How will your taxes be affected if you did not carry medical insurance? Live presentation

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EBOLA....Surface treatment should be the 1st line of defense!!!!!! Here is that initial Protection!

A Liberian Man died yesterday of Ebola. Why was there no medicine or vaccine for him? Why is there not a first line of defense established as a protocol for travel, restaurants and other public facilities? I say we are all at risk and policy should be in place or liability should be assessed upon public and private domains that don't take the necessary precautions.

Lawyers should make an example of companies that don't do the minimum, such as surfaced base defense. Protocol guidelines should be to test, treat, and test again. No one people, company or government has adopted the proper lines of defense to establish protocol against the viral and bacterial war.

There is a local company that test for viral loads in public places, restaurants, sports stadiums, hospitals, airports, malls, meat packing plants and other locations. Their testing identifies virus's and bacteria that will cause infection and spread disease. The company also has effective treatment for these facilities. They have treated a host of facilities and hospitals.

They recently received the Lt. Governors award for best new technology for the state of Georgia. Their surface based treatment can effectively kill Ebola, MRSA, HIV and a litany of contaminants on contact that would kill humans or cause sickness. The treatment continues to kill for up to a year. They use a TiO2 mechanical particle that encapsulates and stops the virus from breathing or eating. Afterwards, it destroys the virus by tearing it apart. No adaption opportunity for the germs.

This is what is considered by a lot of companies and scientist within those companies as a first line of defense against the germ warfare. By the way many public facilities have been tested and I think you would find the results in your own facility quite stunning. They have treated facilities and tested before and after with third parties to protect the integrity of the results 12 months out.

 I believe that I could get these guys to provide treatment product and protocols to Missionaries in Africa to assist in stopping and eradicating the spread of Ebola. Here at home we need to encourage all powers that be to do the same. CNN and other News agencies should follow the progress of the offering of such solutions to reassure Americans that we are safe and give the world hope in the wake of this crisis. Let's stop Ebola and all strains from spreading and create a first line of defense. Prevention saves lives. Call 888-753-2521 for more information.  Share this with someone you love.

Travel Alert-Watch Out for Priceline.Com and American Airlines!

The last time I did this I was initially told no by the giant of a hotel, but in 30 days I received a check for $600.  Not about the money it is about a wrong being corrected. Every once in a while hiccups occur that should not go un-reported by consumers, because after all, it could happen to you.  This is what happened to me and this is what I did. 


I booked a trip via priceline.com to Nassau flying out of Orlando MCO to Miami and then to Nassau.  Hotel accommodations included in the fair.  I am quite used to airports but because I live in Florida I have never flown into or out of surrounding cities.  What an experience.  I am used to Hartsfield-Jackson International and Jacksonville International where I know people, but Orlando is a different animal. 


I left from Jacksonville and thunderstorms arose from no where covering much of the state and the rain was a pour.  Prohibiting fast travel.  I got to the airport at 7:30pm and was not so busy no luggage to check, just a few gates, no lines, so I thought I am good right? Wrong!  When I got to the counter for American Airlines it was empty.  Now this was startling to me because they had planes on the ground and that is just good business.  Their kiosk did not work so there was no way to check in or obtain a boarding pass.


TSA directs me to the baggage claim for help and no one in baggage claim would contact customer service nor could they help.  I contacted customer after 3 hours of dropped calls and long waits for contact with a human voice.  Customer service had canceled my flight as a no show and told me that I had to book another flight.  There where 2 legs to the flight.  So I could see canceling that leg, but to cancel the total flight... are you serious? 


Priceline informed me that they could do nothing, but they would be keeping my money and that was that.  Now me being the person that I am...I call a spade a spade and this was clearly wrong and unjustified.  These airline mergers and reduction of service do not serve the public at all.  Flights keep increasing while service suffers and consumers are treated with disdain and don't seek avenues for resolution and that provide notice to other consumers.  


I am delayed on a business opportunity as a result, but I did get smarter as a result of this rendezvous with injustice.  I went direct to a counter in Ft. Lauderdale and found that JetBlue and Nassau Air are inexpensive and accommodating.  Direct is better then priceline and airlines with increasing deficiencies.  I am an advocate for destination countries Airlines and I will fly via their Airline in the future because after all if I am traveling to a country that has their own why not be direct, American businesses in some cases take local consumers for granted.  We need to take the time to deliver complaints and avoidance of businesses that have a don't care attitude. 


I am boycotting American Airlines and Priceline.com pending resolution of the complaints that I have filed against both as promised to there customer service teams.  I escalated my concerns, but did not get resolution with their customer service team most of which is outsourced and without teeth to act.  This in itself says that companies hire teams to hear concerns and provide no effective remediation via escalation and they have no way to make a consumer whole. 


I filed complaints with a Consumer Complaints Organization, FAA, Federal and State DOT, FTC, Inspector Generals Office, DOJ and Attorney Generals Office.  I plan to issue letters and direct letters to my attorney.  File a civil and criminal complaint as well as file a UCC claim against the CEO, President and Operations Officers of both Business as well as the corporate entities themselves on any assets that I can identify.


Now this may seem overboard, but if you are wronged you have to let the parties that wronged you know first that I don't want to engage in litigation, but if you do not make me whole that I will engage and I will not stop until I have resolution.  Please take note and do the same when this happens to you.  If you are interested in the results subscribe to this blog.
https://forumforenterprise.blogspot.com
File your own consumer complaint at:
http://www.consumercomplaintagency.org/

Business Framework for control, group investment, tax compliance and protection.

Global Enterprises Trust assist many businesses in determining and establishing the framework that is essential for achieving success, control, tax avoidance and protection.  The primary goal is to maintain integrity between investors that have pooled their resources for investments and protecting those investments. 


The last thing that is needed is for values to diminish after an investment is made.  No one is interested in bringing parties to the table that cause dilution of hard earned investment dollars.  Therefore, vehicles and buy/sale arrangements have to be planned and thought out long before anything occurs that will cause values to lower because investments are sold as a distressed item and not as a valued commodity. 


Criteria for acceptable parties must be established for those invited to participate in an investment pool.  The initial criteria is the investment vehicle is going to be an S Corporation.  Therefore everyone should sign stock purchase agreements that will stipulate that stock will be purchased by investors that are invited to invest and held for a period of time before any buy sale action will be valid or activated. 


The only reason for not adhering to this agreement is termination for cause such as malfeasance, fraud, violations of fiduciary responsibility for active parties of the corporation, or eminent default of a return to investors of their initial capital.  The only calculable termination is eminent default which would result from making a bad investment outside of the established investment criteria or unforeseen market conditions that are beyond any of the parties control that causes the asset purchased to lose value and not be sold for at least investment cost.


Each investor in this case should have disbursement of profit to a simple LLC which will allow schedule C reporting of expenses related to meetings, travel, investing that is direct to the investor.  Any investment into the LLC that purchases equipment etc., offers depreciation and on investment by the LLC into other organizations can be capitalized and amortized.  A lot of flexibility here. 


Investors seeking a Trust, a ROB, a self directed IRA disbursement into a ROB C Corp should raise their hand for the structure request for these vehicles.  Each one has tax advantages and limitations depending what is to be achieved with the particular investment program.


Buy/Sale agreements should be signed by each investor as well as an affidavit stating that each investor is qualified to invest funds that the investment of these funds present no hardship to their existing financial position.    An investment criteria should be signed and any investments made outside of this criteria be done by corporate resolution that is provided as a result of quorum vote. Voting should be authorized to occur via conference call, Skype conference, or teleconference. 


Investment criteria will be based on property purchased at 50% below market and resold at a minimum of 65% of value as is or 85% of value ARV.  A minimum of one investment using 70% of funds should be turned over per quarter to turnover 100% of funds semi annually.  In a perfect world, the funds would turnover every 90 days and be readily available for reinvestment.   


Investment estimated profit and loss will be provided upon investment inception disclosing details such as subject property address, interior and exterior pictures of the property, assumed value based on comps and research, cost of renovation with quotes and job cost reports (if required), potential buyers and/or tenants, life cycle of the project and proof of prequalification or lease, disclosure of how property will be titled, Trust, LLC or Company.


Upon purchase, sale, lease and/or renovation completion and sale.  HUD 1 will provided to the parties with a full accounting of revenues and expenses.  A summary of overall project any variances report good, bad or indifferent. 


Funds will be disbursed according to corporate resolution, individual direction and or agreement. Investment Management provided by Global Enterprises Trust.  Accounting services provided by Global Enterprises' Trust agent Chet Jones.  Real Estate and Tax Deed Acquisition and Sale provided by Michael Scott.   Wholesale properties provided by Unity Investment Group.  Call 888-753-2521 for more information or email me at chet.thecontroller@gmail.com








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Obtaining wealth is easy, having the discipline and nerve it takes will require courage and faith! Several steps to change courses away from tax and continual cashflow!

I have given tons of advice and direction to those who seek wealth, but lack courage, stamina and/or discipline to get to the next step.  Many people would see me and lack enough courage or faith to use the direction that I lay before them, sought other experts that lack understanding and then come back a few years later in the same or worse position. 

 

Currently, if you evaluate your current position are you financially fit?  Are you tax free?  Have you used debt to increase your wealth? Can you access cash out of your CD or IRA or SEP or 401K without the risk of incurring penalties?  Do you have cash in a bank or CD earning under 50% interest annually?  Do you have cash in a mutual fund that you control?  Do you have a guaranteed wealth position?


I would assume for many that your answer to all these questions are no.  If you answered yes to any of these questions then I am all ears as to how and would love to compare plans, but if no, then I would like to sit down with you and redirect your path by providing you with a clear path to financial success by using a system that is customized for you in your current position. 

• Obtain a self directed IRA, Rollover any or all of your investments into a self directed IRA or SEP
• Obtain Universal Life Insurance Policies for yourself and your children using our strategy for tax avoidance.
• Buy a businesses out of our pool with cash flows and leverage the cash flow to expand and pay return your capital...(repeat)
• Buy a tax deed out of our pool of tax deeds obtain quiet title in 60 days and resale property upon receipt (pre-qualified buyers available) or keep and lease for cash flow.
• Purchase properties out of our property pool and resale property upon receipt of title in 10 days (pre-qualified buyers available)
• Use HSA to assist in lowering tax liability and obtaining medical coverage that provides a tax credit that provides a refund an lowers tax liability
• Invest in properties that provide tax credits and lower tax liability.
• Invest in offshore companies, IRAs and Trusts that provide income that is excluded from taxation. 
• Establish Trusts that provide asset protection and direct non taxable income into wealth plans for your children, grand children and generations to come.

Let's start with where you are now and no matter where it is and obtain a real path toward financial success that is achievable in 60 months.  Let me just say that if you don't reach your financial goals in 60 month then every fee that is charged by me will be returned to you paid in full. 

 

There is limited space available and therefore everyone is not eligible for this program because I can only take on a select group every six months. Therefore, interested parties should contact me and request a financial fitness evaluation at chet.thecontroller@gmail.com  or call 888-753-2521.  Let me provide you with a free financial fitness evaluation to customize a program customized for you to accomplish your financial goals in 60 months or less. 

 

 

 

 

A Ray Of Hope For Affordable, Convenient, Quality Health Care

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There are few palatable prescriptions for the ailing health care industry, but telemedicine continues to provide some welcome relief. (Photo credit: Wikipedia)

Steven Brill’s recent 24,000-word cover story in Time captured, in demoralizing detail, all that’s wrong with America’s bloated, dysfunctional health care system. How about a ray of hope?
It’s called telemedicine. Say you have symptoms of a sinus infection or the flu, or even need a trip to the emergency room. Rather than wait days for a diagnosis from your primary doc, a telemedicine service can get a bona fide physician on the phone, by email, or on a video screen via Skype in 60 minutes or less—24 hours a day, seven days a week.
“Our health care system is broken in many ways, but telemedicine is a game-changer,” says Daniel McGugin, partner at Virtus Benefits, an employee benefits provider in Nashville, Tenn.
Good Medicine For Small Business
McGugin shared one case study involving a 150-person trucking company he’ll call “Abecee Transportation.” (Virtus won’t release real client names.) This month Abecee faced a 17% increase in its health insurance premiums. To ease the pain, the company considered switching to a plan with a higher deductible. That would have saved $150,000 a year in premiums; it also would have aggravated Abecee’s employees who would be forced to pay a bigger portion of their medical bills from their own pockets.

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Enter telemedicine. In 2012 Abecee paid $120,000 in claims for “non-emergent” doctor visits (the sniffles and such), including expensive trips to the ER. According to a recent study by AmeriDoc—a leading telemedicine provider, along with Teledoc and Consult A Doctor—17,000 patients with access to a telemedicine plan reduced their number of visits to doctors’ offices by 30%, and to hospitals by 60%. At those same proportions, Abecee would save roughly $65,000 in claims. Cost of AmeriDoc’s telemedicine plan: $24,000.
As for Abecee’s employees, they’d get to keep their health benefits while not wasting productive hours schlepping to a doctor’s office or an ER. A 2010 report by Press Garney, a health care consultancy in South Bend, In., found that the average ER wait time is a little over 4 hours. AmeriDoc guarantees that doctors in its network respond within an hour.
“Health premiums are only going higher and employers will continue to shift the burden to employees through high-deductible plans,” says McGugin. “We’re telling all of our clients to take a hard look at telemedicine.”
To be clear, telemedicine is no substitute for traditional insurance. Nor is it particularly cheap for individuals buying it in the open market. Individual telemedicine plans cost roughly $120 a year (including dependents), plus a $30 “consult fee” per call. (Employer-sponsored plans generally don’t charge a consult fee.)
If you’re a healthy male, have no preexisting medical conditions and are willing to take chances, you might want to pair telemedicine service with a super-high-deductible insurance plan that has a rock-bottom premium. That combo provides access to affordable treatment for non-emergencies while cushioning the financial blow of a catastrophic illness or accident. Other target customers include those who simply can’t afford traditional insurance but want access to basic care.
You can sign up for telemedicine service by calling a provider directly or working through a broker like McGugin. The cost is the same—providers pay the broker fee, not you.
Point Of No Return
While telemedicine isn’t new (hospitals have used phones to serve remote rural areas for 40 years), less than 1% of Americans have access to it. Expect more to join the ranks—and soon—thanks to affordable high-speed Internet connectivity and, of course, rocketing health costs.
The Society of Actuaries just released a study estimating that premiums on individual health plans will jump 32% over the next three years. Towers Watson, an HR consulting firm, found that 70% of companies with more than 1,000 employees will offer high-deductible plans ($1,250 minimum deductible) this year, up from 59% in 2011. And Rand Corp. estimates that, within a decade, half of all workers with employer-sponsored health care (including government employees) will have high-deductible plans.
All that bad news is good for David Lindsey, CEO of AmeriDoc. Founded just five years ago, the Dallas company has quietly amassed 1.3 million paying patients (not including dependents). That number is on track to triple by the end of the year, says Lindsey.
AmeriDoc’s network includes 290 doctors (some licensed in multiple states) who agree to be on call when they aren’t seeing patients on-site. Lindsey claims he has enough capacity to handle current members, though he looks to add more white coats all the time. “Doctors inquire every day about joining the network,” he says.  A big reason: more patients per hour with little additional overhead. “They hate dealing with insurance companies. [Telemedicine] is how they’re going to get paid in the future.”
To control quality (and avoid malpractice suits), AmeriDoc records all visits electronically and stores the data for seven years. Customer-service staffers review random samples of calls every week; they also call every patient within two days after a consultation. “We call three times,” says Lindsey. “If [the member] doesn’t respond, we assume all went well. We’ve never had a malpractice claim.”
Lindsey concedes that, thus far, a lot of subscribers use telemedicine to “shop for prescriptions” without having to visit a doctor. Viagra is a big request—one that AmeriDoc’s physicians routinely deny without the requisite heart-rate and blood-pressure tests.

Meanwhile, AmeriDoc’s remote-delivery menu of services is expanding. The company created a finger-prick blood-testing pack that lets patients take their own samples and mail them in sterilized packs to a lab to measure testosterone, cholesterol and glucose levels. Next month AmeriDoc will roll out another self-blood test that aims to detect future cardiovascular disease.
Bottom line on telemedicine, says Lindsey: “It would be irrational if you did not call it a ray of hope for American health care.”
Have thoughts on telemedicine? Please comment on this post. Have any other smart ideas for taming health care costs? Share those, too.

Sign up with Ameridoc now at www.GlobalEnterprisesTrust.myAmeridoc.com  Call 888-753-2521 with any questions. 

Generational Wealth Part 1 of a series. How to obtain it and how to keep it.

This will be one in a series of post regarding the strategy for generational wealth.  There are multiple strategies for this result, some are riskier than others.  A true generational wealth plan in my strategy should have a spending period that offsets total tax liability, converts what you are spending to investments or a safe vehicle that can grow, give you access to this money after a seasoning period or at some point in the future without having a taxable event, provide cash flows that sustain wealthy lifestyle for your life cycle, provide cash flow for your offspring during their life cycle, and provide a lump sum payout to a third, fourth and fifth generation as well as a re-visitation of the cycle you initiated. Generational wealth is not a new concept. 

The need for capitalization is a standard among anyone starting a business or acquiring a business, or expanding an existing business.  Chances are; most business owners will retire from their business not as well off as they began and most have businesses that are not designed to operate if they are not working in the business.  Most small business models are designed with the owner as the central figure in the operation.  That is a scary thought because it is hard to wear all those hats and get truly wealthy.  You might have huge lump sums of cash or continual cash flow over the business life cycle, but so many people that have successfully generated cash flow do not have long term stability and find themselves without cash before retirement or having to come out of the retirement that was the result of the payoff.  This false since of security has set a lot of people up for monetary failure because of the financial instability and a self-destructive strategy.   

Most, if not all individual’s desire wealth, a wealthy retirement, and security of their current lifestyle as they age as well as security for those they leave behind.  So how do you go about attaining such a thing as security for yourself and off-spring?  Many people might perceive such a thing as financial security as an illusion.  Of course the major reason is because it has eluded so many and even when some have found security they have lost it.  Financial security for many is perceived as something that is attainable by individuals and corporations that are already wealthy, but not for themselves; not for their organizations.  Many have bought into vehicles that just don’t cut the muster, so to speak.  Many have been deceived for so long and have been taught so wrong that even if I showed them a way to generational wealth that can be used right now today and used by their family in the future, then they would not move forward with a since of urgency that the subject deserves.  Many would rather trick themselves into believing that they are safe when they are not.  The adage goes, “you can lead a horse to water, but you can’t make him drink”; to elaborate, “even if they are thirsty and about to die”. 

Most individuals have a financial blueprint that will self-destruct long before they figure out that they have been bamboozled.  Most financial plans associated with big corporations are setup to benefit the company more than the employees they pilfer for deposits into 401K’s, IRA’s, and Pensions.  Most of these vehicles have taxable when money is disbursed.  These vehicles have a low threshold for tax avoidance approximately $6,000 X 25% or $12,000 X 25% if married filing joint.  These vehicles defer taxes to future periods and that means that you will pay a higher tax rate, after all, taxes are increasing not decreasing.  Many who are invested in these vehicles need to go to the next step by investigating how to avoid a taxable event and move out of these vehicles.  I am pretty much a self-proclaimed expert in this area because I don’t know of many that are versed and as experienced as my organization is regarding the steps taken to disburse and move money out of these vehicles into other investments that provide a better hedge for your money and basically has the ability to put you in an arbitrage position by leveraging your cash.  Make sure you follow these series for more information on this subject as we provide information on the subjects of tax avoidance and reveal strategies that work.  Contact me at 888-753-2521 or email questions at chet@thecontroller.net .

IRS Due Diligence and Compliance

Current requirements for taxpayers this year is going to be easier for the employed and self employed non ethnic filers.  The self employed that have been immersed in a culture rich with deception and the illusion of wrong doing will find it more difficult.  Many have missed filing for years and they actually qualify for the earned income credit.  Not only do they qualify for the earned income credit, but they should also be participants in the first time home buyer program. 

No one need till many of the taxpayers that they have done nothing wrong. The belief of righteousness as a relationship to employment is so conditioned into the fiber of many low income taxpayers that they believe that they are actually income deficient.  In actuality, they are not.  Many can document their income quite well, but in many cases they are persuaded to allow someone else to climb their children fraudulently.  This will come to a screeching halt this year as a result of the due diligence requirements and documentation needed to support and claim a dependent for the child credit.

The economic turnaround will occur once again without engaging the economy of low income African Americans that are actually ripe for participants in the first time home buyer program.  Unless low income self employed filers are taken seriously as taxpayers.  The difficulty herein is the IRS's aggression toward the fabric of the African American culture and what they have done to survive into the transition of the millennium and the recent depression could undermine this much needed movement.  Participate in this recovery by telling your friends and family claim their own kids and follow someone who has guidelines for documenting income and their dependent's residency.

Many of us know some African Americans that have never filed taxes because they don't have a job, but have allowed themselves to be exploited by their friends and family because they are not aware of how to document their income.  The IRS requirements for allowing a refund in case of an audit of these individuals perpetuates this exploitation by requiring many self employed low income taxpayers to have license, website, journals and operational books of receipts and expenses for income documentation.   Many of these taxpayers earn income and should step forward and file. 

This harrasment by the IRS should stop and actually be a gimme to low income taxpayers that meet earned income credit requirements because many of them have cars, homes, clothes, electronics and I am finding that it wasn't obtained illegally.  See from observations I have noticed peddlers selling watches as if they are stolen, but they where actually purchased from the Merchandise Mart and marketed in parking lots as if they are hot to make the purchase seem as if it's a discount. The delusion is a setback to African Americans cultural social economy. 

There are ways to document legitimate income made from babysitting, baking cakes, selling scrap metals, selling goods on eBay or craigslist, referring clients in your circle of influence for a fee and tons of things that people do on a day to day basis.  Transferring this information to forms that conform to due diligence requirements has not guaranteed refunds for many clients that qualify for the earned income credit.  Cultural difference may be taken into account at some point in the future and presentation is everything.  Documentation is  key and that will be taken into account. Meanwhile, as we wait, write your congressman and share the information that you have learned.

Contact my group at 888-753-2521 ofc or 888-675-0583 fax or request documents by emailing me at chet.thecontroller@gmail.com . 

 

ROBS Plans.

ROBS plans, while not considered an abusive tax avoidance transaction, are, according to the IRS, "questionable" because they may solely benefit one individual – the individual who rolls over his or her existing retirement 401k withdrawal funds to the ROBS plan in a tax-free transaction. In most cases, since the IRS pronouncement concerning this potentially discriminatory approach, ROBS plans have been inclusive of all participants and provide broad-based participation for all employees. The ROBS plan then uses the rollover assets to purchase the stock of the new business. A C corporation must be set up in order to roll the 401K withdrawal.
Promoters, such as a Roth IRA broker of a self directed IRA LLC, or small business financing, aggressively market IRS ROBS arrangements to prospective entrepreneurs and business owners for funding for a business as small business financing. In the case of most ROBS facilitators, there is a very close relationship between the promoter/facilitator and the franchise industry, seeking to sell and promote business "opportunities" and seeking funding sources for these sales and promotions. Most ROBS "promoters" and facilitators pay substantial referral fees to the franchise brokers who refer business to the promoters. Rarely are these fees disclosed to the entrepreneur. Fees charged by most "promoters," consequently, are in excess of the fees that would be charged by attorneys and accountants for the same services who are prohibited from paying referral fees. There remains a substantial question whether such referral fees are illegal under ERISA and the U.S. Criminal Code: Offer, Acceptance, or Solicitation to Influence Operations of Employee Benefit Plan (18 U.S.C. Section 1954).
In many cases, the broker will apply to IRS for a favorable determination letter (DL) as a way to assure their clients that IRS approves the ROBS arrangement. The IRS issues a DL based on the plan’s terms meeting Internal Revenue Code requirements. DLs do not give plan sponsors protection from incorrectly applying the plan’s terms or from operating the plan in a discriminatory manner. When a plan sponsor administers a plan in a way that results in prohibited discrimination or engages in prohibited transactions, it can result in plan disqualification and adverse tax consequences to the plan’s sponsor and its participants. Accordingly, promoters who emphasize or "promote" base on a favorable determination letter are, at a minimum, engaging in deceptive trade practices.

ROBS Project Findings

New Business Failures
Preliminary results from the ROBS Project indicate that, although there were a few success stories, most ROBS businesses either failed or were on the road to failure with high rates of bankruptcy (business and personal), liens (business and personal), and corporate dissolutions by individual Secretaries of State. Some of the individuals who started ROBS plans lost not only the retirement assets they accumulated over many years, but also their dream of owning a business. As a result, much of the retirement savings invested in their unsuccessful ROBS plan was depleted or ‘lost,’ in many cases even before they had begun to offer their product or service to the public. These findings are questionable since there are many ROBS arrangements in which the businesses are quite successful and represent very prudent alternatives to more traditional investments.
Specific Problems with ROBS
Some other areas the ROBS plan could run into trouble:

• After the ROBS plan sponsor purchases the new company’s employer stock with the rollover funds, the sponsor amends the plan to prevent other participants from purchasing stock. Since the 2008 announcement from the IRS such amendments are rare.
• If the sponsor amends the plan to prevent other employees from participating after the DL is issued, this may violate the Code qualification requirements. These types of amendments tend to result in problems with coverage, discrimination and potentially result in violations of benefits, rights and features requirements.
• Promoter fees
• Valuation of assets
• Failure to issue a Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., when the assets are rolled over into the ROBS plan.

More Info:
www.thecontroller.net or contact chet@thecontroller.net

 

Do's and Don'ts of Tranactions for Self Directed IRA's

Prohibited Asset Types
IRS regulations prohibit IRA investments in life insurance and in collectibles such as artwork, rugs, antiques, metals (there are exceptions for certain kinds of bullion), gems, stamps, coins (there are exceptions for certain coins minted by the U.S. Treasury), alcoholic beverages, and certain other tangible personal property.

Prohibited Transactions

IRS regulations prohibit transactions that are an improper use of the value in the account or annuity by the account owner, the account owner's beneficiary, or any other disqualified person. These rules are generally designed to prevent self-dealing. Disqualified persons include your fiduciary and members of your family, such as your spouse, ancestor, lineal descendant (e.g. children), and any spouse of a lineal descendant). In addition, other disqualified persons include:

• Service providers of the IRA (e.g., custodian, CPA, financial planner);
• An entity (such as a corporation, partnership, limited liability company, trust or estate) of which 50% or more is owned directly or indirectly or held by a fiduciary or service provider;
• An entity that is a 10% or more partner or joint venturer of with an entity that is 50% or more owned directly or indirectly or held by a fiduciary or service provider;
• Additionally, in the case of a SEP or SIMPLE IRA:
  • The Employer;
  • 50% or more owner of the Employer;
  • Officers, directors, 10% or more shareholders, and highly compensated employees of the Employer;
  • An entity 50% or more owned by the Employer;
  • 10% or more partner or joint venturer of the Employer.

The following are prohibited transactions with an IRA:

• Borrowing money from it.
• Selling property to it.
• Receiving unreasonable compensation for managing it.
• Using it as security for a loan.
• Buying property for personal use (present or future) with IRA funds.

If the account owner or beneficiary engaged in a prohibited transaction, the account is treated as distributing all its assets to you at their fair market values on the first day of the year in which the transaction occurred. The distribution would be subject to any taxes or penalties associated with an early distribution. Generally, a 10% early withdrawal penalty and treatment of the distribution as ordinary income for the purposes of income taxes.
Examples of self-dealing include:

• Having your IRA purchase real estate that you own or use.
• Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.
• Granting a child a second mortgage for the down payment on his or her first home.
• Buying stock from the account owner involving IRA funds and a disqualified person.
• Purchasing stock in a closely held corporation in which the account owner has a controlling equity position.
• Purchasing restricted stock from a family member who is a disqualified person listed above.

Common Permitted Investments

Some of the additional investment options permitted under the regulations include real estate, stocks, mortgages, franchises, partnerships, private equity and tax liens. Real estate may include residential and commercial properties (U.S. & Internationally), farmland, raw land, new construction, property renovation, development, and passive rental income. Real estate purchased in a self-directed IRA can have a mortgage placed against the property, thus lowering the amount of total cash needed for a purchase; however, neither the IRA nor the account owner of the IRA can have personal liability on the mortgage. Business investments may include partnerships, joint ventures, and private stock. This can be a platform to fund a start-up business or other for-profit venture that is managed by someone other than the account owner of the IRA. Other alternative investments include: commodities, hedge funds, commercial paper, foreign stock, royalty rights, equipment & leases, American depository receipts, and U.S. T-bill

Limited liability company structured IRA

In an effort to reduce fees, paperwork, and processing delays, some self-directed IRA investors choose to employ a Limited Liability Company (LLC) IRA structure. In such a structure the account holder directs his IRA custodian to invest into a limited liability company that the account owner manages himself. The account owner can then execute transactions on the LLC level without the involvement of the IRA custodian, thus reducing fees and eliminating custodian transactional fees and delays. The profits of the LLC pass through to the IRA with nearly identical tax favorable treatment. Some claim that this IRA LLC strategy has been legitimized through a tax court case: Swanson v. Commissioner, 106 T.C. 76 (1996). Others disagree on the validity of the court case.^[1] Some refer to this structure as "checkbook control" because the IRA account holder often has sole signing authority for the LLC and its bank accounts.
Although Swanson v. Commissioner doesn't directly relate to a single member IRA LLC, but instead merely sets a precedence that an individual can control an entity owned by an IRA or IRAs that they are a disqualified person to, there are other cases, private letter rulings and IRS Memorandums that collaborate the validity of the IRA LLC and Checkbook Control over an IRA. To quote a few:
Ancira v. Commissioner 119 T.C. No. 6 (2002)- Ancira acted as a conduit for her self directed IRA custodian
DOL Advisory Opinions 97-23A and 2005-03A - The Department of Labor takes the position that if an asset is owned 100% by a plan, that asset becomes the plan
IRS Field Service Advice 200128011 - IRS Confirms: "The type of investment that may be held in an IRA is limited only with respect to insurance contracts, under section 408(a)(3), and with respect to certain collectibles, under section 408(m)(1").

More Info:
More Info:
www.thecontroller.net or contact chet@thecontroller.net

The Ultimate Self Directed IRA

The Ultimate IRA redefines investment freedom.

• True Diversification. With the Ultimate Self-directed IRA you can invest your retirement funds directly into real estate, tax liens, small businesses, private placements, personal loans, foreclosures, gold & silver and all other alternative (i.e. non-Wall Street) investments that are not available through a typical IRA. Of course, you can continue to invest your retirement funds in all traditional investments (e.g. stocks, bonds, mutual funds, etc.)
• Checkbook Control. The Ultimate IRA comes with a checking account, which we will assist you in setting-up at your bank so your retirement funds will always be under your control. Once the account is set-up, it's easy to begin placing investments, all you have to do is simply write a check. This enables you to move quickly when time-sensitive opportunities and other on-the-spot investments present themselves.
• Investment Control. The Ultimate IRA is the ultimate self-directed IRA, giving you complete control over your retirement account, enabling you to make all investment decisions alone, or with the help of a financial professional.
• Tax-Deferred Investing. The Ultimate IRA enables you to take control of your retirement funds without incurring any early distribution penalties or taxes. Furthermore, the profits generated from your investments flow back into your account and continue to grow tax-deferred, or tax-free in the case of a Roth, helping you build the retirement you want.
• Rollover Options. Your Ultimate IRA can be funded by transferring or rolling-over funds from any of your existing retirement accounts or plans IRA, 401K, Roth IRA, SEP IRA, Keogh, 403b, etc., or by making an initial contribution.
• Limited Fees. Once your Ultimate IRA is set-up, there are no asset-based-holding fees or transaction fees, rather there is a low fixed annual fee regardless of how large your account is or how many transactions you place during the year.

How does the Ultimate Self-Directed IRA work?

Let’s look under the hood of the self-directed IRA, and see how it works.

1. Broad starts the process by facilitating a new self-directed IRA at a registered self-directed IRA custodian.
2. With the new self-directed IRA in place, funds from previous retirement accounts (IRA, 401K, etc.) can now be rolled over. Or the account can be started with an initial contribution.
3. Broad then sets up a Limited Liability Company (LLC) for the self-directed IRA. This is an important step as the LLC will serve as the investing platform for the plan. Each LLC is customized to adhere to the laws and regulations which govern self-directed IRA investment platforms.
4. Capitalization now occurs by instructing the self-directed custodian to invest the self-directed IRA in the newly formed LLC. This is a process that is similar to buying stock, i.e. the self-directed IRA buys all the “shares” of the LLC. The self-directed IRA now owns the LLC.
5. The custodian sends a capitalization check to the account holder. The account holder can now open a checking account at the bank of their choosing in the name of their LLC.
6. And now… start investing!

How easy is it to set up the Ultimate Self-Directed IRA?

The Broad process for establishing a self-directed IRA has been crafted with only one consideration: you. As a company whose defining hallmark is industry leading customer service, we’ve worked hard to make sure that your experience is smooth and hassle-free. Our team of accountants, self-directed specialists, and attorneys is dedicated to giving you a complete package. We’ll hold your hand the entire way, and we’re always available for any questions you may have.

More Info:
www.thecontroller.net or contact chet@thecontroller.net

Don't make these mistakes when buying or starting a business!

I have invested, owned, developed, bought and sold many businesses.  I am currently acquiring a litany of operations and real estate holdings.  I found these to be mistakes that can get you into trouble quickly in business.

Mistake #1 – Paying too much
This results from the combination of all the other mistakes. Many new business owners set themselves up for failure by paying too much, which results in higher loan payments, lower operating funds, and reduced borrowing capacity.
Mistake #2 – Letting your emotions rule
If you have always dreamed of owning a business, it is very easy to get caught up in the strong emotions invoked by seeing those dreams coming true. To counteract your emotions, take your time, do your homework, and enlist the help of objective advisors.
Mistake #3 – Paying for potential
You should only pay for the business as it stands at the date of purchase, not what it could be in the future. You will have to spend time, effort, and money to develop its potential. The seller chose not to invest in these things, so he does not deserve to be paid for them.
Mistake #4 – Not evaluating yourself
Do you have what it takes to run this business? Try to match your strengths to the important duties you will be required to perform. Running a small business requires the owner to do many things. No one can be good at them all, so make provisions for those areas in which you are the weakest. Some tasks like payroll and bookkeeping can easily be contracted to outside vendors. Possibly your spouse, other family member, or a partner could do things that you cannot or do not want to do.
Mistake # 5 – Not building a team of experts
At a bare minimum, you should enlist the aid of an attorney and a CPA. The attorney can prepare and review documents, help structure the deal, and make you aware of legal and liability issues. The CPA can provide a financial analysis of the business, and advise you about tax and accounting matters. You should also consider adding a business valuation professional to your team. His valuation report can be used to determine the reasonableness of the asking price, negotiate a lower price, and provide valuable information about the business, the industry, competition, and economic conditions.
Mistake #6 – Not verifying information
You should verify all important information about the business. Your CPA can check financial information like receivables, payables, and inventory. Your attorney can review loan documents, leases, and contracts. Your business valuation professional can analyze the competition, the industry, and the economic conditions. Use independent appraisers to value real estate and equipment. Get a credit report on the business through your CPA or banker. You can do some of the investigating yourself to save money, but do not cut too many corners – it may cost you in the long run.
Mistake #7 – Changing too much, too fast
Once you own the business, you will be tempted to start making wholesale changes from day one. You risk alienating long-time employees and customers. Unless the business is in bad financial condition and needs immediate action, its better to take some time to get to know the business, your employees, and your customers before making changes. This is a perfect time to solicit suggestions from employees and customers.
Mistake #8 – Buying a business because you like to do what the business does
One reason restaurants have a high failure rate is people buy or start them because they like to cook. Very few restaurant owners spend time cooking. Their time is spent managing staff, ordering supplies, doing paperwork, and handling daily crises. A small business owner must wear many hats – including that of manager.
Conclusion
Buying a business is a complicated, emotional process. By avoiding these costly mistakes, you can prevent turning your dream into a nightmare.
Courtesy of GlobalBx, October 14, 2009

Posted in Business Brokerage, Business Buyers, Buy A Business, Buyer Financing, Investing, SBA | 1 Comment

Entreprenuer Started with Her Dream at Childhood

As a child there were two occupations that intrigued me: Medicine and Trucking. For one thing I wanted to help people and there were many role models I learned about in school. On the other side of the coin there were people that came in my life who drove big trucks and as a little girl I used to love it when one of my sister's friends showed up with a truck. Later as a young woman I remember driving down the street in mine and honking my horn. My mom would yell at me to get that big thing from in front of her house before the cops showed up and the look of glee and admiration of my son who ran and climbed up in the passenger seat happy that Mom was home. My Mom only spoke truth because of the fact we lived off a main street that wasn't zoned for trucks.


Then there was medicine: I had been ill enough to be hospitalized but what really got me was the first surgery that I was old enough to remember having was the cesarean birth of my son. Even though the operation takes time, time flew by for me for I was the one operated on. Only thing I remember was the anesthesiologist who brought me to enough for me to see my son whilst in the Operating Theatre then putting me back under, then Intensive Care post op. And don't forget the show M*A*S*H. Even though it was a comedy, around that time, my sister Deborah had just enlisted in the Army Reserve. She had been in Dentistry for some time so that gave her rank in the service. I wanted that too, but even at my age the Army Doctor did not pass me on the physical exam because they discovered early back problems. So much for 'Hot Lips' the Surgical Nurse.

There were other issues I had along with the world having theirs so Marketing & Retail has helped me in many ways even today in my present career. Air Transportation came along and lit that fire once again for Big Trucks. I was working for a company called Pony Express which was a subsidiary of Well Fargo. The little vans had outgrown me quickly for I had an eye on the straight trucks and semis that came in. One of my co-workers helped me with learning about the gears in the straight truck he drove mind you I never drove a standard shift of any kind. I had enrolled in Trucking School and was having trouble because of that. But I was determined for I had to pay this student loan back I took out to go. In a class of at least 100 6 were women, 3 were Black women and 5 graduated out of a class of 100. There were not many women even in the late 80's when I graduated that were truckers. Back in my hometown and in the cities and towns across the U.S, women would see me in my truck and many were inspired by me..They figured if a petite 4'9 120 lb. brown girlie like me could they could too! Thus whence came the C.B. handle 'Smurfette'

Because of my travels, my network is diverse. With the Internet becoming the 'now' thing in communication, I have fit in with people all over the world nicely and now my phone list includes people from all over the world. This is my bio, the first one I have penned, there will be more, probably not as long as this one though, Karyn aka Smurfette and more alias, mostly good.

© 2011 Karyn D. Walker Professional Sub Contractor ~ Transportation

Why outsource your accounting?

Accounting is a core business function. Without accounting, a business is sure to fail. With accounting, a business might survive. With accounting managed by a Profit Center Expert, a business is certain to succeed.


You’re probably already familiar with the bleak forecast for new small businesses. While failure rates have decreased considerably in the last few years, recent studies from the Small Business Administration (SBA) indicate that one third of new employer establishments fail within the first two years, and 56% fail within four years.

Poor financial management is often cited as the reason for most small business failures. Often the business owner or a member of the business team manages this crucial function because they want to maintain complete control of their business, they’re afraid that outsourcing the accounting would be too expensive, or a combination of the two. What they don’t realize is that outsourcing is a useful management tool that can save a business both time and money while preventing potential failure. And when you outsource to the right accountant, it can be the difference between base survival and profitable success.

The Benefits

There are countless benefits you enjoy when outsourcing your accounting. Here are just a few:

Save Yourself Time. You’re in business because you’re good at what you do. Your expertise involves the product and/or service you offer. And we’re guessing your expertise is not accounting. So if you, or anyone on your team, spend time managing your business’s finances, that’s time that could be better spent building your business.

In order to be competitive you must constantly be looking for ways to improve and expand your products and/or services, better market your business, and stay ahead of your competition. When you and your team focus time and attention on the accounting, that’s time not spent on these crucial tasks. When you outsource the accounting to a trusted professional, you can use that time to make your business the best it can be.

Save Yourself Money. We all know time is money. The average small business owner spends over 10 hours personally, each month, accounting for the business. If your average billing rate is $50 per hour, you may be spending more than five hundred dollars’ worth of your time! Chances are you easily can pay for a good accountant and then some with all that money.

Gain Access to Valuable Accounting Expertise, Equipment, and Technology. Reputable accountants have the expertise to not only save you money, but to make your business more profitable. In addition to that, they have access to equipment and technology that most small businesses can’t afford. They will use their resources to your advantage and save you the time and headache of doing it yourself.

Gain Access to Profit-Building Information. A truly valuable accountant is also a Profit Center Expert. They analyze financial data in order to assist you in making profitable decisions for your business. A Profit Center Expert can inform you which products and/or services to expand, which to eliminate, whether your marketing attempts are successful, where you’re loosing money, and where to cut back in order to save and redirect funds in order to become more profitable.

Call us for a free, no-obligation consultation. We can customize a package of services that is competitively priced and designed to save you time, energy, and headache. We offer the following services:

Accounts Payable

Input vendor invoices to payable system

Classify invoices to the proper G/L account

Request and maintain vendor W-9 information

Maintain vendor master files

Respond to vendor inquiries about payment status

Retrieve copies of payments as necessary

Prepare and file required 1099 forms

Process requests for stop payments when necessary

Cut checks to vendors based on due dates or client instruction

Reconcile vendor statements to accounts payable ledger

Reporting to organization on detailed aged payables and cash requirements

Process year-end 1099 forms

Accounts Receivable

Prepare and mail billings as needed (all billings provided to client for approval prior to mailing)

Record and account for revenue

Input receivable transactions into the accounting system

Prepare and deliver periodic statements

Issue client-approved credit memos and refund checks

Maintain subsidiary receivables ledger

Process client-approved adjustments

Apply cash received to customer accounts and resolve “short pays”

Perform low-level phone collections as needed by client

Cash management

Process daily sales and deposit reports

Verify daily deposits and report variances

Reconcile and verify credit card deposits

Reconcile monthly bank statements

Journal entry and general ledger

Account reconciliations

Payroll

Time cards, after approval, will be scanned and uploaded prior to payday

Complete payroll while client prints, signs and distributes paychecks

Prepare employee earnings statements complete with current pay period and year-to-date wages, taxes, and adjustments

Prepare department summaries of month-to-date payroll data in addition to customized reports specific to client

Prepares timely and accurate notifications of tax liabilities and deposits

Completes year-end W-2 forms

Respond to requests for employee verifications

Process and submit garnishment payments

Respond to employee payroll inquiries

Prepare and file new hire reporting to state

Prepare, file, and pay all federal, state, and local payroll taxes

Reconcile health insurance payments and make payroll deductions when required

Prepare necessary HR reports such as turnover

Allocate payroll expenses for multi-store employees

Prepare and process payroll accruals when necessary

Monthly Closing

Fixed assets accounting & depreciation

Monthly financial analysis and reports

Yearly Business Assessments

Don’t wait another day to partner with a Profit Center Expert (PCE) and make your business more successful. Do what you love to do more; let your PCE take care of the rest. Call now for a free, no-obligation consultation.

Being in the Black

Being in the black can mean a lot of different things. For most business owners, it means being profitable. When a business owner sets out on a new venture, establishing a profitable business is one, if not the only, driver. Unfortunately, too many entrepreneurs get lost in the day-to-day tasks of running the business and forget their main purpose.


As your accounting professional and Profit and Growth Expert we apply The Universal Business Model to help maximize the profitability of your business. Each month we apply our financial expertise, combined with access to a variety of analytical tools, to assess your business’s financial position and progress.

With our help you can improve your business’s financial position using The Wisdom Pyramid. Here’s a short list of what you will accomplish:

Know how your business stacks up against the competition using the professional business assessment we provide.

Recognize your business’s strengths and weaknesses, and use that awareness to improve your profitability. Consider this a Day with your CFO.

Identify trends that expose what is both helping and hindering to your business.

Take advantage of tax benefits through regular reviews of your tax position.

By gathering the necessary information through the bookkeeping and accounting process, we will analyze the data and help you make the changes required to improve your business’s profitability. Whether you need a financial audit or review, we can help move your business forward.

The Controller.Net

Global Enterprises Trust has a saying, “Longevity is Success”. The team at “The Controller.Net” has over 75 years of experience in the area of payroll processing, monthly financial reporting, personal financial reporting, systems integration and automation. Many of our operatives have prepared pro forma budgets and been involved in budget analysis. This detailed analysis of variances can be used to assist companies determine their appetite for business development and help them make better decisions in their day to day business operations.


Teaming arrangements between our organization and that of our clients can improve cash flow. Our expertise in the area of preparing business plans; strategic planning and contract management can put your company on the cutting edge or turn your business bottom line from red to black. Accounting tricks are not needed to improve our client’s position, but what is needed is tax planning and strategy that lowers tax liability and promotes growth. All this translates into an organization that can take advantage of opportunity.

Let us provide the infrastructure that your organization needs to help finance growth utilizing debt, equity and hybrid structures. Our organization wants to help you obtain funding using equities, tax credits and/or bonds. Engaging our team as your consultants and accountants will give you a superior administration and finance department without the cost associated with this labor intensive operation. Use us as the tool that is usually reserved for major Wall Street organizations seeking public funds that maintain GAAP and GAAS accounting infrastruture. Eligible clients seeking capitalization using securities can engage our team to guide them into becoming a CDE, as well as showing them how to use securities as a revenue generator and funding vehicle. Invest in your future and improve your customer relations and financial backbone, because now you can improve your customer retention and market share

Our government relationships, management programs and marketing strategies will put your company far ahead of the competitor. Our project management expertise can assist you in delivering the deliverables on time. Our company provides real time management, essential proposal writing, centralized purchasing opportunities, internal and external reports that combine to result in a favorable bottom line.

Increase your organizations equity by engaging our team for the purchase of real estate or to guide you through mergers and acquisitions. Real time reports mean getting meaningful information for decision making that translates into sales, revenue and accounting profits. Our team provides seminars that give away more information than our competitor’s sale. Our team adds value every step of the way. Our value added proposition is integrated in a way that qualify many of our clients for equity infusion from tax credits. Our team can assist you in establishing the correct business form i.e. LLC, LLP, Inc., Trust, or a Sole Proprietorship. We are ready to deliver; so, what are you waiting for to engage our team?

Hyatt Regency....You Better Watch Out!

Water for ElephantsI recently stayed at your hotel in Jacksonville Florida and I valeted my vehicle, I left that evening to purchase food and returned my vehicle to valet that evening. I checked out that morning. My passenger and drivers doors opened for me and my luggage loaded. I drove 30 minutes and pulled over for gas. I returned from the attendant cashier and got a look at my front hood and noticed a 4 inch scratch and dent on my vehicle. I contacted the hotel and a claim form was faxed to me. I completed the claim form and contacted the management regarding the status. Mr. Liscomb said that he had completed his investigation and that he would not honor my claim because I had not realized the damage before I checked out of the hotel. I am sure that all parties will claim that they are obsolved of liability. I valetted my vehicle in care your establishment and upon it's return it was not in the same condition as it was in when I released it to your care. The reason I stayed in your establishment rather then choosing a motor lodge or a motel 6 or any other hotel is because I have an expectation of care, service and responsibility. Until this is resolved I can't really tell the difference between your organization and any other hotel establishment that is along the side of the road. This never happened at Ritz Carlton, Intercontinental, or Marriot, but it did happen on your watch. I can definitely see why this organization made the mistake of not bringing resolution to this, but I can afford the repair. I just wanted to give you and your affiliates the opportunity to do the highest and best action that you could offer. What I have gotten so far is that no one wants to own any responsibility for wrong doing. The fault then is mine for choosing irresponsibility over responsibility. I am sure that you can relate to this. No legal issue here just a moral issue.


Thanks

Chet Jones

Renewable Energy Dependent on Subsidies

Development of wind and solar energy is greatly dependent on government economic support in the form of subsidies and outright grants. Dependence on foreign oil is dangerous to our survival. Natural gas is abundant, clean and cheap. Gas can provide our independence from foreign sources of oil.

Wind sources in many parts of the country are limited by restrictions on wind farm locations. Further, the costs are prohibitive without large government subsidies. The wind and solar industries lobby wants a legislative imperative on the percentage of wind and solar that we must use. This is a so-called renewable energy standard. If all energy taxation were applied to wind and solar, wind and solar could produce only enough energy for a small part of our needs. American Wind Energy Association CEO Denise Bode has said that Oklahoma has wind resources to provide more than 30 times of the state's current electricity needs. She fails to say what the subsidies and grants would cost taxpayers.

Natural gas is greatly needed now to fuel our industrial machine. Renewable energy standards restrict a free market. We need to let the free market run its course with no renewable energy standards.

Sid M. Groom Jr., Edmond

YOUR COST IS THE CHOICES THAT YOU MAKE

There are many things happening economically locally and worldwide that require action by every day citizens.  Which makes my quote for the day "Your cost is the choices that you make".  Inactivity is just as bad as activity involving a bad decision. Jobs are increasing in the private sector nominally.  Government jobs will decrease and be replaced by technological advancements between military divisions and contractors.  Major contractors with prior experience will be the first in line for most contracts.

Private jobs will increase but they will be related to business start ups that support privatized industries for outsourced operational tasks.  Other jobs will be related to service industries that operate and grow as a result of referrals.  Familiarity creates the comfort zone for clients.  Tax business, insurance business, administrative support operations, green technology exposure, health, wellness, intellectual property monetization, certified professional jobs, fish farming, import/export, investment in residual opportunities, unconventional funding operations, online business and staffing services are some of the businesses that can generate revenue from familiarity (referrals ) and social networking.  Money is available from a variety of sources, including grants, investors and capitalization platforms.

Getting access to these businesses and opportunities is a matter of choices.  Get prepared and align yourself with the right organizations, people, places and opportunities.  Act now because the world market is shifting and moving fast in the underbelly of the existing economy. The current economy will shed it's skin and the under skin will slowly become the skin that seamlessly becomes our reality. As this occurs, tax law's will change that will require new ways of doing business.  What will you do and what choices will you make?

Super Support Services and Opportunities Firm

Global Enterprises Trust is a company established to counsel individuals on financial matters. Our focus is on loan modification with banks for homeowners, payroll processing and tax services for small to mid-size businesses and home business opportunities nationally.  Speak with one of our HUD certified house counselors to see if you qualify for mortgage loan modification.  A team of accountants are available to assist your business in payroll processing and tax preparation. Global Enterprises has flexible and affordable payroll services for single individuals or national organizations. Global Enterprises will identify labor related tax credits going back up to five years.  Global Enterprises is seeking to expand in all areas of our business by providing those interested in home business opportunities with training, certification and support nationally.


Global Enterprises is your connection to success.  GET gives you access to a knowledge base that allows you to be successful in starting your own business by educating you and certifying you to join us in developing your own business opportunity.  We can operate as your business engine or agent.  As an agent of your business we connect you to our relationships and opportunities.  As an engine of your business you are allowed to outsource the financial administration of your operation so that you have ongoing support and are postured for growth.   

Get information, direction, strategy, relationships and success.  The cost of it all is your choice.  Our organization is committed to building over 1,000,000 operations nationally that are owned and operated by everyday people seeking wealth and opportunity that can provide our services through there relationships.  Contact us now 770-895-4385 for the how, the who, the when and the where.