Tag: one-to-one-marketing-Outsourcing-firm-Pune

The IRS Dirty Dozen Tax Scams: Frivolous Tax Arguments

Each year, the Internal Revenue Service releases a list of the 12 most popular tax scams for the year. The 2008 list is out, and I thought it would be fun to go through them individually to show you how criminals are trying to take advantage of taxpayers. The basic idea behind all of these scams is simple: prey on a taxpayer’s fear of the IRS or their desire to avoid paying taxes.

Use the information here to help avoid being taken advantage of by a scammer who wants your money. And use this basic rule of thumb for any offer or communication regarding taxes: If it sounds too good to be true, it probably is. Don’t get fooled by claims regarding mysterious refunds or tax bills. When in doubt contact the IRS directly for help with your situation.

One common scam involves charging taxpayers a fee in exchange for helping them avoid paying taxes… using what the IRS calls “frivolous tax arguments.” Essentially, these arguments are bogus claims regarding the tax law that the scammers use to make you think you don’t have to pay income taxes.

Quite simply, these are fraudulent tax avoidance schemes, and you can end up in a lot of trouble if you use them. Don’t pay these scammers a fee for wrong advice which could cost you a lot of money down the road in taxes, interest, penalties, and legal fees. Follow tax advice only from a reputable tax preparer.

Wearing Out the Welcome on the Phone

One school of marketing says you should call your clients and leads fairly often. Doing this keeps them from forgetting about you and reminds them you are still there for them.

But how often is enough and how much is too much? Time for an example. There’s this training company I’ve used the past and a particular sales representative from that company calls me to let me know of classes they’re offering. So far so good. But in the past 8 or so years I’ve had the need for their training maybe 3 or 4 times. Yet the sales representative calls me every week!

Clearly this falls under the category of wearing out the welcome mat or “don’t call me, I’ll call you”. I wouldn’t mind if she called every so often, but every week is excessive given my minimal need for their services.

If you’re using the phone in your home based business to stay in touch with existing clients or follow leads, make sure you don’t cross that line into the territory where you aggravate them. In addition to it being bad customer relations, an aggravated client or lead might not think twice about looking elsewhere for their services.

Achieving real estate success: how to become a full-time investor

Home » Business Tips » Achieving real estate success: how to become a full-time investor
June 19, 2018 Frank Bullock Business Tips
More and more people strive to identify efficient ways to earn a living in order to avoid staying in the office five days a week from 9 to 5. Therefore, we can safely state that becoming an obedient employee forced to endure the lectures of a strict superior no longer represents the norm. In fact, nowadays, this traditional method of making money is not just boring, but also obsolete. From renting out an empty space like a room or the garage and exploiting personal skills to create products or services sold to consumers online to affiliate marketing and investments, those who decide to become entrepreneurs have many options at their disposal. Since real estate undoubtedly represents the most profitable industry, it easily becomes a target for those who aspire to become full-time investors. However, before taking any action, these people need to realize that such a decision comes with sacrifices and risks. Indeed, real estate investing seems a foolproof way to achieve success and financial stability, but how do you determine if you are ready for such a career?

Answer the following questions before making a decision

Before making the jump, determine if you at least master the basics of real estate investing. Do you know what type of investment do you want to approach? What draws your attention, residential, commercial or industrial real estate? Are you familiar with the rules and regulations of a 1031 exchange for rental property? You probably heard about its benefits, but what about the restrictions associated with such a transaction? Are you fully aware of the financial responsibility that full-time investors have? You practically handle money to earn a living so you need a support system, whether we are talking about family and friends motivating you or a local network including real estate investing enthusiasts who share the same objectives, you have to assess your skills objectively and find the necessary capital, unless you already have it, you have to monitor projects and realize that employees and subcontractors rely on you. Have you considered connecting with a mentor with breadth of experience in your niche?

Key elements that you need to achieve real estate investing success

Once you complete the phase where you provide concrete answers to the questions above, you should know that in order to increase the chances of achieving success in real estate investing, you need three main key elements, namely a well-thought business plan that will help you use all your resources effectively and manage risks, specialized knowledge to ensure the development of your business and capital, just like mentioned above. If you had a 9-to-5 job, but you quit because of your high hopes associated with real estate investing, then you have to be aware that you might have to bear some aches in the beginning. Make sure that your relationship with the bank is a positive one so that you enjoy financial support during this important transition. Once you embark on this journey, there is no way of turning back so analyze the advantages and disadvantages before making a final decision.

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