Thoughts, Ideas, and Concepts by Sandra Parks

Posts tagged ‘Insurance’

Alliance for Affordable Services

Dear Valued Consumer Here is an exciting offer from the Alliance for Affordable Services.  The following services have been combined into one product and are available for a single person for $25 monthly or $40 for an entire family.  The following list is the top ten reasons or more utilized services, but the program includes over 20 more additional services ranging for discount of rental cars to dental plans to annual college scholarships for your deserving child.

1.        Emergency Roadside Assistance – for you or your family and goes with you not you vehicle.  You can be in anyone’s vehicle.

2.       ID Theft Resolution – Trust me, this can help anyone who has experienced a problem of this type.

3.       Legal Club of America – Available on the family plan, it provides you with immediate access to an attorney for anything you can think of or any legal questions you may have.

4.       Alliance Consumer Club Rewards – This is a program that works in conjunction with other programs.  Example, if you were planning a trip and you used the Alliance to plan the trip.  First, you would receive discounts for hotel, rental car(s) or amusement park tickets, and then they would subtract a portion of your total accumulated Rewards Cash from you trip total, reducing the total amount you were paying.  Savings on top of saving.

5.       Amusement Park Discounts – Can save up to 40% on tickets.

6.       Dent Zone – What can I say about this benefit, you probably know someone now who has a cracked windshield or a dent in their vehicle, after you receive your cards you simple can them and th ey will repair it for free.  That is worth the initial payment!

7.       Hotel Access Card – This card gives you up to 50% discount count on hotel within the US. Catch is you must pay the small fee of $6.95 to get the book of hotels accepting the card and the card comes with the book.  (I have it and its worth the small fee)

8.       Hotel Discount Program – Only 10% off best rate, that’s why I ordered the Hotel Access Card to receive up to 50% off.

9.       Global Emergency Services – Ex. You went to visit someone and were in an accident, it would pay for your spouse to join you. Limited to CONUS.

10. Health Benefits The big thing.  It pays the primary $400 a day for an illness or accident while in the hospital; $20,000 accidental death; $30,000 common carrier; $750 emergency room visit for an broken or dislocated bone;  and $5000 if the primary or spouse ever has a heart attack.  The illness coverage is limited to 10 days, but it pays for 180 for an accident.

a. Ambulance Benefit – $200 reimbursement for ambulance

b. Diagnostic Imaging Services – Average cost of MRI is approximately $1500 and the average insurance deductible is $2000, meaning if you had one that did not result in surgery, you basically will pay the full amount.  This benefit cuts the cost of the imaging up to 70%, meaning if you use the alliance location (the program provides you with a list of locations that accept the alliance) you would only pay $450 instead of $1500.

c. Hospital Advantage Card – Cost additional $15 a month.  This service negotiates your bill for you. If you know you are about to have surgery or as soon as you are admitted to the hospital, you call the service to start the negotiation of services.  They save on average 45% of billed services; this reduces the total bill after hospital confinement, thus saving you money.  If your bill was $20,000 before negotiation and $12,000 after the process.  Which would you rather pay, 20% of $20,000 or 20% of $12,000? $4000 or $2400? Saving of $1600.

If anyone would like to join the Alliance or receive more information of the Alliance for Affordable Services submit an email to me as lashun.fuqua@healthmarketssales.com or call (901) 603-3999. The is NO underwriting; therefore, anyone and everyone qualifies.

Thank you.

Sincerly,

La Shun Fuqua License Insurance Agent

Tennessee, Mississippi and Texas

Income Taxes

There are sometimes when one may not want to file because he/she think they are going to owe the IRS.  This should never be the case.  Rather you owe or not it is your duty and/or obligation to file a return each year that you have income that is over your standard deduction.  (If you don’t understand that statement call me)  If you feel like you will owe the IRS instead of not filing always file an extension by using form 4868.  This will allow you time to sit down with a tax expert like myself and see if you have any expenses that you can possibly use to reduce your taxable income which in the end will allow you to not owe back as much or even possibly get you a refund.

Did you know that the IRS allows you have a hobby?  Do you understand what you can do with your hobby for up to 5 years?   If you have a hobby that is making you income and you are buying things directly for that hobby then that hobby is now a for profit business and you can know use those expenses and income as apart of your return.

Deductions for hobby activities are claimed as itemized deductions on Schedule A (Form 1040). These deductions must be taken in the following order and only to the extent stated in each of three categories:

  • Deductions that a taxpayer may take for personal as well as business activities, such as home mortgage interest and taxes, may be taken in full.
  • Deductions that don’t result in an adjustment to basis, such as advertising, insurance premiums and wages, may be taken next, to the extent gross income for the activity is more than the deductions from the first category.
  • Business deductions that reduce the basis of property, such as depreciation and amortization, are taken last, but only to the extent gross income for the activity is more than the deductions taken in the first two categories.

Lets get educated and understand the tax laws and rules.  Either way please don’t just not file because you think you may owe.  Call me, Sandra Parks with SAP Taxes at 972.569.7938 or email me at saprpm@yahoo.com.  Let me show you how and what you can do with your hobby.

Until the next time be blessed!

Tag Cloud