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Hello, I few questions about my new small business. I just started a Production and Game Design Consultation business and I just got my first big client and I start working with them next week. I have everything set up, including a bank account.

Now I’ve never run my own business before so I don’t really know how it works. I have a home office, I already own everything I need and I am my only employee. So all of the money my company makes with this client will literally just go straight to me.

Now my question is this. My understanding is that when this company pay my corporation they pay it in full, as in not taking tax and stuff out.

Do I need to do something special to hire myself? How do I take the taxes out? I think I can sign up with some IRS thing where they do it. But I don’t know. And bank of america says they help with it too.

I’m really looking for someone that is there own business that pays them self and how that works. Please help?

This all is happening very fast.

By: thenadamgoes

naturally, in the beginning of usa, there was not any super-overwealth - plus the founding fathers wisely prohibited entail & primogeniture inheritance, & fixed clergy salaries, to prevent the unjust wealth concentration that had made european tyranny & abuse of human rights

altho jefferson & lincoln warned against the corporation, [which never dies & so could get round their inheritance provisions to prevent unjust wealth & power concentration] the american rulers [the people] failed to prevent unjust wealth & power concentration [robber barons, corporations, multinationals, tammany hall politics, strangulation of govt by oilmafia etc] - & now america has the usual symptoms of tyranny: corruption, monopolism, fascism, oppression, economic breakdown
[eg, 7 of top 10 banks gone to japan, japan & others taken over electronics & car industries, big business interference with freemarket, competition & govt, galloping debt [to japan & others], tokyo worth as much as usa + europe, etc]

By: nigelbestpeace

Imagine you were the President of the United States of America. And you needed some money. So instead of having to go to Congress for the authority to print more money, you instead came to me. And I tell you that I will give you any amount of money that you want, and that you wouldn’t even have to pay me back. The American people eventually will pay me back. And because the citizens don’t like taxes, we decide that instead of it being a direct tax, it will be an indirect tax caused by inflation due to the fact that you’re letting me print more money. So I print a trillion dollars for you, give it to you with a nice big bow on it, and say, here you go. You spend the money, and it trickles down into the hands of your people. Now, people are jumping for joy, because there’s more money in the system and everyone appears richer. And even though the value of the dollar will go down since we just added a trillion extra dollars into the system, it’s no big deal, since the people will never realize that they have to pay a hidden tax due to the inflation. In addition to this, since most of the money is going to be in the form of low interest bank loans, the people and businesses will have lots of money to borrow and be locked in a lifetime of servitude. Eventually, Mr. President, every big corporation in the world will be owing you money.

So, if you were the president, what would you think? You get all the money you want, and because my hands are getting dirty, you don’t need to tarnish the delicate system of checks and balances. Plus, as an added bonus, you’ll make the economy look better, all while secretly ripping off the very people that fall in love with you. Sounds great, right?

Now imagine if you were that American citizen or business.

By: …

I guess I will start by explaining my story. I would basically like to know what you would do in this situation, are there any legal steps I can take against them? Please let me know. January of 2008 I applied and was hired for an agent position with West Corporation (a telecommunication company thats “services include processing of customer initiated contacts, automated voice response services and direct marketing services, over the telephone and Internet.” on the Bank of America line group (there are several different client based groups throughout the building.) Anyways, I was hired and have been working on this line group processing credit card and loan requests over the phone for 9 months. When I got the job initially I asked my interviewer, a woman in HR, and my trainer if it was against company policies to wear my piercings at work (I have my lip pierced twice and my nose twice). All of them said it was not a problem as this was not a job where I would be seeing the customer. In my entire 9 months of employment not one supervisor, manager, employee or CEO has said a word to me about my piercings. I have shook hands with Don Lawson who is the site director and he never said anything. Well last week I applied for a new line group within west corporation working on the PAL line group as an aide for at home agents. I had my interview last thursday with the operations supervisor for the line group. I was hired that day and Friday I had orientation. Both of those days John (the operations supervisor) never said a word about my piercings. I started training on Monday at 10am I worked monday, tuesday, wednesday and thursday…nothing was said. Friday I come in and John informs me that there is a West policy that states employees are allowed one discreet facial piercing. I asked him to show me this policy as I didn’t believe it seeing as I have been working there 9 months. Sure enough there is a policy on the employee website but I could not find it in the actual policy manual. Anyways to make a long story short I think it is awful that they are giving me an ultimatum of either loosing my job or taking out my piercings. It is my cultural belief that one should be able to do as they please with there bodies and I feel as if I am being singled out and discriminated against. All the other line groups have plenty of people with piercings. Is this discrimination? Am I being singled out? Is there anything I can do about it or what would you do in my situation. I have bills to pay and I am scared of loosing my job but I need to decide what I am going to do monday morning when I arrive at training. I just dont know if I can take my piercings out and feel like I’m not letting someone walk all over me and not standing up for my beliefs. Any suggestions would be appreciated.
Also, I realize due to social stigmas that to some people a piercing may be seen as nothing more than a fashion trend. Its like wearing a bracelet its just an accessory. Well to someone like me it is more than that. It is deeply rooted into my beliefs that one can do whatever they please with their own bodies. Noone else has the right to tell me I am less of a person or uncapable of performing above and beyone what the average employee could because I choose to pierce myself. I am really just looking for some insight. A similar experience maybe or a suggestion?

By: furtherfr0mtruth

I hate these fast food chains and their multi billion corporation asses . trying to get the money from the public.
anyway I paid for my combo at this near by wendy’s using my debit card and it seems they dn’t have a receipt because the printer is broken.

Now i am furious and i am telling the guy , I need my receipt
because I think it was the fair thing to do . I need a proof that I bought somethingn using my debit card. I dn’t want my bank balance to be wiped out next sunday when i check how much I have in my account.

So the guy is telling , sir the printer is broken , we will give you a regular receipt . with no debit card info on it ( u know the last 4 digits ) ..
i realzed there was no point in reasoning with this guy
So finally I told the old guy , alrite , “Sir, i am gona leave now , but i am gona come back with my cousin , who’s a lawyer, will u have 5 minutes to talk to him ”

well i wasn’t really gona do that ,
BUT IS THIS LEGAL?i dn’t understand , NO RECEIPT OF PURCHASE?

By: sum142121

If you have earned income, which of the following retirement devices must you contribute to, by law?
A. Pension plan
B. IRA
C. Social security (FICA)
D. Vesting plan

2. Car insurance that pays for your injuries when you’re in an accident in your car is _______.
A. comprehensive
B. liability
C. medical
D. collision

3. Jane Marko buys a car for $11,400.00. In three years, the car depreciates 48% in value. How much is the car worth in three years?
A. $3,800.00
B. $4,788.00
C. $5,472.00
D. $5,928.00

4. Which of the following devices imparts ownership in a corporation?
A. Stock
B. Bond
C. Savings account
D. U.S. Treasury Bill

5. Ray Cupple bought a basic car costing $10,150.00, with options costing $738.00. There is a 6% sales tax in his state and a combined $50.00 license and registration fee. What was Ray’s total cost?
A. $10,938.00
B. $11,541.28
C. $11,547.00
D. $11,591.28

6. The Hamilton Brush Company issued 2,500 shares of common stock worth $100,000.00 total. What is the par value of each share?
A. $25.00
B. $40.00
C. $400.00
D. $250.00

7. Which of the following is intended primarily to enhance a person’s tax advantage and retirement income?
A. U.S. Savings Bond
B. Growth fund
C. Money market fund
D. IRA

8. A share of stock in the Bree Medical Supply Company is quoted at 35 1/4 . Suppose you hold 20 shares of that stock, which you bought at 31 1/2. If you sold your stock at 35 1/4, which of the following would be true?
A. You made a profit of $75.00.
B. You suffered a loss of $75.00.
C. You made a profit of $705.00.
D. You suffered a loss of $630.00.

9. What is the first step that a smart new-car buyer should take before talking to salespersons and putting a deposit on a car?
A. Shop around for a car loan.
B. Obtain car insurance.
C. Study the car market.
D. Test-drive the car.

10. Jane has a checkbook balance of $68.00. She then writes two checks, one for $5.00 and one for $62.50. She also deposits $75.00. She then uses her calculator to determine her new balance. Which of the following is the correct series of keys she should press?
A. 6 8 + 7 5 - 5 - 6 2 . 5 0
B. ON/C 6 8 - 5 - 6 2 . 5 0 + 7 5 =
C. 6 8 + 7 5 - 6 2 5 0 - 5 =
D. ON/C 6 8 + 7 5 = 5 = 6 2 . 5 0

11. The Emerson First National Bank is lending you money to buy a new car. The loan agreement will probably state that you must carry _______ insurance.
A. liability
B. collision
C. no-fault
D. medical

12. On which of the following types of policies is it a certainty that the insurance company will have to make payment? (We have assumed that the policy has been kept current, payments have been made, and the insurance company remains in business.)
A. Life insurance
B. Comprehensive car insurance
C. Medical insurance
D. Liability insurance

13. The major difference between a calculator and a computer, when performing calculations, is that a
A. calculator is faster but needs more human assistance.
B. calculator is slower and needs more human assistance.
C. computer is faster but needs more human assistance.
D. computer is slower but needs less human assistance.

14. Your _______ should furnish enough money to live on, in an emergency, for six months.
A. investments
B. savings
C. interest
D. IRA

15. Which of the following best describes term life insurance?
A. The insured is covered during his or her entire lifetime.
B. The insured pays the premium until his or her death.
C. The insured pays a premium for a specified number of years.
D. The insured can borrow or collect the cash value of the policy.

16. All insurance is based on a principle called
A. premium earnings.
B. investment premiums.
C. division of risk.
D. cash value coverage.

17. In a health insurance policy, a statement that an applicant won’t be covered for a certain pre-existing condition is called a/an
A. exclusion.
B. supplement.
C. waiting period.
D. major medical coverage.

18. The coverage included in an automobile insurance policy that covers property damage is _______ insurance.
A. supplemental
B. liability
C. major medical
D. term

19. A master plan is devised for
A. emergencies.
B. investments.
C. short-term goals.
D. long-range goals.

20. A _______ is invested by managers in a diversity of stocks, bonds, and other securities.
A. series EE bond
B. promissory note
C. preferred stock
D. mutual fund

By: victoria_goudy

I live in the state of Texas now, but I use to attend college in South Dakota. I took out a federal student loan and when I left in 2005, I began attending in a community college in Aug of 2005 until Spring 2007. I am now enrolled for January 2009 classes to finish up my degree. Yesterday I got a letter at my job from the Education Assistance Corporation for my employer to “ORDER OF WITHHOLDING EARNINGS”. I tried to contact an agent, and she would not give me a payment plan, instead she demanded I sign an authorized statement to give my bank account number so that they could take the money out every month, and if I pay for the next 9 consecutive months, they will put my loan in a rehabilitation program which will take it out from default. I was told that it was not advisable that I give them my bank account number. Does anyone have any advice about what I could do? Is it possible for me to set up a payment plan, or is it too late? I was also told that there was some law that prohibited them from garnishing my wages in the state of Texas which is where I am employed, is this true? I thought they had to take me court before they could start garnishing my wages? Can I consult an attorney?

By: pdimepc

I know is it a scam. The guy I called assured me that I needed to use the money to provide insurance on the package I would be receiving with my prize inside. At any rate, I was to take a good portion of the money to a “government institution” called Moneygram ( give me a freaking break) and send it to a specified insurance “agent” who would then coordinate the delivery of the package. My question, more importantly, is ‘do people really fall for this crap?’ Secondly, does an upstanding corporation like Global Strategy Group, LLC actually know they are being used in this fashion, and if so, how come it continues. Thirdly, does Chase Bank (the bank the check is drawn on) not have a clue about this either? Totally amazing….

By: iam O

I and my partner are looking to open a franchise in the next six months and in the process of clearing up the rest of our credit along with saving six months for capital but we will need a loan under a new corporation. We are wondering due to the crisis if we should wait for a year after the dust settles or will the six months lenders might be more agreeable to loan for small business. Even though the financial crisis may clear up it is evident we are heading to a recession in which it might be better to stay at the old job or try for a higher paying job. My partner and i consider the franchise as recession proof and we are able to save until we open but we definately will need a loan to be able to open without piercing the corporate veil! I understand it may take 1 year to two years for a bank to look at you for a large loan but we are just looking for start up to go with our capital. We are applying for the corporation and credit clean up is definately in the works for our score but a little worried that we may have to wait indefinate for a loan. Any suggestions? I saw in the other emails bad loan.com may not be the thing to use after the financial crisis so we are wondering besides borrowing and saving ( no home sorry!!) what else can be done. Will the late for small business be long? By the way what exactly is a credit line for small business what is it used for ? is it the same as money?

By: dablack2004

Dear: Ghazi Khan,

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Please find details of the Courier Service Company below:
MR JOHNSON MOORE
SCARLET COURIER DELIVERY COMPANY
Customer Information and Enquiry Department
Unit B3, Kingsland Close, London United Kingdom
Email: contact_scarletcouriercompany01@yahoo.co.uk
Tel : +44-704-573-0432
+447031966909

Please note that Contact should be established within twenty four hours of receiving this email so that details of the delivery of your cheque will be communicated to you. In establishing contact, the number: TAT35468UK should also be included, in your email among with your full informations:

Full Names:
Contact Address:
Direct telephone numbers:
Occupation:
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TICKET NUMBER*
SERIAL NUMBER*
BATCH NUMBER*
REFERENCE NUMBER*

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By: Ghazi K