Creative Tax Solutions | How Donald Trump Shocked the World

He defied the odds to become the 45th President of the United States

The polls said it wouldn’t happen this way. The forecasts said it wouldn’t happen this way. Even the betting markets said it wouldn’t happen this way.
But on Tuesday, Nov. 8, 2016, Americans elected Donald Trump the 45th President of the United States.
Sure, there was always a chance. The British voted to leave the European Union when so few expected them to do so. Why couldn’t the same thing happen in America? That thought lingered in the back of many a mind as Election Day neared and polls tightened. Every previous prediction of Trump’s political demise had proven premature. But he had insulted so many people—blacks, Hispanics, women, the disabled, his own party’s leaders, just to name a few. He had broken so many political norms—not releasing his tax returns, threatening to jail his opponent, lying at a rate never seen in modern politics. So no one, Republican, Democrat or any other stripe, saw a tsunami of this size coming. Only hours before Trump officially vanquished Democratic rival Hillary Clinton, one prominent Republican commentator was writing a political obituary for his party’s nominee.
Establishment consensus, meet thy antidote: President-elect Donald Trump.
“Now it’s time for America to bind the wounds of division,” Trump, sounding quite a different tone than the man who had opened so many of those wounds over the last 18 months, told ecstatic supporters in his victory speech. “It is time for us to come together as one united people. It’s time.”
It will take days, weeks and perhaps years for Americans and their leaders to fully understand what happened on Election Day 2016. It will take longer for the country and the world to grapple with whatever happens next.Financial markets were tanking even as the prospects of a Trump victory increased, and even as world leaders terseky congratulated him, they were surely bracing themselves to deal with a man who has pledged to reconsider decades-old international alliances and trade pacts. 
But one thing should be immediately clear: Donald Trump’s triumph on the Electoral College map was overwhelming. He won perennial swing states like Florida and Ohio. He won Pennsylvania, a state that has attracted the attention of so many Republican presidential candidates over the course of decades only to inevitably vote for their Democratic opponents. He won Wisconsin, a left-leaning state that was supposedly a safe piece of Clinton’s firewall. Read More...

Creative Tax Solutions | Stocks rise as investors await election results

Technology and consumer-focused companies led U.S. stocks broadly higher in afternoon trading Tuesday as the market recovered from an early stumble. Investors had their eye on the tight U.S. presidential race as voters headed to the polls.

The Dow Jones industrial average added 73 points, or 0.4 percent, to close at 18,333. The Standard & Poor’s 500 index gained 8 points, or 0.4 percent, to end at 2,140. The Nasdaq composite index added 27 points, or 0.5 percent, to 5,193. The stock market had its biggest gain since March on Monday, when it snapped a nine-day losing streak.

Hillary Clinton entered Election Day with multiple paths to victory, while rival Donald Trump must prevail in most of the battleground states to reach 270 Electoral College votes. Control of the Senate was also at stake. 

The market soared on Monday as Clinton’s chances for winning the presidency appeared to improve. Investors like certainty, and Clinton has been seen by the market as likely to maintain the status quo. Trump’s policies are less clear, and the uncertainty and uncomfortable closeness of the polls has caused jitters in financial markets.

“The market has been looking for the status quo result, and the polling in the last couple of days shows that result is a good likelihood,” said Mike Baele, senior portfolio manager at the Private Client Reserve at U.S. Bank. “That’s the reason why the market is bouncing here.”

China’s exports fell again in October in a fresh sign of weak global demand that is complicating Beijing’s efforts to shore up economic growth and reduce reliance on trade and investment. Exports contracted by 7.3 percent from a year earlier while imports fell 1.4 percent. Similarly downbeat figures emerged from Germany, where exports dropped 0.7 percent in September over August, while imports fell 0.5 percent in season- and calendar-adjusted terms. Read More..

Creative Tax Solutions | U.S. targets corporate tax-reduction strategy with new regulation

The Obama administration, in its latest bid to prevent American companies from minimizing U.S. taxes by rebating abroad, issued final rules on Thursday to combat a key tax-reduction technique known as earnings stripping.

Six months after proposing the regulations, the U.S. Treasury made good on its pledge to move swiftly against corporate tax inversions by rolling out the new final rule, despite opposition from business groups and from Republicans in Congress who demanded a delay only last week.

"For years, this administration consistently has called for comprehensive business tax reform to fix our broken tax system," Treasury Secretary Jack Lew told reporters. "In the absence of congressional action, however, it is Treasury’s responsibility to use our authority to protect the tax base."

Business lobbyists said the rules would likely be challenged in court.

Tax inversions occur when a U.S. company is acquired by a smaller foreign business from a low-tax country and adopts its domicile to reduce the combined firm's overall U.S. tax burden.Read More..

What is Tax Levies and Tax Liens?

TAX LEVIES

TAX LEVIES

Tax Levies is an administrative action taken by the IRS. IRS uses its power if anyone donot pay the taxes or make any illegal arrangement to settle down the tax debt. In such cases IRS takes some legal steps and seizes the property belongs to the person to satisfy tax debt.

For instance:

• The IRS can seize and sell  property( such as house, car) of any person who has not paid his taxes.
• The IRS can seize those property of yours, which are your personal but may have held by someone else.(such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).

IRS takes the above actions when these requirements are met:

• The IRS assessed the tax and sent you a notice or demand for payment, which is neglected or refused by you.
• The IRS will send you a final notice of your right to A hearing, at least 30 days before the levy. IRS will send you the notice on your registered mail or address.

If the IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.

IRS will release your property, wages or federal payements only when:

• The levy is released
• Person pay off his tax.

Your bank account must hold the funds that your have in your bank deposit If IRS levies your bank account.This time is of 21 days and will be consider as holding time, which allows time to resolve any issues.If this money applies to the IRS, the bank would sent it to them.

If you are facing such problems,please come to us. It is a serious matter and should be resolved by the expertise. Our team of creative tax resolution will provide you best services to make your life debt free..

Contact us today to schedule an appointment with a specialist of Creative Tax Solutions.

TAX LIENS

TAX LIENS

A Tax Lien is a lien imposed by law upon a property to secure the payment of taxes. A tax lien may be imposed on the properties which are found guilty, it could be real as well as personal property. Lien is imposed as result of non payment of taxes.

IRS can legally claim to your property as security or payment for the taxes one has not paid. It is the legal right of the IRS to sell the property if one fails to pay the taxes. A notice of lien filed only after IRS assesses the liability.IRS send you a notice of demand for payment which need to be responded within 10 days. If someone fails to pay the full payment of debt,IRS notifies about the lien.

Once these requirements are met, a lien is created. Through this lien IRS publicly notifies that all your property is under the IRS claim.

This notice is used by courts to establish priority in certain situations, such as bankruptcy proceedings or sales of real estate.

The lien attaches to all your property (such as your house or car) and to all your rights to property (such as your accounts receivable, if you are a business).

Worst part of the lien is that you can not apply for any kind of loan or money  anywhere. No such organizations going to help you out. To resolve all these problems you may have the 30 days within which you can sort out the issues to a limit with the IRS.But the procedure needs a strategy, time and patience.

We recommend people to solve their problems by taking the help of an established tax resolutions companies. They can help you legally. Creative tax resolution has the team of experienced expertise who are qualified enough to sort out your problems.

What Are Tax Audits? | Creative Tax Solutions

Tax Audits

When the IRS decides to examine your tax return a little more closely and verify that your income and deductions are accurate.
Commonly, your tax return is being audit when something curious is found.

The mere thought of an IRS Tax Audit causes fear and anxiety in the minds of most American taxpayers. The process appears intimidating and you are thinking:
■    What records should you bring?
■    What are they looking for?
■    What did you do wrong?
■    What penalties are involved?

The tax professionals and associates on duty represents their clients during IRS audit. These professionals are performing their duties for years.We suggest our clients not to fear during an audit when they are well prepared to to face it.
But it is your advantage to meet us to discuss your records and circumstances, as we can help you in a more professional way.
During our first meeting, we can examine the details of your situation and determine the best methods to research and present the facts to the IRS.We need some additional information regarding you in which we will help you to gather. We will consider all aspects of your personal and professional finances, and how they may affect the tax audit.
We are a legal professional and will stand on behalf of you during the examination. You need not panic and feel anxious during the progress. Prepare yourself well before time to make your side clear.

What is Tax Relief?

 What is Tax Relief?

Tax Relief

A program that reduces the amount of tax owned by any individual or a business entity. It is intended to
reduce the tax liability. Certain requirements must be met to obtain some form of tax relief. Tax Relief is
kind of providing concession to tax payer. However the term is often used in United States.
The government provide tax relief to the individuals and business entities who are in need of financial
breaks. But, these reliefs are not for multi-million dollar productions or billionaires. Often tax reliefs are
granted to victim of disasters.
A reputable tax relief company can help you to reach a tax relief agreement with IRS. Our experts will
help you to be debt free.




HUGE NUMBER OF PEOPLE MAKING USE OF THE OPPORTUNITY

Opportunity

Number of people in America is going for these tax breaks. Tax codes in America are very complicated
which makes the people go under debt. People really get tensed for their debts as IRS is the world’s
largest tax collection agency. They have very hard and fast rules for the payment of the taxes. In the
situation when people are not in a condition of giving taxes apply for the tax relief. It is useful for those
who are in real need of this service.

TAX RELIEF- BEST EVER SERVICE

Tax Services

Tax relief is doing satisfactory work to keep its clients far away from the tensions. Studies show that
many people in the world are under debt and they do suffer from number of disease. Tax relief is a step
to get back people’s happiness and satisfaction. It is considered as a vital step taken by the company to
help the needy people. Our company is working in a two phase program
Put out any temporary fire.
Prepare a best possible outcome.
We would love to help people in their bad times and would like to hear from you.