Category : Business Tips

Business Tips

Self-Employed? Uncle Sam Can Help You Pay For Long-Term Care Insurance

ebusinessmom
  Are you self employed and thinking that you can’t afford to pay for long term care insurance?  Well think again. You can actually have Uncle Sam help you pay for long term care insurance.  Following is an article by Ashlea Ebeling, Forbes Staff, which explains how you can do so. Can a tax deduction help you afford long-term care insurance? If you’re buying it as an individual, maybe. If you’re self-employed and buying it through your business, absolutely. “It’s kind of a hidden secret,” says Lisa McAree, an insurance broker in Braintree, Mass. “Accountants will say you ought to contribute to a 401(k) retirement plan, or buy an SUV [to snag a tax break] but they don’t often bring up the fact that you can buy long-term care insurance through your business and get a tax deduction,” she adds. McAree just signed up Kathleen Hagan, a single boomer who is a medical technology consultant in Watertown, Mass., with a long-term care policy fromPrudential. The premium runs $3,204 a year, and it’s 100% deductible as a business expense on her federal income tax return. Basically, that’s like getting a 30% discount (or more, depending on your tax bracket). Plus, the benefits, if you eventually...
Business Tips

Fastest Way To Become A Millionaire – And Why You’re NOT An Online Millionaire Yet

ebusinessmom
  Fastest way to become a millionaire?  Well, there are many avenues one can take in order to become a millionaire, but it’s not an overnight process.  No matter what avenue you take, the same principle applies.  The fastest way to become a millionaire is by at least doubling your Return On Investment (ROI).  Let’s say for instance you have $50, you can use that $50 to become a millionaire.  As simple as this may seem, you can take that $50 and buy or invest in something at a low point and sell it for at least twice times the amount you started with…making sure you cover your expenses also. However, before I get into the meat of this post, “Fastest Way To Become A Millionaire,” I want to share the following video with you. It speaks of having a millionaire mindset . In order to earn millions and keep it, a millionaire mindset is required. Now let’s recap…continue with what we were talking about previously…fastest way to become a millionaire ..ROI… You can start with $50 and buy or invest in something at a low point and sell it for at least twice times the amount you started with....
Business Tips

Inventor – How To Market Your Invention

ebusinessmom
Inventor… Have you ever had a light bulb moment so strong… an idea that was so brilliant that you had to create it?  Is it an out-of-this-world invention (your baby) that you have been nurturing…an invention that you believe a large niche market would purchase? Is it a product that would sell itself? If you have answered yes to all of the above questions, then you know what, follow your heart and get that baby out there for the world to see. I love, love, love to conduct serious research to bring you some of the best information out there. With so many people suffering from information overload on the internet, I want to make this so much easier for you. There are many people looking for ways to market their ideas. So I decided to take a closer look at invention information…info on how to become an inventor, how to market an invention…info that the newbie inventor can follow to get their invention to the market. So check out the video below that I found on Video Jug. Some awesome information. It’s actually one of a series of videos on the subject. So here goes…enjoy!! Inventor – How To...