Results 1 to 7 of 7
  1. Collapse Details
    Looking for Loan payback tax help
    Hi all. We are about to purchase a business, actually 2, that are S corps. we were looking at the 401k robs, and are getting scared of that. so, to fund the business, we have available, a home equity line and will either use a sba loan or a loan from a family.

    my question is, since we will keep the same s corps by name, tax id, etc., where does the loan payment come in to play, before or after taxes? So, for the sba loan/family member loan, are the payments made as a business expense and thus before a w-2 paycheck to us from the business. The same question about the home equity loan we are using to purchase the business.

    So, if we must pay back both loans as expenses to us, the employees, then we will end up losing a lot of money in the process between taxes on the income and adding about $15,000 we'll lose in ACA insurance premiums.

    If we are able to pay back both loans or at least one loan from the business, we can use any extra profit towards the loan to keep our lower income and keep our ACA premium assistance, plus pay more back since we won't be paying uncle same taxes.


    Share on facebook


    Reply With Quote
     

  2. Collapse Details
    Your problem is very serious, yeah, but loans won't resolve it. I don't know why people still believe that it can help someone. If you need a big sum of money asap, look this site - https://canadian-free-slots.com/royal-vegas-casino.htm. You may say that casino is a very risky thing, but trust me, it's a good one.


    Share on facebook


    Reply With Quote
     

  3. Collapse Details
    I agree with you. The casino is the best way of having money. I hope that site https://rocketpayz.com/roulette-online-paypal/ will a good example. Thanks.


    Share on facebook


    Last edited by AlexanderMetcalf; 04-19-2019 at 11:01 AM.
    Reply With Quote
     

  4. Collapse Details
    I guess I will start playing casino games soon, cause I want to open my online grocery store, but as you probably understand it needs a lot of money for that. Just in case you are interested in it too, look at https://light-it.net/blog/16-things-...rocery-store#1, it will be very useful for you.


    Share on facebook


    Reply With Quote
     

  5. Collapse Details
    You obtain cash from a private moneylender and utilize that cash to make good on off your regulatory obligation. You will owe enthusiasm on the advance however the loan fee will probably be lower than the IRS financing cost in addition to the punishment. ... You simply need to make your regularly scheduled installments on the advance.


    Share on facebook


    Reply With Quote
     

  6. Collapse Details
    All those financial issues are so complicated. I am trying to figure things out with online lending and I was lucky enough to find a good website where all the information is easy to understand. Some other ones I've visited confused me even more.


    Share on facebook


    Reply With Quote
     

  7. Collapse Details
    Howzit Guys? Friends, I`m here cause I believe that you know something about real money slots syndicate casino online. Do any of you know if*they had a max cashout on their no deposit free spins? I got 10 spins, won 2 euro, and now with 400 Euros left after wagering... Got 2 x1000 wins on $0.20 bet. And now I wanna know, can I withdraw everything that wagering is done? Thanks in advance guys for all your thoughts and comments.


    Share on facebook


    Reply With Quote
     

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •