FIRE and Small Business
Tidbits for those with FIRE on the horizon: Tax tips, investment strategies, intentional living, side hustle, business and life advice
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Early Retirees: How to Qualify for Premium Tax Credits
Why Worry About Premium Tax Credits? For those who have FIRED and are less than 65 years old, affordable health insurance is a major concern, and for people considering early retirement, affordable health insurance is the number one obstacle between them and retirement. Many early retirees are surprised to learn that they can qualify for premium tax credits (PTCs) which make The Affordable Care Act (ACA) plans a good health insurance choice. These PTCs can be as much as $1000 a month and for many retirees can nearly or totally eliminate monthly health insurance premium payments.
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Clean Up The Oceans, One Umbrella at a Time
It’s no secret that the world’s oceans are full of plastic and marine life is being killed at an alarming rate. But what can we do about it? Recycling helps but is not a complete solution. Most plastic never gets recycled and ends up in landfills or our oceans. What can we do to help clean up the oceans? Supporting small businesses that are actively creating products from ocean-bound plastic is one measure we can take or perhaps starting our own business to help clean up the oceans.
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Podcasts for The FIRED (or Retired)
As I cross over into the “RE” (retire early) side of FIRE (Financial Independence Retire Early), I’m finding my podcast listening habits are changing. Investing shows such as “Afford Anything” and “Bigger Pockets Money” no longer interest me, after all, you can only cloak discussions on “Should I invest in a traditional or Roth IRA”, “What are ways to Generate Passive income”, “Do I Have Enough to Retire” in so many ways, and then it gets old. Very old. I find myself very disinterested in ways of earning money and would rather listen to podcasts on living life to its fullest. What are the podcasts for the FIRED?
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New Beneficial Ownership Report Required by LLCs
A blog reader had the following question, and I thought the question and answer merited a dedicated post since this new reporting requirement applies to all LLCs, new and old. "As an LLC owner, I would like to know more about the beneficial ownership report required by LLCs. "
