What is required by the IRS for a foundation in terms of the initial incorporation and subsequent gifting?
Assume a single donor that needs to use some of the funds for the costs of running the foundation after it is established.
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I need to find a line of credit, using my business, but my credit is bad , any ideas?
I am going back to college and want a line of credit, using my business as collateral, the problem is my credit is not good due to some bad business deals. Is there a lending institution that could help. I have two other people who have good credit and are willing to cosign. Also have paid for house I could use as collateral.
I have an open line of credit for my business. Where do I record the balance in quickbooks?
I made a deposit from the line of credit to the business bank account to purchase fixed assets.In what account do I post transactions to the credit line and the interest?
Is the initial starting investment in a corporation considered income for tax purposes?
For example, let’s say someone starts a C Corporation “Blahville, Inc” and initially funds the corporation with $3000 for 100% stake. Is the $3000 reported as income for the corporation? How is it tracked?
What is the best way for me to build some business credit?
I just got my tax id number from the irs, and I also have a state sales tax number. Im trying to become a reseller of computer parts that i plan to purchase from a wholesale company. My personal credit history is one of the worst in america. How can i get approved for anything to start building credit for my business? Whats the cheapest way, and fastest? I tried years ago to apply for an office depot card with a previous business, but they declined me cause my business had no credit. If i cant get an offie depot card, then what can i do? By the way I have a sole proprietor business.
what is incorporation process?
I need help. Can someone please describe what the incorporation process is?
authorised user accounts on my credit report. but what are these new addresses ?
When an Au line is reported on my credit report , does the original card holder’s address show up as well ? i just got 2 tradelines on my account and now i have two weird addresses on my credit report too. are these the addresses of the people who the cards belong to ?
In Articles of Incorporation, ” The number of shares which the corporation shall have the authority to issue”?
What do I put here? I am starting a small business. I will be the sole owner/incoporator and a few directors. The corporation is going to be a Close Corporation and we plan to have no more then 7 people in this company because it is all family members.
I am confused as to what to put because if I put 1 for “authorized to issue” than what do i do on the close corporation part?:
“This corporation is a CLOSE CORPORATION. All of the corporation’s issued shares of stock, of all classes, shall be held of record by not more than _________ persons.”
Please help me out! Thank you in advance.
if i put 1 and then i will be the primary shareholder but if i put 7 then it will be the 7 of them?
how can one make business credit card credit line explode?
how can one make credit line for business credit card go through the roof?
Ihave received a mail in my mailbox from yahoo/msn lottery incorporation, London stating that I have won X-mas
I won a x-mass promo lottery of 500,000 UK pounds and I have to pay 450 pounds to receive it through E-COURIER,London. Please highlight about the authenticity of the same.