Savings Calculator

1. New technologies such as cold cathode, fluorescent hibays, and compact fluorescents consume less than 50% of the electricity, while producing equal or more footcandles than their predecessors.

Throughout the world, people are spending over $550 billion on pharmaceuticals. In the United States, we are spending over $250 billion on medication. Despite having a fraction of the world’s population, the US is purchasing nearly half of all prescription and non-prescription drugs.

One way to maximize your business profits is by reducing your taxes. Frequently, income and other taxes could be lowered significantly if only the taxpayer were willing to plan ahead. By taking some simple steps to rearrange your affairs, you could save a fortune!

1. Are You Splitting Your Business Income?

You may pay reasonable salaries to spouse or children through your incorporated or unincorporated business. If you are not doing so, you may be missing out on some real tax savings.

Concerned about the high cost of healthcare? Worried that your insurance doesn’t cover all your costs? Fortunately, a partial solution may be just around the corner. Since January 2004, taxpayers have had a tax savings tool called Health Savings Accounts, or HSAs. These HSAs may solve many of your healthcare cost problems.

W-2 Employees have tax options. Although they often feel left out of the tax-loop, those who work for W-2 payroll have a wide variety of options for saving money at tax time. The secret to getting the best tax benefits lies in knowing what your options are and using all the options available to you.

Once you’ve found the right checking account, you’ll want to start looking for the right savings account. You only want to keep the minimum balance plus any money you need for bills in your checking account. There are two main factors to consider when choosing a savings account: