Sunday, July 31, 2011

Tax Reprieve For Spouses

The Internal Revenue Service just made it easier for some individuals to free themselves of liability for a spouse's tax debt. Last week, the IRS eliminated a rule that disqualified taxpayers from the "innocent spouse" relief program if more than two years had passed since the agency first sent collection notices to their spouses. But there are some caveats. Read MoreFor more information on the

Five Reasons Why We Procrastinate and What To Do About It

Procrastination is something that most people do. There are things to do, important things and mundane things, and for some reason it is put off until the last minute. Is it the adrenaline from delivering at the last minute?. What amazes me is the people that make jokes about it and feel proud of their procrastination, the ones that pride themselves of being a world class procrastinator, telling

Tuesday, July 26, 2011

Will vs Living Will vs Health Care Power of Attorney; Which one to choose?

Let me start by clarifying that a living will is not the same as a will. They have different purposes and they become effective at different times. A will is effective after your death, but a living will applies while you are alive. A health care power of attorney gives medical decision power under specific situations. Let me save you some time and tell you that as part of your estate planning

Thursday, July 21, 2011

Six Productivity Killers

Due to the challenging times we are facing today, many small business owners are looking for productivity tips that can help them get more done. Today I decided to address an aspect that gets overlooked; Productivity Killers. Many times we waste time looking for the "new tool" that is going to "all of the sudden" make us more productive. However, we do not look closer to our own actions to

Tuesday, July 12, 2011

Consequences of Not Raising the Debt Ceiling

Warren Buffett thinks that our government is playing a dangerous game of Russian roulette. While the country continues to struggle during our recent financial difficulties, our politicians in Washington continue stuck on their differences related to taxes and spending cuts creating a political impasse between Republicans and Democrats over what used to be a no-brainer: raising the statutory

Friday, July 8, 2011

Attributes of Great Leaders

Today I am going to share with you something from one of my favorite books; the timeless classic book "Think & Grow Rich" by Napoleon Hill. It's an amazing reading; if you haven't read it, I highly recommend that you do when you get achance. One the subjects that is covered in this book is leadership.Leadership is what sets you apart from the crowd. I believe that from this hard times we are

Thursday, July 7, 2011

Six Reasons Why You Should Set Goals

Today I want to share with you a couple of reasons why setting goals is important in the process of getting things done. I think all time management experts would agree with me that goals are a very important component of effective time management. Here I share six ways goals help you be more productive:1. Goals help you establish priorities & decide what's trulyimportant - You can better choose

I’m Out of Bed AND I’M DANCIN’!

Today's article is contributed by my good friend Mary Angolano Burrell. Starting with the month of July we will select a business and provide them additional exposure through our blog and newsletter. This is done for you free of charge, just for being a loyal reader and participant of our blog, FB group, and liking our FB page.It is important to remember that in our pursuit to build wealth we do

Monday, July 4, 2011

Basics of Starting Your Own Home-Based Business

Starting a home business does not have to be tedious. In fact, there are many advantages in starting a home based business; tax deductions and sense of self-accomplishment to name a few. Having a home-based business will provide you the advantage of enjoying the fun of working in a home atmosphere and convenient schedule.The move from a fully-equipped offices with office support to a home-based

What mistakes should you avoid in credit card consolidation?

p { margin-bottom: 0.08in; }a:link { color: rgb(0, 0, 255); }You may go for credit card consolidation when you’re facing problems to manage your multiple bills and paying them off. To consolidate your credit card bills/debts, you can enroll in a consolidation program or take out a loan for the purpose. You can also opt for balance transfer method wherein you transfer your high interest debts into