Category Archives: Finance Guide

Oklahoma car insurance laws

There are numerous car insurance laws in Oklahoma designed to protect the drivers of the Sooner State. With over 2.5 million licensed drivers on the roads in Oklahoma, understanding the basic laws is helpful as drivers make financial decisions regarding their vehicles and auto insurance policies. In 2019, Oklahoma recorded 584 fatal crashes, with over 640 deaths as a result, which […]

Captive Insurance Plans For Small Business

The Internal Revenue Service has announced a settlement program for taxpayers who participated in abusive programs. Captive insurance is making headlines. Federal regulators have been investigating these arrangements. They claim that some taxpayers incorrectly claimed tax benefits, without properly setting up a bonafide captive-insurance program. Captive insurance arrangements can provide valuable tax benefits if they are properly established for […]

Are Health Insurance Premiums Tax Deductible For S Corp?

When you are an S corporation, you may be wondering if health insurance premiums are tax deductible. The answer is yes, but there are some limitations. Here is a look at the basics of how this works. First, let’s take a look at what health insurance is. Health insurance is coverage that provides for medical […]

Paragon International Wealth Management – Higher Demand For Colored Diamonds Not a Surprise

It’s been almost a year since the Oppenheimer Blue diamond, weighing 14.6 carats, sold for $57.5 million. Christie’s managed the auction and sold the rare blue diamond for nearly $4 million per carat. This is the most valuable blue diamond ever sold. The year 2016 has been called the year for the rare colored diamond. Colored diamonds […]