Brought to you by:
Jeffrey N. Schweitzer, EPA, CEP, ATP
Northeast Financial Strategies Inc
667 South Street
Wrentham, MA 02093
800-560-4637
jeff@nfsnet.com
http://www.nfsnet.com


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About Our Firm:
Offering Financial & Estate Planning, Investments, Insurance, Accounting, Payroll, and Income Tax Preparation for Individuals & Small Business. "Financial Strategies That Fit YOUR Needs!"
QUOTES from the Masters...
On Happiness On Goals
"Happiness can be defined, in part at least, as the fruit of the desire and ability to sacrifice what we want now for what we want eventually." -- Stephen Covey

"Happiness grows at our own firesides, and is not to be picked in strangers' gardens." -- Douglas Jerrold

"Most of your happiness, and your unhappiness, comes with hair on top, and talks back." -- Brian Tracy

"Success equals goals; all else is commentary." -– Brian Tracy

"The major reason for setting a goal is for what it makes of you to accomplish it. What it makes of you will always be the far greater value than what you get." -– Jim Rohn

"The more goals you set – the more goals you get." -– Mark Victor Hansen

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  Business Briefs
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How will business operating expenses continue to be paid during your recovery from a disability?
Here's how business overhead expense protection could work for you and your business TODAY...
  • The business owner is insured by a business overhead expense policy, which is owned by either the business or the business owner.  Generally, a sole proprietor owns the policy personally, while in the case of partnerships and corporations, the policy is owned by the business.  The tax-deductible premiums are then paid by the policy owner.  In the event the business owner is disabled, as defined in the policy, benefits are payable to the policy owner.
Here's how business overhead expense protection could work IF THE OWNER IS DISABLED...
  • If the owner is disabled, the taxable business overhead expense benefits are paid to the policy owner.  Benefits are generally payable for up to two years of disability, which gives the business owner time to either recover and return to work, or to arrange for an orderly sale or liquidation of the business.
  • Since business overhead expense protection premiums are tax deductible, the policy owner must report the business overhead expense benefits as income.  However, due to the extent that deductible business expenses actually paid equal or exceed policy benefits, there will be no additional income tax payable. 


MESSAGES from the Masters...
THE FIVE ABSOLUTELY UNBREAKABLE LAWS OF LIFE by Brian Tracy

1.  The Law of Cause and Effect: Everything happens for a reason; for every effect there is a specific cause.

2.  The Law of Belief: Whatever you truly believe, with feeling, becomes your reality.

3.  The Law of Expectations: Whatever you expect, with confidence, becomes your own self-fulfilling prophecy.

4.  The Law of Attraction: You are a living magnet and you invariably attract into your life the people, situations and circumstances that are in harmony with your dominant thoughts.

5.  The Law of Correspondence: Your outer world tends to be a reflection of your inner world and corresponds with your dominant patterns of thinking.
 

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The purpose of this newsletter is to provide information of general interest to our clients, potential clients and other professionals.  The information provided is general in nature and should not be considered complete information on any product or concept described.  For more complete information, please contact my office at the phone number above. 

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