What You Need to Know About Self-Employed Health Insurance Options

Historically it’s been the case that the self-employed are also the ones paying the most for health insurance. This might not be so bad in the short term, especially when you’re just starting your business and money is tight, but in the long run life’s calamities usually find a way to catch up to you.

So where do you start?

For many, the first stop is to an online health insurance brokerage that sells health insurance plans from the major carriers. Usually their websites function a lot like a health insurance version of Travelocity, where you can search generally or specifically for health insurance plans then compare them against one another to see how they match up.

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The Skinny on SHOP: The Small Business Health Option Program

Under the new laws, affordable healthcare is right around the corner.

Is it me, or do you feel like all of your business expenses are going up? Rent is higher, payroll fees are up, taxes in California, healthcare costs. These are all fixed costs, meaning that they don’t go down. They stay where they are and that means less money flows to your bottom line.

Check this out. I’ve got a fixed cost for you that could go lower! Like 10-30% lower — now that’s a ballpark.

Your healthcare costs. Yep! Whether you are self employed, a small business with employees, or an individual, you need to know what is coming down the pike on Jan 1, 2014.

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Maintain Your Business: Common Tax Deductions

January is winding down meaning that tax season is officially upon us. Gone are the carefree days of the holiday season and now the inevitability of taxes is looming ahead. Don’t lose heart though! Paying taxes is a requirement but paying too much in taxes is not. 2011 presents new opportunities to excel at preparing your taxes by using the allowable deductions to your advantage. Here are five of the most commonly missed tax deductions. Learn them. Love them. Use them on your tax return this year. Continue reading

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Health Care Reform and Small Businesses

Well it finally happened … A Health Care Reform bill was passed. Regardless of your politics and thoughts regarding what is right or wrong regarding the process or final product, the Patient Protection and Affordable Care Act is now the latest law regarding national health care.

OK, we know there will be changes that will affect all of us, either in increased access to purchasing a health care policy or to the ultimate cost of health care. And yes, there is little doubt that when you add 32 million people who were previously uninsured, you have affected supply and demand and ultimately cost. Continue reading

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