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Ian Woodman, Idaho Tax Relief Business Owner, Discusses Common Tax Issues

In Finance on May 4, 2012 at 12:17 pm
Ian Woodman Idaho

Ian Woodman Idaho

Ian Woodman, Idaho co-founder of Instant Tax Solutions, often hears questions from taxpayers about tax issues. Pages and pages of regulations overwhelm most taxpayers, many of whom simply want an expert to explain the laws in plain English, says Ian Woodman. Idaho residents interested in tax resolution know that co-founders Byron Pedersen and Ian Woodman of Idaho stand ready to serve.

In this brief article, Ian Woodman of Idaho ’s Instant Tax Solutions describes some of the most common tax issues the company encounters in their work with taxpayers. The team at Instant Tax Solutions regularly works with the IRS to resolve tax issues that Ian Woodman says Idaho clients encounter.

One of the most common issues encountered by taxpayers, according to Ian Woodman, Idaho tax relief business owner, is past due taxes. Many taxpayers come to Instant Tax Solutions with a debt they cannot pay, says Ian Woodman. Idaho company Instant Tax Solutions can help taxpayers work out a payment plan that the taxpayer can afford while still satisfying the IRS, says Woodman.

Another issue, according to Ian Woodman of Idaho, is a fear of being audited. This fear, says Woodman, causes business owners and other self-employed individuals to avoid claiming deductions that could save them perhaps hundreds or thousands of dollars a year. The truth is, audits aren’t as common as you think, Ian Woodman of Idaho says, especially for those who are honest.

Tax liens are another common concern at Ian Woodman’s Idaho Instant Tax Solutions office. If a taxpayer has an outstanding debt to the IRS that has been left unpaid for a long time, the IRS may assess a lien on that taxpayer’s property. Ian Woodman, Idaho co-founder of Instant Tax Solutions, says that the IRS will usually work with these taxpayers to come to an agreement to pay the tax debt off.

Ian Woodman’s Idaho Instant Tax Solutions has helped clients worldwide recover from some of the most complex tax issues. The company’s stated mission is to provide fair tax representation by providing easy-to-understand explanations of IRS tax laws. For more information, visit http://www.instanttaxsolutions.com

Instant Tax Solutions | Ratings and Reviews of Common Tax Problems

In Finance on April 26, 2012 at 1:28 pm
Instant Tax Solutions Ratings

Instant Tax Solutions Ratings

Instant Tax Solutions Ratings and Reviews Team says U.S. taxpayers with problems now have more options.

The IRS, says the Instant Tax Solutions Ratings and Reviews Team, can be confusing and intimidating. It doesn’t have to be, however, as there are solutions to common problem. The Instant Tax Solutions Ratings and Reviews Team points out that, while the IRS can and does act swiftly in cases of delinquency, they do have provisions that allow for unexpected circumstances.

When a taxpayer simply does not have all of their supporting documentation in order, the Instant Tax Solutions Ratings and Reviews Team advises that an extension of up to four months may be requested – however payment of any owed taxes is still due. If money is the issue, such as when a medical emergency has all available funds tied up, a taxpayer may request to delay their liability by up to 6 months, says the Instant Tax Solutions Ratings and Reviews Team.

The Instant Tax Solutions Ratings and Reviews Team points out that filing or paying late can result in heavy fines and penalties. Taxpayers may request that these fees be removed if extenuating circumstanced can be substantiated; for instance, the Instant Tax Solutions Ratings and Reviews Team notes that personal tragedy such as a major illness or auto accident may be forgivable delays. In these situations, penalties abatement may be requested. The Instant Tax Solutions Ratings and Reviews Team encourages taxpayers to ensure that they have proper documentation to support their request, and to always send copies – never release an original document.

According to the Instant Tax Solutions Ratings and Reviews Team, even old debt may be considered for penalties abatement. If the taxpayer can show reasonable cause for the delay and can prove they acted in good faith to pay, the Instant Tax Solutions Ratings and Reviews Team notes that having some of the penalties canceled can be a great start at getting their debt under control.

There are even provisions in the IRS tax code that allow for deductions to be considered when the IRS denies them, notes the Instant Tax Solutions Ratings and Reviews Team. For taxpayers who should be entitled to certain deductions but have misplaced records, the Instant Tax Solutions Ratings and Reviews Team points out that having an affidavit, that is the written testimony of the taxpayer claiming the deductions are legit, is often a sufficient replacement to an original receipt.

These are just a few situations where a tax bill can be reduced. Instant Tax Solutions offers ratings of taxpayers’ economic status to help them determine if any of the IRS programs are a good match. For more information on the firm, or for Instant Tax Solutions ratings, reviews, and services offered, please visit http://www.instanttaxsolutions.com

The Kummetz Corp LLC Continues to Invest in South America

In Finance on March 30, 2012 at 8:59 am
Kummetz Corp LLC

Kummetz Corp LLC

Investment firm Kummetz Corp LLC offers financial opportunities to residents in Colombia, Bolivia, and Brazil.

The Kummetz Corp LLC has many projects in South America with Brazil as its primary focus for its diverse community and wealth of untapped resources. Additionally, the Kummetz Corp LLC has a prolific presence in Colombia and Bolivia, where their initiatives have helped to jumpstart the economies of these countries.  In both countries, the Kummetz Corp LLC has invested in gold and platinum mining. With gold prices at an all-time high, the Kummetz Corp LLC realized that further exploration of this untapped natural resource was needed.

Specifically in Bolivia, years of economic hardship have left many previously prosperous mining companies without the equipment or workforce they need. This has further fueled poverty and homelessness, says the Kummetz Corp LLC. By inserting cash into mining projects, the Kummetz Corp LLC is able to stimulate this area’s economy and produce significant profits for its clients. In Colombia, the Kummetz Corp LLC is exploring over 9,000 acres of previously unexplored mining territory.

The Kummetz Corp LLC has spent a great deal of time and money in Brazil, where they have numerous housing and production projects at any given time. With ongoing construction projects building manufacturing plants, as well as affordable housing, the Kummetz Corp LLC has created countless jobs in the country. The Kummetz Corp LLC makes every effort to use only environmentally friendly building products. In fact, the Kummetz Corp LLC has recently begun the manufacture and export of cement that will be used across the globe in a variety of projects.

As well, the Kummetz Corp LLC has helped catapult Brazil to its position as a leading exporter of beef. By developing meat packaging and processing plants, the Kummetz Corp LLC can keep costs down by having a hand in the production process, every step of the way. Brazil exports over 1,000,000 tons of beef per annum; the Kummetz Corporation believes that the country is capable of considerably more output, and hopes to significantly increase the country’s production capabilities over the next few years.

The Kummetz Corp LLC also puts a strong value on the arts, and has made exhaustive efforts to bring Brazilian culture to the entire world. The firm does this through the Kummetz World Foundation – a charitable organization dedicated to helping entrepreneurs with limited resources capture the attention of the public to showcase their products. The Kummetz Corp LLC also funds scholarship and mental health and well-being programs for Brazilian citizens.

About Kummetz Corp LLC – Founded by Eloi Kummetz and registered in Brazil, as well as the United States, the Kummetz Corp LLC is a financial investment firm dedicated to responsible business practices

Ian Woodman’s Bucket List: Australia, Asia, and Africa

In Lifestyle, Professionals, Travel on March 26, 2012 at 4:12 am
Ian Woodman

Ian Woodman

Ian Woodman has Australia, Asia, and Africa at the bottom of his bucket list. It’s not that he has less desire to visit these places than others on his bucket list, but until retirement, Ian Woodman says it will be hard to find the time to make such long treks.

From the States, Australia is a fourteen-hour trip, involving crossing the International Date Line. That means if Ian Woodman leaves on Friday night, he’ll arrive on Sunday morning. Not only will this mess with his internal clock, it will also require significant time off of work. Not so easy for a man like Ian Woodman who is running his own successful business.

The trip to Asia can be even more grueling, explains Ian Woodman, taking as long as twenty hours. Africa requires a ten-hour flight, which is only slightly longer than the flight to England, notes Ian Woodman. While Australia, Asia, and Africa may not be at the top of Ian Woodman’s list, he hopes to find time once he retires to take the long trips.

An avid traveler like Ian Woodman will find an endless supply of things to do in Australia, where the beauty of the outback and history of the forests will keep him busy. In 4-wheel drive vehicles, Ian Woodman and his wife can take a guided tour around the outback, via the Savannah Way or the Explorers Highway. To indulge Ian Woodman’s love for water, Australia has surfing and diving, allowing his party to experience the beautiful waters of Australia.

Whether it’s viewing the Grand Palace in Bangkok or enjoying the beaches of Sentosa Island in Singapore, Asia has a little bit of everything for Ian Woodman and his wife. As it is the globe’s largest continent, travelers like Ian Woodman generally prefer to tour all of Asia in one long trip, similar to the tour of Europe that is also on Ian Woodman’s bucket list.

Africa’s safari experience will be ideal for Ian Woodman and his wife, who love to learn about new things. But Africa isn’t only for safaris. The beaches in North Africa appeal to travelers’ desire for relaxation and mountain lovers will enjoy Mount Kilimanjaro.

Like many of us, Ian Woodman has so many places he’d like to visit, but so little time. After retirement, Ian Woodman hopes to be able to cross these interesting places off of his bucket list, in addition to his many other travel experiences.

Kummetz Corporation Expands to European Capital Markets

In Finance, Marketing on February 1, 2012 at 11:58 am
Kummetz Corporation

Kummetz Corporation

With projects in Brazil, Columbia, and South America, Kummetz Corporation has already proven itself as a leader in global business development. Now Kummetz Corporation is taking on the European markets by expanding into Europe.

Licensed in Nevada, U.S.A. in 2005, Kummetz Corporation is a financial services company that invests in projects worldwide. With a goal of expanding even further, Kummetz Corporation now brings its boutique services to London and Madrid. Kummetz Corporation will be working through offices in both areas, in search of investment and business development opportunities.

By opening these local offices, Kummetz Corporation hopes to be able to get a better feel for the area, as well as become a vital part of the local community. Having a presence in country also makes Kummetz Corporation more convenient to its clients. In Brazil, Kummetz Corporation has invested itself deeply in the culture of the area, which allows the company to determine areas that need economic stimulation, including education and housing.

Kummetz Corporation is targeting more than fifty core financial capitals in an effort to expand throughout the world. With every project it undertakes, the management team at Kummetz Corporation bring a deep personal integrity, and this expansion to Europe’s capital markets will be no different. Kummetz Corporation, says a Company spokesperson, always strives to offer the highest possible quality of service while using its global relationships to provide a broad base of products and financial services.

The European Capital market is thriving, according to the team at Kummetz Corporation. The European Union (EU) is considered the wealthiest in the world and is expected to grow even further in the future. The EU is a union of European states, with 27 currently participating, Kummetz Corporation explains. Romania and Bulgaria were recently added to the EU, further strengthening its power. By establishing a single market representing all of Europe, the EU hopes to continue to improve export opportunities as well as finding new business opportunities within Europe.

Kummetz Corporation hopes to be able to participate in the growth of the EU capital markets using valuable resources the Company has developed around the globe over the years. As an example, Kummetz Corporation participates in mergers and acquisitions, as well as business restructuring and new business development.

Joe Aldeguer Offers Fresh Solutions to Weather the New Economy

In Finance, Real Estate on January 19, 2012 at 3:03 pm
Joe Aldeguer

Joe Aldeguer

Chicago financial advisor Joe Aldeguer was recently asked by Presentation Solutions what consumers can do to keep their heads afloat amid the new economic issues facing Americans today.

Presentation Solutions: Thank you, Joe Aldeguer for taking the time to speak with us today about such an important issue.

Joe Aldeguer: Absolutely my pleasure. I’m always ready to talk finances!

Presentation Solutions: So, tell us. With the housing market declining, is your office in Chicago seeing new trends among homeowners?

Joe Aldeguer: Great question. Yes, we are seeing that consumers are more open to opt for a strategic default than they were just 5 years ago.

Presentation Solutions: Exactly what does that mean?

Joe Aldeguer: Very simply put, many Chicago residents are upside down in their houses. They are learning that it may be best to walk away from the loan, cut their losses, and start fresh.

Presentation Solutions: So what you are saying is that they are actually allowing a foreclosure?

Joe Aldeguer: Usually that is the end result. People are seeing that the banks stuck them with these defective loans that they [the bank] knew were far more than the property’s actual worth.

Presentation Solutions: Houses were valued much higher than ever before there for a while.

Joe Aldeguer: Yes, they were. People were almost scared not to buy, and lenders got careless.

Presentation Solutions: True, but how do your clients feel when you suggest foreclosure?

Joe Aldeguer: It used to be a very awkward conversation. People were ashamed and embarrassed. We are seeing now that the house values in Chicago should never have gotten so high. People are accepting that it isn’t their fault.

Presentation Solutions: As with most of life’s trials, acceptance is the hardest part.

Joe Aldeguer: You said it! People are seeing their houses for what they really are now: a material possession. Letting it go is really like giving up any object.

Presentation Solutions: Yes, but there are so many emotional issues involved.

Joe Aldeguer: We are certainly sympathetic to that, but when their backs are against the wall, coming to the understanding that defaulting is a business decision helps.

Presentation Solutions: Regarding your Chicago area client base, Joe Aldeguer, do they view it as a business decision?

Joe Aldeguer: It certainly takes some getting used to, but I’ve found that people are much more open to wiping the slate clean and starting brand new. I try not to say they are losing their home because it is true that a house is not a home.

Presentation Solutions: Isn’t it much harder to re-qualify for a new home loan later after a foreclosure?

Joe Aldeguer: Well, it is likely that the individual won’t be able to buy a house the next day, but there are ways to get an FHA loan in as little as a year after the process is complete.

Presentation Solutions: Sounds like you guys help people really take charge.

Joe Aldeguer: We are a solutions oriented company and believe that action is the best way to change for sure!