Hybridizing Your Vehicle
These frequently-asked questions were inquired by our current clients before hybridizing their cars.
Q- What is the difference between registering as a Company or as an Agent?
When you register as a company, your tax benefits are greater since you will shield your assets from any liability, you will pay lower taxes on earnings and more important, your commission are bigger. As a company you are able to hire independent contractors to work under your company. As Agents, your commission is smaller, you tax benefits and liabilities are the same as a sole proprietor. As an Agent, you will get commission when other referred independent contractors sign up.
Q- Do I have to take the car to a mechanic?
No. Hybridizing your car is a financial strategy that may have you receive more than double of your past income tax refund.
Q- What is the difference between New Wave Financial and other tax preparation or financial company?
At New Wave Financial, we believe that if we show you how you can make and save more money, we will make and save more money too. Instead of waiting for you to bring your tax forms to us at the end of the year, when you were not able to claim deductions or credits, we rather show you legal ways that you can claim the maximum amount of money back to you.
Q- Why is this program called Hybridize your Vehicle?
A hybrid car gives you more miles per gallon and contribute to a cleaner environment. Once you are enroll with Hybridize your Vehicle, you will save money, not only on the gas price, but on many other expenses. Part of your enronllment fee will be sent as a contribution to the Arbor Day Foundation so more trees are planted.
Q- Is this a Multi-Level Marketing or Pyramid Scheme?
No. The compensation that you will receive is based on your referral to New Wave Financial. Each one of our hybridizers are sole companies operating without changing their lifestyle or having to recruit other people.
Q- What do I get when I sign up?
You will get an eMarketing Company, Logo, A business plan to show you how to transform most of your normal expenses into business for write off purposes, a compensation plan for payment of your referrals and many other marketing tools and information. Also with your enrollment, your business tax preparation for this year is included.
Q- Will I be evading taxes?
No. tax evasion is a federal crime. Hybridizing your car is simply a way that you take the advantages that the IRS system offers legally.
Q- Do I have to pay taxes for being employed by New Wave Financial?
Some comission like mortgage processing, you will receive it via W-2, so if you refer a mortgage loan and you do not have a mortgage broker license, we must pay you as a W-2 and the rest of your commission is paid as 1099 or as Independent Contrator. The 1099 is payable to your own company. We will show and guide you to the easiest way to classify yourself to get the greater tax benefit depending on your future goals.
Q- Do I have to quit my job?
You do not have to quit your job or change your lifestyle. All we ask is that you keep the receipts of your expenses while you conduct business.
Q- How much can I write off on business mileage?
From January 01, 2008 – June 30, 2008 the IRS will allow the standard business mileage of 50.5 cent for each miles and from July 01, 2008 - December 31, 2008, the writeoff is 58.5 cent for each miles. This is the bigest write off the IRS has given thus far, What are you waiting for?
Q- Can I have a business out of my hobby?
Absolutely. With the Internet as your store, hundreds of customers will reach you online who may be interested on your products or services. You can also add our services as part of your package to anyone so they can save money by hybridizing their car, increase their credit scores, refinance or purchase a house, debt planning, income tax preparation, etc.
Q- I don’t know anything about taxes, corporation, mortgage, credit coaching or any other services provided by New Wave Financial, how can I offer this services if I don't know anything about it?
When you have your eMarketing company running,and you start offering our financial products, all that you will do is generate a contact. Most of the time, you do that anyway, without getting any compensation from other businesses. "We Will Take Care Of The Rest As Your Processing Company".
Q- How by me becoming a hybridizer, will I be helping the environment?
When you sign up, New Wave Financial will donate 5% toward the Arbor Day Foundation. We hope that more trees can be planted while we advance ourselves toward a more affordable petroleum-free technology. Your signup fee is a write-off expense at tax time, therefore, it will be a win-win situation. Let’s plant more trees so we can have a greener planet while you keep more of you greens in your pocket. With your corporate information, you will receive a copy of the donation information for your record.
Q- What happens if I owed taxes to the IRS right now, can I turn my car into a hybrid?
If you owe taxes to the IRS right now, Hybridizing your car will be the best financial tool. The first thing that has to be done, if you have not done it yet, is setup a payment plan with the IRS (the lowest possible payment so your budget does not get affected). By becoming a hybridizer your debts will be wiped out faster. Call us for more information on the subject.
Q- Do I have to have a college degree to be a hybridizer?
No. All you need to have is a vehicle. Most of our hybridizer made an additional income between $8,000 - $22,000 last year, just by doing what their everyday life.
Q- Why does New Wave Financial pays my company commission for referring a client to any of the financial services?
New Wave Financial understands that the most powerful marketing media is "WORD OF MOUTH" advertising. At New Wave Financial, we rather keep our cost of operation low and pay your company for referrals. This will do two things, help you with additional money and help you increase your income tax refund. Also, it helps us by spending less money on big advertisements so we do not have to sacrify services for volume to cope with the costs of marketing. The fact is that you will never refer a friend or family to a company who has not provided to you a great service at a very affordable price.
Q- I love the program, but I don't have the complete signup fee?
At New Wave Financial, we understand that often good things comes at times when you may not be ready for them. That is why we offer a pledge that if hybridizing your car does not put more money in your pocket, we will refund your every penny. If you still have issues with the signup fee, give us a call at 1-800-253-0766.
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