It’s been a while!

Just thought I would write something. Truth is I haven’t been blogging for quite a while but here goes. Tax season is coming up. I have been going over a lot of continuing education materials many of which focus on the tax ramifications of Obamacare. For individuals the premium tax credit can be a challenge. Based on income qualification you get the credit which can be advanced to you on a monthly basis. Since Obamacare is very expensive, most folks need the monthly advances to be able to pay their premiums. Here’s the problem. You have to estimate your taxable income for the entire year when you start the monthly advances. If your estimate is right on the money then all is well. If at the end of the year you wind up making a lot more money you may owe IRS big time. So be careful! More tax tips will follow. is back!

Carol Amato is getting it done!

Blogging isn’t just about creating your internet voice . Its about the intereaction and involve with your reader and viewers. Mike1040 recently wrote an article about “gurus” on the internet and how to spot them. I  don’t want you to think that everyone who makes you an offer falls into that category. I recently stopped by Carol Amato’s website. Certainly her command of information on her site qualifies her as a “mentor’. I commend her and her site as an example of someone reaching out with valuable content who’s trying to make a genuine human connection.

Sure internet markets and bloggers are commercial. We can’t help it.  But its important to remember why we blog in the first play. For me, its to make a difference, even to be the difference and of course to help. Stop over to Carol’s site and see what you think. I’ll be interested as always in your comments.

My name is Michael J Craig,aka Mike1040, and as always I’ll see you at the top!


IRS tax help or just more hype! Unfortunately just more hype is probably the answer. You know the ads I’m talking about, the ones that claim to save the person in tax trouble with the IRS eighty to eighty-five cents on the dollar. They are pure hype. Nothing more than blue sky. The program they refer to is the IRS Offer in Compromise program. Well guess what? If  the IRS feels that you can pay out the debt within seventy-two months you don’t qualify.  Even if you do qualify only about 15 percent of offers are actually accepted by the IRS.

So why do these ads seem to be everywhere. Simple, because they make money, a lot of money for the “tax help” companies. They get their fees up front. The poor tax client winds up with two problems instead of one. There I said it. I don’t care if it angers these companies. People with tax problems with the IRS deserve the truth.

What is the truth. The IRS will set up an installment agreement with you if you file your outstanding tax returns,( at a minimum the last five years). They will give you  5 or 6 years to pay on a regular basis Are installment agreements a good idea for the tax client?  Yes, in most cases they are the most practical alternative.

Do I offer tax help? Yes, I do. But I tell you the truth either in my office or here on the internet. If you live in the Philadelphia area call me for help at 267-345-0260. I’ll get to work for you and no HYPE!!!

My name is Michael J Craig, aka Mike1040, and as always I’ll see you at the top.

P.S. Your comments are welcome and will receive the commentluv they deserve.

How easy is Peer2Peer Investing in Pennsylvania?

I spent some time trying to decide on a good title to this post. I rejected things like “why isn’t peer2peer investing easy in Pennsylvania” and I’ll tell you why.

My name is Michael J Craig, aka Mike1040. Peer2Peer is a little complicated in Pennsylvania. Let me explain. Lending Club investors in Pennsylvania can’t invest directly. If you set up a Lending Club account in Pennsylvania, and a number of other states that are not yet approved, you are re-directed to a secondary platform called Foliofn.

The first thing you notice about Foliofn is that the interface is not as robust as the actual Lending Club platform. So what!!! It works well enough if you spend a little time on it. It’s a little slow. So get over it!!!

The advantage to Foliofn is that all the notes are live. On the main Lending Club site many of the notes are pending because the loans are in the process of being approved. Foliofn gets your money right in there…working,working, and working. With a little work you can sort the notes by number of months remaining, whether the borrower has ever been late or is at least current, and most importantly what your return will be based on the number of months left. I said it was a little complicated. I got the hang of it by going to They have step by step videos that will walk you through the whole process. I know their video techniques work because I’ve used them on the Foliofn site myself.

So the answer to my original question is that Peer2Peer in Pennsylvania with Lending Club can be very easy if you use a few simple video tools.

Let me know how it works for you. Here’s the link to

For  more info on Peer2Peer investing in Pennsylvania or elsewhere please go to my site archive or just ask a specific question in the comments, where your comments receive the commentluv they deserve. I’ll also post this blog over at IBOSOCIAL as well.

My name is Michael J Craig,aka Mike1040, and as always I’ll see you at the top.

Is Technology Overwhelming You?

It’s been a long and successful tax season. Michael J Craig Financial Services  has moved forward but unfortunately at the expense of I have been so busy in my business that I haven’t had the time to work on my business. I’m not the most technologically savvy person on the planet,( how’s that for understatement). Frankly sometimes I just feel overwhelmed by technology. When I feel like that nothing good happens. I put things off. Does that ever happen to you? How do you get back to moving forward.

I’m having a conversation with my wife about how to make my internet activity easier on the go. I kept talking about broad concepts and she kept talking about the technological features of different internet devices. At times I thought we were talking in different languages. It was frustration writ large, but then I thought, what should I do now. The answer is this blog post.

Don’t worry about what you can’t do today. If you have to learn something just do it. I want to be technologically mobile. I just have to do it and I need to start right now. is a voice for my personal journey. Thanks for listening and keep in touch!

My name is Michael J Craig, aka Mike1040, and as always I’ll see you at the top.

Peer 2 Peer Prosper Pennsylvania update.

Major peer 2 peer player Prosper has just issued an update about various states including Pennsylvania. Apparently  some Pennsylvania officials are still rather skeptical of peer 2 peer investing. The Prosper press release doesn’t close the door completely on Pennsylvania. If you want to be able to invest directly in Prosper in Pennsylvania call your state representatives and start educating them about peer 2 peer. Keep it positive and focus on members of the banking commitee. My state senator Mike Stack is on the banking committee and frankly he needs a little more info and constituent feed back on the benefits of peer 2 peer for Pennsylvania to come on board.I’ll try to reach out to my state rep Kevin Boyle with a personal appeal.

New leadership at Prosper will only give peer 2 peer an even higher profile. Prosper is back in the game in a big way.

Let me know of any politicians in Pennsylvania that  I should be talking to . Please reach out to your local Pennsylvania rep and senator. Then get back to me and everyone know how its going.

My name is Michael J Craig,aka Mike1040, and as always I’ll see you at the top!!!.


A link to the Prosper press release

I took the plunge:My new Lending Club Account in Pennsylvania

Yes, I took the plunge. Michael J Craig, aka Mike1040 now has a Lending Club account. I opened it on Friday via Foliofn which as you, may or may not ,know is the only way to do it at this time in Pennsylvania.  I will be issuing updates on how I’m doing so that others can see that Peer 2 Peer can be done, even in Pennsylvania,

I spent some time over the weekend searching for information about Lending Club via Foliofn. I’m happy to report that I found some great videos that I will provide links to. Matthew Allen’s post is great and you should go over and check out his blog.


the best videos on how to use Foliofn to buy and sell Lending Club notes is below. They’re very short in a step by step style. I think you’ll like them as much as I did.


Well, this is a short update and I have to run.

My name is Michael J Craig, aka Mike1040, and as always I’ll see you at the top.



IRS tax problem! Solution is

I have really been busy in the tax office. This has been a crazy tax season. Having said that,  the IRS will not extend the April 15th,2013 deadline to file  and pay. If you have back years to file the time is also running out. What’s the solution? Call me at 267-345-0260 straight away. Whatever your problem, I will help you. I can file the returns, set up a payment plan, even represent you with the IRS( By the way who wants to talk to the IRS anyway). That’s right you don’t even have to talk to them. I’ll do that for you. It all starts with a phone call…but hurry the deadline is coming.

Don’t forget your comment on this blog will get a same day response and bring a rain of commentluv.

My name is Michael J Craig,aka Mike1040 and as always I’ll see you at the top.

Help A Guru IS After Me?

Help, a guru is after me? As an internet marketer don’t you just want to scream it out ten times a day. There are so many individuals posing as gurus. The count is well above 100,000 and climbing. Who knows, maybe in a year or so there will be a million gurus. They proliferate like rabbits. They seem to be everywhere, what’s an internet marketer to do? Is there any protection.
If you follow this blog Mike1040 you know I don’t like gurus. But if you ask them, they all deny the title. They say that they are only trying to help. Well, I going to tell you how to spot them. First all of all they want to make money off of you right out of the box. There squeeze pages scream out some psychological messages designed to relieve you of your cash with some valueless offer that lines their pockets and keeps your income on line just where it was before, no where.
What ever happened to romance, where is the warm up? To be frank, if you get two minutes out of them, they’ll think it was quality time.
OK, this was a rant. I admit it.But it’s the way I feel. I bet,sometimes, you feel the same way. Insist on a relationship first. If some of the guys out there don”t know what the word relationship means, please ask the nearest adult female. Just keeping it real.
My name is Michael J Craig,aka,Mike1040, and as always I’ll see you at the top.

Stop at my website and spend some time

It’s Not Easy to Succeed with Your Blog

If you need an email auto-responder service I recommend the best,Aweber. Take a look at the video and if you need the service by all means sign up. I am an Aweber affiliate and it will help me out. For your reward, I offer a few choice words about blogging itself. Enjoy!!!

Get Started Today For Only $1! – AWeber Communications

It’s not easy to succeed with your blog. You need to be passionate about it, that’s true. Your writing skills need to either be good or get good in a hurry.
Every time that you write, you give away something… a little bit of yourself. Your blog isn’t just about you. Your blog is you.
Love your blog. It’s the loving that is the success. The blog is a part of your journey.
An old Chinese proverb, I offer for what its worth. Have a Happy Journey!