2007-09-11 23:35:05 · 7 answers · asked by junebuggy20042000 1 in Business & Finance ➔ Taxes ➔ United States
I sincerely doubt it. If that was possible, why would anyone pay their taxes? They'd just wait for the grant to fall from the sky.
2007-09-11 23:40:01 · answer #1 · answered by Anonymous · 1⤊ 0⤋
NO - it is not possible to get grants to pay your taxes. Otherwise everyone in America would simply apply for grants before April 15 to pay their taxes
The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, none for paying taxes, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.
Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.
For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.
There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.
You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.
Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.
Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.
Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs
2007-09-12 07:06:14 · answer #2 · answered by imisidro 7 · 1⤊ 0⤋
There is no such grant available. You'll need to pay your taxes out of your own pocket like the rest of us, I'm afraid.
2007-09-12 06:41:56 · answer #3 · answered by ~RedBird~ 7 · 1⤊ 0⤋
Good Luck. You hear about all this money that they give away every year and how they have a lot left over but yet no one can find where to apply for it at. I went to grants.gov and there was nothing, I even emailed them and they didnt know of anything.
2007-09-12 06:41:37 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Just who would you think you'd get that from?
No, save your time, it's not going to happen.
If you can't pay, you can set up a payment plan with the IRS though.
2007-09-14 03:10:30 · answer #5 · answered by Judy 7 · 0⤊ 0⤋
To the best of my knowledge, no such grants exist.
2007-09-12 08:48:40 · answer #6 · answered by Wayne Z 7 · 1⤊ 0⤋
a tax liability to be met by creating another liability :(
2007-09-12 06:40:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋