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BUSINESS
Impact on Taxation and Finance
Who Should File A Tax Return?
Surely, not everyone should file a return.
The rules are all spelt out in the instruction manual of the
IRS Publication 17 for specific filing circumstances. Most
taxpayers make it through tax-filing season without any
hassle mainly because the Internal Revenue Service doesn't
require a return from them. Three basic criteria must be considered
when determining whether you have to file a return or not: -
your age, your filing status and your income. Generally,
once you reach a certain income level, the law requires you
to file. The amounts are adjusted annually for inflation.

Impact on Real Estate and Business
February 15, 2007
Is All Networking Marketing A Pyramid
Scheme?
Of course not. Some of us may have had tragic experiences
in the past and we seem to shun any idea that confirms or
subscribes to networking procedures. In today’s world, one
should take the necessary steps to evaluate current
programs, with an open mind before making a judgment call.
Recently I had reason to visit a network marketing meeting
at John Vaughn’s All State office in Brooklyn where Llwellyn
Bailey was conducting a seminar on a program called " 5
Links." What struck me was the passion, dedication and
commitment that was vividly spelt out in the presentation.
Whenever we address networking groups, we should focus on
one aspect of our business at each meeting. Remembering at
all times that your goal in the networking process should be
to train a sales force, and not necessarily to close a sale.
Hence, each time you have an opportunity, focus on a
specific product or service you offer and then train people
how to recruit or refer potential individuals or groups to
the program.


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