Quantum Financial, Quantum Financial Management

Online, January 26, 2010 (Newswire.com) - Quantum Financial Management
Quantum was founded with the intention of helping businesses and individuals effectively deal with the taxing authorities, while maintaining the highest integrity. At Quantum, we realize the urgency of the situation you are facing and look forward to aiding you in resolving your tax issues. We benefit our clients by assuming the role of mediator between taxing authorities and the client, giving you peace of mind and a sense of security.

What is Quantum Financial Solutions?
Quantum is a full service tax negotiation firm. It is all we do. Our licensed tax professionals take great pride in knowing what to do in negotiating with the tax authorities and we get excellent results for our clients. We are the specialists who represent tax payers who cannot pay or who have not filed their taxes.

Why wouldn't I want to represent myself when dealing with the taxing authorities?
Our affiliation with the taxing authority is as a Licensed and trained tax professional which negotiates on behalf of you the taxpayer. It is in your best interest to use our experience to help you reach the settlement you deserve. We understand the complicated and comprehensive in's and out's of the tax code which to you the average citizen would be a daunting experience to say the least and would not offer much chance of success.

How much will my first consultation cost?
Nothing! Quantum provides a free initial telephone consultation to determine your needs and design your unique tax reduction plan. Our experience has shown us that when we help the client determine what the problem is, diagnose how to resolve it, and implement an affordable action plan the client is all too happy to contract with us to resolve their tax problem.

What will Quantum do for me?

* WE WILL PROVIDE YOU WITH PEACE OF MIND
From the moment we represent you the government agencies will call us not you. We will ease the collection pressure they put on you. We will stand between you and the TAX MAN.
* WE WILL PROTECT YOUR RIGHTS
Congress recently enacted the taxpayer bill of rights. It packs a lot of protections built in to keep overly aggressive tactics from being utilized unnecessarily. We will make sure your rights are protected and respected.
* WE GUARANTEE YOU WILL GET A SOLUTION
There are in most tax cases only a few viable options to negotiating an acceptable tax resolution. We will find the tax solution that is right for you.

What should I look for in a tax consultant?
Anyone can claim they are a tax consultant-and many do, even those without solid credentials. When choosing someone to help you with tax problems, look carefully at experience and credentials:

* How long have they been in business?
There are tax consultants who practice without the support of an experienced staff. Quantum has a staff of professionals that has been solving tax problems since 1984.
* Who will be doing the work?
Far too often the so called "consultant" you talk with on the phone is just a salesperson. Ask to speak with and discuss your case with someone who has the experience and expertise to actually handle your case. You wouldn't have surgery without first talking with the surgeon, would you?
* Do they have easy access to accountants, lawyers, and other professionals to whom they can collaborate on your tax problems?
A solid network of reliable professionals is essential to some tax resolution cases. Quantum has long-established relationships such as these in many professional areas.
* Do they have access to lending if this is necessary to help you?
Sometimes lending is needed to resolve a problem or to fund an offer. Quantum has these resources available to help you.
* Will they handle the entire case on your behalf?
A consultant who will not handle the case on your behalf is not providing a complete solution. Do-it-yourself approaches are mostly unsuccessful, and other solutions often don't keep your best interests in mind. Quantum fully handles your case on your behalf, and works to find the best solution for your unique situation.
* Do they handle both Federal and State tax problems?
Before hiring a tax consultant, make sure they can handle your specific tax problems, including both Federal and State. Quantum handles both.
* Is resolving tax problems their full-time job?
Some consultants handle tax resolution as a side business in addition to doing tax returns, audits and other activities. Quantum clients benefit from our exclusive focus on tax problem resolution and financial solutions.
* Are they looking to resolve the cause and not just the problem?
Finally, consider whether the tax consultant is looking at your case for the long haul. Tax problems are often symptoms of other issues, and the biggest payoff will come from a professional who has his/her eye not only on solving the immediate problem, but helping insure financial success far into the future.

What are the differences in service among a tax consultant, attorney, and CPA, when it comes to tax problem resolution?
The primary difference is that each professional has strengths in different areas. Each can deal with the IRS, but their only area of focus and expertise is not usually the resolution of tax problems. An attorney, for example, focuses on legal matters, such as criminal issues. If you have criminal issues, Quantum will refer you to an attorney who can help. Most tax problems are financial problems, not criminal problems. Most CPAs deal with accounting, auditing, financial statements and preparation of tax returns. Many now offer investment services, such as selling insurance, mutual funds and other investments.

Quantum concentrates strictly on solving tax problems and financial solutions. We do not prepare tax returns or sell investments. Because this is our only area of focus, our knowledge, experience and depth of expertise often surpasses that of an attorney or CPA.

IGNORING THE PROBLEM DOESN'T HELP

bullet The Time Bomb As a result, the executive or entrepreneur may enter into an unrealistic payment agreement because of optimism or the desire to take off the heat. This starts the time bomb ticking.After the taxpayer agrees to a payment plan, the tax account is monitored and supervised by the taxing authority. There is a distinct change from normal account handling procedures. When a payment or payments are missed, the system is set to initiate enforced collection actions and the time bomb explodes. In certain instances, for example, when the taxpayer is not current on forward-going payroll taxes, a seizure may be difficult, costly or impossible to avoid.

bullet Defusing the Time Bomb The best time to defuse the time bomb is before it starts ticking. In the case of a payroll tax installment agreement, this means hiring a professional to assist you to obtain the longest term payment plan that the taxing authority/law permits . . .given the particular circumstances. Since an entire company is often "on the line," this is not the time for the CEO to try out negotiating skills in the unfamiliar territory of taxing authority internal policies. Correcting an improperly handled negotiation and/or agreement can prove impossible or uneconomical to correct later.

If a business cannot make, or sees that it cannot make payments as scheduled in an installment agreement, the following are important factors to keep in mind:
bullet Installment agreements are contingent on staying current with on-going payroll taxes. If the taxpayer is not current, becoming current very quickly is critical to avoid enforced collection action.
bullet It is usually better to come forward before a default than it is to attempt to negotiate with enforced collection officials after payments have been missed.
bullet Professional help should be sought to re-negotiate the agreement.

Quantum Financial Management
There are many ways to find investors and the type of business that is being started will limit the possibilities. One of the best places to go for a business loan would be to a small commercial bank. Oftentimes, small commercial lenders have more wiggle room in lending requirements than larger regional or national banks have. Getting a loan from a bank, however, will require significant assets pledged as security for the loan. Small banks will often require that the borrower give a personal guarantee which will increase the financial exposure for the business owner.

Grants - The business library in your local area is an excellent area to start to tap into the grants available through the government, corporations, non-profits, and other organizations. This type of money is called free money to some. This is money that doesn't have to be paid back, but with some grants, there are specific regulations on how the funds can be spent.

Quantum Financial Solutions Perks of Sharing

Can you trust your shared aircraft to be in tip-top shape when you need it? Yes. The added benefit of sharing a business jet means that all parties have access to the best support and aircraft maintenance. Charter air flight companies manage their fleets 24 hours a day, 7 days a week, so they're at the ready when you need them.

Purchasing a full jet may not be the best strategy, depending on your business and needs. But fractional ownership through an aircraft charter is definitely a better solution to your long or short term needs.

USDA - For those involved in produce and working the land for food purposes to be resold, in the agricultural industry, then you may qualify for a small business loan. Check out the USDA website to find all of the information you need about their small business loans and what information they need when you apply.

Here's how you can easily sell your business:

1. The first thing that you need to do is to make sure that you are really 100% willing to sell your business. There are other people who are so attached with their business that they back up in the middle of the selling process. As you don't want to waste your time, money, and energy, make sure that you will not change your mind once you get started with the selling process.

2. Hire a business appraiser. Prepare all the needed documents (statement of income, adjusted balance sheet, etc.) that a business appraiser can look at to determine the real value of your company. This is very important so you can make well-informed decisions in regards to the tag price of your company.

3. Hire a business lawyer. You will need the help of an attorney to prepare a contract of sale. Unlike when selling your house or your car, selling a business certainly involves more complicated variables and far less standardization of the language or terms that will be used in the contract.

4. Consider taxes to be paid. Get to know the tax implications of selling your business. You may need to pay taxes for your stock interest or partnership rights. You can contact internal revenue services if you are clueless about this matter.

5. Finding potential clients. Aside from advertising your business using all marketing mediums, you may also opt to personally call or email those people who might be interested in buying your business. Give them an easy way to contact you or your lawyer. To save time and energy, I recommend that you create a criteria for your prospects. These criteria must be met before you meet up with these people. This is to make sure that you'll only spend your time with those individuals who are willing and able to make a purchase.

6. Finalize the sale. Once you have found the perfect buyer for your business, meet up with him together with your lawyers. You will need to finalize the payment, sign some contracts, and decide on when the turn over will take place. You may need to help these people during the transition process to seal the deal.

Quantum Financial Solutions will be updating our website to inform our current and prospective clients of our successes with the IRS and various state taxing authorities.
Quantum Financial Solutions has been at the forefront of helping individuals and businesses solve there delinquent tax issues.
With the current economic conditions, American tax payers are facing increased collection efforts from the IRS and state taxing authorities, including wage garnishment, bank levies, and lien filing.
Quantum Financial Solutions has been successfully helping businesses and individuals for over 6 years. With that kind of experience in this industry, we are confident we can address any situation a tax payer may be in.
Please read on to see how we have helped some of our clients turn a delinquent tax debt of over $30,000 into a one time payment to the IRS of only $2500!!

Minorities - For those whom are considered a minority, there are all types of programs to help you start your business. There are some small business loans provided to qualifying minority groups. The MBDA works with minority groups and evaluates their situation to determine if they can apply for a small business loan. They also offer many tips and resources to help you get started with your business venture.

You have spent the majority of your adult life working hard and slowly nurturing your company to a position of strength. Your reputation as an honest and efficient business person is a proud reflection on your work and the fact that many of your long standing clients are now trusted friends is testament to this. So how do you put a price on your life's work and can you really walk away knowing that the business will be in safe hands?