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Category Archives: Finance

Know The Importance of Using Bitcoin Charts

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Bitcoin Chart is increasingly gaining prominence because of its convenience, as well as person-to-person transaction style. It is viewed as an effective platform that secures savings against forces that may be looking for opportunities to leak an individual’s hard-earned money. Therefore, using mathematical manipulation and simple calculating methods on computer programs, can help a great deal in securing savings efficiently. It is often considered the latest advancement in currency. As a result, it is gaining popularity as an effective digitally based repayment system without the involvement of physical currency.

Its Creation and development

This is a concept that involves the use of crypto-currency, first described by Wei Dai in 1998. The concept recommended this new form of currency that uses cryptography and transactions as opposed to a centralized authority. Specification and proof was later published in 2009. Today, the community has grown as more developers continue to work on it. Furthermore, more developers continue to change the first version of the software creating better versions adapted to the changing market.

Using the chart

Any investor seeking to exploit the benefits facilitated in this market should know how to use a Bitcoin chart for analysis. Furthermore, investors should learn how to use its calculator. A lot of hype is often created around the software’s value because information can be deciphered easily. According to existing records, the value has reached impressive heights of $1,242. This has led to a situation where more companies have introduced facilities and designs that accommodate the use of the software to their current systems. Furthermore, many companies are working towards this new style of transaction, to encourage their counterparts and customers. This is a strong sign that it shall continue to gain prominence in the financial market.

Types of charts

They are different types of charts including charting information on the available Bitcoins in circulation, total transaction fees, market capitalization information and types of different transactions. Ideally, investors are encouraged to learn how to use different types of charts. These charts are created to show how information on an individual subject in a comprehensible and easy way. The charts allow investors to assess a situation without reading lots of technical material. The charts help investors to view and understand important information holistically, at a more accurate and quick rate. Therefore, knowing how to use these charts allows the user to undertake better hedging exercises, in turn giving better savings.

Five Tips for New Side Business Owners

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You have made the first step to enhancing your financial health by starting a new side business, congrats! The work is now just beginning for you though. You are going to have to balance your home life and career life. However, you will find that while you continue to work your main job, your side business will have time to grow since it is not your main income.

This means you can one day turn your side business into a full time business yet you are ahead of other business owners because you can fund your own startup costs. Today, we are discussing five tips that you need to know to get even further ahead of the game.

Create a Business Entity

When you first create your side business, you will probably start operating as a sole proprietor. Many new business starts like this because it is the easiest way to get started. There are other options available with the second most common type being Limited Liability Company, LLC.

This is something that can be done easily online within your state however; you will have to pay from $20 to a couple of hundred dollars to do so. Keep in mind though when you go with a business entity such as an LLC it is beneficial if you keep your personal and business finances separate, especially for tax filing purposes.

Even though starting as a sole proprietor may be tempting, you will find that starting, as an LLC can be beneficial to you as your business grows. You will still be taxed the same way as a sole proprietor, so there is no extra headache there. An LLC makes it easy to bring on a partner or employees. If you start out this way transitioning down the line will be easy.

Furthermore, you can treat your LLC like a corporation when it comes time to do taxes. This means you may save money by utilizing the corporate tax rate. Lastly, an LLC provides you with financial protection. Usually, your personal assets are protected from company debts. This means that your losses will be kept within your company as long as you have not attached a personal guarantee to it.

Security

Finding job security with the way the world is now is not very likely. All industries are like this regardless of how talented you may be. You can keep your resume and skills up-to-date yet still not have job security. When you have a side business, it is your “Plan B”. It will take your business some time to start bringing in profits yet when it does, you will have some income to fall back on. The extra cash you have sitting will allow you to take risks that are more professional at your full time job or even turn your side business into your main income earner.

No matter what type of business you decide upon, TurboTax can help you with all of your tax needs. From filing your taxes to providing w2 forms for employees its all taken care of when you use TurboTax.

W-2: It’s on Its Way

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This year, the IRS has announced that the deadline for a company to send out W-2 documents is January 31st. The document always arrives in the January after the income was earned, although you may get it sooner because your total annual compensation can be calculated ahead of this deadline.

Apart from tax that has been withheld, this crucial document also shows your used (and unused) vacation, severance package details, and any bonuses that might be headed your way.

Make it quick

If your W2 hasn’t arrived by Valentine’s Day on February 14th, then contact the IRS at 800-829-1040. Note that you will need to provide your name and phone number, as well as Social Security number and an address for yourself, and the same details about the employer in question, along with your dates of employment.

Provided you have the correct information, receiving your W-2 should be completely painless.

Waiting on Your W-2

The W-2 is a Wage and Tax Statement document that is essential for you to include when filing your tax return.

It outlines how much tax was automatically deducted from your monthly pay, and each annual return needs a W-2 for each employer you’ve worked with before to ensure you get what’s owed to you.

Tax timing

Even though tax season starts on January 19th, the IRS has given all employers until January 31st to mail your W2 to you.

Because the document is sent via traditional post it might take a week or two to reach you, but if it doesn’t, you need to start taking steps to check that it was sent. Employers can be, unfortunately, uncooperative when it comes to sending out these documents.

Make a formal request

Before you jump to any conclusions, reach out to the employer in question and confirm your postal address with them. If they’ve emailed you the W-2, check your junk folder and comb your inbox to make sure you haven’t missed it.

You can also request that the document is resent.

Escalate the problem

If you aren’t getting the answers you need, contact the IRS directly at 800-829-1040.

You will need:

-          Your personal details, as well as your Social Security number

-          Employers details and phone number

-          Employment dates

-          An estimate of the amount withheld.

A missing W-2 shouldn’t stop you from filing your taxes. You can apply for an extension, or fill out Form 4852, which requests similar information. There may be a delay, but at least you can get your refund.

Just remember that when it arrives, you will need to amend all documents with the correct, W-2 information.

File your return online

Filing online is becoming more popular, and with good reason. The IRS says that they received 5% more returns via the web last year, as more people realize it’s easier and quicker than manual filing.

TurboTax makes it even simpler – you don’t need to have any expert knowledge to navigate the filing process. By asking easy questions about your circumstances, like marriage and new children who may have arrived, the process becomes more personalized.

This means that you’re filing your return based on the key information you need to see instead of trying to make your way through a sea of confusing, irrelevant documents. Plus, you can file from the comfort of your own home – there’s no need to stand in line when you can file online!

Update your status

You probably won’t forget major life events like marriage or the birth of a child, but you might not remember every qualifying tax transaction that you made in 2017.

Keep proof of any donations you made to charity, doctor’s bills, or other qualifying payments made in the last fiscal and calendar year to increase your chances of a healthy tax refund.

Advantages and Disadvantages of Point of Sale Thermal Receipt Printing

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The POS (Point of Sale) otherwise commonly referred to as the ‘cash register’ is the lifeline of any business as it basically acts as an ‘inlet’ for profits and thus having a reliable, effective and cost efficient POS is pivotal to the success of businesses big or small.

There are a variety of POS solutions that differ from one another significantly regardless of the fact if they are ‘standalone’ systems or networked due to the interconnected hardware that comes with these systems. Some are attached to conventional dot-matrix printers that adds to the noise of the business premise as the print heads hammer away at toner soaked ribbons that come in all sorts of shapes and sizes while others resort to laser printers, inkjets, bubble-jets and thermal printing.

There is no doubt that each of these ‘systems’ do have their own advantages, but when put to the test, it does seem that the winner of the lot in the POS ‘receipt printing’  arena are the thermal print systems. The reason as to why this printing system has been selected by us as the best solution for POS system is based on 5 essential business factors which include:

Quiet & Rapid Output

Thermal printers are silent but fast as opposed to dot matrix printers that crank away line by line while your customer stares at his purchases trying to blot out the ‘cranking’ of the dot-matrix. Thermal printers on the other hand slide out the receipt quietly in an instant as the print head is positioned in such a way that the ‘heat resistors’ on the print head have the image ready as the thermal paper rolls out.

Cost Effectiveness

Every single cent spent is a cent lost to the business and as such minimising cost must be incorporated into every aspect of the business. In this regard, thermal printing systems hit a home run as thermal paper rolls are incredibly cheap and easily available just about anywhere compared to dot-matrix receipt paper rolls that are not only expensive, but at times difficult to obtain. Plus, there is no ink and these thermal printers use much less power than most other printers.

Low Maintenance

Besides savings on ink, receipt paper rolls and energy, thermal printers are also very easy to maintain as these machines have no more than one or two moving parts and maintenance of these printers can be easily managed by in house employees. Inserting the thermal paper rolls is actually quite easy and takes up a fraction of the time that is required to replenish receipt paper on other types of printers.

Clear Output

Thermal printing technologies have evolved and in recent years are able to deliver high resolution graphics if needed. Business owners do not have to contend with smudges, spots, unreadable prints and other common issues that plague POS systems.

Disruption Free Operations

The worst thing that could happen at a POS unit during a long queue is the printer runs out of ink, the paper gets jammed or the print head ‘double hammers’ digits. These situations add to the inconvenience of the customer and subsequently their satisfaction levels which are bad for business. Thermal paper roll receipt printing systems are not attached to these disruptions due to the simplicity of the system itself.

TWILX – Finding The Best SEO Pricing is A Piece of Cake

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We urge you to not make the mistake that 8/10 businesses make when they look for SEO Pricing in Australia! If you’re like most people, it’s very easy to get confused by the vast SEO Pricing differences that are offered throughout Australia. You may even become surprised by the quantity of SEO Companies that are advertising phrases like; “The Cheapest SEO Prices” or “Best SEO Pricing Services” and we are guessing that you are keen to find out the truth once and for all?

Do you want to get your website see by more visitors by increasing your Google rankings to Page #1? Are you looking for the best SEO Pricing in Australia from an SEO Agency that is 100% Australian owned and that also offers the best SEO Services? If so, you need to make sure that you’re selecting the right company that offers affordable SEO Pricing but doesn’t break your budget. It’s easy to get caught up in looking for the cheapest Australian SEO Pricing for your business but that isn’t the best way to go about things at all.

There are a lot of SEO Agencies offering competitive SEO pricing on the internet together with a ton of competition that are all trying to win new business. You should avoid less credible SEO Agencies that offer the cheapest rates and instead try to find an agency that offers SEO Pricing that meets your budget. It is not wise to just go with ‘the cheapest’. As the saying goes; “You get what you pay for”.

Choose quality over quantity and don’t focus on the cheapest price.

If you’re only searching for the cheapest price than your going about things the entirely wrong way. By using an SEO Agency that has higher prices but at the same time is in-line with your budget, this is called Affordable SEO Pricing. Don’t base your final decision on choosing a company just because they advertise having the cheapest SEO services in the world because we can assure you that they will be likely outsourcing their work to less credible individuals and/or organizations.

What should you do?

Do your own homework by identifying who the most well-known Digital Marketing Firms are in your country/area. Make sure you take the next step to contact them and receive a free quote for the SEO Pricing they offer. By doing this, you will have the knowledge of what the ‘medium/average price’ is of the SEO that you’re needing so you can compare SEO Prices.

What if I make a bad choice with an SEO Agency that outsources their work?

If you made your choice of agency based upon the lowest price, that was a mistake. Like we covered off earlier, your goal is to select an SEO Agency Australia that has the best quality service and is affordable for your budget.

If you did end up making a bad choice you could get a Google Penalty!

Lots of ‘Cheap SEO Agencies’ resort to BlackHat SEO. They just don’t care about your business because, why should they?  They already got your money so they just provide the worst SEO service possible; BlackHat SEO. Google hates this and will not hold back to ‘black mark’ your website and can even ‘de-list’ your website from the index too. Just know that if your website does receive a Google Penalty, then you can expect to lose about 90%+ of the organic traffic to your website.

Recovering back those rankings that you lost is no easy feat either. So don’t make the mistake of choosing your new SEO Agency incorrectly.

Your next steps…

Speak with a consultant that is unbiased and is across every avenue of SEO before you do anything that could jeopardise your business and be sure you to find SEO Pricing that works for you.