Small business

Are you aware of your healthcare options? Do you understand them? We started looking into our health care options recently and discovered it didn’t mean what we thought it meant. Do you know what we mean? What a mess…then we found Alice.

Tonight at 7:30PM EDT Alice Young from The Paige Insurance Agency will help us untangle health care options for individuals, couples, single parents and families without employer sponsored plans. It is a jungle out there but she specializes in health care and will help clear away some of the confusion. Alice will be covering questions like:

What should I consider when choosing a plan?

What type of network is best for me?

Can I keep my doctor?

If I am out of state and get injured will my healthcare plan cover my bills?

You might be very surprised to find out the answers to these questions. We certainly were. If you are not covered by an employer’s health plan, you shouldn’t miss this webinar! Click here to register to join us tonight at 7:30PM EDT.

Image by imagerymajestic from freedigitalphotos.net

Even if you have a JOB (Just Over Broke) open a business! You will earn extra income AND get to keep more of what you make with some tax deductions. **Disclaimer! Please ALWAYS consult your tax professional regarding tax matters. We are not tax professionals!** One of those is the home office deduction but be honest, you should be able to defend your deduction in an audit. Meals and entertainment when you conduct business with a person you are entertaining during the meal or event. Be sure you keep good records of what the activity was, when, with whom and how it relates. Another possible deduction is internet and phone directly related to your business. Vehicle deductions for local business trips can be deducted either by the standard mileage rate or your actual expenses. Education for yourself can be deducted as well. The list goes on and on. Another VERY helpful benefit of a small business is being able to contribute to a Self-Employed Retirement Plan and the tax benefits you can recognize. These are a twofer! They are particularly valuable for reducing your tax bill now and racking up tax-deferred retirement savings for later.

Can you share more benefits of having a small business? Please comment.

Untangling Your Healthcare Options

Don’t have a small business? Create one and reap the rewards!