Wondering where all that stimulus money went?
So are about 300 million others in the US. For those fortunate enough to participate in ‘cash for clunkers’ or the $8,000 homebuyer tax credit, you’ve got a little redemption, but most haven’t seen any physical cash. The problem is not that the money is not available, (the American Recovery and Reinvestment Act http://www.irs.gov/
Where do we go from here? And more importantly, what can we {the American people} do to end these inefficiencies?
The facilitation of this stimulus money into the hands of the American people is an integral part of the rehabilitation of our economy. As American citizens whom share a common interest in our economy’s well being, we all have as much of a responsibility as our law makers in Washington. For example, there are organizations that have begun to take initiative. In an effort to improve the inefficiency of the facilitation of these tax stimulus programs, through creative campaigns, http://www.123taxcredit.com identifies targeted demographics with a high likely hood of qualifying for various tax incentives. Services range from college expense reimbursement to providing businesses with quick a cash infusion of cash flow; all with one intention, help improve the economy.
Recently co founder Adam Zalka, a Bachelor of Business Administration with concentration and major in Accounting, gave an education tax credit seminar to students of his Alma Mater Florida Atlantic University. The students were informed of details of the American Opportunity Credit, a $2500 tax credit for reimbursement of college expenses. Out of 20 students, only 3 got any of the money they were entitled too. “If there was a booth giving away $2500 to students at colleges and universities, the line would be around the block, but because the word ‘tax’ is involved, students get intimidated. We’re hoping to eliminate the negative connotation and provide students an easy solution for accessing available cash.”
In addition to helping individual students claim college tax credits, 123taxcredit.com is assisting many business owners in getting a quick cash infusion that they can reinvest into their business. At a time when borrowing business capital has never been more difficult, the government has made billions available for those that qualify. A new IRS tax provision is intended to provide businesses that were adversely affected by economic conditions, access to operating capital. Research indicates that nearly 80% of all businesses reported a loss in 2008, the highest rate since the great depression, prompting the government to expand a loss provision in an effort to stimulate growth. Properly facilitated, business owners can obtain large cash refunds in 4 weeks with little audit risk and no upfront cost.
123taxcredit.com employs some of the nations top tax credit specialists whom are experts in tax law and the facilitation process of stimulus incentive tax credits. Through extensive research and experience these experts are able to ensure that not only is the maximum refund amount applied for but also make sure that the filing is 100% compliant and filed correctly. In addition to serving the general public, many experienced professionals refer 123taxcredit.com’
