Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

Wednesday, 26 October 2011

Where To Find Medical Secretary Jobs In Canada - Colleges

The best place to look for Medical Secretary or Medical Office Administration jobs would be the internet. Most employers that you would be working for, be it hospitals or small offices, are computerized and now post all available jobs online.

Some websites to browse for Medical Secretary job listings and to post your resume would be:

workopolis.com
monster.ca
jobbank.ca
jobboom.com

You should Google your job search and check as many websites and job listings as you feel necessary. Be sure to also check your local online classifieds such as kijiji.ca and craigslist.ca for job postings. It is not recommended to post you resume with your personal information on these sites but you could certainly post a listing giving some basic information about the job you are looking for and your skills without using identifying information.

You can often find Medical Office Administration career listings on hospital specific websites such as uhn.ca (Princess Margaret Hospital, Toronto General Hospital and Toronto Western Hospital in Toronto, ON), hhsc.ca (made up of six hospitals including McMaster University Hospital and the Children's Hospital, a renowned Cancer Centre, and an Urgent Care Centre all located in Hamilton, ON), stjosham.on.ca (St. Joseph's Hospital, Hamilton, ON), and niagarahealth.on.ca (comprised of seven acute care sites in the Niagara Region of Ontario including the Greater Niagara General Site in Niagara Falls, ON and the Hotel Dieu Hospital in St. Catharines, ON). There are all sorts of listings on sites specific to your province or state so use the web search tool of your choice to hopefully increase the number of jobs available to you.

Do not overlook the classified ads in your local newspapers as well. There are still a few offices that are seriously old school and are not computerized so they do not advertise online. They will only submit a job listing to their local newspaper. These can provide very good leads that you would not find anywhere else and sometimes they are a little less "crowded" for interviews since they are not advertised online and not all applicants take the time or opportunity to further broaden their career options.

Many jobs may be listed as part-time or as a one-year contract or temporary full-time. These are often positions that are available because that office's receptionist is off for a maternity leave. Jobs like this are great for building up your experience that will land you those jobs in the hospitals that will potentially pay you more and have better benefits.

Remember to apply for jobs at local retirement homes and long-term care facilities. With your Medical Secretary training you would also be able to apply for jobs with your local government healthcare office, alternative health offices such as chiropractic or massage or physiotherapy clinics, and insurance companies to name a few examples for you. You have quite a few options available to you if you are looking for something other than a hospital or doctor's office specifically. Although some of these options do not utilize all the skills that you acquired during your Medical Office Administration training, they can certainly be fulfilling careers or just the thing you need to gain some experience to get that next level position in your new career.

If you are ever having difficulties finding employment you could always offer your services on a volunteer basis mostly to gain experience. This also looks appealing to an employer since it shows you are dedicated, ambitious and diligent.

Tuesday, 25 October 2011

How To Report Income Tax With An LLC

Your business structure is set, so you think it's time to open for business. Not yet. There's one more issue to resolve before you're ready to open your doors - self-employment taxes and your limited liability company, or LLC.

There is conflicting guidance from the IRS when it comes to reporting income tax of an LLC, so special attention is needed when you consider your course of action.

First, let's look at the two types of LLC. There is the member-managed LLC, where every member has the authority to act on behalf of the business. In this structure, the members agree on how and when they will vote on certain LLC matters. They also agree that an individual member will not act on behalf of the LLC until the proper votes are obtained. The other type of LLC is manager-managed. This type of LLC includes "passive" members. Passive members, often investors in the LLC, do not actively manage or otherwise operate the business of the LLC. Because the members do not automatically have the authority to manage and operate the business of this type of LLC, they elect managers to carry out these responsibilities.

Initially, most certified public accountants, or CPAs, took the position that if an LLC is member-managed then it would be treated like a general partnership, and every member would pay self-employment tax. Conversely, manager-managed LLCs are treated like a limited partner. Thus, the manager pays self-employment tax, and the member does not.

But what if the member also happens to be a manager? At this point, the rules start to get blurry. The manager payment is clearly "guaranteed payment" and reported separately on the Form K-1, making it subject to self-employment tax. But there isn't clear guidance on how to treat the income that flows to the member. Is it subject to self-employment tax or not? Good question.

In one case, the Tax Court agreed with the IRS's position that a member's income in a manager-managed LLC should be considered passive. Or rather, in this case, the member's loss was considered passive and thus not able to be used to offset other income.

Yet, the IRS has proposed some regulations that indicate regardless the type of LLC - member-managed or manager-managed - if the member spends more than 500 hours per year in the business, then the income earned is active. And that means self-employment tax.

As you can see, there are not clear steps to follow when it comes to the LLC and self-employment tax. This is something you need to strategize with your CPA before you're ready to open your doors for business.

Inflation and the Economic Crisis

Hopefully, you're not in the category of non believers thinking the government will save you. Doing your best pretending the day of reckoning is never going to come upon your doorstep, regardless of all the evidence you might have heard or read about. Regardless what level of defiance you carry around with you history will always be on the side of the truth. There is no prejudice here that will enter the equation regardless of what you think you would be entitled to. If I am sounding a little pessimistic, then I am making my point. There is nothing that will keep this economic crisis from coming and there is too much hard evidence and monetary history surrounding this to look the other way.

Some facts which are not open for any analyzing or debate.

• Fiat Currency - this is currency that is backed by the good faith of the government that issues it. It has no real or tangible value. It is printed "out of thin air"

• All national currencies are fiat currency.

• A universal example of a non-fiat currency. Gold and Silver are real money. Governments are incapable of creating this kind of money out of thin air. Gold and silver cannot be granted a "value" and then suddenly have that value removed or reduced by any action government or otherwise.

• The last "Real Money "in the United States was from 1944 -1971. When the US. Dollar was backed by 10% gold. In 1971 President Nixon signed an Executive Order that suspended the Bretton Woods Agreement that took the US. Dollar off the gold standard up to this day.

• Fiat currencies have a 100% failure rate throughout history. 11th century China was the first country to use and issue fiat currency.

All national currencies including the dollar, yen, euro, and pound are all fiat currencies. And remember, this subject cannot be analyzed or debated upon: Every single fiat currency that has ever been created throughout history wound up eventually being mismanaged and destroyed by world governments that created and controlled it.

Why it is that fiat currency has a 100% failure rate?

All through history world governments have been unable to maintain their currencies. There have always been two sides to any government constantly driving an escalating and tumbling dynamic. With this you have those who don't want taxes or new taxes and on the other side you have those who want the government to give you everything for free.

In theory a sensible government might actually tell the truth to their citizens. Letting them understand that taxes are the price of evolution and progress and we are not in any business of handing out free meals. However the reality of governments is fat cat politicians enjoy living the high life on tax payer money. So no way would they turn sensible.

So consequently for the elected government politicians only one choice really exists. Lie to everyone, promise the moon and borrow into tomorrow so your kids and grand kids get stuck with all the bills. Believe it or not after enough time has passed people actually start to believe this is normal and nothing out of the ordinary is really wrong because they see businesses growing, taxes level off or drop and government hand-outs given to all.

The big problem with the economic crisis is governments having to borrow their way into financing their massive spending habits while not allowing taxes to increase enough to pay for new programs creates deficits. It is easy when you "Own" the printing presses, by flipping the "ON" switch you can generate all the "Money" that would ever be needed to satisfy any and all debts and obligations. The Federal Reserve purchases US debt from the US Treasury in the form of bonds, then they lend out the money to the markets with a simple push of a button from a computer. Then Bam that money is now in the money supply.

We have two groups, those opposing taxes along with those in favor of spending getting what they want year after year while little ever gets noticed, at least not right away. But there is a small reduction in value of the currency which was caused by the rising supply demand. All things being what they are all governments will in time choose the second course which with very few exceptions creates a continuing loss of confidence in every national currency. This is called inflation.

Inflation can be like a drug over time the space in between tax and revenue grows just as dependency on that drug grows over time using it. While spending, borrowing and generating more currency demands grow interest rates begin to increase.

This causes inflation to speed up eventually causing the process of currency debasement or the annihilation of people's savings. The currency is then abandoned by all, who at the same time are trying to spend it or convert it into more secure forms of money as quick as then can. This situation causes the value of the currency to plummet while driving up costs for even the most basic items such as milk, eggs, bread and sugar to skyrocket. As this happens the savings of an entire generation can be destroyed. Thus the fate of all fiat currencies.

Here at this point is where you stand now. Each year, each decade you have noticed the purchasing power of your currency keep buying you less and less. The reality for people in the United States is they have been living in a hyperinflation society ever since President Nixon took the dollar of the gold standard in 1971 killing our money and changing it into fiat currency. Since the dollar was taken off the gold standard the dollar has actually lost 80% of its purchasing power. Remember the dollar is not money it has no value, the only thing the dollar has is a pre determined fate.

What has value is gold and silver. Which have been used since man left the cave. Throughout history gold and silver have always been a storage of true value. One 1 ounce gold coin back in the Roman Empire would have been able to buy food for a small family for about 2 months. That same one ounce gold coin today can still by a small family food for about 2 months. During these insane economic times buying physical gold and silver are your best chance to ride out the economic crisis and come out on top. "Cash is Trash" a quote from Robert Kiyosaki. Don't save it as it has no value, owning hard assets is the key.