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1.) EDITORIAL
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A "Warm" Welcome to All our New Subscribers.
 

We had some nice responses from some of our subscribers
about our new e-zine format.  It was great hearing from you all.
For those of you who have not commented on our new format,
please drop me an email, because I would love to hear from you.
Your suggestions, concerns, and ideas are always welcome.
YOU are what keeps this e-zine active, and your feedback
is valuable, so please do not hesitate to contact me:

 

editor@online-exchange.com

 

I will not go on with my rambles today, because we have some
great stuff in this issue that I am sure will be of interest to you.

 

Have a GREAT Weekend!

Please forward this e-zine to all your friends and co-workers who might be interested!

Until Next time,
 
Debbie Solomon
editor of The OnLine Exchange Ezine

 

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2.) HEADLINE ARTICLE
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What You Need To Know About Incorporating Your Business
by Diane Hughes © 2003
http://www.probiztips.com

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Most US-based small businesses are getting eaten alive in taxes!
That statement has proven itself true over and over again.
However, while small business owners want to save money, many are
literally afraid of incorporating their companies.  The
paperwork, the additional reports, having a set payroll amount
each month, and other visions swirl around their heads.  Those
visions could be costing you a ton!

 

Let me take a few minutes to explain what you need to know about
incorporating your business.  While it certainly isn't a move
every business will want to make, there are definitely some large
benefits associated with incorporation.

 

Myth - Incorporating means I can't take money whenever I want it.

 

Truth - Yes you can!  This is a myth that holds a lot of small
business owners back from incorporating.  If you set a payroll
amount for yourself, then decide you want/need more money, you
simply write yourself another check and call it an "owner
distribution" or a "draw."

 

Myth - There's too much paperwork involved once you incorporate.
I don't have the time.

 

Truth - There are some additional forms you have to complete.
There are some additional taxes you have to pay.  HOWEVER. read
this carefully. for the three or four extra forms and the cost of
the additional taxes, most businesses will still save when
compared to counting every dollar you make toward personal
income.

 

Myth - The only good reason to incorporate is for personal
protection.  The difference in taxes isn't that much.

 

Truth - While incorporating your business will help protect you
from lawsuits and from having your personal property seized,
there are more benefits than that.  The tax savings can be quite
significant.

 

Myth - With the attorney's fees, the CPA's fees, the additional
income tax returns, and the forms I have to file quarterly, it's
just not worth it.  I won't really save any money.

 

Truth - Every case is different; however, most small businesses
will more than make up the $1500 - $2000 it costs to incorporate
within the first six months to one year.  Also, most small
businesses will save about 50% on taxes after they incorporate.
(A qualified CPA will be able to look at your books and give you
a more accurate figure.)

 

Myth - I'll have to hold meetings and keep lots of records that I
don't have time to keep.

 

Truth - Not if you register as a "closed" S-Corporation.  This
means you have waved the requirement to hold all those meetings
and keep all those records.

 

How Do You Get Specific Details?

 

Contact a qualified CPA in your local area.  He or she can give
you detailed information on how much it will cost to set
everything up, and - most importantly - how much you will save in
taxes.

 

Incorporation is not something to be afraid of.  In fact, if
you're one of the many who will save 50% off your taxes in the
next year, it's something to go after with a vengeance!

 

Diane Hughes is an accomplished Internet entrepreneur and editor
of the popular ProBizTips Newsletter. Subscribe to her newsletter
for more tips, tricks, and secrets of the trade -- plus get
HUNDREDS of eBooks, software, and tools just for subscribing!
http://www.ProBizTips.com

 

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4.) PARENTS TIME-OUT
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Time Out for Parents

Welcome Parents. It is time for a little Time-Out. Running an online business or working outside of the home takes much time and effort away from your family.
This weekly feature is committed to helping parents take back that quality time and devote it more fully to spending it with their children.

Check out this week's features:

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Time Out for the Week - Ice Cream Cone Cup Cakes
What's for Dinner? - Baked Ziti Casserole Light
Just for You - Working from Home and Staying Sane
Site of the Week - Expanding Your World
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Follow the link below to see what it is all about!  You owe it to yourself and your children!

http://www.parentstime-out.com

This page is designed to be simple and easy to follow.  Our goal is to keep it short and simple each week, allowing you to maximize your family time.

You can find all of our Time Out editions archived at http://www.parentstime-out.com/archives.htm

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5.) HOT BIZ*TIP
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Triple Trouble

 

The top three things that will get you in trouble on your
computer are:

 

1. Failing to install anti-virus, keep its signatures up to date,
and apply it to all files. A friend of mine was having
problems with his computer, so I loaned him my anti-virus CD.
He found 12 viruses, but even though it ran a bit better, it
wasn't up to par. He couldn't download the latest virus
definitions because he hadn't purchased the program. He
immediately joined, downloaded the latest definitions and
found another 14. His system is now running properly.

 

2. Opening unsolicited e-mail attachments without verifying their
source and checking their content first, or executing games or
screen savers or other programs from untrusted sources. How
many times do you have to hear this before you believe it.
You can open text files or images, but I recommend you open
nothing else.

 

3. Failing to install security patches-especially for Microsoft
Office, Microsoft Internet Explorer, and Netscape. This should
be done on a regular basis - go to :
http://windowsupdate.microsoft.com/default.htm and click on
"Product Updates".

 

                 

 

Did you know that subscribers to Bob Osgoodby's Free Ezine the
"Tip of the Day" get a Free Ad for their Business at his Web
Site? Great Business and Computer Tips - Monday thru Friday.
Instructions on how to place your ad are in the Newsletter.
Subscribe at: http://adv-marketing.com/business/subscribe2.htm

 

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 E-ZINE BUSINESS DIRECTORY & RESOURCES

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EZINE BUSINESS DIRECTORY
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The OnLine Exchange is brought to you by MarketingTrendz.  Please visit our directory of resources for helpful information for your online business.  

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ONLINE EXCHANGE INFORMATION DATA
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PRIVACY POLICY-

ONLY subscribers who have personally and voluntarily subscribed to this Ezine will Receive it. We are 100% Opt-In. We will NEVER provide our subscriber list to ANYONE. We respect the privacy of our readers.

______________________


CONTACT INFORMATION-

Editor: Debbie Solomon
Publisher: Sara Hardy
http://www.marketingtrendz.com
MarketingTrendz
1640 West Sandpiper Circle
Pembroke Pines, FL 33026
sales@marketingtrendz.com

_______________________


DISCLAIMER-

THIS DOCUMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY.
The information contained in this document represents the current view of MarketingTrendz on the issues discussed as of the date of publication. Because MarketingTrendz must respond to change in market conditions, it should not be interpreted to be a commitment on the part of MarketingTrendz and MarketingTrendz cannot guarantee the accuracy of any information presented after the date of publication. Information provided in this document is provided "AS IS" without warranty of any kind, either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose and freedom from infringement. The user assumes the entire risk as to the accuracy and the use of this document.

All opinions and viewpoints in each editorial of The OnLine Exchange Ezine is expressed solely by the editor and writer, Debbie Solomon. The opinions set forth by the editor is not necessarily an interpretation of viewpoints made by the company.

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