Do you meet the entrepreneurial quotient?
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Finance Notes
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Having Happy Employees
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Expanding Your Business
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Other Types of Employment
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Organic Farming
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The P/E Ratio
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Presentations
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Title: SBA and Health Care
Author: unknown
Reference: http://sba.gov/healthcare/ April 20 2006
Presenter: Christopher Kent
Although there is much controversy over whether health care is moving in the right direction, or moving anywhere at all, getting the facts street about one type of national insurance is what this article is about.  Health Savings Accounts, or are a reform act brought into congress and passed by George W. bush in December of 2003.  They offer small business owners and their employees' new options in health care. 
Health Savings Accounts can save small business owners up to 40 percent in health care costs. Some small business owners, who previously couldn’t offer health care to their employees, can do so now through Health Savings Accounts. Small business owners switching to Health Savings Accounts from other, traditional health care coverage plans can save money to buy new equipment and grow their businesses.
Essentially, a Health Savings Account is a big savings fund that can be used to pay for medical expenses incurred by individuals, their spouses or their dependents.   Individuals, their employers, or both can contribute funds each year to HSAs. Contributions are tax free. Interest and investment earnings are tax free. Withdrawals for qualified medical expenses are tax free.  These three tax free money options can be used if you have a metical emergency.





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