Tax Attorney VS CPA

Like it or not, each of us really have to pay our taxes. But there is so much trouble understanding taxation even to a genius mind. Albert Einstein admitted, “The hardest thing in the world to understand is the income tax.” On the other hand, you can hire an IRS Enrolled Agent, to represent in behalf of the taxpayer, before the Internal Revenue Service. Enrolled agents are like tax attorneys or certified public accountants (CPA). These agents are unrestricted as to which taxpayers they could represent, as to what type of tax matter they could handle and which IRS office they could put into practice.

But, which is which? Who is to be chosen? Tax Attorneys vs. CPA. Before choosing, you should yet consider the roles of each Tax professional.

Tax attorneys. An attorney observes the legal principle that protects the confidentiality of the information of their clients. The legal principle practiced is the so-called “Attorney Client Privilege”. This privilege highlights that the information between the personas involved cannot be given to third parties, even to the Internal Revenue Service (IRS). The line of information is exclusively between the tax attorney and the taxpayer only. Thus, only attorneys are exempted to be forced to provide essential information to other people or even to testify against their clients.

Certified Public Accountants. The role of an accountant differs from that of the tax attorney. They can provide essential advice concerning financial planning, and they help clients file or correct tax returns. Which helps avoid particular tax problems. However, they are not well versed with the law. In some case, like tax bankruptcy, they cannot provide legal advice or even help their clients have for themselves of any available options. During court proceedings only the attorney can handle the case in your behalf since he/she is qualified to properly analyze legal issues and advice clients of their rights.

But either way, CPA’s and Tax Attorney’s undergo two tracks of becoming an IRS Enrolled agent. According to regulations contained in the pamphlet of Treasury Department Circular 230 states: Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers Before the Internal Revenue Service. The two tracks are as follows:

  • Written examination- Demonstrating special competence in tax matters by taking a written examination.
  • IRS Experience- virtue of past service and technical experience with the IRS that qualifies you for enrollment

Paying our taxes doesn’t make us happy. But not paying our taxes would even make us miserable. The choice is up to you!

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Investor’s Guide in Buying a Real Estate Property

Warren Buffet is considered as the world’s greatest investor of all time. He is one of the richest people in the world, and almost all of his wealth came from his investments. So what makes Warren Buffet credible in discussing property investments? The answer is simple, because he knows the inside out of the market; he can “see” the future of a market; and he can tell you whether investing on something is great or not.

There are a lot of people who are worried about investing in real estate mainly because they feel that the real estate market is falling. There are a lot of speculations about the fall of the market, and this is the reason why most people sit still and wait for the “perfect opportunity” to buy a real estate property. But did you know that Warren Buffet himself believed that there is no better opportunity to buy a property than the opportunity that we have today?

If you are going to take a look at the market, you will see that the mortgage rates and interest rates are low. In fact, they’ve been low for more than 4 years now, and the rates were never lower for more than 30 years. What this means is that if you are going to buy a property today, you will be able to buy it at a rate lower than what we have 30 years ago.

What makes it even more interesting is that only mortgage and interest rates are getting lower and lower; not the value of the property. If you are going to buy a property, you will be able to enjoy the perks of seeing how your investment appreciates, which is further amplified by the low mortgage and interest rates.

If you are going to wait for the market to subside, it may be too late for you, because we are already at a 30-year record. There are a lot of people who are saying that they will start investing for real estate properties after six months, because they believe that after six months, the price of real estate properties will be at its “rock bottom price”. Most of these people won’t be able to invest anything, because after six months, another speculation will come out and they will still believe it.

Investing needs great timing and skills. If you have the skills, you need to know the right time to invest. If you know the right time to invest, then you need to have the skills to determine the best investments to make. If you don’t have one of these important traits of a successful investor, you won’t be able to make a great investment. Just remember what Warren Buffet says; “There is no better opportunity for you to invest in the real estate market than the opportunity that is in front of you today”. The status of the real estate market is stable, but the mortgage and interest rates are low.

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Supercharge Your MLM Business With an Internet Marketing Group


You may be already be using both online and traditional direct marketing methods to attract potential business builders and product users to your MLM company. Perhaps you are having some success but not enough or at too great an expense. You may even be actively encouraging your downline to use direct marketing methods but they don’t have the technical capacity or money to invest in direct marketing methods and so are resistant to growing their businesses in other than the familiar MLM method of lists of personal contacts and one on one presentations.

This can be discouraging for even the most dedicated network marketer. But, creating a pool of marketing assets with your motivated downline business builders reduces the expense for all and accelerates the growth of all participating members. It also creates a significant “Differentiator” that becomes a powerful way for you to recruit new, highly motivated business builder members into your organization.

Using a network internet business plan to recruit people who are looking for lifestyle and career alternatives or career improvements and are willing to follow a system that is built on a network marketing base and have the means to make a modest investment of time and money will supercharge the growth of your business.

And, it can help to energize those members of your organization who are hanging on at the margins of the compensation plan because they cannot grow for any number of reasons, including MLM burnout.

There are very large numbers of people throughout the country who are interested in starting a business of their own. They may not have the desire or resources to invest in a raw start-up or a franchise business or they may not otherwise be interested in building a traditional network marketing business. But, they want the rewards of these types of businesses and will join an organization with a solid marketing plan that demonstrates that their success is highly likely by following proven methods from an experienced “mentor”.

Your “Network Internet Group” consists of individuals who pool resources to market their separate and distinct businesses via online and traditional offline methods.

Marketing Pool

The marketing pool serves as the financial foundation for the group’s advertising and marketing efforts. It consists of two “pools” of funds:

Marketing Funds
The pool of funds for group marketing
Leadership Participation Funds
Compensation for participating members over and above the MLM company compensation plan

The group agrees to follow the “Founding Group” (you and others in your organization who agree to participate with you) direction and methods to achieve success. Participating individuals will also continue to independently market their business using their own resources to assure the success of their business.

The Founding Group will direct investments in the following areas:
Web site design
Pay-per-click marketing traffic (PPC)
Copy writing
Classified ad copy
Seminar development
Other direct marketing methods.

These investments will be tested, measured and constantly improved so that the following downline participating members will have both product and business interest traffic driven to their respective sites. The Founding Group will use mechanisms to share traffic results equitably with participating members.
Plan Participation

The individual business owners must agree to do the following, as members of the Network Internet Group:

Make an investment of some amount over and above whatever is required to join your MLM company to participate in the group
Become a member of your MLM company
Agree to achieve the highest rank within your MLM company
Buy minimum product requirement for sales leaders of the highest rank
Agree to participate in group marketing efforts
Host seminars in their area
Mentor their downline members
Promptly respond to recruiting and product inquiries

Your group’s marketing will attract potential members who cannot make the initial investment, but who otherwise have the desire and capacity to grow to the highest compensation rank level with the support of willing mentor members.

These prospective members should have marketing resources and traditional recruiting techniques made available to them by their mentor sponsors and the Founding Group.

They should be considered for inclusion into your Network Internet Group plan when they are able to make the group fee investment, but first must dedicate adequate amounts of time and resources to their business and fulfill the highest rank product usage requirements of your MLM company. Your group may also consider some mechanism to “vote” these members into the participating group through an examination of their personal efforts to ensure they are ready for the responsibilities of the group.
Marketing Pool and Leadership Funds

The group participation fee is divided equally into the “marketing pool”, which will be used for the benefit of the Internet Marketing Group and distribution to the sponsoring member and upline members. (The following example shows a 4 level deep compensation plan and assumes a $1,500 participation fee):

1st Level: $300 (sponsoring member)
2nd Level: $225 (1st upline member)
3rd Level: $150 (2nd upline member)
4th Level: $75 (3rd upline member)

Your company’s compensation plan is likely very different, so you will have to adjust the distribution accordingly. But, for best results, it is important to keep the largest leadership bonus closest to the leader who recruited the person joining the group.

Advertising Plan

The primary advertising efforts should consist of most, if not all of the following:

Web sites that attract and market the Internet Network Group plan to potential member owners
Web sites that sell your company’s products
Pay Per Click (PPC) campaigns to bring traffic to the member web sites
Advertising on sites like, and other resume sites to attract potential members
Auto-responder “drip” email campaigns to increase response rates of prospects who did not buy a product or become a Network Internet Group member
Purchase of mail lists of prospective business owners and product users

As the fund builds from the initial online success, the marketing efforts should add offline techniques:

Classified Advertising in local and national newspapers
Entrepreneur Seminars held in member cities
These seminars will be designed to recruit entrepreneurs and,
Describe the marketing program
Feature group success stories
Screen shots of Network Internet Group financial results
Screen shots or live demonstrations of web sites
Web Sites

The “Founding Group” will build “template” sites that will be published to the web and maintained for participating members. The template sites will consist of:

Business Recruiting Sites
Working women
Over 50
Single Moms
Product Sites

As appropriate for your MLM company

The member sites will equally benefit from the traffic generated by the recruiting efforts. Business and product prospects should be assigned to the correct member by means of “load balancing” software, in round robin fashion.

The product sites will be similar but not identical in copy and tone to the Founding Member sites and the recruiting or product response links will point to the appropriate member. The member sites will share keywords and link to “Founding Group” site at the footer of each member site page.

Footer links to the Founding Group web sites causes all member sites to gain the benefit of higher Search Engine placement by sharing the cumulative traffic generated by all associated sites with minimal PPC costs incurred.

Technology Plan

All web sites, keywords, copywriting, direct marketing, even hosting and server management should be developed by and remain the responsibility of your Founding Group. Services can be bid on elance or similar technical services sites to ensure favorable pricing and prompt delivery of services.

Initial Marketing Efforts

You can start the marketing for your internet group in parallel with the technology development by offering to waive the Internet Marketing Group fee to early adopters of the plan. Those business builders would be guaranteed all of the benefits of the technology and marketing plans but would only bear the costs of the MLM company fee and their commitment to the highest sales leader monthly minimum of product purchases, for example.

This technique lowers the costs of startup and advances recruiting of enthusiastic entrepreneurs who will be motivated to build their downline while building their own businesses.

It also lowers the risk to Founding Group members by having a downline committed to the plan before dedicating financial resources to its development.


By adopting an Internet Marketing Group concept for your business, you will show true differentiated leadership to your new business recruits and your downline. Your business will show “supercharged” growth by accelerated recruiting, increased product usage and an energized and stronger downline.

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Home Loans With Bad Credit Are Attainable, If Three Guidelines Are Stuck To

For most of us, the dream of owning our own home is high on our list of priorities. The problem is getting the home loan needed to make it a reality. Unfortunately, such dreams fade as economic realities kick in and low credit scores become part of our financial history. But it is good to know that home loans with bad credit are still possible.

There is no doubting that a low credit rating does have an effect on loan applications and the sum that is possible. This is one of the biggest hurdles, but the fact does not completely block the opportunity to buy a home. In fact, home loans with bad credit are nothing strange in the lending sector.

Often finding the best deal comes down to simply finding the right lender. When the best terms are found, then everything becomes more manageable. However, before such great terms can be enjoyed, it is necessary to get the home loan approved despite bad credit scores, and three steps in particular can help to make that a reality.

Treat Home Loans Differently

It might seem that a home loan is basically the same as a normal personal loan, but there are some factors that make them very different. This is especially true when looking for home loans with bad credit, a status that tends to result in increased interest rates and APR, and a lower limit to the amount due.

What this means is that shopping around is absolutely necessary. Going for the advertised rates at the traditional lenders, like banks, is not really a good idea, therefore. There loans with much better terms available on the internet especially.

All that is needed is to spend some time extensively searching for the best offers. But, of course, in order to get any home loan approved, despite bad credit, there are some preparatory steps to take.

Be Realistic

It is tempting to go straight for the home of your dreams, but there is little point in seeking huge home loans with bad credit having a major influence on the decision. Perhaps a beach front home worth $500,000 is what is desired, but realize that a beach view apartment for $250,000 is much more within your financial reach. A lender is more likely to approve a home loan with bad credit for the second.

Remember too, that the value of property has fallen, which means that in many cases the price being asked for is actually above the market value. It is an idea then to have a property independently assessed to discover the true value.

An applicant is more likely to have a loan approved despite bad debt if a lender sees the applicant is serious enough to weed out the real price.

Provide Evidence of Progress

Lenders are willing to acknowledge the realities of an economy, and that credit scores can sometimes not reflect the full picture. When it comes applying for a loan with bad credit, showing a rating improvement, however small, can be beneficial.

The older repayment history, if impressive, can also show that circumstance was the reason for dropping scores. This can also be taken into account by the lender as part of the home loan with bad credit assessment. But a show of good habits more recently is probably more convincing.

Getting a home loan approved despite bad credit requires more than just having the right credit history, though. Being realistic about what can be afforded is as important as the loan itself.

And remember, owning property is a marathon not a sprint. Which means attaining a home loan with bad credit to buy an affordable property now, is a chance to improve credit scores and financial lot to get your dream home in the future.

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