ObamaCare and what you may or may not know

Obaman care

ObamaCare was drafted into our Federal Law on March 23, 2010 and was upheld by a Supreme Court on June 28, 2012. ObamaCare was set in to place to insure that all Americans have health insurance. Everyone has heard of ObamaCare but does everyone know the facts to ObamaCare. For instances do you know what ObamaCare is? When is open enrollment? Can you sign up for ObamaCare if you have lost your current coverage? What are the penalties if you decide to opt out of health coverage? These questions I can answer for you.

What is ObamaCare?

The official name to ObamaCare is Patient Protection and Affordable Care Act (PPACA). It was signed into Federal Law to insure everyone receives affordable and quality health coverage...

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1099 vs. W2

W2 vs W4

Do you really know the difference between a 1099 and a W2? Do you know all the ins and outs to decide if you should make someone an employee or an independent contractor? Do you know the legal definition of an employee and an independent contractor? Well we do, and we will discuss the legalities of both.
First, let’s explore the definitions.

W-2 employee

A W-2 employee is an employee who fills out a W-4 form at the beginning of their employment and instructs the employer on how to withhold taxes. Their earnings will be reported to the IRS at the end of the year via a W-2.
1099 Employee’-A 1099 employee in most cases are temporary employees, which technically they are not an employee, they are independent contractors...

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Business Perks 101: Learn Ways Your Vendors Can Save You Money


While vendors don’t advertise it, it’s possible to enjoy savings and perks from your vendors. You just have to know how to look.

While the economy has been weak for several years, you consistently say that it has really hit bottom line.
Business owners have seen fewer profits.
Look at your books and ask yourself, “What will I do to make more of a profit?”
You may be exploring ways to bring in more money, but don’t neglect the other way of increasing profits—by saving more of the money you’ve already made.

Saving the money you have already made is what we’re going to focus on. And, specifically, we will make sure that vendors you deal with are treating you like a business and not just another client.
What’s the difference?

Every major company gives perks and savings to its...

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coffee maker

Coffee…It’s fuel for business. And, like gasoline, it’s expensive but necessary.

The 23 employees in my family’s towing company are happier and work more efficiently with their regular cups of joe.

I’ve got two tips to save your office money without risking a reduction in your energy reserve:

Lease, don’t buy—At the office, we lease a coffee machine from a water supplier. Its coffee machine lasts about 18 months before breaking. To break even, by buying a similar unit, it would have to last two years.

That’s not going to happen with our java-thirsty employees.

Reduce the amount of coffee slightly—I’m not asking you to switch to unleaded, but a small tweak can make a big difference. We switched from 2.75 ounces per bag (which makes 72 ounces) to 1.5 ounces per bag...

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dogs and taxes

If you work on a site that needs protection or from home, make sure to ask your accountant if claiming your dog as a guard dog can gain you deductions.

It’s been known for centuries: dogs guard against intruders and they don’t have to be big, mean ones. Small yappy ones are very effective—in fact, various companies sell “barking dog” alarm systems.

So all that money you spend on food, veterinary care and toys can be a part of your business.

But it’s vital that you work with your accountant on this to make sure it’s done right.

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