It will not be easy to build up a business as you describe, because you have no experience in the field.

Your business may have to be licensed & bonded, which will cost you several hundreds a year.

You are competing with existing billing companies which are already established in the field; it will be difficult for an inexperienced person to win business away from established ones.

I suggest you become more qualified in the field in which you want to do business – whether it is this one or another. Learn about the rules, about the qualifications, and about the startup expenses.

can u make your sentence smaller so i can understand it?

through someone

The purchase of the car is not deductible anywhere on your tax return unless you use it for business purposes & aren’t reimbursed for mileage by your employer. Your medical expenses, on the other hand, would be deductible to the extent that they exceed 7.5% of your adjusted gross income (the bottom number on pg 1 of the 1040). Now, this only applies to medical expenses not covered by insurance & they must be paid medical bills, not bills that are due. Medical expenses are deductible in the year they are paid, which may not necessarily be the year in which they were incurred. If you have questions, I would suggest that you find a small CPA firm rather than a company like HR Block, Jackson Hewitt or Liberty. The preparers in those companies may not be experienced enough to handle your tax return unless you happen to get someone who has been there for several years – not just taught last fall in a 6 week course.

My hubby just got done doing our taxes through e-file through the IRS.gov site…. he filled them out yesterday, and today we got a confirmation that our taxes are filed, and we will have the money direct deposited into our bank account in 10-16 days… wonderful news to our ears…

Now on the site there are spaces for everything, and it asks you everything… we bought a new car, had kids, massive medical bills also… all where put foreward and gave us a nice return… and the site is guaranteed, so if they misscalculate, then they pay for it… you dont pay a cent!!(they do charge like 10$ to file state taxes though) It was cheaper than H&R block(used them last year), and saved us valuable time… simple, fast, highly recomend.

You can use the FreeFile Program through the web site and do it yourself.,,id=118986,00.html
All you have to do is search through the providers to see which one is best for you. Some providers do charge for doing the State return, but its a fraction of the cost that most preparers charge

software will give you all the deductions for medical and all that just the same as H & R Block

No. The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.

Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document – you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.

There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

You can go to the Catalog of Federal Domestic Assistance (CFDA) and Grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

Yes, there is government assistance: unemployment insurance.

While losing a job is devastating, one week is hardly enough time to begin despairing. Give it time and keep looking.

No. Downsize your lifestyle and expenses. Collect unemployment for 6 months while looking to sell and buy a smaller house. Even if you get a new job, downsizing in this economy is a good idea.