CONSEQUENCES, YOU WILL WANT TO MAKE YOUR SELECTION WISELY AND CHOOSE THE STRUCTURE THAT MOST CLOSELY MATCHES YOUR PROJECT NEEDS.

IF YOU DECIDE TO START YOUR BUSINESS AS A SOLE PROPRIETORSHIP BUT LATER DECIDE TO TAKE ON PARTNERS, YOU CAN REORGANIZE AS A PARTNERSHIP OR OTHER ENTITY.

STRUCTURING MUST PROPERLY FIT IN WITH LOCAL AND FEDERAL LAWS, AND EXPERT ADVICE IS REQUIRED THROUGH TAX ATTORNEYS, WEALTH MANAGEMENT SPECIALISTS, ACCOUNTANTS WITH GOOD KNOWLEDGE OF TRUST STRUCTURES, AND THE LIKE.

IT DOES NOT MATTER WHAT A PROJECT IS, ITS STRUCTURING IS MANY TIMES THE FOUNDATION OF ITS LIFE SPAN. SOME WILL JUST BE REGULAR CORPORATE BODIES BY CHOICE, AND SOME WILL HAVE A COMPLETELY DIFFERENT CORPORATE EXISTENCE. THE VARIOUS MECHANISMS THAT CAN BE EMPLOYED UNDER THE GUIDANCE OF PROFESSIONALS CAN DETERMINE THE TAX EXPOSURE OF THE PROJECT. IT MAY PAY TAXES IN FULL ACCORDING TO LAWS OR IT MAY PAY LITTLE OR NO TAX BECAUSE IT IS STRUCTURED (FOR EXAMPLE) AS A CHURCH OR A NON PROFIT ORGANIZATION OR SOCIETY. IT ALL DEPENDS ON THE PROJECT REQUIREMENTS.

THE MOST COMMON STRUCTURE IS A REGULAR LIMITED LIABILITY ENTITY WHERE THE DIRECTORS ARE LIMITED IN EXPOSURE, AND PRETTY WELL ALL RESPONSIBILITY FOR DEBT IS ON THE COMPANY. THIS IS THE MAJORITY OF COMPANIES OUT THERE. YOU CAN SET A COMPANY UP ONLINE AS SUCH, OR HAVE A PROFESSIONAL DO IT FOR YOU, OR BUY A COMPANY FROM ORGANIZATIONS THAT SET UP COMPANIES AND PUT THEM ON A SHELF TO SELL LATER.

IT IS IMPORTANT TO KNOW THE DIFFERENCES IN FUNCTION OF THE VARIOUS STRUCTURES AVAILABLE, AND SPENDING SOME TIME ONLINE READING UP ON THE DIFFERENCES IS HIGHLY RECOMMENDED TO YOU. FAMILIARIZE YOURSELF WITH WHAT IS AVAILABLE TO YOU AND ONCE YOU HAVE AN IDEA OF WHAT YOU WISH TO LOOK LIKE CORPORATELY, THEN GO SEE A PROFESSIONAL AND GET YOURSELF SET UP. THE FOLLOWING IS TAKEN DIRECTLY FROM INFORMATION ON THE NET, AND SHOULD FORM PART OF YOUR DELIBERATIONS.

THE SIMPLEST STRUCTURE IS THE SOLE PROPRIETORSHIP, WHICH INVOLVES JUST ONE INDIVIDUAL WHO OWNS AND OPERATES THE ENTERPRISE. IF YOU INTEND TO WORK ALONE IN A SMALL PROJECT LIKE A CORNER GROCERY STORE OR A POTTERY OUTLET THIS MAY BE SUITABLE.

THE TAX ASPECTS OF A SOLE PROPRIETORSHIP ARE APPEALING BECAUSE THE EXPENSES AND YOUR INCOME FROM THE BUSINESS ARE INCLUDED ON YOUR PERSONAL INCOME TAX RETURN, FORM 1040. YOUR PROFITS AND LOSSES ARE RECORDED ON A FORM CALLED SCHEDULE C, WHICH IS FILED WITH YOUR 1040. THE "BOTTOM-LINE AMOUNT" FROM SCHEDULE C IS THEN TRANSFERRED TO YOUR PERSONAL TAX RETURN. THIS IS ESPECIALLY ATTRACTIVE BECAUSE BUSINESS LOSSES YOU SUFFER MAY OFFSET THE INCOME YOU HAVE EARNED FROM YOUR OTHER SOURCES.

AS A SOLE PROPRIETOR, YOU MUST ALSO FILE A SCHEDULE SE WITH FORM 1040. YOU USE SCHEDULE SE TO CALCULATE HOW MUCH SELF-EMPLOYMENT TAX YOU OWE. IN ADDITION TO PAYING ANNUAL SELF-EMPLOYMENT TAXES, YOU MUST MAKE ESTIMATED TAX PAYMENTS IF YOU EXPECT TO OWE AT LEAST $1,000 IN FEDERAL TAXES FOR THE YEAR AFTER DEDUCTING YOUR WITHHOLDING AND CREDITS, AND YOUR WITHHOLDING WILL BE LESS THAN THE SMALLER OF: 1) 90 PERCENT OF THE TAX TO BE SHOWN ON YOUR CURRENT YEAR TAX RETURN OR 2) 100 PERCENT OF YOUR PREVIOUS YEAR'S TAX LIABILITY.

THE FEDERAL GOVERNMENT PERMITS YOU TO PAY ESTIMATED TAXES IN FOUR EQUAL AMOUNTS THROUGHOUT THE YEAR ON THE 15TH OF APRIL, JUNE, SEPTEMBER AND JANUARY. WITH A SOLE PROPRIETORSHIP, YOUR BUSINESS EARNINGS ARE TAXED ONLY ONCE, UNLIKE OTHER BUSINESS STRUCTURES. ANOTHER BIG PLUS IS THAT YOU WILL HAVE COMPLETE CONTROL OVER YOUR BUSINESS--YOU MAKE ALL THE DECISIONS.

THERE ARE A FEW DISADVANTAGES TO CONSIDER, HOWEVER. SELECTING THE SOLE PROPRIETORSHIP BUSINESS STRUCTURE MEANS YOU ARE PERSONALLY RESPONSIBLE FOR YOUR COMPANY'S LIABILITIES. AS A RESULT, YOU ARE PLACING YOUR ASSETS AT RISK, AND THEY COULD BE SEIZED TO SATISFY A BUSINESS DEBT OR A LEGAL CLAIM FILED AGAINST YOU.

IF YOUR BUSINESS WILL BE OWNED AND OPERATED BY SEVERAL INDIVIDUALS, YOU'LL WANT TO TAKE A LOOK AT STRUCTURING YOUR BUSINESS AS A PARTNERSHIP. PARTNERSHIPS COME IN TWO VARIETIES: GENERAL PARTNERSHIPS AND LIMITED PARTNERSHIPS. IN A GENERAL PARTNERSHIP, THE PARTNERS MANAGE THE COMPANY AND ASSUME RESPONSIBILITY FOR THE PARTNERSHIP'S DEBTS AND OTHER OBLIGATIONS. A LIMITED PARTNERSHIP HAS BOTH GENERAL AND LIMITED PARTNERS. THE GENERAL PARTNERS OWN AND OPERATE THE BUSINESS AND ASSUME LIABILITY FOR THE PARTNERSHIP, WHILE THE LIMITED PARTNERS SERVE AS INVESTORS ONLY; THEY HAVE NO CONTROL OVER THE COMPANY AND ARE NOT SUBJECT TO THE SAME LIABILITIES AS THE GENERAL PARTNERS.

UNLESS YOU EXPECT TO HAVE MANY PASSIVE INVESTORS, LIMITED PARTNERSHIPS ARE GENERALLY NOT THE BEST CHOICE FOR A NEW BUSINESS BECAUSE OF ALL THE REQUIRED FILINGS AND ADMINISTRATIVE COMPLEXITIES. IF YOU HAVE TWO OR MORE PARTNERS WHO WANT TO BE ACTIVELY INVOLVED, A GENERAL PARTNERSHIP WOULD BE MUCH EASIER TO FORM.

ONE OF THE MAJOR ADVANTAGES OF A PARTNERSHIP IS THE TAX TREATMENT IT ENJOYS. A PARTNERSHIP DOES NOT PAY TAX ON ITS INCOME BUT "PASSES THROUGH" ANY PROFITS OR LOSSES TO THE INDIVIDUAL PARTNERS. AT TAX TIME, THE PARTNERSHIP MUST FILE A TAX RETURN (FORM 1065) THAT REPORTS ITS INCOME AND LOSS TO THE IRS. IN ADDITION, EACH PARTNER REPORTS HIS OR HER SHARE OF INCOME AND LOSS ON SCHEDULE K-1 OF FORM 1065.

PERSONAL LIABILITY IS A MAJOR CONCERN IF YOU USE A GENERAL PARTNERSHIP TO STRUCTURE YOUR BUSINESS. LIKE SOLE PROPRIETORS, GENERAL PARTNERS ARE PERSONALLY LIABLE FOR THE PARTNERSHIP'S OBLIGATIONS AND DEBTS. EACH GENERAL PARTNER CAN ACT ON BEHALF OF THE PARTNERSHIP, TAKE OUT LOANS AND MAKE DECISIONS THAT WILL AFFECT AND BE BINDING ON ALL THE PARTNERS (IF THE PARTNERSHIP AGREEMENT PERMITS). KEEP IN MIND THAT PARTNERSHIPS ARE ALSO MORE EXPENSIVE TO ESTABLISH THAN SOLE PROPRIETORSHIPS BECAUSE THEY REQUIRE MORE LEGAL AND ACCOUNTING SERVICES.

THE CORPORATE STRUCTURE IS MORE COMPLEX AND EXPENSIVE THAN MOST OTHER BUSINESS STRUCTURES. A CORPORATION IS AN INDEPENDENT LEGAL ENTITY, SEPARATE FROM ITS OWNERS, AND AS SUCH, IT REQUIRES COMPLYING WITH MORE REGULATIONS AND TAX REQUIREMENTS.

THE BIGGEST BENEFIT FOR A BUSINESS OWNER WHO DECIDES TO INCORPORATE IS THE LIABILITY PROTECTION HE OR SHE RECEIVES. A CORPORATION'S DEBT IS NOT CONSIDERED THAT OF ITS OWNERS, SO IF YOU ORGANIZE YOUR BUSINESS AS A CORPORATION, YOU ARE NOT PUTTING YOUR PERSONAL ASSETS AT RISK. A CORPORATION ALSO CAN RETAIN SOME OF ITS PROFITS WITHOUT THE OWNER PAYING TAX ON THEM.

THE CORPORATE STRUCTURE, HOWEVER, COMES WITH A NUMBER OF DOWNSIDES. A MAJOR ONE IS HIGHER COSTS. CORPORATIONS ARE FORMED UNDER THE LAWS OF EACH STATE WITH ITS OWN SET OF REGULATIONS. YOU WILL NEED THE ASSISTANCE OF AN ATTORNEY TO GUIDE YOU. IN ADDITION, BECAUSE A CORPORATION MUST FOLLOW MORE COMPLEX RULES AND REGULATIONS THAN A PARTNERSHIP OR SOLE PROPRIETORSHIP, IT REQUIRES MORE ACCOUNTING AND TAX PREPARATION SERVICES.

ANOTHER DRAWBACK TO FORMING A CORPORATION: OWNERS OF THE CORPORATION PAY A DOUBLE TAX ON THE BUSINESS'S EARNINGS. NOT ONLY ARE CORPORATIONS SUBJECT TO CORPORATE INCOME TAX AT BOTH THE FEDERAL AND STATE LEVELS, BUT ANY EARNINGS DISTRIBUTED TO SHAREHOLDERS IN THE FORM OF DIVIDENDS ARE TAXED AT INDIVIDUAL TAX RATES ON THEIR PERSONAL INCOME TAX RETURNS.

ONE STRATEGY TO HELP SOFTEN THE BLOW OF DOUBLE TAXATION IS TO PAY SOME MONEY OUT AS SALARY TO YOU AND ANY OTHER CORPORATE SHAREHOLDERS WHO WORK FOR THE COMPANY. A CORPORATION IS NOT REQUIRED TO PAY TAX ON EARNINGS PAID AS REASONABLE COMPENSATION, AND IT CAN DEDUCT THE PAYMENTS AS A BUSINESS EXPENSE. HOWEVER, THE IRS HAS LIMITS ON WHAT IT BELIEVES TO BE REASONABLE COMPENSATION.

THIS INFORMATION IS AN EDITED EXCERPT FROM "START YOUR OWN BUSINESS, FIFTH EDITION", PUBLISHED BY ENTREPRENEUR PRESS.

THE S CORPORATION IS MORE ATTRACTIVE TO SMALL-BUSINESS OWNERS THAN A REGULAR (OR C) CORPORATION. THAT'S BECAUSE AN S CORPORATION HAS SOME APPEALING TAX BENEFITS AND STILL PROVIDES BUSINESS OWNERS WITH THE LIABILITY PROTECTION OF A CORPORATION. WITH AN S CORPORATION, INCOME AND LOSSES ARE PASSED THROUGH TO SHAREHOLDERS AND INCLUDED ON THEIR INDIVIDUAL TAX RETURNS. AS A RESULT, THERE'S JUST ONE LEVEL OF FEDERAL TAX TO PAY.

IN ADDITION, OWNERS OF S CORPORATIONS WHO DON'T HAVE INVENTORY CAN USE THE CASH METHOD OF ACCOUNTING, WHICH IS SIMPLER THAN THE ACCRUAL METHOD. UNDER THIS METHOD, INCOME IS TAXABLE WHEN RECEIVED AND EXPENSES ARE DEDUCTIBLE WHEN PAID.

S CORPORATIONS DO COME WITH SOME DOWNSIDES. FOR EXAMPLE, S CORPORATIONS ARE SUBJECT TO MANY OF THE SAME RULES CORPORATIONS MUST FOLLOW, AND THAT MEANS HIGHER LEGAL AND TAX SERVICE COSTS. THEY ALSO MUST FILE ARTICLES OF INCORPORATION, HOLD DIRECTORS AND SHAREHOLDERS MEETINGS, KEEP CORPORATE MINUTES, AND ALLOW SHAREHOLDERS TO VOTE ON MAJOR CORPORATE DECISIONS. THE LEGAL AND ACCOUNTING COSTS OF SETTING UP AN S CORPORATION ARE ALSO SIMILAR TO THOSE FOR A REGULAR CORPORATION.

ANOTHER MAJOR DIFFERENCE BETWEEN A REGULAR CORPORATION AND AN S CORPORATION IS THAT S CORPORATIONS CAN ONLY ISSUE ONE CLASS OF STOCK. EXPERTS SAY THIS CAN HAMPER THE COMPANY'S ABILITY TO RAISE CAPITAL.

IN ADDITION, UNLIKE IN A REGULAR CORPORATION, S CORPORATION STOCK CAN ONLY BE OWNED BY INDIVIDUALS, ESTATES AND CERTAIN TYPES OF TRUSTS. IN 1998, TAX-EXEMPT ORGANIZATIONS SUCH AS QUALIFIED PENSION PLANS WERE ADDED TO THE LIST. THIS CHANGE PROVIDES S CORPORATIONS WITH EVEN GREATER ACCESS TO CAPITAL BECAUSE A NUMBER OF PENSION PLANS ARE WILLING TO INVEST IN CLOSELY HELD SMALL-BUSINESS STOCK.

LIMITED LIABILITY COMPANIES HAVE BEEN AROUND SINCE 1977, BUT THEIR POPULARITY AMONG ENTREPRENEURS IS A RELATIVELY RECENT PHENOMENON. AN LLC IS A HYBRID ENTITY, BRINGING TOGETHER SOME OF THE BEST FEATURES OF PARTNERSHIPS AND CORPORATIONS.

LLCS WERE CREATED TO PROVIDE BUSINESS OWNERS WITH THE LIABILITY PROTECTION THAT CORPORATIONS ENJOY WITHOUT THE DOUBLE TAXATION. EARNINGS AND LOSSES PASS THROUGH TO THE OWNERS AND ARE INCLUDED ON THEIR PERSONAL TAX RETURNS.

SOUND SIMILAR TO AN S CORPORATION? IT IS, EXCEPT THAT AN LLC OFFERS BUSINESS OWNERS EVEN MORE ATTRACTIONS THAN AN S CORPORATION. FOR EXAMPLE, THERE IS NO LIMITATION ON THE NUMBER OF SHAREHOLDERS AN LLC CAN HAVE, UNLIKE AN S CORPORATION, WHICH HAS A LIMIT OF 100 SHAREHOLDERS. IN ADDITION, ANY MEMBER OR OWNER OF THE LLC IS ALLOWED A FULL PARTICIPATORY ROLE IN THE BUSINESS'S OPERATION; IN A LIMITED PARTNERSHIP, ON THE OTHER HAND, PARTNERS ARE NOT PERMITTED ANY SAY IN THE OPERATION.

TO SET UP AN LLC, YOU MUST FILE ARTICLES OF ORGANIZATION WITH THE SECRETARY OF STATE IN THE STATE WHERE YOU INTEND TO DO BUSINESS. SOME STATES ALSO REQUIRE YOU TO FILE AN OPERATING AGREEMENT, WHICH IS SIMILAR TO A PARTNERSHIP AGREEMENT. LIKE PARTNERSHIPS, LLCS DO NOT HAVE PERPETUAL LIFE. SOME STATE STATUTES STIPULATE THAT THE COMPANY MUST DISSOLVE AFTER 30 YEARS. TECHNICALLY, THE COMPANY DISSOLVES WHEN A MEMBER DIES, QUITS OR RETIRES.

IF YOU PLAN TO OPERATE IN SEVERAL STATES, YOU MUST DETERMINE HOW A STATE WILL TREAT AN LLC FORMED IN ANOTHER STATE. IF YOU DECIDE ON AN LLC STRUCTURE, BE SURE TO USE THE SERVICES OF AN EXPERIENCED ACCOUNTANT WHO IS FAMILIAR WITH THE VARIOUS RULES AND REGULATIONS OF LLCS.

ANOTHER STRUCTURE IS THE LIMITED LIABILITY PARTNERSHIP (LLP). WITH AN LLP, THE GENERAL PARTNERS HAVE LIMITED LIABILITY. FOR EXAMPLE, THE PARTNERS ARE LIABLE FOR THEIR OWN MALPRACTICE AND NOT THAT OF THEIR PARTNERS. THIS LEGAL FORM WORKS WELL FOR THOSE INVOLVED IN A PROFESSIONAL PRACTICE, SUCH AS PHYSICIANS.

A CORPORATION SOLE IS A PRIVATE RELIGIOUS ORGANIZATION. IT DOES NOT FALL UNDER STATUTE LAW. HOWEVER, IT DOES INTERFACE WITH STATUTES AND IS RECOGNIZED BY GOVERNMENT. YOUR CORPORATION SOLE WILL RECEIVE A NONREPORTING EIN NUMBER. WITH THAT, IT CAN SIGN AND WORK IN CONTRACT, AS WELL AS OPEN BANK CHECKING ACCOUNTS. FOR THE INDIVIDUAL WHO WISHES TO HAVE A HIGHER LEVEL OF PRIVACY IN THEIR PERSONAL LIFE AND WHO HAS RELIGIOUS BELIEFS THAT ARE IN CONFLICT WITH THE PRESENT STATUTORY SYSTEM OF LAWS, THE CORPORATION SOLE SEEMS TO BE FILLING THE VOID.

SHOULD YOU CHOOSE THIS STRUCTURE, YOU HAVE TAKEN ONE OF THE HARDEST STEPS OF ALL: THE FIRST STEP TOWARD TOTAL PRIVACY, INDEPENDENCE AND SECURITY FOR YOURSELF AND YOUR ENTIRE FAMILY. THIS STRUCTURE REQUIRES A LOT OF STUDY AND READ ALL THE MATERIALS YOU FIND CAREFULLY AND UNDERSTAND THE BOUNDARIES AND SCOPE OF THIS MOVE TOWARDS FREEDOM IN YOUR PERSONAL DEALINGS.

A CORPORATION SOLE IS A LEGAL VEHICLE THAT CAN BE USED TO HOLD PROPERTY AND PROTECT IT FROM LIENS, LEVIES, SEIZURE AND CONFISCATION FROM EVENTS ARISING AS A RESULT OF YOUR PERSONAL ACTIONS. THIS INCLUDES ALL PROPERTY AND/OR ASSETS, INCLUDING HOMES, AUTOMOBILES, RV'S, AND OTHER SUCH PROPERTY. WHEN PROPERTY IS OWNED BY CORPORATION SOLE, IT IS AS IF THE CHURCH OR RELIGIOUS ORGANIZATION OWNS IT AND NOT YOU PERSONALLY. YOU ARE THE OVERSEER TO THE PROPERTY ONLY, AT YOUR DEMISE, YOUR AUXILIARY WOULD THEN MOVE IN TO MANAGE THIS PROPERTY. THIS IS SIMILAR TO A BISHOP, OR OTHER HEADS OF ORGANIZED RELIGIOUS GROUPS. ALL OF YOUR ASSETS WILL BE OWNED BY THE CORPORATE SOLE AND WILL PASS ON TO YOUR FAMILY WITHOUT PROBATE OR TAXATION.

IN RESPECT OF THE UNDERPINNING OF THIS STRUCTURE, IT WAS AGAIN VERIFIED BY EXECUTIVE ORDER BY TRUMP DATED MAY 4, 2017 THAT I INCLUDE IN ITS ENTIRETY AS A POSTSCRIPT BELOW.

I AM NOT AN EXPERT ON RELIGIOUS TRUSTS, AND SINCE THEY ARE A PARTICULAR TYPE OF STRUCTURE THAT HAS TO BE UNDERSTOOD IN ITS PURPOSE AND ITS OPERATING MACHINERY, I PROVIDE A LINK TO THE VERY BEST OF ALL ENTITIES THAT PROVIDE HELP WITH THIS STRUCTURE AT A VERY HIGH LEVEL OF EXPERTISE YOU MAY WISH TO TAKE ADVANTAGE OF. OUR BROTHER BERNIE BESHERSE IS THE GO-TO GUY FOR THIS. BERNIE IS A JUDGE THAT PREPARES AND CREATES TRUSTS AND OTHER LEGALLY SOUND VEHICLES AND HELPS CLIENTS INCORPORATE AND ENJOY A SUPERIOR FINANCIAL STRUCTURE. HE HAS BEEN PROFESSIONALLY WRITING CORPORATIONS SOLE AND TRUSTS SINCE 1996.

HTTP://THEULTIMATEINASSETPROTECTION.COM/

THE INFORMATION AS ABOVE IS A SNAPSHOT OF STRUCTURES THAT ARE AVAILABLE. RESEARCH INTO YOUR OWN REQUIREMENTS IS ESSENTIAL FOR YOU TO DO PRIOR TO ESTABLISHING YOUR PROJECT. IF YOU DO NOT HAVE THE FUNDS TO GO AND RETAIN A TAX ATTORNEY, THIS WILL BE PROVIDED TO YOUR PROJECT AS PART OF THE FUNDING SEQUENCE BESIDES THE ALLOCATION FOR TAKING CARE OF PERSONAL FINANCIAL ISSUES THAT HAVE TO BE TAKEN CARE OF BEFORE A PROJECT IS STARTED TO ALLOW YOU TO FOCUS ON THE WORK, NOT THE STRIFE YOU ARE EXPERIENCING.

IF YOU CAN NOT FIND A SUITABLE TAX ATTORNEY RIGHT FOR YOU, NOT TO WORRY. AS BEFORE SAID, WE INTEND TO USE THORSTEINSSONS THE TAX ATTORNEYS (WWW.THOR.CA) FOR MOST OF OUR NEEDS, AND WILL BE USING THEM TO HELP PROJECTS STRUCTURE THEMSELVES PROPERLY BESIDES USING OTHER PROFESSIONALS. THORSTEINSSONS IS CANADA’S LARGEST LAW FIRM PRACTICING EXCLUSIVELY IN TAX. THEIR LAWYERS ARE CONSISTENTLY RECOGNIZED AMONG CANADA’S LEADING TAX PRACTITIONERS AND ONE OF THEIR MORE VISIBLE ACCOMPLISHMENTS WAS THE RESTRUCTURING OF MICROSOFT AND SOME SMALL COUNTRIES. THEY HAVE EXCELLENT RELATIONSHIPS WITH TAX LAW FIRMS IN PRETTY WELL ALL COUNTRIES.

THE SERVICES WE PROVIDE ARE WELL ROUNDED TO GIVE PRETTY WELL ALL THE ASPECTS OF GETTING A PROJECT OFF THE GROUND AND HAVE IT SUCCESSFUL. MONEY IS JUST AN ELEMENT OF THIS SEQUENCE, AND IS NOT THE OVERRIDING CONSIDERATION AS MANY WOULD THINK. THE MINDSET THAT “MONEY WILL DO THE JOB” IS ONLY PART OF THE PICTURE, AND IS REALLY SECONDARY TO PROPER SETUP OF YOUR PROJECT.

I HOPE THIS WAS USEFUL TO YOU. IT TOOK US A WHILE TO GET OUR STRUCTURE DONE UP PROPERLY SO WE COULD OPERATE ON A GLOBAL BASIS DOING THIS WORK SO WE HAVE A BIT OF EXPERIENCE UNDER OUR BELT. WE ARE A CORPORATION SOLE WITH AN EIN NUMBER, AND HAVE OPENED BANK ACCOUNTS AS SUCH. THIS STRUCTURE FITS WITH OUR METHODOLOGY OF OPERATIONS AND IN THE PROVISION OF GOOD SERVICES TO OUR HUMANITY. IT MAY SUIT YOU AS WELL BUT DO NOT DISCARD THE OTHER STRUCTURES OUT OF HAND BUT DO YOUR RESEARCH TO SEE WHICH STRUCTURE WILL FIT YOUR PROJECT NEEDS BEST.

AND FINALLY, WE ARE ABOUT TO GET OFF THE GROUND OURSELVES. OUR FUNDS HAVE AGAIN BEEN RECONFIRMED AND WILL BE SENT OUT TO US IN THE NEXT DAYS AND WE WILL BEGIN THE WORK AHEAD.

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Yousure
IT WILL BE VERY BUSY FOR THE FIRST WHILE AS WE WILL BE SCRAMBLING MADLY TO ACCOMPLISH THE INITIAL TO-DO LIST. REMEMBER THAT ALTHOUGH WE ARE FULLY STRUCTURED, IT WILL STILL TAKE SOME TIME TO BECOME FULLY OPERATIONAL AS WE ARE A START-UP IN ALL SENSES OF THE WORD EXCEPT FOR THE STRUCTURE PART.


MY AND OUR GREAT THANKS TO ALL THAT HAVE SUPPORTED US THROUGH THE YEARS DESPITE ALL THE NEGATIVE CRAP THAT HAS BEEN THROWN AT US. IT AIN’T EASY TO WEATHER THE STUFF THAT COMES AT YOU WHEN YOU THINK THE FUNDING IS AROUND THE CORNER, THEN THE BANKS LAY INTO YOU BY DELAYING.

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Giphy
IT HAS HURT BEYOND ENDURANCE AND PEOPLE HAVE PASSED ON US BUT WE ARE STILL HERE AND STRONGER FOR IT. WE WILL DO WHAT WE SAY AND ACTUALLY WALK THE TALK OF THAT YOU CAN BE ASSURE. NOBODY WILL BE LEFT BEHIND IF WE HAVE ANY SAY.


MUCH LOVE AND GOD’S BLESSING TO YOU ALL. THE GOLDEN AGE OPPORTUNITY IS HERE AND THERE IS A HUGE AMOUNT OF WORK TO MAKE IT SO. STRUCTURE PROPERLY.

LOVE AND LIGHT
IN OUR SERVICE
ZAP

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Giphy
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
JULY 22, 2018
COPYRIGHT ZAP 2013-2018


PS: BELOW IS THE EXECUTIVE ORDER, AND A LINK TO A VERY INTERESTING ARTICLE CONCERNING TRUMP AND PUTIN, WITH PUTIN GIVING TRUMP TERABYTES OF SALIENT INFORMATION REGARDING CABAL ACTIVITIES. THIS IS REALLY GOING TO GET INTERESTING.

LINK:

{Note from hobie: The link below won't work, because it leads to an item in a private mailbox.}

https://mail.google.com/mail/u/0/#inbox/164c3dbd81773331?projector=1&messagePartId=0.1

AND THE EXECUTIVE ORDER

Presidential Executive Order Promoting Free Speech and Religious Liberty


EXECUTIVE ORDER


- - - - - - -


PROMOTING FREE SPEECH AND RELIGIOUS LIBERTY


By the authority vested in me as President by the Constitution and the laws of the United States of America, in order to guide the executive branch in formulating and implementing policies with implications for the religious liberty of persons and organizations in America, and to further compliance with the Constitution and with applicable statutes and Presidential Directives, it is hereby ordered as follows:


Section 1. Policy. It shall be the policy of the executive branch to vigorously enforce Federal law's robust protections for religious freedom. The Founders envisioned a Nation in which religious voices and views were integral to a vibrant public square, and in which religious people and institutions were free to practice their faith without fear of discrimination or retaliation by the Federal Government. For that reason, the United States Constitution enshrines and protects the fundamental right to religious liberty as Americans' first freedom. Federal law protects the freedom of Americans and their organizations to exercise religion and participate fully in civic life without undue interference by the Federal Government. The executive branch will honor and enforce those protections.


Sec. 2. Respecting Religious and Political Speech. All executive departments and agencies (agencies) shall, to the greatest extent practicable and to the extent permitted by law, respect and protect the freedom of persons and organizations to engage in religious and political speech. In particular, the Secretary of the Treasury shall ensure, to the extent permitted by law, that the Department of the Treasury does not take any adverse action against any individual, house of worship, or other religious organization on the basis that such individual or organization speaks or has spoken about moral or political issues from a religious perspective, where speech of similar character has, consistent with law, not ordinarily been treated as participation or intervention in a political campaign on behalf of (or in opposition to) a candidate for public office by the Department of the Treasury. As used in this section, the term "adverse action" means the imposition of any tax or tax penalty; the delay or denial of tax-exempt status; the disallowance of tax deductions for contributions made to entities exempted from taxation under section 501(c)(3) of title 26, United States Code; or any other action that makes unavailable or denies any tax deduction, exemption, credit, or benefit.


Sec. 3. Conscience Protections with Respect to Preventive-Care Mandate. The Secretary of the Treasury, the Secretary of Labor, and the Secretary of Health and Human Services shall consider issuing amended regulations, consistent with applicable law, to address conscience-based objections to the preventive-care mandate promulgated under section 300gg-13(a)(4) of title 42, United States Code.


Sec. 4. Religious Liberty Guidance. In order to guide all agencies in complying with relevant Federal law, the Attorney General shall, as appropriate, issue guidance interpreting religious liberty protections in Federal law.


Sec. 5. Severability. If any provision of this order, or the application of any provision to any individual or circumstance, is held to be invalid, the remainder of this order and the application of its other provisions to any other individuals or circumstances shall not be affected thereby.


Sec. 6. General Provisions.




  • Nothing in this order shall be construed to impair or otherwise affect:
  • the authority granted by law to an executive department or agency, or the head thereof; or
  • the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
  • This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
  • This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.



DONALD J. TRUMP


THE WHITE HOUSE,


May 4, 2017.


POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Internet-Fraud-Alert1
Contributions

Thank you for your support as we do our best to keep you up to date. We couldn't do this without your Help. Please go to Paypal.com using the account address: goneforthfornow@gmail.com to support the cause. Please remember to click friends and family when sending. We're still struggling to keep the lights on and food on the table. Unfortunately, there was been a delay in sending thank you notes .....

Love and Kisses,

'The Office of Poofness"

ZAP, Susan and Staff

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  0
=====


--hobie

Thanks to: http://www.rumormillnews.com
Purpleskyz
Purpleskyz
Admin
Admin

Posts : 5765
Join date : 2011-08-16
Location : Woodstock Nation

Back to top Go down

POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!  Empty Re: POOFness for JULY 22: One Tin Soldier Sure Can Rake in the Donations from the SAPS!

Post by RamblerNash Sun Jul 22, 2018 11:14 pm

RamblerNash wrote:One of the many frauds that Jerzy promotes is the one from John Hutchinson. What a loon this guy is. Did you know that Jerzy is also a plagiarist?

What you'll find on Jerzy's webpage for the Hutchinson Effect is what he copied, with a few changes, from the article by Mark A. Solis (Webmaster for John Hutchison), that he wrote back in 1999.


http://www.oom2.com/t56312-jerzy-babkowski-aka-zap-the-hutchison-effect-fraud-meet-team-member-karla


And Jerzy's plagiarism continues! LMAO!!!


Here's the article that you'll find the information that Jerzy used in his post, and at some points, changed it around to serve his needs.


https://www.entrepreneur.com/article/38822




Jerzy wrote:OF ALL THE DECISIONS YOU MAKE WHEN STARTING A PROJECT, THE SINGLE MOST IMPORTANT ELEMENT IS ITS STRUCTURE AS IT RELATES TO TAXES, AND IS COMPLETELY DEPENDENT ON THE TYPE OF LEGAL STRUCTURE YOU SELECT FOR YOUR PROJECT.

NOT ONLY WILL THIS DECISION HAVE AN IMPACT ON HOW MUCH YOU PAY IN TAXES, BUT IT WILL AFFECT THE AMOUNT OF PAPERWORK YOUR BUSINESS IS REQUIRED TO DO, THE PERSONAL LIABILITY YOU FACE AND YOUR ABILITY TO FUNCTION PROPERLY FOR THE BEST POSSIBLE PROBABILITY OF SUCCESS OF THE PROJECT.


From The Article wrote:Of all the choices you make when starting a business, one of the most important is the type of legal structure you select for your company. Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money.

~~~~~~~~~~

Jerzy wrote:THE TAX ASPECTS OF A SOLE PROPRIETORSHIP ARE APPEALING BECAUSE THE EXPENSES AND YOUR INCOME FROM THE BUSINESS ARE INCLUDED ON YOUR PERSONAL INCOME TAX RETURN, FORM 1040. YOUR PROFITS AND LOSSES ARE RECORDED ON A FORM CALLED SCHEDULE C, WHICH IS FILED WITH YOUR 1040. THE "BOTTOM-LINE AMOUNT" FROM SCHEDULE C IS THEN TRANSFERRED TO YOUR PERSONAL TAX RETURN. THIS IS ESPECIALLY ATTRACTIVE BECAUSE BUSINESS LOSSES YOU SUFFER MAY OFFSET THE INCOME YOU HAVE EARNED FROM YOUR OTHER SOURCES.


From The Article wrote:The tax aspects of a sole proprietorship are especially appealing because income and expenses from the business are included on your personal income tax return (Form 1040). Your profits and losses are first recorded on a tax form called Schedule C, which is filed along with your 1040. Then the "bottom-line amount" from Schedule C is transferred to your personal tax return. This aspect is especially attractive because business losses you suffer may offset income earned from other sources.

~~~~~~~~~~



Jerzy wrote:AS A SOLE PROPRIETOR, YOU MUST ALSO FILE A SCHEDULE SE WITH FORM 1040. YOU USE SCHEDULE SE TO CALCULATE HOW MUCH SELF-EMPLOYMENT TAX YOU OWE. IN ADDITION TO PAYING ANNUAL SELF-EMPLOYMENT TAXES, YOU MUST MAKE ESTIMATED TAX PAYMENTS IF YOU EXPECT TO OWE AT LEAST $1,000 IN FEDERAL TAXES FOR THE YEAR AFTER DEDUCTING YOUR WITHHOLDING AND CREDITS, AND YOUR WITHHOLDING WILL BE LESS THAN THE SMALLER OF: 1) 90 PERCENT OF THE TAX TO BE SHOWN ON YOUR CURRENT YEAR TAX RETURN OR 2) 100 PERCENT OF YOUR PREVIOUS YEAR'S TAX LIABILITY.


From The Article wrote:As a sole proprietor, you must also file a Schedule SE with Form 1040. You use Schedule SE to calculate how much self-employment tax you owe.
In addition to paying annual self-employment taxes, you must also make quarterly estimated tax payments on your income. Currently, self-employed individuals with net earnings of $400 or more must make estimated tax payments to cover their tax liability. If your prior year's adjusted gross income is less than $150,000, your estimated tax payments must be at least 90 percent of your current year's tax liability or 100 percent of the prior year's liability, whichever is less.

~~~~~~~~~~

Jerzy wrote:THE FEDERAL GOVERNMENT PERMITS YOU TO PAY ESTIMATED TAXES IN FOUR EQUAL AMOUNTS THROUGHOUT THE YEAR ON THE 15TH OF APRIL, JUNE, SEPTEMBER AND JANUARY. WITH A SOLE PROPRIETORSHIP, YOUR BUSINESS EARNINGS ARE TAXED ONLY ONCE, UNLIKE OTHER BUSINESS STRUCTURES. ANOTHER BIG PLUS IS THAT YOU WILL HAVE COMPLETE CONTROL OVER YOUR BUSINESS--YOU MAKE ALL THE DECISIONS.



From The Article wrote:The federal government permits you to pay estimated taxes in four equal amounts throughout the year on the 15th of April, June, September and January. With a sole proprietorship, your business earnings are taxed only once, unlike other business structures. Another big plus is that you have complete control of your business-you make all the decisions.


~~~~~~~~~~


With the 300 professional team members, Lawyers and Bankers, and the number of years Jerzy has been involved with this scam, he can't even use his own words?


http://www.oom2.com/t46295-jerzy-babkowski-aka-zap-canadian-scammer-fraud-report-investigate
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 24277
Join date : 2015-02-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum