How to improve your business credit?

Robert C Olivieri, Jr, a small business and real estate owner since 1978, has a few suggestions and tip on improving your business credit.

•Pay your bills on time. It should go without saying that your credit scores are largely dependent on how you treat the credit you are given. Pay your bills on time, all the time (especially your accountant). There is no trick here, but in this economy it may be so easy.

•Report vendors and partners that you do business with regularly. Many of a business’s creditors do not report back to the credit agencies. To make matters worse, transactions are usually reported only when business issue goes south and there payment challenge issues. But there is a bright side to this problem; many credit agencies allow you to report your trade references directly. For instance, you can furnish trade references to the "Dun & Bradstreet Credibility Corporation" and, once verified, they will be included in your credit report.

•Provide Information. You may be surprised to learn how little is really known about most businesses in America. Given the enormity of the market and its constant state of change, it is nearly impossible to keep up. There are approximately 30 million businesses in the U.S. and more than 600,000 new businesses created each year. Credit agencies are constantly playing catch up. Many of these agencies allow you to be proactive and provide more information about your sales, profits, number of employees, stores and other factors that affect credit. All of this will help to build a complete report which inevitably leads to a more accurate credit score.

For more assistance on this and other related matters, contact our firm now at 215.550.3636 and ask for Robert C Olivieri, Jr, also a CPA for over 20 years. You also may email him at rcojrproperties@gmail.com

IRS Conduct and Income and Asset Levies

Generally, the IRS is prohibited from taking a taxpayer’s income and assets, if such taking will result in an undue hardship to the taxpayer. The IRS is also barred from taking certain specified exempt assets. Additionally, Revenue Officers must conduct themselves in a professional manner and must provide taxpayers with reasonable time frames to respond to their requests. Unfortunately, not all Revenue Officers respect these limitations and sometimes conduct themselves in a discourteous manner and act without regard to the financial impact of their actions against taxpayers.

If you are in this type of situation, you need to call the firm of Robert C Olivieri, Jr PC for prompt resolution. We have night time and weekend hours for your convenience. Call us now at 215.550.3636. We will get you back on tract.

Payroll Tax Problems

Failing to properly file and pay payroll taxes is a serious matter. If the employer fails to timely file and pay payroll taxes, the IRS is authorized to collect these taxes from the business or even a person or persons who are responsible for withholding and paying these payroll taxes to the IRS.

The IRS typically employs Revenue Officers to work on collecting payroll taxes and to investigate the financial health of the business. Failure to correct a delinquent payroll tax matter could result in the closure of the business and liquidation of the business assets.

Call the offices of Robert C Olivieri, Jr PC for resolution of your personal or business tax challenges. We are available right now at 215.550.3636. We have convenient hours. Why wait, call us now.

The Junker Credit

The Junker Credit. Here we go again. Those who purchased those gas guzzling trucks and trade them in for a better miles per gallon vehicle will receive a break, courtesy of President Obama. When will these breaks for the "do wrongs" end.

What about us "do rights"?

What are the "do righters" getting out of never buying a gas guzzler?

S Corporation vs C Corporation

Does your accountant really know the differences between the S and C Corporations? They, most likely, tell you there is double taxation with a C Corporation. Right?

Call Robert C Olivieri, Jr now at 215.550.3636 for an analysis of the type of business you should be filing under with the Internal Revenue Service.

Retirement and Investment Confusion and Frustration?

Contact the Retirement Consulting and Strategic Specialists at Robert C Olivieri, Jr. PC if you have any questions or are looking to have your retirement portfolio analyzed by a “non stock broker”. We are not in the business to sell you products. You need to find someone you are able to trust and we are the professionals that will guide you and your family to a fruitful retirement.

Take advantage of our 30 plus years of Strategic Guidance in Retirement and Financial Planning using investments that have “Guaranteed Returns”, “No Risk” and better value for your investment and retirement dollar. Our unique retirement suggestions and strategies are not stockbroker or insurance agent friendly because, again, we are not in the business of selling stocks, mutual funds, annuities or life insurance.

Feel free to call us, almost anytime, at 215.550.3636 for any questions you may have. Is it not time you dealt with Retirement and Investment Specialists that are able to pave your way to wealth and freedom without the sleepless night and knots in your stomach when the stock market has it moments of volatility?

Incorporation or LLC services

Robert C Olivieri, Jr. says "there is no need for an attorney if you want to incorporate your business or set up an LLC.

Attorney's are ridiculous with their prices. Do you not love their famous phrase "I need a retainer". Most attorney's charge prices that do not include the following:

- corporate minutes
- federal identification number
- state unemployment application
- state withholding application
- advice on type of entity
- the real definition of an LLC
- setting up your books and records

Do you not leave an attorney's office still wondering what just happened and confused about what you need to do the next day?

Let OTC, Inc. set up your new business entity from soup to nuts. We will explain it all. You will not leave our offices without a plan. Our fees are all inclusive with no additional invoices.

Let the attorney's stick to law and not tax and accounting services. Hey everyone, attorney's do not know it all. After all, are they not attorneys who are running our country? How well of a job have they done over the past 40 years? Social Security? National Debt? War? Health Insurance? Poverty in our own Country? Shall I continue? Attorneys think they know it all! When will we all step up and put a stop to this insanity.

401k vs my opinion to fund your retirement

The Firm of Robert C Olivieri, Jr PC has had many clients over the years lose a tremendous amount of money in their 401k, 403b, IRA, Profit Sharing, Simple, SEP, etc. thanks to the past stock market crash's of June 2008 and March 2000 which eventually bottomed out in August 2002 thanks to all the suckers who bought into the dot com boom (including us). Then, another crash occurred in March 2009. The market has been rebounding since that crash, still off of their highs of October 2007. Here is the big question; when will the next crash occur? Will it be when you are about to retire? Or, will it be when you decide to rollover your retirement funds into an IRA? May it even be when you want to take an IRA distribution to help one of children purchase a house? What will you do? Do you have a plan?

Learn new techniques which will allow for the following:

- guaranteed rate of return
- no risk
- tax free distributions at retirement
- better sleep at night
- financially stable retirement years

Call us now for a quote to start your path to a fruitful retirement.

Public Company's Audited Financial Statements

The firm of Robert C Olivieri, Jr PC, performed their first public company audit on Log Point Technologies, Inc. during the mid 90's.

Call now with questions on taxes, investments and retirement solutions.

We will have the answers.

Holy Family Board of Directors

Robert C Olivieri, Jr CPA was on the Board of Directors for Holy Family College during the mid 1990's giving his input as to what accounting students should be learning in class.

CPA License

Robert C Olivieri, Jr. became a certified public accountant on February 26, 1985 having passed the examination.

Call Bob anytime for your most challenging tax and investment questions.

We have normal office hours after 605pm during the week and on even on weekends.