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 […]
Category Archives: Finance Guide
Mercury Insurance is a company that provides insurance for small businesses. What does that mean for you? It means that Mercury Insurance can provide you with the coverage you need to protect your business from potential liabilities. In this blog post, we will explore what Mercury Insurance can do for small businesses and help you […]
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 […]
Mutual fund investments are often viewed as the most risky way to invest our hard-earned cash. We want to make sure we have enough income and that our capital is safe. Mutual funds are one of the most secure ways to invest and can generate great income over time. It is a very important topic that you should […]
National Motor Club (NMC), is an affordable supplemental coverage plan. NMC coverage includes Emergency Roadside Assistance and Travel Assistance Reimbursement. Trip Planning, Emergency Travel Assistance. Bail Bonds. Attorney Fee Reimbursement. Prescription Drug Savings. Vision Care Savings. Emergency Room Benefits. Trip Reservations. Identity Theft. Auto Service Discounts. You also receive emergency medical assistance. You are covered if you’re […]
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 […]
Do you own a home? If so, you’re probably wondering what kind of insurance it would benefit you to have. After all, your home is your most valuable possession, right? Wrong. Your home may be your most valuable possession, but it’s not the only thing you need insurance for. In fact, there are a number […]
Do Life Insurance Companies Check Medical Records After Death? When you die, your loved ones may need to go through your medical records to make sure you are eligible for life insurance. But what if you don’t have any medical records? What if you never even had a doctor? Do life insurance companies still check […]
Colonial Penn is a subsidiary of AIG, one of the largest insurance companies in the world. It’s been in business for over 150 years, and it has always specialized in reinsurance, which is a type of insurance that protects insurers from other insurers. In the past few years, Colonial Penn has become embroiled in a […]
Will I Get Penalized For Not Having Health Insurance? Healthcare is one of the most important aspects of our lives, and it’s no wonder that so many people are scrambling to secure coverage before the Affordable Care Act (ACA) goes into effect next month. But even if you have health insurance, is it a good […]










