5 Tax Mistakes Business Owners Make
February 1, 2012 – 2:14 pm | One Comment

Part of putting together an effective tax management strategy is gaining an understanding of what you can and cannot deduct from your tax return.   I see business owners that make mistakes every single day.  Every …

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Problem – or a PROBLEM!

Problem – or a PROBLEM!

As I sit this weekend and read more about the oil spill in the Gulf, it becomes more and more apparent to me they really don’t have a solution other than drilling a relief well.  All the other pomp and circumstance they are doing right now is for our benefit so at least we will feel like something is getting done.  With advances in today’s technology, how could we get to this point?  Surely there was a contingency plan, right?

Most of us would be just as guilty for lack of preparation in our personal lives.  Who has time to stop and assess?  Unfortunately however, what starts out as a small problem can quickly turn to a PROBLEM!  All of us have heard a story from a neighbor family member or friend, someone loses their job, they have medical issues, bad luck, whatever!

When you are done reading this take 5 minutes and ask yourself the following questions:

  • When was the last time I did a comprehensive assessment of all my insurance coverage ?
  • Do I have an umbrella insurance policy?
  • Is my will up to date?
  • Have I secured all my valuables online or in a safety deposit box?
  • Do I have enough cash reserve?
  • If something happen to me today would my family be financially okay?

If you aren’t comfortable with all your answers – Do something about it! Right now!

Kile Lewis, CRPC®

Co-CEO and Founder oXYGen Financial, Inc.

Request a FREE consultation – Go Now!

Check out these other articles – Smart Financial Moves After A Divorce , The Stock Market Crash Of 2010 , Major Tax Change To Life Insurance And Annuities , Health Care Reform Details , Life Insurance For My Children? , Do you need disability insurance? , Ten Things To Include In Your Will

oXYGen Financial, Inc. co-CEO Kile Lewis is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

How to Protect Your Income

KILE LEWIS  IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

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