Monthly Archives: March 2017

IRS Auditing Big Corporations Less

An IRS audit is one of those rain day events you hope never comes. For many taxpayers that get audited, a common question is why doesn’t the IRS go after bigger corporation that have all the money?

IRS Auditing Big Corporations Less?

It is a common refrain you hear time and again. Why does the IRS pick on the little guys when multi-national businesses are making tons of money and undoubtedly skimming on their taxes? This refrain sounds logical at first glance, but the devil is in the details as they like to say.

Large corporations do file taxes. In fact, they carry a heavy burden in doing so. A functioning, large corporation [think Microsoft or General Motors] is just as overwhelmed by the tax code as you are. One of the large entities, I believe General Motors, did a study that revealed it had to file one tax form or another every 3 minutes of the business week just to stay in compliance with the various tax regulations.

Does this mean we should through some sympathy towards large corporations and their tax problems? Maybe or maybe not, but it does point out one interesting thing. With so many filings and such a complex tax code, most huge corporations are undoubtedly making errors when complying with the tax regulations. In some cases, it may be intention. In most case, however, it is probably a situation of human error and simply be overwhelmed with the sheer volume of work that has to be done.

So, does the IRS audit large corporations as aggressively as it does you and me? It is hard to say. What is clear is the agency is doing less audits than in past years and is spending less time on them. A recent study by the Transaction Records Access Clearinghouse at Syracuse University found the IRS audit rate of large corporations dropped nearly 10 percent this year and the time spent on the audit also dropped.

Does this mean the IRS is giving the big boys a free ride or at least less bumpy one? Not really. The IRS still audited 35.5 percent of all businesses with over $250 million in assets. Think about that for a second. The big boys stand a 1 in 3 chance of being audited. In comparison, individual taxpayers stand a 2 in 100 chance. Given these ratios, it is fairly difficult to argue big business is getting a break.

Richard A. Chapo is with BusinessTaxRecovery.com – providing information on tax debt relief.

Scalable Marketing Ideas

These days, building a scalable business is becoming even more important than building an ultra-large business. With the ideas of Tim Ferriss’ ‘Four Hour Workweek’ spreading further and further, more and more people are looking to create a lifestyle that doesn’t revolve around work and instead create an income that revolves around their lifestyle. With online entrepreneurship and marketing, this is a reality. However, the field of affiliate marketing can often be one that bogs marketers down in details and trivialities, and it can be difficult to escape from that mindset. Here are three great, easy to implement business ideas that can help affiliate marketers break free from their schedules and create a lifestyle that doesn’t revolve around an 80 hours work week.

#1 – Promote products that people already need.
There are massive markets for products that people already need, basic necessities that are massively underrepresented on the internet. Once you’ve found a niche that isn’t satisfied, it’s as easy as setting up a product (or finding an affiliate product), creating a sales page, and undertaking some basic SEO and traffic building for your website. Mastering affiliate marketing really isn’t as difficult as some make it seem, and with a high quality guide and the support of successful mentors it can be possible to climb to the top of the market with some smart work. Once you’re there, it’s simply a matter of maintaining your pages position, or hiring some other workers to maintain your page for you.

#2 – Create businesses with a lifestyle in mind
There are two types of businesses: those that exist to maximise profits, regardless of inputs, and those that exist to create a lifestyle, with inputs minimised to increase the entrepreneurs quality of life. Your goal when creating a lifestyle business should be to maximise your quality of life. This idea extends to affiliate marketing, and all other forms of internet marketing in fact. When you create a business with scalability built into its DNA, you create a business that will permanently give you the quality of life and amount of free time that you deserve. Don’t become a slave to your work, make your work an easy to manage part of your life.

#3 – Find a system that works, and follow it.
This is a mainstay of internet marketing. With hundreds of ‘money making systems’ around, it can be difficult to know what is legitimate and what is bogus. The most important thing to do is experiment. You can’t know what works unless you try things for yourself. Once you find something that gives you the quality of life you want along with the income that allows you to live the way you want, stick with it and optimise it until you can’t any more. There’s always time to create side businesses, should you want to, and spending your time on tasks that you don’t need to be doing isn’t something that any internet marketer should have to do.

Learn More About Life Insurance Fraud

Life insurance fraud refers to illegal acts committed by those buying or selling life insurance policies. In-vestopedia defines five different types of buyer life insurance fraud, from accidental suicides to falsifying medical records. Find out more and learn about two of the more famous cases of life insurance fraud.

Types of life insurance buyer fraud

Post-dated life insurance: a policy that is purchased after the death of the insured person but appears to have been issued before their death.

False medical history:Withholding information about existing medical conditions, whether or not you smoke etc constitutes one of the most common types of fraud. Coming clean with your provider might mean that your premiums are more expensive but this cannot outweigh the risk of reduced or rejected claims. It is not uncommon for unscrupulous doctors to falsify medical records on behalf of buyers.

Murder for proceeds: In this instance the insured person (spouse, business partner etc) is murdered for their life insurance cover or a policy is taken out in somebodys name without their knowledge and they are subsequently murdered for the life cover payout.

Lack of insurable interest: Insurable interest stipulates that in order to buy a life insurance policy in somebodys name you have to be able to prove that that persons death would cause you financial distress.

Suicidal accidents: This occurs when a person commits suicide but tries to make it look like an accident in order to ensure that their family can claim their life insurance cover.

Faking death or disability:It is not unheard of for someone to fake either death or disability to claim insur-ance payouts for themselves or their families. People have also created fake identities which have been killed or died with the family claiming life insurance payouts.

Famous cases of life insurance fraud
John Darwin, a British teacher and prison officer died in a canoeing accident in 2002 but was discovered alive and well and arrested five years later. His wife, who had claimed his life insurance payout, said he had been secretly living in their house and the house next door. Both were sentenced to over six years in prison.

In 2008 Helen Golay and Olga Rutterschmidt were convicted of the murders of two homeless men, Paul Vados in 1999 and Kenneth McDavid in 2005. Both murders were staged as hit and run accidents. Multimillion dollar life insurance policies had been taken out on the men by Golay and Rutterschmidt.

Finding Success With Your Affiliate Marketing Business

The web today is filled with many up and coming internet marketers, especially those involved with the affiliate marketing business. While many people who have online businesses are working as affiliates under a variety of different affiliate programs. Others who have achieved some sort of success through the affiliate marketing business have ventured and started their own affiliate networks.

However, even though others have achieved a level of success and the affiliate marketing business is one of the easiest online businesses to get started. You still need to remember that it takes a little persistence and effort on your part. This is something that every business owner needs, but even more so if your plans involve the affiliate marketing business.

The bulk of your effort should be concentrated on promoting and marketing your website or blog. Your main goal is to get targeted traffic to your sites in order for you to be successful. That is one of the biggest challenges that many affiliate marketers, as well as other online businesses face and that is being able to promote their websites to the right target audience.

Being able to find the right target audience and attracting them to your website or blog with quality content is a major factor in determining how well your affiliate marketing business will do. Of course, where to find your target market depends entirely upon the niche market that you are in. For instance, if you are promoting model airplane kits then you definitely would not want to market your website in areas where people are searching for weight loss information.

A good way for you to target your audience is by writing articles and submitting them to be published online with article directories. Article marketing is a great method for promoting your website and at the same time creating awareness of the products and services that you offer. Article marketing is also an excellent method to generate targeted traffic as the content of your articles provide information that people are specifically searching for.

In order to make your articles effective and to be able to draw the attention of people who are interested in your products, you need to include keywords. Optimizing your articles with keywords and keyword phrases that relate to your website niche will make them more visible to the search engines. This is extremely important since the search engines thrive on fresh content it only makes sense to have your keyword phrases in place which will increase the search results for your articles.

Obviously, there are many other options and strategies that will help your affiliate marketing business to become successful. However, nothing will help you more then having the persistence and determination to succeed.

How to Apply for Health Insurance

What do people think these days; buying an expensive Lamborghini Veneno or perhaps spending a cozy night at Palms Casino Resort Hotel? But isn’t it more priceless when you spend more on caring for your health and get your own insurance policy before it’s too late? An insurance is a protection of your finances in case of emergency like an accident or death. There are different types of insurance such as life insurance, property insurance, credit insurance, and health insurance. These are the basic insurance that you can get today. Others are car insurance, accident insurance, dental insurance and so on and so forth. The basic steps for applying to an insurance company is to visit their office for inquiries. There are numerous guidelines that each company is setting out for all their clients. This varies from a company’s policy and terms of conditions they have for every insurance plan available. Basically, you need to fill up a form that asks personal information about you. You have to be honest and provide exact details for your applied health insurance to get an approval. You can wait for a couple of days or weeks before you will get an official statement from the company that cater insurance services. By the time your application is approved, you can request for a pre-existing insurance condition to identify the do’s and don’t’s about the company’s policy. It is necessary that you understand everything before proceeding with your application. This will make you become more financially secured and enjoy the remaining benefits that a health insurance company has to offer. Online Health Insurance-Legit or Not? The fast pace of modern technology improves the traditional over-the-table transaction and literally divert to online services. Today, you can apply for online health insurance and worry less because they will entertain you in minutes. The process is more convenient, fast, and reliable but be careful in choosing a company to tie-up with because humors are spreading about health insurance scams over the internet. It would be wise if you have others opinion about dealing online insurance company. A legit online company for insurance have a reliable customer support that can answer your queries 24/7, a proper contact number and business address featured on the website, a member of any business association for professionals, and be aware of the famous logo -TRUST- in the home page. Options for Getting Health Insurance There are several options that you can choose for getting an insurance. You can choose to have insurance for your parent’s, to your children, or for yourself. You can simply ask the company to give you the list of requirements and comply asap. Now, you are more secured having your own health insurance and 100% confident you can pay your medication in the future.

How To Conduct A Market Research

The availability of the free market research tools has made it easier for the company owners collect the data which is needed to conduct the market research surveys to improve the business as well as to understand the business better. The method of market research analysis is known as a well organized method to know about the requirement, thought and the satisfaction of the buyers about any product or service. So, this process works as the main path to successfully manage any business.

With the results of research analysis, the companies can be aware of the process to market their products or services in the best way. The focus group discussion and questionnaire surveys play major roles in this type of survey. All of these things are easily available online and you can also download the survey templates directly from the market. These days, conducting the market survey has become easier than ever due to the In this article, I will discuss the way how the market research survey software system work. .

Learn what the clients wish for: Instead of only guessing what those clients are searching for, who are interested in your niche market, you will be able to survey the accurate demographics with the help of the market research survey online software program. Besides, it will also offer you a clear idea of how to plan the marketing campaign in the best way.

Easy to access: In case you are concerned about using the complex survey software which would take loads of time to learn, make it sure that the online survey software that you are choosing as an entrepreneur or an online business owner, is more convenient and user friendly. This thing adds the benefit that the business owners would be able to create some surveys quickly in order to poll several questions to the clients with instant feedbacks and results. It will also help the business owners to find the right answers.

Or you can also use this survey as the medium of market research that would allow you to tap the hidden trends within the targeted market. While you will get the survey results, you will be able to analyze all the information within the chart and table and this thing will help you to prepare reports for your company and for yourself to decide the best action in the forthcoming marketing campaign.

Marketing is not at all a guessing game: Your success as the online business entrepreneur is the thing that should be steadfast, secure and reliable. Moreover, you have to know The online survey software is so vital because it helps the companies to get direct feedbacks from their clients about their likes and dislikes and therefore it tailors the web appeal and advertising of the companies to acquire good revenue every year.

If you want to know some more information about this software system or if you want to buy it online, then contact with www.magicsurveytool.com.

Advantages And Disadvantages Of Online Trading

Online trading means trading of stocks through internet. In simple words online trading has brought the stock exchange literally to our homes. There are dedicated sites that offer online trading platform to indulge in trading of stocks. Since the introduction of online trading there has been a surge of investors, primarily new investors who were earlier shying away from the market. Online trading has made it possible to trade in different kinds of securities like stocks, bonds, futures, options, ETFs, forex currencies and mutual funds. There are some obvious differences between online and traditional trading. In traditional trading the activities are carried out through a broker, he helps the trader with suggestions on how to proceed in the trade. The transaction is carried out through archaic communication tools like telephone. The broker assists the trader in the whole process in the form of collecting and providing information for making better trading decisions. In return of this service the trader charges a commission on every trade, which is most of the time on the higher side. The traditional form of trading is a time consuming process and generally benefits long time investors who dont do much trading.

On the contrary there is a change in the process when it comes to online trading. Stock brokers have their websites through which they provide a platform to indulge in online trading of stocks. The platforms are very useful because they provide additional information like market data, news, charts and alerts. Market data is provided in the form of levels namely 1.5, 2 and 3. Day traders are the kind of traders who require every level of market data. Trading decisions are taken by the trader himself. Traders are allowed to trade more than one product, one market and/or one ECN with his single account and software. It is important to note that all trades in online trading are executed in (near) real-time. Online brokers in return of their service charge trading commissions and fees for the usage of the software.
Advantages

Fully automated trading process with access to advanced trading tools.
Online trading of stock allows trading in real-time market data and multiple markets and products.
Possible to indulge in faster trade execution that facilitates day traders in swing trading.
It is easy to open and manage an account and does not have any geographical limitations.
Online trading favors active traders, who trade in bulk but demands lesser commission.

Disadvantages
Online trading is risky if trading is done extensively on margin
There are chances of trading loss in case of mechanical/platforms failure
Online traders fall sort of constant support and suggestion
The fee of online brokers vary

Having said everything, online trading has been a big boost for the stock market.