Auto Insurance Quote – Finding Cheap Auto Insurance Online Tips

In this days of economic meltdown, lack of job security and rising inflation. It has become more difficult to obtain cheap auto insurance but despite these challenges there are ways out on securing quite cheap vehicle insurance quote. It is a known fact that insurance is an inevitable policy which you must have for your future security, in case of theft or accident that might be encountered on the high ways.

No one prays for an accident to occur, but adequate provision has to be made in case of the unforeseen. However when this happen, having a good car insurance quote will do the magic. But the question now, how can one obtain cheap auto insurance.

The most efficient way of doing auto insurance comparison is through the internet, this has many advantages when compared to the usual door to door approach. The internet saves you a lot of time and hassles. It also provides you with a wide variety of choice.

Checking insurance quote online helps you stop moving from one office to the other or one company to the other, hearing and listening to sales pitches from salesperson all trying to confuse you on the right insurance policy for you.

The one most important thing you must do before applying for motor insurance online is to carry out your own due diligence about the company in terms of history, performance, service delivery, and background and insurance privileges. It is paramount for you to choose one that will hold true to their word and hold promises. All of this information can also be gotten from careful study of customer review on their services.

The other factors that can help you in obtaining cheap auto insurance is a clean driving history, it will do you a lot of good if you have this in back of your mind. Also you should take into consideration your budget and car, when applying for vehicle insurance.

So the best way of finding the best and cheapest auto insurance quote is through the power of the internet, which saves you time and provides you with several good options.


Tax Requirements for a Business Start-Up

Are you planning to start a business? Well, there are several State and Federal requirements that you will need to meet in order to operate legally. These requirements depend a lot on the type of business entity you settle on for your business. These start-up requirements include both State and Federal tax registration requirements. Below is a list of some tax requirements for various business entities.

Employee Identification Number (EIN)

The Employee Identification Number (EIN) is a tax registration number that identifies employers and tax agents who withhold various taxes on behalf of the IRS. Most businesses require an EIN, especially if they have employees or if they withhold sales taxes. However, sole proprietors that do not employ may operate without an EIN. You can register for an EIN by filling out an online registration form available on the IRS website. You are also required to send an SS-4 to the IRS to accompany the registration form. You will then receive your EIN and you will use it when submitting any withheld taxes to the IRS.

State Business Registration

Various business entities will have different state registration requirements. You can get the details of these requirements by contacting your respective state business registration office or by consulting with a business attorney. In most cases, your business registration will award you a business number that you will be required to provide when filing various State and Federal taxes.

Books of Accounts

The tax authority requires various business entities to maintain various books of accounts as their primary support documentation for their taxes. It is therefore, important to ensure that you set the right books of accounts according to your business entity at the start of your business. This will enable you to be prepared for your tax returns. Generally, sole proprietors will not require detailed accounts but must maintain consistent schedules and records of business transactions. Partnerships, corporations, and limited liability companies will however, require proper double entry books of accounts and clearly indicate partners’ share of profits or dividend distributions to shareholders. The C-Corporation has more complicated books of accounts to keep. You may require the help of an accountant to set up the right account bookkeeping for your business. You can also purchase and install various accounting software that will assist you maintain proper bookkeeping and assist in preparing the taxes for your business.

State Tax Requirements

Various states will have different tax requirements for State taxes. If your business will be a withholding tax agent for sales taxes for example, you will need some tax registration from your State. Various business entities will also have different tax requirements. This is especially so for the business entities created and governed under the State law. These business entities include S-Corporations, C-Corporations and Limited Liability Companies. S-Corporations, for example, require the owner or owners to elect the option in which they will want to file their taxes. They can file their taxes as a sole proprietor, partnership, tax entity, or a Limited Liability Company.


Money Goals and Finance Goals – Movies Are to Blame!

Are you struggling with your money goals and your finance goals? I think a lot of people are these days, especially with the current economic climate right? Why do we all struggle with these goals to achieve in life? Why do we grapple with issues around accomplishing a goal in terms of our finances? In my experience, this is all deep in our subconscious and goes back to our childhood and throughout our teen and adult life.

In the past couple of years, I have been blessed to see some of the most successful business men and women in the world. I have sat for hours as they speak about how they struggled to overcome their own struggles with their money goals and finance goals. I have listened to speakers who slept on the streets, slept in train stations etc… to conquer their money goals and finally learn how to set life goals! I have seen the pain in their eyes and the emotional attachment that this period still has with them.

Why do people go through periods of struggle with their money and finance goals? Well, when you think about it, as kids we are very much subjected to a lot of “myths” about money and how it is viewed by society. Have you ever heard some of these common myths before…

Money is the root of all evil
Getting rich is a matter of luck or fate
Having a lot of money will make me less spiritual or pure
Money will change me
Money won’t make me happy
I’m too young to be rich
I’m already quite comfortable. I don’t need to push myself

I bet these sayings are familiar to the majority of you? We struggle with our money goals and finance goals because we have been so conditioned by phrases like “I’m not made of money” or “Money doesn’t grow on trees”, that it is inherent in our subconscious. It is almost like a disease and we don’t even realize it! I have been very lucky to attend various seminars on this subject that have really brought this to my conscious mind. When something is conscious, we can train the brain so that success in our money goals and finance goals becomes habitual.

After attending seminars and being aware of these myths and negative stories we have all heard about, I began to realize that this severely impacts our goals to achieve in life, in a negative way. I then started to see things differently and made an observation that many people I have spoken to lately, have agreed with. Movies, present or past, have a big impact on our money goals and fiance goals!

I watched the movie “Hook” recently with Robin Williams (great movie, I highly recommend it). Peter Banning, played by Robin Williams, has a beautiful wife and two great kids. He is a big time sales man, working on his own goals for sales. He is very high up in his company and is on the verge of a major deal. His son has a vital baseball game coming up soon. He has promised his son that he will see his baseball game. What does he do? He shows up late and misses the game, focusing on his major deal instead. The family fight and he often screams at the kids, pays no attention to his wife, constantly argues and focuses on the money he will receive from the deal.

In my opinion, this is very symbolic of a lot of movies of this ilk (granted the movie is actually about how he becomes Peter Pan again, but that’s besides the point!). The movie subconsciously gives the audience a choice, either you can achieve your money goals and finance goals or you can be there for your family. You can’t have both, you must make a sacrifice. If you want the money, you must work extremely hard, with rarely any time for holidays or your family. Money, therefore, becomes the “root of all evil”! In the end, Peter, makes the choice of his choosing his family. He throws away the phone call (literally) that can close his sales deal. This depicts the fact that we have to choose one or the other, you can’t have both.

Don’t get me wrong, I love these movies. They played a big part in my childhood, but as you become older, you become wiser. Once you start to model and try to replicate successful people, you see things with new eyes.I often speak so highly of the seminars and the business speakers that I have been privileged to see live. After spending three full days at an event on “money goals” a year or so ago, someone once remarked that I was in a “cult”. It made me think, perhaps I have been in a “cult” with my money goals and finance goals before I began to see the light that the successful gurus have shown me.

So I guess its time to debunk some of the myths above and leave you with some new belief systems to mull over:

1) Making money doesn’t restrict freedom, it PROMOTES freedom
2) To master money, I must MANAGE money
3) Wealthy and successful people aren’t smarter than me, they just have better money management HABITS

Some people think that the concept of changing your mindset is all “hocus pocus”. I beg to differ. I think that if we begin to look at things with new eyes, that we can really start to focus on our money goals and finance goals. In fact, you can focus on new ways to achieve your goals in life!

So what are your new money associations? Fill in the blank: Money is__________