Accounting

25000 Loan Serves As First Step Towards Business Ownership

Prospective business owners looking to set up shop in Washington DC’s Ward 7/Marshall Heights area have strong support from the Marshall Heights Community Development Organization (MHCDO). The MHCDO provides, often at no cost, entrepreneurial and business training, one-on-one small business counseling in its Business Information Resource Center, technical assistance with loans, legal, accounting and other business-related areas, and special loan packaging, and loans ranging from $10,000 to $25,000. The group will also perform market research and assist with the development of print advertisements and other materials to promote the entrepreneur’s business. Marshall Heights Community Development Organization, 3939 Benning Road, NE, Washington, DC 20019, 202-396-1200

Visit: www.mhcdo.org

Get 100000 Grant From The IRS

Organizations providing low-cost legal assistance to people involved in tax disputes can apply for grants worth up to $100,000 for the calendar year. This year $6 million was awarded to 102 organizations. Grants are awarded in December for the following year. To qualify for a grant, tax clinics must be run by accredited law, business, or accounting schools whose students represent taxpayers in tax disputes with the IRS or in the courts, or by tax-exempt organizations. These groups can represent taxpayers in tax-related matters, refer taxpayers to qualified representatives and provide non-English speaking taxpayers information about their tax rights and responsibilities. Clinics may charge tax payers a small fee for legal help. For more information request application package in Publication 3319 by phone at 800-829-3676 or visit the following web sites

Visit: www.irs.gov/newsroom/article/0,,id=103846,00.html