Along with the hot wheels, cool trim, leather interior and killer sound system, your sports car came with another line item add-on that wasn’t part of the MSRP: sports car automobile insurance. Insuring your shiny fast ride can add thousands of dollars to cost of ownership over the life of the car…unless you’re a savvy shopper. Here’s what you need to know to help you find cheap sports car insurance (or at least reasonably priced). For starters, different insurance companies have different definitions of what is and isn’t a sports car. This is typically based on a VIN (vehicle identification number) system published by the Insurance Services Office or the company’s own ranking system. Either syst
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The Internal Revenue Service said it will allow businesses that improperly labeled their employees as independent contractors a chance to reclassify those workers.
The Wall Street Journal said the IRS will allow employers to pay for past payroll taxes, but no fines.
But federal officials said they look more closely at company classification efforts to root out those employees listed as independent contractors, according to the report.
Determining the appropriate classification involves a variety of factors, including how much control the employer exercises in the workers efforts.
Employers sometimes attempt to misclassify employees as independent contractors to save on payroll taxes.
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The fourth Celent Peer Networking Event was held last Friday at the headquarters of Allied Insurance, a division of Nationwide, in Des Moines, Iowa. Thirty people from eleven different insurers contributed their experience with evolving cloud computing and legacy modernization strategies.
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Mortality is certainly not the most pleasant thing to think about, but it is important for consumers to consider this question: how would your family survive if you died? It is essential to have a plan in place in the unexpected event of your death so that you can be assured of their financial well-being.
Life insurance is a crucial part of any such plan. Purchasing a life insurance policy is the single most affordable way to make sure your family is taken care of after you are gone.
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Each year, the average U.S. physician spends $83,000 to manage their communications with health insurance companies and other payers. According to an analysis by the University of Toronto, that is nearly four times the cost incurred by Canadian physicians. Under the Canadian single-payer health insurance system, physicians spend an average of $22,000 for these administrative costs.
“The major difference between the United States and Ontario is that non-physician staff members in the United States spend large amounts of time obtaining prior authorizations and on billing,” said Professor Dante Morra, one of the report authors, in a statement.
In the U.S., physicians must work with a number of different health insurance companies and health plans, each with its own coverage criteria and requirements.
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