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What is an Experience Modification Rating for Workers’ Compensation

September 3, 2024

Workers’ compensation insurance is a critical aspect of any business’s risk management strategy. Because of the costs involved it is vitally important to a company’s finances if the business has employees that its workers’ comp policy is proper and appropriate. To begin, let me answer a question I receive from time-to-time. Most businesses start with a rating of 1.0. I’ll explain what that means below….

How to Hire Your Children as an Employee for your Business to Save Taxes

April 1, 2024

It’s possible to save considerable amount of money in the form of tax savings by hiring your children Your kids may learn valuable business skills that they will keep for their lifetime The federal government, via tax preferential treatment encourages hiring children The work and amount of pay must be reasonable in relation to each other, and in relation to the age and knowledge of

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2024 Deadline for LLCs to Take S Corp Election Coming Up Quickly

February 22, 2024

If your small business is or perhaps more importantly will be netting you over $50,000 this tax year and you’re operating your LLC as a disregarded entity, you may be paying too much in taxes. One potential strategy on reducing your tax liability and keeping more of your hard earned money in your pocket is being smart about how your business operates. This includes for

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Life Insurance for Your SBA Loan: What Business Owners Want to Know

February 9, 2024

Starting or expanding a business often requires financial assistance, and many entrepreneurs turn to the Small Business Administration (SBA) for loans to fuel their ventures. However, securing an SBA loan typically involves meeting specific requirements, one of which may be obtaining life insurance to protect the lender’s investment. We know business and we know life insurance, and when you combine these two skill sets, you

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IRS Stops Most Unannounced Visits To Taxpayers and Businesses

September 11, 2023

The IRS has made an important announcement regarding the practice of unannounced visits by its revenue officers. This policy change comes in response to the increasing prevalence of tax scams and the resulting confusion among taxpayers when verifying the identity of IRS employees. This change prioritizes the safety of both taxpayers and IRS employees. Here is a summarized version of the key points: 1. End

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NEMT Interview – Robert Weinstein interviews Chris Buell

August 21, 2023

In this interview, Robert Weinstein learns how Chris Buell helps new and not new Non Emergency Medical Transportation NEMT operators can increase their profits and ability to manage their business. Chris is a sales consultant and has experience with two different NEMT businesses that he operated before becoming a helping hand to others.

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Commercial Auto Symbols

August 14, 2023

Understanding Business Vehicle Insurance Symbols Have you taken a close look at your company’s vehicle insurance policy? If you have, you might’ve seen some small numbers next to the various coverages. If these numbers seem unfamiliar, here’s a breakdown: Vehicle Coverage Symbols Explained These small numbers are known as vehicle coverage symbols. They signify the kind of vehicle that’s protected by the relevant insurance limit,

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How to Maximize Your Business Vehicle Tax Deductions in 2023

August 10, 2023

The tax landscape is ever-evolving, and 2023 has brought some significant changes, especially in the realm of business vehicle tax deductions. With the potential to save thousands of dollars in taxes, understanding these changes is crucial for individuals and businesses alike. This article delves deep into the nuances of the 2023 vehicle tax deduction, offering insights and actionable advice. It’s important to note that unlocking

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How Much Professional Liability Insurance Should Attorneys Have?

July 28, 2023

As an attorney and insurance agent, it’s not surprising for attorneys to ask me how much professional liability insurance they should have. The world is changing quickly, especially with technology and with the increasing use of AI to help, the risks of malpractice have maybe not so much increased, albeit certainly have shifted in how an attorney can breach their duty to their client. To

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Cheapest Home Insurance in Eau Claire Wisconsin

May 14, 2023

Give us a call at 715-598-9924 I recently saw and read part an “article” (and that’s using the term generously) with a title of the “Cheapest Home Insurance in Wisconsin” and it became pretty clear to me quickly that the article wasn’t anything more than a paid advertisement designed to masquerade as a legitimate price comparison on nerdwallet. Ok, in fairness, it did state “among

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Understanding Contractor Bid and Performance Bonds When Working With A Government Buyer

April 23, 2023

The quick answer is government contracts require surety bonds to ensure the contractor businesses and/or people contracted with any given government buyer either perform and complete the job as expected, or there’s a third-party (the surety/bond company) on the hook to pay for another contractor to step in and finish the job (or make it right). As a fast overview, let’s first describe and define

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Using ChatGPT Can Help Your Business Grow By Helping You Write SEO Friendly Content For Your Website

January 25, 2023

If you haven’t heard of Artificial Intelligence (commonly just called AI) and the impact it’s having on marketing and pretty much everything, it’s something you want to learn about. AI technology is disrupting the world we live in, and is being called a “Google killer” because you can ask a “chat bot” relatively simple and advanced questions and get your answer without having to click

Buying Homeowners Insurance In Wisconsin

January 23, 2023

Buying Homeowner’s Insurance in Wisconsin can be an easy or really difficult process. Ideally, you want to work with an agent who will take the time to know you, your family if you have one, and have access to the “right” insurance carrier. The “right” insurance carrier can mean different things to different people, albeit for this article, what I mean is the price is

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Starting a Michigan Taxi or Non Emergency Medical Transportation Business Is Expensive Because of Regulations

January 20, 2023

Michigan has some of the highest auto insurance costs in the country. If you’re considering starting a Taxi or Non Emergency Medical Transportation (NEMT) business in Michigan, you should know that the cost of insurance in this state is some of the highest you will find. Taxi regulations in Michigan are set by individual municipalities, but all taxi companies operating in the state must be

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Calculating Workers’ Compensation Costs Audit

April 28, 2022

That first workers’ comp audit can be quite the surprise (and nightmare) for many of my business owners with employees. This is especially true for fast growing businesses that allow their payroll to grow quickly. Generally, Workers compensation is an estimated premium policy based on expected payroll in the next 12 months, and like most business estimates, they’re rarely exact. Some workers’ comp insurance policies

Buying a Bid Bond

March 16, 2022

If you’re a contractor requiring a bid bond for your next project, or what you hope is your next construction project, there’s not a lot to learn about bid bonds, which is the good news, however the bad news for most contractors is that the process isn’t as easy as they think. It’s understandable why so many of my contractors think buying a bid and

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Start a Party Bus Business

June 3, 2021

Ok, you’ve decided you want to be your own boss and start a business. You’ve even narrowed it down to starting a party bus business, so now what? Starting a party bus business is clearly not impossible as others are operating, albeit having the right information, and the right people surrounding you is key. In fact, a party bus company doesn’t have to be hard

Top 10 NEMT Things to Know When Starting a Non Emergency Medical Transportation Business

September 26, 2019

Get a NEMT insurance Quote America’s transportation industry is changing right before our eyes. The days of calling a friend, a taxi, or ambulance as the only choices for people to obtain non emergency medical transportation (NEMT) are over. As the population ages, the opportunity for business people to enter the transportation economy has never been greater, and all signs point to potential success, albeit

Party Bus Insurance For New Party Bus Companies

December 1, 2018

If you’re starting a new party bus business in your local area, you may be surprised at how much commercial auto insurance costs, so knowing your options is key to keeping your insurance costs low. Click HERE to fill out our simple online Party Bus Insurance Quote Application Depending on your state (and feel free to reach out and ask about your state, we’re here

Business Insurance Audit Letter, Why Did I Get One and Do I Have To Fill It Out?

March 8, 2018

What is this commercial insurance audit letter I received in the mail, and do I have to complete it? When a business general liability or professional liability policy is nearing renewal (generally about 10 or 11 months into a year policy), and sometimes when an insurance policy is written and put into place insurance carriers send an audit letter(s). Usually, in a typical contractor's insurance policy,

How To Start a Party Bus Business

December 19, 2017

Starting a party bus business encompasses many of the same requirements as any business, namely knowing the industry, understanding marketing, being able to properly price your product, scheduling, and of course the big one, customer service. Again, I want to emphasize the importance of customer service. You can have everything perfect, the right bus, the right price, the right availability, and if you fail at

Hiring a Subcontractor, What You Need To Know For Insurance

September 6, 2017

Moving from a one person band to having employees and/or subcontractors working with you can be a significant and unexpected change for many business owners. On one hand, with more people, larger and sometimes more profitable contracts can be earned, and having other hands on the job can make quicker and more efficient work when do correctly. Like most things in life, the upside to

Self-Employed Contractor Bookkeeping Including Online Accounting Software

July 19, 2017

Self-Employed Contractor Online Bookkeeping Service For the Single Member LLC All your typical self-employed bookkeeping requirements including your Federal Schedule C for a set montly rate. If you’re a self-employed contractor working for a 1099, you’re already busy working a full work week, and if you’re like most, the last thing you want to do is learn how to perform bookkeeping at the end of

Payroll Service for Small Businesses Employers

April 26, 2017

Small Business Payroll Service from 1 Reason Payroll You’re busy enough running your business, the last thing you want is to learn another skillset that you won’t use enough to justify your time, money, and energy learning. Besides, accounting mistakes can cost you much more than any amount saved. 1 Reason Payroll service is here to help and can streamline your pay-as-you-go workers’ compensation into

2017 I-9 – Employment Eligibility Verification Download For New Employees

April 21, 2017

2017 I-9 – Employment Eligibility Verification Download For New Employees Here's the form for your easy download —–> I-9 Fillable Form I-9 Paper Version For Printing If you want a W-4 form, click HERE And to learn more about W-4 Forms, Click HERE Form I-9 is used for verifying the identity and employment authorization of people hired for employment in the United States.

10 Reasons Why You're Losing Sales That You Might Have Made

April 14, 2017

In a world of online shopping and the greatest price transparency ever, it may seem logical that price is what drives a buyer's decision making, but some things never change, and one of them is price isn't the most important factor in a buyer's mind. Many salespeople seem to forget, or maybe they never understood in the first place that price, and especially the lowest

Maui Land & Pineapple Company Reports Fiscal 2024 Third Quarter Results

November 14, 2024

KAPALUA, Hawai‘i, Nov. 14, 2024 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the nine month period ended September 30, 2024. “Our third-quarter results demonstrate strong momentum across all business segments, with an 18.6% increase in revenue compared to last year,” said CEO Race Randle. “We’re encouraged by this growth as we continue making strategic investments in

Forman Capital Provides $113.6 Million Construction Loan for Downtown Naples Condominium Project

November 14, 2024

15-story Aura at Metropolitan to include 6,341 square feet of ground-floor retail and restaurant space NAPLES and PALM BEACH, FL, Nov. 14, 2024 (GLOBE NEWSWIRE) — Forman Capital, a leading private direct real estate lender, provided a $113.6 million construction loan for a luxury condominium project in Naples, Florida. The financing exemplifies Forman Capital’s ability to creatively structure complex transactions. Development Partners International, LLC, led

Skyward Specialty Launches New Life Sciences Liability Insurance Product

November 14, 2024

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) (“Skyward Specialty” or “the Company”), a leader in the specialty property and casualty (P&C) market, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company’s Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences

Real Estate Firm Blacklist Capital Achieves Dual Milestones in NYC and UAE

November 13, 2024

Photo courtesy of Blacklist Capital NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) — Blacklist Capital, a New York-based real estate private equity firm, announces two significant achievements: its expansion into the Middle East and the closure of its third fund, which will complete an affordable housing project in New York City. Fahad Rajput, founder of Blacklist Capital, acknowledges the financial challenges families face in owning

NewLake Capital Partners Reports Third Quarter 2024 Financial Results

November 13, 2024

Third Quarter 2024 Revenue Totaled $12.6 Million, an Increase of 9.3% Year-Over-Year Third Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.4 Million, Funds from Operations Totaled $10.3 Million, and Adjusted Funds from Operations Totaled $10.8 Million Conference Call and Webcast Scheduled for November 14, 2024, at 11 a.m. Eastern Time NEW CANAAN, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OCTQX:

Flagship Communities Real Estate Investment Trust Announces Appointments of Two Members to its Board of Trustees

November 13, 2024

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced the appointments of Candace McGraw and Jonathan Li to its board of trustees (the “Board”). “We are excited to welcome Candace and Jon to our Board,” said Peter Bynoe, the REIT’s

Flagship Communities Real Estate Investment Trust Announces Third Quarter 2024 Results

November 13, 2024

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its third quarter 2024 results. The financial results of the REIT are presented in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (the

Orchid Island Capital Announces November 2024 Monthly Dividend and October 31, 2024 RMBS Portfolio Characteristics

November 13, 2024

November 2024 Monthly Dividend of $0.12 Per Share of Common Stock Estimated Book Value Per Share as of November 8, 2024 of approximately $8.30 to $8.34 RMBS Portfolio Characteristics as of October 31, 2024 Next Dividend Announcement Expected December 10, 2024 VERO BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared

Alpine Income Property Trust Announces Changes to Board of Directors

November 13, 2024

WINTER PARK, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Jeffrey S. Yarckin has notified the Company of his resignation from the Company’s Board of Directors, effective November 8, 2024. The Company today also announced the appointment of Brenna A. Wadleigh to the Company’s Board of Directors, effective November 8, 2024. “On

eXp World Holdings to Participate in the Stephens Annual Investment Conference

November 13, 2024

eXp World Holdings Management Will Take Part in a Fireside Chat on Tuesday, Nov 21, 2024 eXp World Holdings to Participate in the Stephens Annual Investment Conference eXp World Holdings Management Will Take Part in a Fireside Chat on Tuesday, Nov 21, 2024 BELLINGHAM, Wash., Nov. 13, 2024 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, FrameVR.io and

La Rosa Holdings Corp. Acquires 100% Ownership of La Rosa Realty Premier Franchisee with Approx. $2.09 Million in Revenue and Positive Net Income for 2023

November 13, 2024

Targeting $100 Million Annualized Revenue as 2024 Exit Run Rate Celebration, FL, Nov. 13, 2024 (GLOBE NEWSWIRE) — La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the acquisition of the remaining 49% interest in its franchisee, La Rosa Realty Premier, LLC (“Realty Premier”), located in Orlando, Florida. This acquisition

Howard Hughes Holdings to Host 2024 Investor Day on November 18 in Summerlin®

November 13, 2024

THE WOODLANDS, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) — Howard Hughes Holdings Inc. (NYSE: HHH) announced today it will host its 2024 Investor Day on Monday, November 18 in Summerlin®, the company’s award-winning master planned community in Las Vegas, Nevada. The event will include a presentation led by the HHH executive team which will be webcast live starting at 1:00 p.m. Pacific Time (4:00 p.m.