Health Insurance and the Healthcare Reform Act II

As you probably know, The Health Care Reform Act requires that we all must have health insurance by 1/1/2012. This hit’s a tough spot for me because it has been difficult to take a deduction for premiums on the itemized deductions form.  I’ve been doing taxes since I was in high school and its always been this way.  And if you are able to take them, its very possible that you will get...

Health Care Reform Part I 2010

Health Care… What it Means for you as a Business Owner and a Taxpayer From the view of a Certified Public Accountant Did you know that medical unsecured debt is the number one cause of bankruptcy? Did you know that most people use the emergency room as a way to get medical help that could normally be done in a doctor’s office at a cheaper cost? However, most doctors expect payment upon...

How to get out of living Paycheck to Paycheck Part II

If you haven’t already, read:  Living paycheck to paycheck Part I How Did I Get Out of it? I recorded all of my expenses for a month. This helped me really see where our money was going. However, it was not extravagant. There wasn’t enough. We were a one-income family and had gotten into debt for various reasons. I was a stay at home mother and my husband was struggling to keep our...

How to Get Out of Living Paycheck to Paycheck Part I

The Next Paycheck: The problem is you’re totally dependent on the next paycheck.. You have no savings. It means you have days where you have no cash to hold you over until the next paycheck. You find another way to get that money which only makes it worse- for example: using credit cards, floating checks, do without basic essentials like groceries, clothing, pawn...