Money & Your Business

IRS Adds Functions to Online Payment Agreement Application
IR-2008-77, June 6, 2008

WASHINGTON — The Internal Revenue Service today introduced several new features to the interactive Online Payment Agreement application , which will make it easier for taxpayers and their authorized representatives to make changes to existing installment agreements.The system will now permit:· Individuals to revise their payment due dates and/or amounts on existing agreement

• Individuals to revise existing extensions to regular installment agreements and direct debit installment agreements.
• Individuals to revise existing regular installment agreements to a payroll deduction installment agreement or a direct debit installment agreement.
• Practitioners with valid authorizations to use the signature date found on their approved Form 2848, Power of Attorney and Declaration of Representative, or the caller ID as an alternate way to authenticate when requesting agreements for clients.

More than 75 percent of those eligible for an installment agreement can establish one using the online application, according to the IRS. Since launching in October 2006, more than 30,000 taxpayers have successfully used it to set up a payment agreement.Eligible taxpayers who owe $25,000 or less in combined tax, penalties and interest can self-qualify, apply and receive immediate notification of approval for installment agreements – including pre-assessed agreements on tax year 2007 Form 1040 liabilities and paperless direct debit agreements.Paying taxes on time and in full avoids unnecessary penalties and interest. However, taxpayers who cannot pay in full may request a payment agreement. To be eligible, a taxpayer must first file all required tax returns and be current with estimated tax payments, if applicable.

El Dorado Savings Bank Celebrates 50 Years in Business!

During the week of June 16-20 El Dorado Savings Bank will be celebrating 50 years in business at all 35 branches in Northern California and Northern Nevada. El Dorado Savings Bank opened its first branch in Placerville at 448 Main Street on January 3, 1958. In the following 50 years El Dorado has expanded to 32 branches in Northern California and three in Northern Nevada. The bank now employees 350, has a local call center, Internet banking, assets of over $1.5 billion and has been awarded a 5 star rating from BauerFinanial every year since 1993. El Dorado is also the largest locally owned bank in the greater Sacramento area.

“We offer all the services of a large bank with the friendly, personal service of a neighborhood bank,” stated Tom Meuser, Chairman of the Board and CEO. “Many of our customers and employees have been with us over 20 years”, he added. “We’d like to thank them all for making our first 50 years so successful and we hope they continue on with us for the next 50”.

The celebration will include refreshments Monday, June 16th through Friday, June 20th, with lunch being served on Thursday, June 19th from 11:30 a.m. to 1:00 p.m. A drawing for a $500 savings bond will be held at each branch on Friday afternoon, June 20th. Entry blanks will be available at all 35 branches throughout the week.

Ormand Named VP of IT at Heald College

Roseville, CA, May 12, 2008 – Heald College today announced Matt Ormond, Citrus Heights resident, has been named Vice President of Information Technology (IT). In this role, Ormond will be responsible for overseeing Heald’s engineering efforts, including campus IT operations, network services and application support.

Ormond has worked in Heald’s IT Department for 10 years. He started with Heald in 1998 as an adjunct faculty member preparing students for advanced certification in Microsoft Windows technology. In 1999, he became the network administrator for Heald’s Sacramento campus. Ormond has also worked as the regional IT manager, overseeing six campuses; as the IT manager, overseeing all 11 of Heald’s campuses; and most recently as the director of IT.

“Matt’s commitment and contributions to the success of our students and the College are exemplary examples of what Heald College is all about,” said Nolan A. Miura, president and CEO. “Matt’s management and IT experience, as well as being a Heald graduate, make him a perfect fit for this position. I am looking forward to additional contributions from Matt as he moves Heald’s IT Department forward.”

Ormond graduated from the Sacramento Heald Institute of Technology in 1994 with an Associate of Applied Science degree in electronics technology and received an Associate of Applied Science degree in networking technology from Heald in 1996. Ormond received his Bachelor of Science degree in management from the University of Phoenix and is currently pursuing his Masters of Business Administration from the University of Maryland.

About Heald College
Founded in 1863, Heald College is a private career college, with 11 campuses in the western United States. Its mission is to provide career-focused programs in healthcare, technology and business that prepare students for workplace success in the shortest practical time – generally 18 months or less. Heald College offers associate degrees, short-term diplomas, and certification training programs, and is accredited by the Accrediting Commission for Community and Junior Colleges of the Western Association of Schools and Colleges (WASC). For more information, please call 1-800-88-HEALD or visit www.heald.edu.

The Future of Telephone Technology
New Internet Calling Opportunity - Great for Stay-at-Home Moms

(COLORADO SPRINGS, Colorado) - It wasn't long ago that rotary phones were in fashion. These days, the internet is a growing means of telephone communication. Voice Over Internet Protocol (VOIP) companies, which offer internet telecommunications services are growing rapidly.

One company, called VIPConnectz!, offers these international internet-based telephone services for individuals and small businesses. The company uses a flat-rate fee for all international calls, taking the guess-work out of global calling.

"VOIP is a billion dollar industry," said Leon Gillis, who is affiliated with VOIP company VIPConnectz!." Some analyst seem to think that in the future all telephone calls will be made over the internet because of the low cost."

In a recent corporate call, Gillis discussed just how many multi-millionaires will be created by this new technology and how those who are involved early will have the greatest earning potential.

"Imagine calling across the world by using the power of the internet and knowing exactly how much it will cost," said Gillis. "There is a reason this new technology is growing rapidly - we are connecting the world."

The company uses affiliate marketing to spread the word, which also allows individuals to tap into this growing phenomenon, while earning extra income.

"Stay at home moms in particular are very excited about this opportunity," said Gillis. "Anyone who could use extra income will be enthusiastic when they hear the details."

Affiliates receive a monthly residual income for direct sales. They also receive income from independent sales representatives and managers. A compensation plan, and several bonuses - including for signing up - are exciting for affiliates.

"This is a way we share this new technology with those who want more than the average work day - for people whose dreams are bigger than that," said Gillis.

Contact Leon Gillis by calling 719-574-4005 or go to his web site www.vipconnectz.com.

Archives...