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Who Gets Coverage in Worker’s Compensation?

Who Gets Coverage in Worker’s Compensation?

Finance
Worker’s compensation can be extremely helpful to cover expenses for any work-related injuries. The benefits provided by this compensation can help you if your injury is preventing you from working and earning your wages. In order to benefit from the worker’s compensation, you should abandon the right to sue your employer. For additional information on who benefits from this coverage, the experts at Riddle and Brantley specialize in helping you understand this often-tricky subject. Coverage of Worker’s Compensation By law, any business is required to carry coverage once it has three regularly employed employees in addition to any partners, sole proprietors, LLC members, bearer of a trust or an estate executor. The worker’s compensation provides the following coverage: Medical Expe...
3 Secrets to Saving Money Despite Being on a Tight Budget

3 Secrets to Saving Money Despite Being on a Tight Budget

Finance
It is always good to have a bit of money behind you so that you can deal with unexpected financial emergencies and save for future projects and plans. The challenge is trying to find the spare cash to put away when your household budget is tight. The good news is that there are some simple but effective strategies available to help you put money away once you have made the decision to open a savings account. It also pays to search out the best digital savings account so that you can get transfer money online and get a competitive interest rate in order to see your cash grow in value. With that sorted, here are some tips on how to save money on a tight budget. Know where your money is going One aspect that is crucial to your success in making the most of your money is the ...
Understanding accident sickness and unemployment insurance

Understanding accident sickness and unemployment insurance

Finance
Many people take out a wide range of insurances including life cover and an array of medial and healthcare insurances. However, with the economy in its current state, now may be the time to consider additional levels of insurance, such as accident sickness and unemployment insurance. Why Take Out Accident Sickness and Unemployment Insurance? Accident sickness and unemployment insurance are designed to protect one from a fall in income, should one be subject to one of the three conditions which would prevent an individual from attending one’s normal occupation. Whilst in many countries, such as the UK the state will provide a comprehensive package of benefits if such unfortunate events arise. There is still the consideration that such benefits will not allow an individual to li...
Flat Tax vs FairTax

Flat Tax vs FairTax

Finance
The Flat Tax and FairTax are thought of by many civic-minded people. The Flat Tax will tax all income above $25,000 for singles and $30,000 for families of four or more at a rate of 15%. This rate would also apply to corporations. The FairTax has a flat rate as well, but it does not apply to income. The FairTax proposes to levy a 23% inclusive tax on all goods and services, meaning that a cart of groceries today costing $77 before tax will cost $100 with the FairTax. Corporations would pay the same taxes as everyone else, just as the rich would. With both of these tax plans appearing to have so many similarities, it is important to note some differences. The Flat Tax Taxes Income While the FairTax Taxes Consumption To clarify the biggest difference between these two plans, it...
How to develop business strategies for success

How to develop business strategies for success

Finance
Business strategy development starts with a look at the existing situation of the business by answering questions like: Do the businesses in the existing portfolio constitute a good fit? Does the company have any competitive strengths? What approach is best for exploiting opportunities in tomorrow's world? Strategy Development for Big Businesses Big businesses formulate strategies at different levels. Corporate Strategy: The CEO and top management work at developing: A Vision Statement outlining the likely scenario in tomorrow's world A Mission Statement setting down the role the business wants to play in that world A statement of objectives translating that role into specific goals in terms of business portfolios and business results A strategy report specifying th...