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By Chris Anderson, PhD

Any good businessman will tell you that success often rests with the bottom line. That is why understanding Go Zone benefits for businesses, and the exact dollar amounts they entail, is so imperative for businesses trying to rebuild in qualified hurricane-afflicted areas. While it is important to talk with a tax and/or financial advisor to fully understand eligibility requirements, the following figures should offer business owners a basic outline of what they may or may not be eligible for.

Businesses should also make sure that their business is in a designated Go Zone. In addition, please keep in mind that the cutoff and startup dates for many incentives and benefits differ from one area to another. For example, Rita Go Zone businesses may have different cutoff and startup dates from Katrina and Wilma Go Zone businesses. So, why the bottom line is important, understanding respective cutoff dates can ensure that businesses receive their Go Zone benefits.

Increased Business Expensing allows small businesses to deduct up to $200,000 of qualifying property used in a Go Zone. In addition, the investment phase out level is now $1 millionup from $400,000. This makes it more possible for smaller businesses hit by the devastating hurricanes to recoup some of the money they are expending.

Bonus Depreciation allows businesses of all size to deduct up to 50% of a propertys cost in the first year, in addition to the normal depreciation deductions that a business may be eligible for.

Net Operating Loss Carry back extension for Go Zone businesses, applicable only to the repair of existing businesses and the building of new investments, have no set dollar limit. However, keep in mind that NOL occurs when a businesss allowable deductions are higher than its gross income.

Cost for cleanup incurred by businesses can be deducted from taxes. Once again there is no specific dollar amount set on the amount that can be deducted in the cleanup or demolition of damaged properties. However, businesses cannot claim more than 50% of their incurred costs

Businesses that were operating before the Go Zone legislation was enacted can claim up to 40% of wages paid to employees through the employee assistance credit. However, there is a limit to this benefit, as employers are capped at $6,000 per employee.

In addition, employers that helped employees with lodging can, under this credit, claim up to $180 (or 40%, whichever is less) per month.

While it is good to know what types of incentives and tax breaks businesses may be eligible under Go Zone legislation, having a specific idea as to what dollar amounts they may entail can help them determine whether or not to even attempt to cash in on these benefits. In addition, businesses who may be turned off from rebuilding or relocating in hurricane ravaged areas can have a better starting point when it comes to determining financial feasibility of such an endeavor.

With the Gulf Coast Opportunity Zone legislation of 2005, the US government allocated millions of dollars in the rebuilding effort. They, like smart business owners, know that success often rests in the bottom line.

Want to learn more? Visit

GoZoneOnline.com

.

About the Author: Dr. Chris Anderson is the founder of one of the largest real estate investing groups on the internet today and is referenced in many venues including the NY Times and USA Today. Get access to

wholesale property

investments at http://www.gozoneonline.com

Source:

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By William F. Gabriel

Nowadays, practically everything is done online. It is no wonder, then, that even stock market investments have also shifted to this mode of operation. However, as much as people would like to start investing in the stock market and learn how to trade stocks online, they also have reservations about it simply because this is unfamiliar territory and, therefore, could cause many problems to the uninitiated. Although it is viewed as somewhat complicated and difficult, it actually is more convenient for the investor. In fact, its advantages far outweigh its disadvantages so there is no reason why you should not explore this option. Heres a quick guide to online stock market investment.

Why is it popular?

The main reason why online trading has gained popularity in recent years is because it is highly convenient and easy to manage. Regardless of the level of your trading skillswhether you are just beginning to learn how to trade stocks online or a seasoned expert, there is room for you to explore and utilize this trading platform. In addition, anyone who has a decent Internet connection and some knowledge of trading can try this out with minimal risk, depending on certain tools that you want to use. Finally, its popularity is also based on the popularity of stock market investment itself. With the economic recession, many people are simply finding ways to expand their financial portfolio and strengthen their financial security through investment.

Is it for everyone?

As was mentioned earlier, online trading is an ideal solution for those who belong to both ends of the trading spectrumfrom novices who are just starting to learn how to trade stocks online to experts who already have years of experience under their beltthe online trading platform can satisfy any demand at any trading level. As you learn how to trade stocks online more effectively, you can broaden your options and strategies. In addition, a recent report has stated that online trading has become the preferred method of traders with pension fundsbe it the large institutions or individual traders themselves. This just goes to show that just about anyone can engage in online trading.

What you need to get started

The first thing you will need is to open an online trading account, which is like a checking account from which you can withdraw and deposit funds to finance your trading activities. Along with this trading account, you will be given access to information, such as market trends, daily stock picks, reports, and the like, all of which will allow you to plan and strategize your next move. Before you open an account, though, you have to consider many factors, such as, the amount of money you plan to invest, the level of your trading skills, and the frequency at which you would like to trade actively. These can help you choose the right options when it comes to the account that you will open.

The pros and cons

Finally, online trading also has its pros and cons. Although it is convenient and easy to access, this could also pose security problems and expose you to identity theft and fraud. In any case, it is still up to the individual trader to decide if he or she would like to shift to this type of trading mode.

About the Author: For more information about

how to trade stocks online

, please check out

daily stock picks

.

Source:

isnare.com

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