April 28, 2012 – 12:54 PM
Jim Allen (jcal879@XXXX.com)
Asked the question – Tom, do you have an estimate of how much it will cost to inc. in Nevada?

Tom’s answer – Yes we do. We know exactly what it will be once we talk to you. Call our offices during business hours at 702-284-5806

May 5, 2012 – 11:55 AM
Lisa Phelps (lisaphelps_784@XXXX.com)
Asked the question – Is it legal to LLC in Nevada and run a Taxi Service in Illinois?

Tom’s answer – Yes. You are allowed to register your business in ANY state that provides the advantages you want. Thousands of corporations are filed outside the state they do business in. This is a common thing in business and it is smart.

May 5, 2012 – 12:48 PM
Wallace (Wallace43Osborne@XXXX.com)
Asked the question – I have a corp. registered in Nevada that was started in August 2011 but my Business address is my California address. The business has had no activity. What type of Tax consequences will I face?

Tom’s answer – None. The use of a Nevada corp does not harm you in any way or cause you extra burdens. It gives you advantages!

April 19, 2012 – 2:11 PM
Sandy (sandra_elde53r@XXXX.net)
Asks the Question – Will these methods work for a tax pass-through LLC?

Tom’s answer – Yes, of course!

April 24, 2012 – 6:03 AM
Rodney (rodney43mackntry@XXXX.com)
Asks the Question – I know you get around personal bad credit but how do you help people like I who have a rough draft business plan and is ready to get funding but hasn’t found a location yet.

Tom’s answer – We help you with everything you will need. You do not have to have a location yet. Just let us work with the plan you have so far and we will get you the funding you need.

April 11, 2012 – 6:09 PM
CHANTAEY (chantaey547diallo@XXXX.com)
Asks the Question – Who does not get these lines of credit? What is your record?

Tom’s answer – This is a guaranteed program so our track record is 100% success.

How Your Biz can buy You a Benz

From the desk of Thomas Kish,
RE: Do you know how your business can buy you a Benz.

When you are a properly equipped business owner you get access to the finer things in life. Your business provides them to you and many times they are totally deductable.

In fact, it is necessary for you to maintain the right kind of image in business so all the nice clothes, watch and other things your business can get for you are essential.

When I go shopping for my next car (soon) I think I am going to have my business buy me a black Mercedes Benz.

(I have 2 small children now so I need something practical!)

I will not have to personally pay anything for it and it will be in the name of my business.

Pretty sweet deal.

What kind of car do you want your business to buy for you this year?

What kind of trips and vacations do you want to take as business deductions?

And what kind of fine meals do you want to put on your company expense account every weekend?

All this is possible and a LOT more when we set up your business the right way for you.

These were, quite honestly, the main benefits that convinced me to incorporate many years ago.

The abundant business credit funding was a nice extra benefit that comes along with all these other things!

If you want to live the dream, remove yourself from risk, make much more than you do now you need to call us today.

Why would you wait.

You are hurting your chances to get anything the longer you delay.

Because it is like a RED FLAG if you have a business without putting the proper measures in place.

It is possible that your lack of action could make it impossible to get anything when you finally stop procrastinating and get around to looking into this.

Nevada corporate advantage

Do you have a registered business name in any state?

If you are doing any kind of commerce or business activity without having registered your business name, you are not in compliance.

If you don’t have a properly registered business name you are personally liable for all problems, your personal assets are all at risk of forfeit and all your true business debts have not be separated which is damaging your personal credit.

Plus if you do business without a real business entity you are going to pay WAY more in taxes on the same income as a properly structured business has to pay.

Sorry to say, a sole-proprietor doing business with a DBA is not good enough.

If you do not have a registered business name yet, I do NOT recommend that you try to do it yourself…you can, but are you legally trained?

Do you know what effect each of the designations will have on you and your business? We do.

Do you know how to legally keep the corporate minutes updated and the directors list properly submitted? We do.

Do you know why some businesses choose an LLC and some are formed as a C Corporation or a sub-chapter S. We do.

(online services even say in their disclaimer that they are providing the service at your direction so they take no responsibility for all the mistakes you are making in the filing)

START ON THE RIGHT FOOT

If you do not have a business yet, you are legally allowed to register it in ANY state you wish to, even if you don’t live in that state or operate in that state or even have any accounts in that state.

It is your constitutional right to pick any state you feel has the best advantages to register your business in.

I suggest you let us register your new business name in the state of Nevada for a long list of reasons.

The tax savings offered to Nevada businesses can be enjoyed by you no matter what state you live in.

If you do already have a registered LLC or Corporation in your home state then I recommend you have us set up a Nevada Asset Protection and Tax Saving corporation as a second business entity to go with your home state LLC or Corp.

You cannot do this yourself without our help. We keep the Corp legal and compliant with our physical offices and act as your resident agent here in Nevada.

Nevada registered business can be owned by people that live anywhere in any state. They offer total privacy. We have no state tax and no Corp tax.

There are many ways to save and many ways to gain protection you get from any other state.

Call us to get started now.

This kind of investment is fully tax deductible and really pays for itself in savings.

Call 702-235-3969 direct

When I went to college in Philadelphia PA I would regularly walk around the liberty bell and all the history of our nation’s birth place. It was very inspirational. And I can remember as a struggling student, working 2 jobs and writing for the school newspaper on deadline, sometimes I felt like giving up and moving back home to MN.

But when I looked at all that history I was inspired to stick with it.

So I hope today you appreciate how far you have come and the fact that you CAN succeed even if you feel overwhelmed sometimes. And today you can decide how the rest of your life is going to turn out with a few simple action steps.

Happy 4th of July.

From the desk of Thomas Kish,
Of CashflowExperts and Nevada Headquarters.

As a teacher to business owners I’m often asked what kind of salary business owners should pay themselves from their business profits.

Now, I never give specific legal or tax advice to anyone (always consult your own pro) but I can tell you what the common guidelines often are.

Most businesses MUST pay some kind of salary for the management of the business. This must be done because salary is taxed at a higher rate and Uncle Sam wants his fair share.

But during the year, you can withdraw money from your business in the name of the owner and use the accounting code designation DRAW which allows you to wait to classify the exact nature of the payment.

Then when your taxes are done at year end, you accountant can designate what percentage of these draws were for your salary and what was distribution of profit.

A good rule of thumb is to pay yourself 40% of your profits as salary to keep from running afoul of the tax code rules. And then the remaining 60% gets the best possible tax treatment!

And if you need the kind of business credit we offer, that can really grow your salary…call us!

Call 702-284-5806

Do partnerships make larger profits?

 I find a lot of confusion surrounding the concept of creating a business partnership.

 Just for the record…Every business I currently own is in the form of a partnership! And my experience indicates that sole-proprietors (single member owned businesses) make far less than properly formed and well run businesses that are established as group LLC’s or Corporations.

 Here are the pros and cons of each.

 Sole-proprietor run businesses:

 *Few tax beaks

*More likely to be audited

*Personal assets placed at risk

*No true separation of business debt from personal files

 Partnerships style businesses:

 *Most favorable tax treatment

*More business credit available

*Total separation of business debt from personal files

*Unlimited growth potential

 So don’t underestimate the ease of setting up and managing a business partnership and the huge advantages to this COMMON method that savy people have been using for years!

Here are some of the common questions we get and Tom’s direct answers in brackets.

Tommy VanZandt May 31, 2010 – 2:28:58 PM said -
Does personal credit have any bearing on the amount of credit I would receive.
(TOM – No, not if you follow our instructions of using a business name and profile to separate yourself from your business loans.)

Callie June 2, 2010 – 5:08:37 PM said –
I’m just starting out and I have no credit of any kind — will I still be able to get a loan??? (TOM – Yes, that is what we teach our clients to do quickly.)

Bryan A. McHowell June 1, 2010 – 8:20:11 AM said –
What is the length of loan offered, interest rate? How do I utilize the line of credit?
(TOM – You can use these ca$h lines for anything because they are long terms and are offered at the lowest rates in the market. We have shopped around to find the BEST.)

Leia June 3, 2010 – 12:08:03 AM said –
How long will it take to get this going once I get?
(TOM – It can be done in a few weeks. It depends on you and how fast you work at it)

Lawrence June 2, 2010 – 7:00:01 PM said –
Do you supply the lending sources? (TOM – Yes we do, we give them to our clients or we can apply for you if you prefer)

Usha June 3, 2010 – 1:29:38 PM said -
Hi, am I guaranteed a loan? (TOM – Yes, if our staff applies for you in the name of your business)

Gina Estrada June 2, 2010 – 5:06:01 PM said –
How long the corporation need to be establish. What is the score that I need to have to get this type of business loan? (TOM – Even a brand new business can get this funding with no score requirements if you follow our methods)

RILE TIPPIE June 4, 2010 – 7:16:54 PM said -
WHERE CAN I GET AN BUSINESS LINE OF CREDIT.. TOO INVEST IN REAL ESTATE. (TOM – Get ours. You can use the mon*y from our lines for ANY purpose)

Marcus McIntosh June 4, 2010 – 12:09:23 PM said -
What if you have a tax lien can you still get funding? (TOM – Yes, we show you all the ways to get the funding no matter what your situation)

Norris June 4, 2010 – 1:03:23 PM said -
MY LOAN ONLY NEEDS TO BE AROUND 25,000 TO START MY BUSINESS. I AM A HOME OWNER AND HAVE PERSONAL PROPERTY. (TOM – You do NOT need collateral to get approved for our business lines. They are unsecured and can be used in any amount you choose)

Harvey MacKay is one of my business education hero’s. And he is from Minneapolis MN just like me! (Born and Raised until I was 30)

Here is Harvey’s article…

There are literally hundreds if not thousands of little things we can do to raise the bar in our professional and personal lives. So many of these things are easy to do and can be accomplished in less than 10 seconds. They just require an
intentional effort.

What is CRITICAL to understand is that your ultimate success, fulfillment and happiness will come from doing the little things that matter.

As entrepreneur and best-selling author Harvey Mackay said, “Little things don’t mean a lot. They mean everything.”

Here is a short list of 35 things you can do in less than 10 seconds that will make you a better person, enhance your self-image and improve the quality of your life.

1. Make it a point to say the words ”I love you” to the people in your home every single day.
2. Offer a friendly authentic smile- a great smile radiates warmth, puts people at ease and makes you likable.
3. Make comfortable eye contact- your eyes send messages; establishing and maintaining eye contact with people demonstrates confidence, respect, and genuine interest.
4. Use someone’s name – everyone likes to hear and see his or her name.
5. Acknowledge people- smile and say hi to the people around you.
6. Express your appreciation- say “thank you” to everyone who does something for you even if they are paid to do it.
7. Be unselfish and put others first- it could be as simple as holding the door open for someone.
8. Offer a word of encouragement- sometimes this is all a person needs to build confidence and take the next big step. This is big!
9. Accept responsibility when you are wrong- it’s the sign of a person with character.
10. Be friendly- it lifts the attitude of others and is the #1 factor in being likable.
11. Maintain a positive mental attitude- your attitude is a choice and that choice is 100% within your control.
12. Be kind and considerate- to people you know as well as strangers.
13. Be like a dog and be the first to greet people- it helps new people entering the room feel more comfortable and demonstrates your interest in them.
14. Offer people you meet a warm greeting- this will set the tone for the entire encounter.
15. Say please- make it a habit to use the word please EVERY TIME you ask someone to do something for you even if they are paid to do it.
16. Get up and walk into the other room to speak to someone, rather than yelling.
17. Put the toilet seat down.
18. Turn your head and cover your mouth when you sneeze or cough.
19. Improve your body posture- poor posture is an indication of low self-esteem.
20. Say goodbye- make a good last impression.
21. Offer a proper handshake- a good, firm handshake demonstrates confidence and makes a good impression.
22. Give someone a hug- a hug is a sign that you really care for the other person.
23. Proof your email, text or post- this is an important component of portraying a professional online brand.
24. Click the LIKE button on someone’s Facebook post- it’s an easy way to demonstrate interest.
25. Turn off your phone in meetings- even though your phone may not make sounds, your eyes and attention will be diverted from the other people in attendance and your lack of attention demonstrates disrespect.
26. Repeat your phone number twice when leaving a voicemail- speaking slowly and repeating your phone number will make you stand out.
27. When scheduling appointments use the other person’s time zone- this avoids misunderstandings or missed opportunities.
28. Speak with life and energy in your voice- no one likes to be around people who are “dead, dull and lifeless.”
29. Walk with a bounce in your step- it’s evidence of an energetic attitude that ultimately leads to success.
30. Turn off the notifications that are bugging those around you.
31. Write things down- it prevents you from forgetting things that are important.
32. Say something positive to others about another person- reverse gossip.
33. Congratulate your opponent- good sportsmanship is evidence of leadership.
34. Introduce yourself- be proactive and introduce yourself to people whom you have never met.
35. Look for the good in others and tell them what you see- you have the ability to bring out the best in people, especially when they may not know it themselves.

As you can see, each of these tips is easy to do. They don’t require any formal education or financial investment. We can begin to incorporate them into our lives this very minute. All we need is to be conscious of them and be willing to take 10 seconds to do them.

An EIN is a federal identification number issued by the IRS to identify a business entity (similar to a social security number being issued to identify an individual, except that an EIN is used to identify a business entity instead of a person).
An EIN is also known as a Tax ID number. Legally, you are required to identify your business with one of two numbers: either your social security number or an EIN.
Generally you need an EIN when your business:

• Is new
• Hires, or will hire, employees
• Is an LLC or Corporation
• Opens a bank account

Small business owners should get an EIN and use that number as the only way to separate your personal credit and personal liability from your business activity.
There is no personal asset protection or personal credit protection for people that do business as a sole proprietor.
Furthermore, banks require an EIN in order to open a business bank account.

Have you seen the raw and uncut video I posted on Youtube about how to season money using business credit?

This video answers one of the big questions of how do we pay back the lines of credit in a start-up business.

Watch it at: http://www.youtube.com/watch?v=4ULWbthI_RE