Archive for 'Social Issues'

Tax Issues Intended For New Business Owners Paying Self Employment Tax

Comments (6)

When you begin a new business endeavor, it may take some time before you are “in the black” earning taxable income form your efforts. Once you are, however, your earnings will be subject to self-employment tax, as well as income tax. Self-employment tax is the tax a business owner must pay on income that parallels FICA, the Social Security payroll tax.

FICA tax is paid only on employees. If you are a sole proprietor, or shareholder in an S Corporation of LLC, it is unlikely that you are treated as an employee. In these situations, the income you derive from your business is passed directly through the business to you as the owner, and you are not subject to payroll taxes. Instead, the IRS requires you to make up for this difference via the self-employment tax.

An exception to this requirement applies to owners of corporations, typically called “C-Corporations”, that do not pass through income directly to their owners, but are taxed as a corporate entity. In this case, there is no self-employment tax. Income passed through a C Corporation to

Tax Issues Intended For New Business Owners Paying Self Employment Tax

Tags: , , , , , , , , ,

Temporary Car Insurance – Sneaky Trick to Get a Discount – 989

Leave your comment

More us are buying temporary car insurance  instead of buying a policy for a longer period.

The way things are with the economy at the moment, it’s no surprise that more and more consumersare turning to temporary insurance rather than going for a long term option.

Temporary car insurance quotes can vary between companies because different insurance companies judge the risk in different ways.

The premium you get quoted will very much be influenced by your claims history if you have one, along with other factors such as the car make and model, the number of days you want cover for and your personal details.

 There are many of uswho need cover for just a few days while they’re changing cars, or need to borrow a car at short notice.

 

A major problem for lots of consumersis leaving it until the last minute to buy the temp car insurance and just accepting the first quote they get. Plan ahead and make some calls now to get a few quotes and get an idea of how much it’s likely to cost you.

 

The term you can get temporary cover over varies from just one day to maybe up to 30 days.  Young driverscan use this type of insurance if they only need to drive a car for a short trip, or for a vacation for example.

Young person’s car insurance is very expensive, running into the thousands of dollars, and the vast majority cannot afford these high premiums simply because most of them are students, or are in low paid jobs.  In these cases, temporary car insurance can offer these peoplea life line.

These policies can be very affordable for young consumerswho might only want to take a car on vacation for example.

Paying the fee on a temp policy for a short period saves them an enormous amount of money and gives them a service they wouldn’t ordinarily be able to afford.

 

There is a large number of insurance companies that specialise in offering temporary car insurance, in particular to consumersin high risk categories.

Although it can cost a bit more for this type of insurance, at least it allows the driver to drive their car legally.

One of the factors that has contributed to the rise in insurance premiums for temporary car insurance, is the increase in fraudulent claims.

So by going for temporary insurance, it allows the driver to remain legal and also build up a period of no claims which helps reduce future premiums.

To discover more tips on why you need temporary car insurance visit our website.  We also have some great temp car insurance resources on our Squidoo Lens.

Tags: , , , , , ,

Do Shop Online For car Insurance

Leave your comment

Paying your car insurance premiums online is as easy as anything else you ever did over the internet. Fill in your credit card number in the space provided for the same in your profile on the car insurer’s website. Once you have that done, the rest is easy. There are a lot of details that are included on an automobile insurance policy. However, getting it online makes no difference at all to their validity. As a matter of fact, it simply makes them easier to compute in and get your policy out. You are in safe hands here. Getting cheap car insurance is easy if you want it badly enough. What you need to do is to get a number of quotes from various insurance companies and compare them. You will know the one you can afford when you see it. I wrote other articles like showing people about best way to get rid of acne and also how to deal with their relationship problems and in particular sexless marriage which is a very common marriage problems that you deal with a lot today. There is hardly such a thing as cheap car insurance. The way insurance works, the amount of premium you pay determines how much coverage you get on your insurance. So if you are looking for something cheap, you may have to deal with heavy deductibles. Better safe than sorry, you know; better cheap car insurance than nothing at all. Even if the cover you get on it is not the best you could have gotten, you are still better off knowing that you don’t have to foot every expense you incur in a fender bender.

Tags: , , , , , , , ,

Your questions about spectrum health

Leave your comment

Charles asks…

how do i find birth records for michelle griegos child from spectrum health grand rapids michigan?

Wize Guy answers:

Do you have the name of the child? You might just be able to go to the county courthouse and request the birth certificate then since you have the mothers name.

Mandy asks…

How is the electromagnetic spectrum used to address health issues?

This is a question for a school project, i tried to google for it but most websites only list it’s negative effects. Please help me???

Wize Guy answers:

_____________________________________

Gamma rays are used in treatment of cancer

X rays are used to study defects or fractures in bones .

Ultraviolet light is used in purification of water.

Visible light provides Vitamin D

Infra red light is used in treating pain in body , in remote control of devices, in heating hospitals.

Thermal radiations used for heating in scientific experiments conducted to study medicine

Micro waves are used in cooking food for patients.

T,V and Radio waves are used to study MRI scanning

Internet helps in developing study about healthy living and telecommunication between doctors and patients
______________________________________

Richard asks…

Has anyone ever been hired at Spectrum Health hospital in Grand Rapids, MI?

I have applied so many times and want to get into their marketing/communications department. Anyone have any stories of how they applied and got an interview? I have been trying for 4 years.

Wize Guy answers:

u have to try and try

John asks…

Has anybody stopped to think, Why are we debating seeing a health care provider in the political spectrum?

When did politics enter into the equation of seeing a doctor or getting medical treatment? Why is there no raging debate on food, cars, shoes jewelry, cell phones…….????
What gives elected officials the right to dictate and or interfere with medical/health decisions?
Nope been awake for a while. Health care providers are subject to the same laws of supply and demand as every other sevice or industry in the world. Why does this enter the realm of politics?

Wize Guy answers:

It’s an old Communist idea. Taking control of healthcare gives them access and control over every aspect of your life. It is the biggest attempt to gain power over the people in US history. It’s too bad more young people do not realize that what is going on has never been attempted before.

Your info will be in a national database, created and maintained by Obama’s old buddies at GE, and the massive database will hold everything about you from the time of your birth to your death. Everything you do will be tracked in the database.

Think about it, not everyone buys a car, so they can’t track you that way, but everybody has some type of medical record, and it starts at birth.

Sandra asks…

Can people from either side of the spectrum agree there need to be health care reform ?

or do americans who are against Obama’s plan..think the system as it stands is working well ?

Wize Guy answers:

I doubt it. http://www.reuters.com/article/GCA-HealthcareReform/idUSTRE58T0MY20090930 If you read down at the bottom of this article, there is a wide partisan split about the issue.

One of the main problems is ignorance. Notice the number of times tort reform is mentioned as a big problem in health care costs, when surveys have shown that that only accounts for 1 to 2% of costs. Notice the assumptions about cost that are made, without any regard to the cost of not doing anything. The beliefs that American health care is the best in the world ignores the fact that more Americans every day are traveling to places like India, Mexico, and Thailand for health care, even on business and insurance sponsored trips.

But the truth is that many people think the current system is just fine because they have never had a claim denied, been dropped from their insurance when they get sick, been denied coverage because of preexisting conditions, or watched a friend or family member die because of denial of health care. They think the only people uninsured are that way by choice, when the truth is that 80% of the uninsured are employed. And they aren’t just choosing not to buy it. The latest Kaiser study shows that that number makes up only 4% of the uninsured.

As long as the ignorance and great divides exist, I don’t think they can even agree on the need for health care reform, let alone how to do it.

Powered by Yahoo! Answers

Tags: , , , , , , , , ,

Temporary Car Insurance – Sneaky Way to Get a Cheaper Quote – 993

Leave your comment

It is becoming more and more common these days for drivers to buy temporary car insurance  as opposed to a 12 month insurance plan.

The way things are with the economy at the moment, it’s no surprise that more and more peopleare turning to temporary insurance rather than going for a long term option.

The amount quoted for Temporary car insurance  can differ broadly.

As you probably know, a lot depends upon your own personal circumstances, and the type of car you want to insure as well as the number of days you want cover.

 There are many peoplewho need cover for just a few days while they’re changing cars, or need to borrow a car at short notice.

 

A major problem for lots of consumersis leaving it until the last minute to buy the temp car insurance and just accepting the first quote they get. You should make some enquiries now, when you don’t need it so you have an idea of the costs involved for when you do need it.

 

The lifetime of a temp policy can vary greatly.  Some driversonly need cover for 1 day whereas others might require cover for 30 days.  Young consumerscan use this type of insurance if they only need to drive a car for a short trip, or for a vacation for example.

Insurance for young consumersand teenagers can be very costly, sometimes exceeding the cost of the actual car.  Not many can afford these high premiums as they are still in full time education, or work in low paid jobs.  In these cases, temporary car insurance can offer these peoplea life line.

These policies give young peoplethe chance to get insurance and use a car when they would otherwise have to take public transport, or may take a cab.

Paying the fee on a temp policy for a short period saves them an enormous amount of money and gives them a service they wouldn’t ordinarily be able to afford.

 

Several insurance companies offer temporary car insurance targeted to people in high risk categories, such as the young or those with poor safety records.

Although it can cost a bit more for this type of insurance, at least it allows the driver to drive their car legally.

Insurance premiums have been pushed up as a result of fraud and this has led to more people taking a chance and driving illegally without insurance.

There is no doubt that if full long term insurance is out of your range, temporary insurance could be the answer.  Not only does it enable you to drive legally, but it helps you build up a better driving history which will reduce your costs in the long term.

To find out more information on why you need temporary car insurance visit our website.  We also have some great temp car insurance resources on our Squidoo Lens.

Tags: , , , , , , , ,

Your questions about health insurance

Leave your comment

Jenny asks…

health insurance?

My company allow me to buy my parent’s health insurance with me. can i include that amount into my itemize deduction? even though my dad file his own tax return; my dad is not a dependent on my tax return;

Wize Guy answers:

1) Most employer provided health insurance is deducted “pre-tax” so there is no deduction on the tax return.

2) Your parents must be your dependents (or would have been your dependents except for the gross income test) for you to take a deduction anyway. So, unless you are supporting them: No.

Chris asks…

Health insurance?

I need it. going to pay out-of-pocket. 40 year old non smoking female, healthy. Any tips? Anything I should know? I’ve never shopped for health insurance, have no idea what I’m doing.

Wize Guy answers:

If you are self employeed you should take a serious look into Health Savings Accounts, for several reasons, starting with there is a huge savings on your monthly premiums regardless if you are insuring yourself or you and your family. Things that are considered by the insruance companies are the area you live in, the type of work you do and any pre-existing conditions you might have. If you are in the state of California, and you have employees, you need a minimum of two employees and/or 75% of the payroll to participate in the plan (regardless of HSA or regular insurance) to get a guaranteed issuance of the insurance.

If you are not self employeed but do have a job, again the HSA is great way to go, because you can make pretax contirbutions to the plan, take it with you where ever you go, and keep the insurance with you when you retire… which as common sense tells us, you are going to need healthcare much more in your retirement years (ie when you are older) then you will now. Also any qualified medical expenses can be paid tax free from the account, and once you hit your deductable out your account, anything above that is paid for by the backing insurance company.

One note about the non bias oppinon of “brokers,” they get paid on a commission as well by the companies they represent, and some companies pay more than others. Just because you are working with an “independant” does not mean you are getting the best price, or service. You want to work with someone who knows the products that they work with inside and out, or have access to the people who do so that all your questions can be answered to your satisfaction. Some times a huge selection does not mean a huge savings in time and money.

Linda asks…

Health Insurance?

I’m doing an assignment on health insurance and I wanted to know why is it a good thing to get health insurance?

Thanks!!!

Wize Guy answers:

The purpose of any type of insurance is to protect against catastrophic loss. Using health insurance as an example, most everyday medical expenses are not very expensive (a physical exam averages $150.00+/-), but if you are admitted to the hospital for an emergency your medical bills would be in the tens of thousands of dollars at a minimum. If you do not have insurance you “self-insure” againts that potential catastrophic loss. Without insurance, the average person would face financial ruin if faced with a major loss.

Helen asks…

What reputable health insurance companies are out there?

My mom doesn’t have health insurance and my job doesn’t give insurance to family members.

I would like to pay monthly to a health insurance company so my mom could get health check up when she needs it.

Do you know any health insurance companies that can accept low monthly payments since I don’t get paid that much?
We live in northern california.

Wize Guy answers:

Well, if she’s 40 and perfectly healthy, it’s going to cost her about $500 a month to have a low/no deductible plan that covers checkups.

You BUY it on a month to month basis. If you want low monthly payments, you have to cut the coverage – like take a $10,000 deductible. Or higher. That would cut payments down to maybe $200 a month or less.

The older she is, the less healthy she is, the more it costs.

Your best bet, is to find a local, independent agent, who can help you balance cost with coverage.

Sandy asks…

How would health insurance businesses be able to stay viable if the Senate bill is passed?

As I understand it, the bill forces all Americans to have health insurance. However, I think that the fine for having no health insurance is around $750. But after the year 2014, health insurance companies will not be able to turn customers away for preexisting conditions. Why wouldnt someone pay the fine or buy low end coverage until they got ill and supplement the coverage or buy an extensive plan?

Wize Guy answers:

i htought the main reason of living in a society was to help each other out, am i wrong?

Powered by Yahoo! Answers

Tags: , , , , , , ,

Reasons Why You Need Temporary Car Insurance 922

Leave your comment

It is becoming more and more common these days for people to buy temporary car insurance  instead of buying a policy for a longer period.

It is a symptom of the current economic climate we live in as some people simply do not want to commit themselves to long term and potentially expensive insurance terms, especially young people.

Temporary car insurance quotes can vary between companies because different insurance companies judge the risk in different ways.

As you probably know, a lot depends upon your own personal circumstances, and the type of car you want to insure as well as the number of days you want cover.

 People need temporary car insurance for a variety of reasons for example when they have a to borrow a car, or use a car for a vacation.

 

Failing to plan ahead and leaving buying temp car insurance until the last minute will just cost you more money.  This is because the pressure will be on you to get the insurance and the chances are you’ll just take the first quote that comes along. You should make some enquiries now, when you don’t need it so you have an idea of the costs involved for when you do need it.

 

The term you can get temporary cover over varies from just one day to maybe up to 30 days.  Young people can use this type of insurance if they only need to drive a car for a short trip, or for a vacation for example.

Young person’s car insurance is very expensive, running into the thousands of dollars, and the vast majority cannot afford these high premiums simply because most of them are students, or are in low paid jobs.  So in some cases, temporary car insurance can be the only option.

These policies give young people the chance to get insurance and use a car when they would otherwise have to take public transport, or may take a cab.

Paying the fee on a temp policy for a short period saves them an enormous amount of money and gives them a service they wouldn’t ordinarily be able to afford.

 

There are some specialist car insurance companies that specialise in providing temporary car insurance for younger people or perhaps people who are a higher risk.

Driving with insurance is a legal requirement in most countries and buying this type of insurance, although it might be relatively expensive on a day to day basis, ensures drivers stay on the right side of the law.

Fraud has been a major factor in the rise in cost of temporary car insurance.  Certainly over the last 5 years we have seen the cost rise considerably.

There is no doubt that if full long term insurance is out of your range, temporary insurance could be the answer.  Not only does it enable you to drive legally, but it helps you build up a better driving history which will reduce your costs in the long term.

To find out more tips on why you need temporary car insurance visit our website.  We also have some great temp car insurance resources on our Squidoo Lens.

Tags: , , , , , ,

Your questions about medical insurance

Leave your comment

Mary asks…

Medical insurance?

I need to put my fiance on my medical bc I really think he needs to see a doctor soon. But for the good insurance it would be 120 every paycheck. I live paycheck to paycheck now so that would be very hard. This one insurance offered is 70 bucks a check BCBS high deductible. Now its like 80% covered after the deductible. I mean I do not know how good this is. I mean we prolly don’t need a doctor but a few times a year and he needs to go soon. So what could I expect to pay for a doctors visit and presciption medicine?
He gets out of breath easily coughs a lot of phlegm wheezy…
Yes they will cover him, it is spouse or domestic partner you do not have to be married. The 120 a check (240 a month) all i have to pay is a co pay. I just don’t know what to do.

Wize Guy answers:

It is really hard to say. It depends on what the office call is and what the doctors diagnosis is. Then after that the medication that he is put on and if he can get a generic or if he needs the name brand.

If you have a high deductable and it hasn’t been all covered, then you may end up paying for most of the visit anyway.

Maybe he should look into getting his own individual medical insurance.

Hope this helps.
Good Luck!!

Michael asks…

medical insurance?

I am looking to obtain a medical insurance policy. Any insurance brokers out there want to quote me? I am 21 years old. I have excellent health. 6 foot 160 llbs. 92630 zip code. California.
i am self employed.

Wize Guy answers:

Are you self-employed? You may want to look at a co-op set up within your industry if so. These can be accessed by joining associations for your line of work. Just be sure you check the association thoroughly to make sure they’re on the up-and-up.

If you’re employed BY someone, then it’s going to be cheaper there. There’s not an individual or co-op on the planet that’s cheaper than a group policy. It’s all about buying power.

The best you can hope to do for a reasonable rate if you HAVE to go individual is try to buy what we in the industry call a ‘catastrophic policy’. These plans are very high deductible but they make sure you don’t lose everything you own if you have a catastrophic accident or illness. These are the lowest premium plans you can find.

In conclusion, I seriously suggest that you not even bother with an individual plan if you can find any other way. I’ve been in the business a long time and I’ll be blunt in saying that there are almost no benefits to having an individual policy. It’ll hit your wallet, it’ll affect how you’re treated by your carrier, and it’ll make you count the days until your policy is over.

Paul asks…

Medical Insurance?

MY gf’s medical insurance is about to run out. Is it possible for me to get her covered under my medical insurance.

Wize Guy answers:

Probably not. You should contact a local agent who can help her shop the market for the right policy and the best deal. A local agent would be happy to help you through this.

To connect with a local agent, fill out the quote form located at http://www.myinsurancequotes.net. A local agent will contact you and help you get started.

Jared Balis
http://www.utahinsurance.org

Joseph asks…

How to take medical insurance for foreigners in short term visa in Japan?

My mother in law is here in Japan on a short term visa(3 months). She had sprained her hand in India while coming here and is bothering her a lot. We heard that it would be very costly in the hospitals without medical insurance. As she might need to take xray and other medicines. We would like to know how we can take medical insurance for foreign nationals on short term visa in Japan. I thank u in advance for answering my query.

Wize Guy answers:

I also think to consult consulate is the best way.
Some websites say as the following, about health insurance. (Please note I’m not an expert.)

1. Only foreign nationals who stay on over one year visa can be a member of National Health (kokumin kenko hoken).
Please read the second page of “Outline of National Health Insurance“.

http://www.kokuho.or.jp/english/index.htm

2. If you are working in a company and are a member of health insurance of your company, she might be covered occasionally.
(By the way, didn’t she insure overseas travel insurance before leaving for?)

Laura asks…

Can the auto insurance company pay me directly for my medical expenses or do they have to pay the doctor?

I was in an auto accident and I have medical insurance. My medical insurance covered my medical expenses; however, I wanted to know if the auto insurance is still liable for those expenses? It seems as if my having medical insurance should benefit me and not the liable party’s auto insurance company. If I did not have medical insurance the auto insurance company would still have to pay for those expenses. So shouldn’t they still have to pay for those expenses and I get what ever is left that my medical insurance company did not pay? Are there any laws statures that back this up in Georgia? I am trying to settle this claim without getting an attorney and I need all the help I can get. Any advice would be helpful. I am in the process of writing a demand letter. Thanks for all the help.

Wize Guy answers:

Your medical insurance provider will collect from the insurance company of the driver who caused your injuries. This process is called subrogation. It is standard practice throughout the US.

You are not entitled to dual benefit from your injuries. Go ahead and consult an attorney — he or she will almost certainly tell you the same thing.

If you have a pain and suffering claim, that would be paid by the insurance company of the at-fault driver, assuming that there is any room left on his liability coverage. If he had minimum liability that’s probably been exhausted already. An attorney can help with that part of your claim if need be.

Powered by Yahoo! Answers

Tags: , , , , , , ,

Your questions about yahoo health

Leave your comment

Steven asks…

How to publish an Article in the Yahoo health section?

I want to know the process of submitting Article in Yahoo Health section.

Wize Guy answers:

you can’t,

Helen asks…

yahoo health?

my doctor wants me to take Fosamax for treatment of osteoporosis but I am not sure this drug is safe enough..anyone have any thing to say good or bad about this drug?

Wize Guy answers:

Look, if your doctor described to you a drug, you should take this drug, because your doctor is the most suitable one to advise you and know your conditions and know your medical history
You must trust him
your position in the medicin or pharmaceutical called POOR ADHERENCE
As you wish, you can see everything about FOSAMAX on

http://www.rxlist.com/cgi/generic/alendron_cp.htm

And according to FDA (it is a U.S.A organization called Food and Drug Administration)
see this
http://www.fda.gov/cder/foi/label/2006/020560s47s48,021575s10s11,021762s2s3lbl.pdf

Donna asks…

What happened to the Yahoo Health Quinolones adverse reaction message board?

When I click http://health.groups.yahoo.com/group/quinolones/ it now says the board no longer exists. It was a heavily used board.

Wize Guy answers:

It appears that it has been deleted either by the owner or by Yahoo Groups but no one seems to know for sure.
I thought it was a valuable resource and I wish it would be restored.

Lisa asks…

How can I get yahoo health to email me articles?

Self explanatory question intended for people who have already gotten health to email you.

Wize Guy answers:

welll you can get their rss feed. You cant get their health articles in your email.

Jenny asks…

To people who post questions in Yahoo health:- Would you ask strangers in the street for health advice?

What is the difference? I know that some people have difficulties getting medical care, but how is this a substitute for a doctor?

Wize Guy answers:

I wondered this too, but I must admit I’ve done it once.
It’s designed to share experiences, like if you have an illness that maybe doesn’t need medical attention everyone here can suggest different ways to cure yourself etc.
Also, if you have something serious it’s nice to talk about it with people who wont judge you face to face and have gone through similar things.
For example, I am pregnant & the ladies (and some gents) in the pregnancy forum are very helpful on a lot of topics.
I imagine it’s the same in the health forum.
So although it’s maybe a bit odd, yahoo answers is more a community and the advice generally does make sense and help.

Powered by Yahoo! Answers

Tags: , , , ,

The Ejaculation Trainer – Premature Ejaculation Treatment

Leave your comment

The Ejaculation Trainer is a form of premature ejaculation treatment that is getting popular amongst numerous sufferers of this condition in the U.S. Using a three-step approach, the Ejaculation Trainer teaches you very effective methods to prolong lovemaking, delay ejaculation, resulting in a heightened and improved overall sexual experience. More information of this whole system can be found at http://www.ejaculationtrainerworks.net .

There are numerous premature ejaculation treatment methods in the market today. These methods include pills and potions, numbing creams, special condoms, sprays and even meditational CDs. However, many sufferers can attest to the overall ineffectiveness of these products. They simply don’t work. How do you like to be spraying yourself with some numbing solution just to extend lovemaking? How much fun will that be? Or can you imagine stressing yourself out to not forget to pop in some pills at the correct time just so that you can please her enough? Or what reason could you think of for putting on those special condoms just to make it last a little longer?

On the other hand, the Ejaculation Trainer concentrates on making you understand the whole process of controlling premature ejaculation in 3 easy steps. These steps are Mental Control, Hormone Regulation and Physical Control. It all boils down to these three steps and even a very simple understanding of these process will result in a sizeable improvement in your performance.

More and more people are beginning to realise the effectiveness of this method. Chances are that there is nothing really wrong with your body medically. It just needs to be fine-tuned or re-wired to delay ejaculation and the Ejaculation Trainer provides a fast and effective way to achieve this. To many, this method has been their most effective premature ejaculation treatment.

#360

Tags: , , , , , , ,
 Page 1 of 5  1  2  3  4  5 »
leave a reply