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New develoment the media avoids to inform US citizens about, American Predators at the helm.

You are not thinking outside of the box my simple one. The largest "tax predator" by far is the liberal left of this country who will tell us how to live our lives and fund anything that is politically correct. The IRS and state revenue departments are symptoms not causes.

I am a start-up business baking pastries and cakes in my home. I have seen sample business plans and my business does not have a projected revenue yet. I am told by others write a business plan. All of the plans I have seen have large financial projections.

You will need a business plan if you will use it to:

- Support a loan application
- Raise equity funding
- Define objectives and describe programs to achieve those objectives
- Create a regular business review and course correction process
- Define a new business
- Define agreements between partners
- Set a value on a business for sale or legal purposes
- Evaluate a new product line, promotion, or expansion

You will get a lot of advice that a business plan is needed.

However, what you need is the process that a business plan entails — that is, the process of thinking through the business.
It will help if you follow the outline of a business plan — e.g. defining your business, determining your unique selling proposition, identifying your target market, determining how you will market the business, knowing how much you need to launch the business successfully.

If you will not use it to apply for a loan or find an investor, you need not write your business plan.

There was an article from the Wall Street Journal that questioned whether a startup really needs to write a business plan and this is one of the studies they found http://startup.wsj.com/columnists/enterprise/20070110-spors.html

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A study recently released by Babson College analyzed 116 businesses started by alumni who graduated between 1985 and 2003. Comparing success measures such as annual revenue, employee numbers and net income, the study found no statistical difference in success between those businesses started with formal written plans and those without them. The study concludes that "unless you need to raise external start-up capital from institutional sources or business angels, you do not need to write a formal business plan."
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You don’t need a written formal business plan to succeed. However, you need to understand your business and know how to navigate the market in order to succeed

When Government uses various enforcers to milk the public for money under the guise of pretend laws (not common law crimes) does this not breed contempt for the law?

And having bred contempt for the pretend laws, obviously screwing us out of money, does this not generate more revenue?

Vicious circle.

I have mixed feelings on that issue.

It’s pretty evident that hitting someone in the wallet is generally the most effective way of changing their behavior, short of jail time. In a lot of cases, someone has genuinely done wrong, and the fine is just the punishment that comes with the act.

On the other hand, there ARE those speedtraps…we’ve all seen them…where it drops from 50 to 35 with no notice, yet still a rural or highway setting, at the bottom of a hill, always manned, etc.

Some of it is necessary, but I assure you some of it is an absolute scam.

what do you think would the most direct and quickest no bull crap way of getting that additional revenue as quickly as possible???

Cut defense spending. Over a trillion right there….not that all of it could be cut. We should just close most overseas bases and make sure whatever has to be spent is spent at home.

http://www.warresisters.org/pages/piechart.htm

Please help me.
i am an accounting student, my teacher let us conlude the expect revenue, cost of goods sold, operating expense and net income for the next year for a company like comapbell’s soup Inc. It is NOT allowed based on management or analyst projection , make my own decision. What resources can I refer to? please advice, thanks a lot.

Same As Last Year is usually not too far off.

Perhaps you can look at the last 5 years’ financial statements and see the trend from year to year. Then guess that next year will continue in the same way.

For example. I’m a business in Illinois. I make a sale to georgia. Do I have to pay the IL dept of Revenue sales tax on this item? (I didnt collect any). My accountant sent me this link (http://tax.illinois.gov/TaxForms/Incm2007/Business/Partnership/IL-1065-Instr.pdf) page 8 and says I need to pay tax on ALL sales even those outside of Illinois. I think he is wrong What do you think? I appreciate it

We are a ND business. We deliver to MN and SD also. We collect sales tax for all 3 states and remit the proper tax to each state. If its shipped to SD, no ND tax is owed. When we applied for our sales tax license, they made us contact the neighboring states and get tax id numbers for those states. So we have to remit tax to each.

We do buy parts from WI that is shipped to ND and no tax is being asked to be paid by us to that vendor. HOWEVER, we have to remit that as USE tax to our state.

Each State Tax Dept has different rules and regulations. I would THINK if you make a sale to a state that is not neighboring IL, then no tax needs to be collected. But that receiver of the product has to pay use tax on it.

Contact your State Tax Commissioners Office ASAP and get this straightened out. We just went thru a tax audit last year and besides being a nightmare…..it lasted a month…….we ended up owing thousands of dollars. If you are new business, they will be likely to do an audit to make sure you are doing things correctly. Least that’s what we were told…….the state wants to make sure you understand everything and are collecting and submitting the tax correctly.

Iam looking too get the money a person lost in a court case and dose not want to pay back too me looking too garnish his income tax or welfare .

in canada

Judgments are not automatically enforced in Canada. That means you’ll need to find a lawyer to do this. I recommend doing it quickly because judgments expire and people move and change identities, etc…

573 751 4450

dont forget my ten points

What is the largest single component of federal revenue?

A. import taxes
B. taxes from state revenues
C. corporate taxes
D. individual income tax

From the 2007 federal revenue report:

Individual income taxes: $1.163 trillion

Corporate income taxes: $370 billion
social security taxes: $824 billion
unemployment taxes: $41 billion
other payroll tax sources: $4 billion
federal exise taxes: $65 billion
federal estate taxes: $26 billion
federal customs charges: $26 billion
other federal revenues: $47 billion

The "other" categories include sources that are too small to report seperately and include things like fees, tax penalties, interest on late taxes, returns on investments held in fiduciary funds, etc.

What is the difference between on account and cash receitps in terms of accounting? Thanks!
Thanks, that helped a lot!

Cash Receipts, the company gets cash. (Credit Sales, Debit Cash) If it’s paid on account, the company is giving short-term credit to it’s buyers, (Credit Sales, Debit Accounts Receivable). When the purchaser finaly pays his invoice, you would Credit A/R, Debit Cash).

I hope that helps.