IRS Payroll Tax Audits Create Havoc on an Employer

Payroll Tax Audits are conducted on businesses that have or had employees and either failed to file and pay the payroll taxes on Form 941 Employer's Quarterly Federal Tax Returns, misclassified workers as independent contractors when in fact they are employees or there is a mismatch between the W-3 Transmittal of Wage and Tax Statement, W-2 Wage & Income Statement and the Form 941 Employer's Quarterly Federal Tax Returns.

When a payroll tax audit is selected to be audited, the case is assigned to the Employment Tax Examination Program and then it is assigned to one of the employment tax auditors.

An employment tax auditor will seek bank statements, payroll bank statements, copies of Form 941 Employer's Quarterly Federal Tax Returns for a specific period, DE-9 Quarterly Contribution Return and Report of Wages and any other form or document that they believe will assist them in determining if all the employee's wages/salaries were accounted for on the tax returns filed.

For people who were incorrectly paid as independent contractors, laborers who in fact should have been reported as employees. Then, that is when the misclassification of employee audits steps into the investigation.

Internal Revenue Service and the State tax agencies have identifying factors for determining when a person should be an employee or independent contractor. File a Form SS-8 Determination of Workers Status for Purposes of Federal Employment Taxes and Income Tax withholdings if you as an employer are not sure as to how to treat a worker.

Common Law Rules

Facts that provide evidence of the degree of control and independence fall into three categories:

1. Behavioral: Does the company control or have the right to control what the worker does and how the worker does his or her job?

2. Financial: Are the business aspects of the worker's job controlled by the payer? (these include things like how worker is paid, whether expenses are reimbursed, who provides tools/supplies, etc.)

3. Type of Relationship: Are there written contracts or employee type benefits (i.e. pension plan, insurance, vacation pay, etc.)? Will the relationship continue and is the work performed a key aspect of the business?

Mismatch between the Form 941 Employer's Quarterly Federal Tax Returns, the W-2 Wage & Income Statement and W-3 Transmittal of Wage & Tax Statement can result in a computer audit.

Computer payroll audits are easily calculated from the tax return and statements filed by the employer. Letters, Notices, and results are issued to the employer. The audit result is usually recorded as due on the last quarter of the year in which the alleged mismatch was identified.

An employer is provided with a deadline to respond to the changes. Furthermore, you may have appeal rights. Always read all the notices, letters you receive. Many people do not open government issued letters and then they lament on the consequences for not complying with response time frames.

A payroll tax audit can lead to large tax bills that create financial havoc on employers. Large expenses that are paid to Accountants, Tax Debt Resolution Experts and Tax Attorneys to represent a company who has misclassified workers and now owe payroll taxes for the unreported wages/salaries paid to workers who should have been reported as employees in the first place.

A payroll tax debt can result in recording of tax liens, levies (garnishments) issued to accounts receivable, notes receivable, and bank accounts. Furthermore, if negotiations are not successful the tax agency will seize and sell your business to secure payment of the taxes overdue.

Do not attempt tax debt negotiations without seeking professional assistance. The IRS Collection Officers are required to follow certain regulations, tax processes and procedures prior to implementing their collection efforts. If you do not know what resolution option you can request and what the requirements are for resolution. Then, your company may be subject to financial havoc and potential closure.

Do not forget or shred notices and letters mailed to you by tax agencies or employees of these tax agencies. There are so many appeal rights, time frames that require a response by certain dates. If these time frames and dates are not complied with. Then, the IRS Auditor or Collector will have no option but to move forward with the next action that is required according to your case.

Liens filed against your company will affect your ability to borrow and will encumber any and all property that your company owns and possibly you as the owner, officer, member and or director of the entity that owes payroll taxes.

Yes, there is a potential individual liability for non payment of payroll taxes. Read Internal Revenue Code 6672. Basically, the IRS is required to calculate the amount of tax withholding, social security and Medicare taxes due. Then, letters are mailed or provided to the potential responsible people or entities who failed to report correctly and pay the taxes accordingly.

These letters provide for 60 day time frame to request an appeal prior to the tax agency being able to create a tax bill against the individuals or entities that failed to abide by the payroll tax rules and regulations.

Read more »

Why Sage Hosting Is A Real Big Thing For Tech-Savvy Accountants and CPAs

The modern accounting world is the proof that technology accelerates every industry it touches. Whether it be data or relationship with clients, advanced accounting software is efficient enough to handle it all. Before the emergence of cloud technology, CPAs and accountants were handling their complex financial data on spreadsheets. But, it is hard for them to claim better results with spreadsheets, and that's when the need for a reliable cloud-based accounting software come to the fore.

Sage 50 Cloud is a familiar name among tech-savvy accountants and CPAs, who prefer technology to get expected results. From small businesses to huge enterprises, entrepreneurs to individual professionals, the hosted solution has worked exceedingly well for everyone. The major reason behind the popularity of Sage hosting solutions is flexibility, which allows firms to streamline complex accounting tasks smoothly. The hosted software not only minimize the overall cost but also bring productivity into your business.

There is plenty of other accounting software in the market that has the same set of features, but Sage gains the slight edge due to its cost-efficient pricing solutions. The hosting feature of Sage is also one major factor that makes it future ready. Let's discuss further factors that justify the name of Sage in the accounting world. In short, here are the benefits of hosting your Sage to the cloud.

Mobile Device Compatibility to Focus on Core Business Goals: Sage, when hosted to the cloud, ensures that you can access your data from any location at any time and with any device. You are able to achieve better results when you enjoy doing your work. The hosted application allows you to work according to your comfort zone, which means you can complete tasks more efficiently. It is not less than a perk for technology-oriented accountants to have the comfort of the place and satisfaction of AI while handling complex accounts.
Supreme Operations to Avail Professional Growth: The presence of cloud help businesses to think beyond accounting hassles as the hosted accounting application is versed enough to take care of it. Accountants and CPAs can strategize new ways to expand their services globally or, simply think about resources management. There are lots of other tasks that they can handle in the meantime. Dedicated server, timely software upgrades and automated integration processes are some of the features that help accounting firms to claim professional growth.
Updated Technology to Stay Ahead of Market Game: In today's competitive market world, it is hard to stay at the top always but not impossible. Accounting firms can find a sustainable place for themselves only if, integrate with cloud technology. Fortunately, Sage 50 cloud is able to do that for firms. The expert of hosting provider ensures that your accounting software will upgrade to its latest version, and you don't have to pay any upfront cost for that.
Excellent Support to Think About Business Productivity: You automatically say yes to the assistance of cloud vendor when your data migrated to the cloud. There are many instances in business that makes it hard to focus on core business goals. But, the same is not a case with Sage hosting as experts assist every user 24*7. Be it day or night, experts will take care of your data and assist you with sustainable solutions. Hence, it is always beneficial to have an automated accounting software in the process.
Final Words

Sage hosting offers many benefits to its users, especially to accountants and CPAs, that allow them to explore the data, market opportunities and global expansion. Most of the traditional users still consider cloud as an expensive option. But, the truth is hosted application play a bigger role in the overall transformation of the firm's growth. Organizations who truly want to stay ahead of the accounting game should make a quick switch to the cloud as it is the only way to steer the firm's innovation.

Read more »

IRS Payroll Tax Audits Create Havoc on an Employer

Payroll Tax Audits are conducted on businesses that have or had employees and either failed to file and pay the payroll taxes on Form 941 Employer's Quarterly Federal Tax Returns, misclassified workers as independent contractors when in fact they are employees or there is a mismatch between the W-3 Transmittal of Wage and Tax Statement, W-2 Wage & Income Statement and the Form 941 Employer's Quarterly Federal Tax Returns.

When a payroll tax audit is selected to be audited, the case is assigned to the Employment Tax Examination Program and then it is assigned to one of the employment tax auditors.

An employment tax auditor will seek bank statements, payroll bank statements, copies of Form 941 Employer's Quarterly Federal Tax Returns for a specific period, DE-9 Quarterly Contribution Return and Report of Wages and any other form or document that they believe will assist them in determining if all the employee's wages/salaries were accounted for on the tax returns filed.

For people who were incorrectly paid as independent contractors, laborers who in fact should have been reported as employees. Then, that is when the misclassification of employee audits steps into the investigation.

Internal Revenue Service and the State tax agencies have identifying factors for determining when a person should be an employee or independent contractor. File a Form SS-8 Determination of Workers Status for Purposes of Federal Employment Taxes and Income Tax withholdings if you as an employer are not sure as to how to treat a worker.

Common Law Rules

Facts that provide evidence of the degree of control and independence fall into three categories:

1. Behavioral: Does the company control or have the right to control what the worker does and how the worker does his or her job?

2. Financial: Are the business aspects of the worker's job controlled by the payer? (these include things like how worker is paid, whether expenses are reimbursed, who provides tools/supplies, etc.)

3. Type of Relationship: Are there written contracts or employee type benefits (i.e. pension plan, insurance, vacation pay, etc.)? Will the relationship continue and is the work performed a key aspect of the business?

Mismatch between the Form 941 Employer's Quarterly Federal Tax Returns, the W-2 Wage & Income Statement and W-3 Transmittal of Wage & Tax Statement can result in a computer audit.

Computer payroll audits are easily calculated from the tax return and statements filed by the employer. Letters, Notices, and results are issued to the employer. The audit result is usually recorded as due on the last quarter of the year in which the alleged mismatch was identified.

An employer is provided with a deadline to respond to the changes. Furthermore, you may have appeal rights. Always read all the notices, letters you receive. Many people do not open government issued letters and then they lament on the consequences for not complying with response time frames.

A payroll tax audit can lead to large tax bills that create financial havoc on employers. Large expenses that are paid to Accountants, Tax Debt Resolution Experts and Tax Attorneys to represent a company who has misclassified workers and now owe payroll taxes for the unreported wages/salaries paid to workers who should have been reported as employees in the first place.

A payroll tax debt can result in recording of tax liens, levies (garnishments) issued to accounts receivable, notes receivable, and bank accounts. Furthermore, if negotiations are not successful the tax agency will seize and sell your business to secure payment of the taxes overdue.

Do not attempt tax debt negotiations without seeking professional assistance. The IRS Collection Officers are required to follow certain regulations, tax processes and procedures prior to implementing their collection efforts. If you do not know what resolution option you can request and what the requirements are for resolution. Then, your company may be subject to financial havoc and potential closure.

Do not forget or shred notices and letters mailed to you by tax agencies or employees of these tax agencies. There are so many appeal rights, time frames that require a response by certain dates. If these time frames and dates are not complied with. Then, the IRS Auditor or Collector will have no option but to move forward with the next action that is required according to your case.

Liens filed against your company will affect your ability to borrow and will encumber any and all property that your company owns and possibly you as the owner, officer, member and or director of the entity that owes payroll taxes.

Yes, there is a potential individual liability for non payment of payroll taxes. Read Internal Revenue Code 6672. Basically, the IRS is required to calculate the amount of tax withholding, social security and Medicare taxes due. Then, letters are mailed or provided to the potential responsible people or entities who failed to report correctly and pay the taxes accordingly.

These letters provide for 60 day time frame to request an appeal prior to the tax agency being able to create a tax bill against the individuals or entities that failed to abide by the payroll tax rules and regulations.

Read more »

Q&A on Payroll Management Systems

What is the payroll?

A payroll is a company's list of its employees, but the term is commonly used to refer to: the total amount of money that a company pays to its employees. A company's records of its employees' salaries and wages, bonuses, and withheld taxes. the company's department that calculates and pays these.

What is payroll management in HR?

Payroll refers to the process by which employees receive their salary. Functions involve balancing and reconciling payroll data and depositing and reporting taxes. The payroll department takes care of wage deductions, record keeping and verifying the reliability of pay data.

What is the process of payroll?

Payroll involves performing many tasks to ensure accurate and timely paychecks and payroll tax and record-keeping compliance. Process the payroll ahead of time. Devise a payroll-processing schedule that allows you ample time to process the payroll and to correct detected errors before employees receive their paychecks.

How does the payroll work?

A payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. This includes keeping track of hours, calculating wages, withholding taxes and other deductions, printing and delivering checks and paying employment taxes to the government.

How do you audit payroll?

A good time frame for scheduling a payroll audit is at the end of each quarter of business.
Verify Active Employees
Verify Pay Rate
Review Hours Paid
Compare Payroll Reports to General Ledger
Review Payroll Tax Submissions
Bank Reconciliation Review

What is the role of payroll?

The Payroll function is one of the fundamental functions of any organisation. At the basic level, it ensures that all employees receive their wages. In practice, the payroll function extends to a fairly wide range of administrative and labour issues.

Why payroll is so important?

The importance of payroll in an organisation. Payroll is an integral part of all organisations. The payroll department is not only responsible for employees' salary compensation, but it also plays a vital role in protecting the company's reputation by ensuring compliance with various legislations.

What are the uses of a payroll management system?

The Payroll Management System deals with the financial aspects of employee's salary, allowances, deductions, gross pay, net pay etc. and generation of pay-slips for a specific period. The outstanding benefit of Payroll Management System is its easy implementation.

What is a payroll administrator?

Payroll administration is defined as any of the tasks necessary to organize the compensation of employees for the hours that have been worked. This may include keeping totals for hours worked by employees, rates of pay and managing payments to employees.

What is a payroll management system?

A payroll management system is the system by which employers can pay the employees for the work they have completed. Although payroll seems like a mundane task, it involves many aspects including the withholding of taxes from each paycheck and making sure accurate funds are paid to the correct government agency.

What is payroll management software?

Payroll software is technology that aims to streamline and automate the process of paying a company's employees. Payroll software can be purchased from a human resources technology vendor or included as a module within a larger enterprise resource planning (ERP) package.

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Payroll Fraud Detection and Prevention With QuickBooks Hosting

Being an entrepreneur and running a company is a strenuous task, that too if everything goes smoothly. You need to be prepared for every possible situation that may arise and test you on your quick decision-making skills.

Every business owner has a fear of discovering a fraudulent activity, especially of finding out that they are being cheated by a trusted employee. But your money is for your business and you do not want to continue harboring a dishonest employee, particularly someone who can put you in trouble with the IRS.

Payroll fraud is real, and the top source of accounting theft in businesses. According to statistics provided by the Association of Certified Fraud Examiners (ACFE), 27 percent of all businesses face cases of payroll fraud and almost twice as much in small businesses than in large companies. Non-profit organizations are also not exempted from this criminal activity.

Let us look at a case. Tiffany Couch, a forensic accounting specialist shared a few stories of payroll fraud in a podcast with Accounting Today that will put things in perspective.

A well-trusted employee of 14 years at a dentist's office is found guilty of cash skimming. She is a sweet person, hardworking and popular among colleagues. She handles the cash coming in and bank deposits, she takes care of QuickBooks data, she is handling all tasks related to money. Because nobody is checking up on her, it gives her free access to steal it. She starts paying herself extra paychecks, she manipulates the cash invoices coming in, and she is not depositing all the money in the official bank account.

The dentist reviews a few tax forms one day finds out she is being paid extra and confronts her about it. She denies it at first, then says that the boss had agreed to pay her hourly for all the overtime she did last year, and gets angry at him for not believing her. The dentist, avoiding the fuss and wanting to clarify a few facts before the conversation went further, said that they will talk about it later in the day. The lady went for lunch and never returned. When the accounts and data were checked, it showed a huge amount of discrepancies, deleted receipts and missing cash entries. In total, she stole over $400,000 and is now serving time for it in prison.

A payroll fraud seems difficult to commit, but if it is concealed well, it might take months (or even years) to uncover. It can occur in any industry, be it a small shop or a large enterprise. The key is to review your accounts on a regular basis yourself. In the case above, too much trust cost the dentist a lot of money. If he had reviewed or tallied invoices before, the case would have been different.

Using QuickBooks hosting services can save a lot of trouble. It comes with the facility of remote access, allowing you to go through your accounts from anywhere and at any time. This way you always know about your cash flow, and you can verify financial data from your home. You can also catch a fraudster smartly in the act, and with evidence.

Following are the most common payroll fraud schemes:

1. Ghost Employee

A fake or terminated employee is being paid salary checks that the fraudster cashes in for themselves. This is common in organizations with a large number of employees who are managed by a supervisor. Conducting regular audits of payroll reports to ensure correct pay is reaching the employees is crucial. Check for multiple deposits to the same bank account, or checks being issued to employees at the same address.

2. Rate Manipulation

When an employee who has access to payroll accounts, increases their own pay or pays themselves for extra overtime or a bonus. This fraud is clearly taking advantage of the trust that the employer has in the employee. As a business owner, you should remember that trusting your employees is fine, but too much trust is not wise. Establish internal control and supervise critical financial records yourself periodically.

Read more »

Why Sage Hosting Is A Real Big Thing For Tech-Savvy Accountants and CPAs

The modern accounting world is the proof that technology accelerates every industry it touches. Whether it be data or relationship with clients, advanced accounting software is efficient enough to handle it all. Before the emergence of cloud technology, CPAs and accountants were handling their complex financial data on spreadsheets. But, it is hard for them to claim better results with spreadsheets, and that's when the need for a reliable cloud-based accounting software come to the fore.

Sage 50 Cloud is a familiar name among tech-savvy accountants and CPAs, who prefer technology to get expected results. From small businesses to huge enterprises, entrepreneurs to individual professionals, the hosted solution has worked exceedingly well for everyone. The major reason behind the popularity of Sage hosting solutions is flexibility, which allows firms to streamline complex accounting tasks smoothly. The hosted software not only minimize the overall cost but also bring productivity into your business.

There is plenty of other accounting software in the market that has the same set of features, but Sage gains the slight edge due to its cost-efficient pricing solutions. The hosting feature of Sage is also one major factor that makes it future ready. Let's discuss further factors that justify the name of Sage in the accounting world. In short, here are the benefits of hosting your Sage to the cloud.

Mobile Device Compatibility to Focus on Core Business Goals: Sage, when hosted to the cloud, ensures that you can access your data from any location at any time and with any device. You are able to achieve better results when you enjoy doing your work. The hosted application allows you to work according to your comfort zone, which means you can complete tasks more efficiently. It is not less than a perk for technology-oriented accountants to have the comfort of the place and satisfaction of AI while handling complex accounts.
Supreme Operations to Avail Professional Growth: The presence of cloud help businesses to think beyond accounting hassles as the hosted accounting application is versed enough to take care of it. Accountants and CPAs can strategize new ways to expand their services globally or, simply think about resources management. There are lots of other tasks that they can handle in the meantime. Dedicated server, timely software upgrades and automated integration processes are some of the features that help accounting firms to claim professional growth.
Updated Technology to Stay Ahead of Market Game: In today's competitive market world, it is hard to stay at the top always but not impossible. Accounting firms can find a sustainable place for themselves only if, integrate with cloud technology. Fortunately, Sage 50 cloud is able to do that for firms. The expert of hosting provider ensures that your accounting software will upgrade to its latest version, and you don't have to pay any upfront cost for that.
Excellent Support to Think About Business Productivity: You automatically say yes to the assistance of cloud vendor when your data migrated to the cloud. There are many instances in business that makes it hard to focus on core business goals. But, the same is not a case with Sage hosting as experts assist every user 24*7. Be it day or night, experts will take care of your data and assist you with sustainable solutions. Hence, it is always beneficial to have an automated accounting software in the process.
Final Words

Sage hosting offers many benefits to its users, especially to accountants and CPAs, that allow them to explore the data, market opportunities and global expansion. Most of the traditional users still consider cloud as an expensive option. But, the truth is hosted application play a bigger role in the overall transformation of the firm's growth. Organizations who truly want to stay ahead of the accounting game should make a quick switch to the cloud as it is the only way to steer the firm's innovation.

Read more »

GST: Good for Taxpayers, Bad For Government?

GST Rises

Many might be unaware, but the idea of implementing GST in India was introduced under the leadership of the Late Shri Atal Bihari Vajpayee. He appointed an Empowered Committee(EC) in the year 2000, and the committee was tasked with drafting the GST laws. Their and several other's efforts combined finally came to fruition in the year 2017 with the adoption of the Good and Services Tax(GST) Act, 2017. Following the 1st of July, 2017, GST has been in full operation and it seems to have restored order to the taxation system in India.

GST is basically an indirect tax replacing most of the indirect taxes that are levied in various stages of production of goods and services. In this way, GST becomes an indirect tax for the whole country. GST basically aims at removing the cascading effect of taxes. Cascading effect is basically the additions and accumulation of taxes at each level of production of a good/service.

GST Revenue and Surrounding issues

The government has gone as far as to say that there has been a voluntary compliance and great response to GST after it's initial stages leading to a rise in the tax base from 60 lakh Crores to 1.10 crore Crore rupees. This sounds great for the government but only on paper. The tax base increase can be accredited to the inclusion of many sectors in GST who were previously excluded.GST integration and application has surely helped taxpayers with filing their taxes and smoother compliances.

Present numbers, however, paint a picture of grim reality and realization for the government. The government had offered to provide compensation for 5 years because of the losses incurred by state government due to the implementation of GST, a good move by the central Government helping state governments consolidate the law till the grass root levels.

However, recent realizations and evaluations have left the Central government dissatisfied with the low revenue figures of the GST regime. The bi-monthly compensation for the months of June and July 2018, rose to as much as 3.8 times of that for the months of March and April 2018. the central government is also constantly falling short of their set target of 1lakh crore. The government, however, present a strong front and claim that they have eliminated implementation errors and are also "better equipped to deal with defaulters" which sounds like a hollow statement considering current events. In this regard, the Central Government is formulating strategies and hoping state governments will help identify flaws within the current system.

THE STEPS OF RECOVERY

The PTI(Press Trust of India) also was told by a high-ranking official that the government needs to devise a strategy to shore up the GST revenue. The source also bemoans at a lack of a set pattern for paying the compensation to individual states.

The government, however, isn't just sitting quietly and watch as they fail to gather appropriate revenue. GST Return is set to undergo radical changes in the coming times.

Here are some of the reforms government are planning:

· Deploying anti-invasion measures with a focus on top 30 taxpayers. Data Analytics will be used to profile top 30 taxpayers and look at their tax payments before and after the implementation of GST

· Assuring businesses of all kinds that they would try to put a curb on being intrusive with businesses

· Reforming the current 5 slabs of GST to cut down slabs to just two.

The system of GST return and compliances were a bit baffling and confusing to the taxpayers at first. This statement comes not from the writer's perspective but straight from the mouth of the Principal Cheif Minister of Central Taxes Mr. AK Jyotishi. He says " We do accept the fact that GST initially had several glitches and had created complexity in complying with it ". Now, the government claims to have straightened out the flaws and glitches with the statement from Jyotishi adding "a sizable chunk of the hitches stands removed".

Read more »

Restructuring Corporate Offenses: Government Appointed Panel Suggests in-House Adjudication System

Special Courts and their Plight
Special Courts are up to their necks deep in corporate fraud cases with serious offenses. In this mess of serious offenses, many routine procedural errors and lapses are piling onto the pending cases and cluttering the justice system for corporates. In a pursuit, to "de-clog" the system, a 10-man government-appointed committee chaired by Mr. Injeti Srinivas are looking to bring about radical changes by restructuring corporate offenses. This attempt also comes as part of larger efforts by the government to enhance the Ease of Doing Business and improving ROC compliances. The Ministry of Corporate Affairs has also made brilliant strides to promote faster company registration procedures with One-Day Company Incorporation with SPICe.One outstanding and radical change the panel suggests is the appointment of an in-house adjudication system to facilitate freeing up the workload on the special courts.

Restructuring Corporate Justice

It is clear that the special courts need a helping hand of support if they are to deliver justice for wrongdoings by fraudulent individuals. A vast array of changes and re-structuring of the system might come as a sigh of huge relief to the Judicial system.

Let's break down the changes to system suggested by the committee.

Serious offenses categorized into six different classes are to remain under the rigors of the law. However, the panel recommends that procedural and technical lapses falling under two classes should be shifted under the jurisdiction of an in-house adjudication system. This move is directly aimed at reducing the number of prosecutions filed with the Special Courts.

A move to simplify the resolution of minor technical and procedural offenses has been settled pretty well by suggestions of the committee. Apart from this the committee also stresses that they wish to simplify compoundable offenses as well. Suggestions from the panel request for the following changes:

16 out of 81 compoundable offenses to be recategorized
Shifting the jurisdiction of said 16 offenses from Special Courts to an in-house adjudication system
Compundable Offences Jurisdiction shifted from Special Courts to 'in-house E-adjudication framework wherein defaults would be subject to levy of penalty by the authorized adjudicating officer (Registrar of Companies)"
Remaining 65 offenses to stay under Jurisdiction of Special Courts to prevent potential misuse.
Status Quo for non-compoundable offenses which are in relation with serious violations
Instituting a transparent Online Platform for E-adjudication and E-publication of orders
The cross-cutting liability under section 447, which deals with corporate fraud would continue to apply wherever fraud is found.
Governance Simplification
The government-appointed panel was set up in July of 2018 to review and possibly restructure the current framework for dealing with offenses under the Companies Act, 2013. Apart from restructuring offenses, a sincere attempt is being made for ease of doing business, simplifying compliances along with smoother governance process for corporations.

The committee has a radical and comprehensive array of changes in mind related to governance as well as disclosure of corporate affairs. Here we list down some of the changes suggested for easier governance of companies.

De-registration of Companies on non-maintenance of Registered Office.
Disqualification of Directors continuing their directorship beyond permissible time period. A capping of director's remuneration can be done on a percentage of income earned basis
Enabling the Central Government with the power to approve the altering of a Companies Financial Year with the under section 2(41) of Companies Act, 2013
Giving Central government the power of approving the conversion of Public companies into Private companies under Section 14 of the Companies Act, 2013
In a pursuit to deal with the menace of Shell companies, The panel suggests reintroducing the declaration of Commencement of Business
A greater extent of disclosures with regards to public deposits.
Reducing Time Limits on filing documents for satisfaction, modifications, and creation of Charges.

Read more »

Here Is Your Affiliate Marketing Check List

Affiliate marketing is a way for a merchant to partner with independent marketers and pay them commissions for promoting his/her products or services.

When you sign up for an Affiliate Program, normally they cost nothing to join, you will be allocated

a special link (That is your Affiliate Link) for that product or service. This is a link or code that will help you and the merchant track the number of clicks and purchases and of course it tells the merchant who should be paid commissions.

To set up and start an affiliate marketing business you will have to decide what will be suitable for you as a way to promote.

Is it via a website,a blog,social networks or perhaps You Tube?

My recommendation is either a website or blog. On your blog or your site you can write permanent posts and pages that contain affiliate links.

On your blog or website you will be describing,reviewing,recommending and making clear the advantages of buying the product or services that you are promoting. Whatever you write,somewhere within the text needs to be your affiliate link so that when anybody thinking of making a purchase clicks on that link and buys it is your affiliate details that are provided to the merchant thereby enabling your commission payment.

You now need to get people to read what you have written on your website or blog, you get traffic to the site, attract visitors.

A lot of people when they are first starting do not know what to say to secure an audience.

If you write content in a way that gives useful information to your readers and that describes the products in an appealing way they are more likely to want to buy them. The more specific and reliable content that you are able to produce the more interest you are creating.

Interest builds you a following and that often converts to buyers then before you know it, you're earning money for every visitor that clicks on your affiliate link and buys a product or a service that you promote.

You will be wise to build yourself an email list so that you use e-mail marketing to further connect with your audience and inform them of your new content and offers.

Building your email list is yet another subject and there are many strategies that need to be explored in detail.

Advice on this can be found all across the internet.

Get started with your Affiliate marketing business today, good luck but remember, never give up!

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What Video Games Thought Me About Business

Yes, I'm a gamer. I've been playing since Pong was released, when Pac Man and Donkey Kong changed the world, and "Tom Sawyer" by Rush became the video gamer's anthem. Even today, video games have taught me a lot about succeeding in today's business world.

Let me start with one of the basics: Every video game is either a puzzle to solve or a variation on chess. Some games are both, like the Assassin's Creed series. Like in the real world, you look for the best way to accomplish mission goals while planning for the future. When your kid (or you) plays Fortnite, players look for resources (the today) that will help them survive later in the game (strategy).

The team option in Fortnite is a great example of collaboration and cooperation. A lone player will have a difficult time surviving. A team-up with another player makes it easier to win. Players can trade resources and weapons, protect each other, and build forts together. Similar to what each of us does every day in the professional world. Well, not forts, but we build our businesses together. We buy supplies, create trading partners, and form alliances to everyone's benefit.

Of course, some relationships require a little negotiating. You and the other person each want something whether it's a simple purchase or a more grandiose venture. The games like Monopoly and Fallout teaches negotiation skills. We listen to the other person for shared interests, leave emotion out of the discussion, and look for alternatives for both to reach their goal. Everyone happy means more opportunities in the future.

Knowing all of the above will not prevent the unexpected. A zombie can jump from the shadows or an opponent perched on a roof top can spoil your game. A computer crash, power outage, or sick employee can happen just as unexpectedly. Bad things happen to good people. Are you prepared for whatever life tosses at you?

Lastly, another one of the basics: Enjoy yourself. Each of us spends a lot of hours working. Some days are great and others not so much, but the passion should always be there. If not, it's a sign you either need a break or a change. I hope your life is filled with as much happiness, joy, and accomplishment as you can handle.

I'll conclude with some facts: The U.S. average gamer is 32 years old with women making up forty percent of players. By 2020, the U.S. video game industry will be worth $90 billion. My Xbox gamer tag is HappyJohn9000 in case you were wondering.

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4 Important Reasons Why One Should Go For Junk Car Buyers Online

Your car had a good run and even served you well during its life expectancy, but now it is now time to buy a new vehicle and sell this old one - is that the case?

The problem that arises is whether to sell this car to junk buyers or put it online on websites that sell & buys old articles. Setting up your vehicle for online listing can be a tiresome activity as you have to deal with dozens of buyers and have to entangle your brain in some negotiations to grab the best deal.

That is not the case with junk car buyers, they don't eat your brain even, you call them, they pick your car and you get paid out with a good amount that too on the same day - sounds interesting right?

Following are the few benefits that will explain why one should go for junk car buyers online:

1. You get paid out instant

Posting car online for selling takes a lot of time and even more time to get the money in exchange. It takes at least quite a week to look for buyers and set a great deal. If your backyard wants to be emptied in urgent, better call the junk car buyers, as they tow your car for free & even pays the amount on the same day of the towing.

2. Great price no matter what condition the vehicle is in

The best part is you don't have to worry about the condition of your vehicle and spend in its repair before disposing of it for final as these buyers take the car in any shape & condition. Even if your car is without engine or spare parts, with dents or certain damages, they will still tow it.

3. Don't you feel your time is important

Putting the cars for online selling & then waiting for the consumers to turn out with good deals never happens in a day. You not only have to wait for the buyers but also have to make sure the following checklist is all met with the buyer's need:

- Have to clean the vehicle inside out.
- Have to take a clear & detailed picture of the vehicle to post.
- Putting a compelling description below the listing.
- Making communication with prospective buyers regarding the selling process.
- Scheduling the meetups & inspection for the buyers.
- Selling the cars with the good or desired deal.

But that is not the case with junk car buyers as they don't expect you to meet these check-list points, they take away the car in any condition - on the same day you booked the appointment.

4. No need to beware of scammers

The task of selling cars on such websites is dubious for many as it is risky to plan a meetup and prevent oneself from frauds or scammers. But these junk car sites are quite reliable as they enter a contract first and even get you your money on the same day - the risk becomes less.

Try these buyers when you are in a hurry, want your backyard to be cleaned in an instant, want to buy the brand new car and most important want the money in the bank account to the earliest.

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Things You Must Remember When Choosing An Internet Provider

There are so many businesses and individuals today who rely on the internet fully for their day to day running. Without fast and reliable internet it can become very frustrating to get things done on time. Technology has taken over and with the right connectivity, everything works in harmony seamlessly. But then to enjoy this kind of running you must ensure that you have the best internet provider by your side. The providers increase by the day, but when you know what aspects matter most when it comes to internet connectivity, then you will be able to choose a provider who will never let you down or compromise your business for that matter.

Data caps - There are internet providers out there who may have caps when it comes to how much data you are allowed to download say on a monthly basis. They may not be the best, especially if you rely largely on internet because then there are things you may not be able to achieve. Be careful when choosing a provider so you do not end up with limits that do not work in your favor.

Speed - Downloading is inevitable and you want to make sure that you can do this fast. Find out what speeds the company offers and compare that to your immediate connection needs. The speeds can be over DSL or cable and each has its advantages and disadvantages; know your options so you can make the right decision you find most reliant on any given day and time.

Internet plans - Different internet users have different needs and a good internet provider will offer varying plans to match the needs of every kind of user. Of course the plan you choose can determine bandwidth size, hence it is important that you clearly know what your company or individual needs are so you can select a plan that serves you need effectively. Ensure also that you can easily upgrade to another plan as soon as the need arises without trouble.

The fees - Apart from prices per MBPS, find out what is required for you to have the internet installed because there are providers who give you the necessary equipment and other might require you to rent or buy a router or modem. Some have late payment fees and relocation fees while others don't. It is important that you find out everything there is to the fees before signing your contract with the internet provider. It is better to pay with full knowledge than come to find out about hidden charges later which can be frustrating.

Add-ons - Add-ons like antivirus software can prove to be very helpful, but remember that some providers may end up charging you for them as well. Consider how important it is to have them and then check whether they are offered free with your plan or you have to pay for them. There is really no reason why you should pay for add-ons that you can find and enjoy free of charge.

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Palm Oil Plantation Business in Indonesia: How to Get Started

Palm Oil Plantations are a very lucrative agricultural business for agriculture entrepreneurs and companies to invest in. The potential in this business makes palm oil one of the largest revenue streams in Indonesia. After the President of Indonesia Mr. Joko Widodo (Jokowi) imposed a moratorium on the land available for plantations, the value of palm oil plantations has increased dramatically.

The process of acquisition or take over of plantations, especially oil palm plantations, is not as easy as imagined. There are a number of important factors that are key to success in the take-over of oil palm plantations that must be followed and implemented based on the principle of gentlement-agreement by each party.

Considering that transactions in the property sector, especially the take-over of oil palm plantations, contain very high capital business and involve many parties as mediators, the government in this case the Minister of Trade of the Republic of Indonesia feels the need to make rules to safeguard the rights and obligations of the parties involved through the Minister of Trade Regulation of the Republic of Indonesia no. 33 / M-DAG / PER / 8/2008 concerning Brokerage Company of Property Trade.

However, even though there are regulations governing trade transactions, it is not uncommon for a transaction to be too convoluted and less cooperative between mediators, so that the take-over process actually becomes unsuccessful or completely void.

The following are steps to acquire a palm oil plantation in Indonesia

First, contact a trusted brokerage firm and ask if they have palm oil plantations to sell. Do not contact individual brokers as they may not have the complete detail on specific plantations, and generally they are not clear with the actual relation to the available plantation. Such cases often occur in Indonesia and you should make sure that the plantations have no legal issues.

Second, ask the brokerage firm to do the due diligence so that you avoid future legal issues in Indonesia. A trusted brokerage firm must have qualified survey tools such as drone mapping and a reliable agronomist / business analyst team. Thus, there is a match between the plantation legal documentation and the actual physical plantation.

Third, make sure the selling price of the plantation is fair. Almost all individual brokers markup the original price up to 30%. You should be careful in doing business with these types of individual brokers because of this type of lack of transparency. In this case you need to appoint a trusted agent to represent you in the take-over process. A typical commission fee of 1-3% should be expected from the plantation selling side.

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Learn The Top Tips For Your Home Business

Perhaps you are starting a home business offering professional services. Whether you are an electrician or a proofreader, your biggest question is: "How do I make my business known?" Here are some tips from others who have faced this question. They can help you build a thriving business--right from your home.

When approaching a home business, it is important to know where the biggest opportunity lies. Internet-based businesses are the biggest thing in today's world, but they also come with some of the biggest risks. Therefore, one of the most important parts of starting a home business is making sure that your product or service is going to fit a profitable niche.

Figure out the money involved. If necessary save as much money as you can before starting your home business. There are always unseen charges that you will have to deal with, and it is best to pay these with available money rather than a credit card. Don't think that you can walk into a bank and loan money. Most banks will need to see a proven track record.

Your office needs some sort of door or "barrier". Your office needs to be separate from the living areas in the home. This will be a mental and physical signal that your work space is separate from your rest space. The separation will help you to leave your work behind when you are busy with the rest of your life.

Make sure that any business you choose can be profitable. Research the demands and trends. Is there a market? Who are the competitors? If the market is crowded, can you fill a niche? Startup costs? Economies of scale? How much income fluctuation? What's the revenue required to cover expenses? It may not easy but doing your homework now may reduce heartbreak later.

If you are considering selling a product or a service, determine the going rate for that product or service in today's marketplace. Looking through other websites in your industry will serve as a great barometer for pricing, and often enables you to choose a competitive price. Never talk negatively about your competition, focus on marketing your good qualities.

Ask your customers to provide you with statements about your product or home business. They can talk about their experience with you or what they think about their purchases. Place this information on your website; it is a great (and free!) way to advertise to others. Happy customers will be pleased to provide you with a review, so don't hesitate to ask.

You should be honest and realistic about your expectations with your home business. Are you offering fantastic products or services that will continually attract new clients? Can you say that your business would be run honestly?

These tips have given you a lot of sound advice. You are probably planning your Linked-In entry and your Facebook page right now. The internet is a big help. But as these tips have shown, there are also other ways to make your business known. Diligent effort can bring you a thriving business and an important place in your community.

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Medical Emergencies: Leading Cause of Bankruptcies in America

There are several reasons people file for bankruptcy. What may come as shocking news is that most people are a SINGLE major health issue away from considering bankruptcy as an option. How can this be when majority of families have some form of health insurance? For one thing, it all depends on a number of circumstances. Here are a few examples of what needs to be considered:

• What type of insurance you have
• What sort of medical issue you have
• What is the co-pay percentage

Medical bills are actually the biggest cause of bankruptcies within the United States. In 2013 alone, almost 2 million people had filed for bankruptcy citing medical bills as their reasons. Even health insurance provides minimal help in preventing these cases.

Why?

One reason is that the average co-pay in most plans is 20%. This works out well for check-ups and minor injuries but if you happen to contract a major illness or get in a serious accident, you could possibly rack up a bill over $50,000 where you would need to cover 20% or $10,000 along with the deductible. For just about anybody, this would be a life-changing tragedy that necessitates seeing a bankruptcy lawyer.

Who are affected?

Of those who have stated medical bills as their reasons for filing bankruptcy, 78% of them had medical insurance of some sort. Most of those affected were educated middle-class families. 1 out of 5 Americans will face problems paying medical bills this year. Accidents and life-changing diagnosis can happen to anybody.

Even with proper savings and good spending habits, the burden of some medical bills is simply too much for most people to handle. This is a problem that an estimated 56 million Americans will need to face this year alone.

What can happen?

Seeing as most health care institutions employ their own means of collecting debts, overdue health bills are treated the same way as other types of debt regardless of the fact if you are now incapable of maintaining your job due to your health issue. You can expect similar means of debt collection such as multiple phone calls, court ordered actions, and other harassing techniques.

How to address the issue?

Bankruptcy is, and should always be, considered as the final option and should only be seriously considered once all other options are exhausted. Lawyers that specialized in bankruptcy are also experts when it comes to finding working solutions for debts. Your best course of action would be to seek the assistance of a bankruptcy lawyer as soon as you are facing a massive medical bill.

The common belief is that credit card debt or mortgages are the main causes for filing for bankruptcy. Most people are caught blindsided by such big bills that they find themselves at a loss for what to do. Simply having the knowledge that 3 out of every 5 bankruptcies are caused by medical bills is already a good start. Knowing is always half the battle and it always beats being caught off-guard.

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7 Ways to Prepare Your Data Center for a Natural Disaster

No one wants to think about a disaster crippling or even destroying their data center. But even as hurricane season has ended for Atlantic and Gulf Coast states, wildfires are raging in Southern California. Earthquakes are an ever-present danger. Disaster planning is moving higher up in the priority list for many data center managers.

Disaster recovery (DR) planning typically focuses on data protection and application availability. Most organizations consider the information maintained on servers and storage devices to be infinitely more valuable than the technology itself. However, DR plans should also include provisions for protecting equipment from physical damage.

Location: Ideally, data centers would be located in a geographic area that's not prone to natural disaster. That's seldom possible, so organizations must do the best they can to isolate it from any disaster that does occur. That means locating the room in an interior room or at least as far away from windows as possible. In areas where hurricanes and tornadoes are the greatest threat, an underground location may be the best option (unless flooding is a problem). In earthquake zones, it's critical to select a well-constructed building that's compliant with the latest codes.

Backup Power: Power outages are a leading cause of equipment downtime, and UPS failure is the No. 1 cause of unplanned equipment outages. UPS should be carefully selected, implemented and maintained to ensure a steady supply of conditioned power with a regulated voltage level.

Fire Suppression: Many data centers rely on conventional sprinkler systems, but water can destroy equipment and cause other problems as well. A better approach is to employ a dry "pre-action" system that will extinguish most fires before the sprinkler system is activated. Modern fire-suppression systems use halo-carbons, which remove heat from fires, or inert gases, which deprive them of oxygen. Both can provide excellent fire suppression if the system is properly designed, installed and tested. The fire alarm should also be tested - if it is faulty, the fire-suppression system might not be activated.

Flood Control: If the data room is located in a flood-prone area, a pumping system should be installed. The system should activate automatically and be connected to generator power so that it continues operation if the electric grid goes down.

Earthquake Protection: In earthquake-prone areas, it's important to select racks and cabinets that are rated to withstand seismic activity. These units typically have special mounting brackets to attach them securely to the floor.

Flexible Processes: Data center personnel should understand their responsibilities and be thoroughly trained in DR procedures. Equipment should be monitored by at least one person at all times. Run-books should be kept up-to-date so that equipment can be recovered or reconfigured quickly in an emergency. DR processes should also be well-documented but flexibility is important. Personnel should feel empowered to make decisions and improvise based upon the situation at hand.

Test: In most organizations, the DR plan is seldom, if ever tested. The plan should be tested at least twice a year and updated as the environment and business priorities change.

These 7 steps can help build design a flexible and resilient data center infrastructure and select systems that will protect your valuable equipment.

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10 Interesting Facts About Platinum

The vast majority of platinum production in the world comes from South Africa and Russia.

Platinum is silver-white-it was once known as "white gold"-and it has a number of useful properties, which explains its application in a wide-range of industries.

It is extremely resistant to tarnishing and corrosion (which makes it known as a "noble metal") and is very soft and malleable, making it easy to shape.

It is also ductile, making it easy to stretch into wire, and unreactive, which means it doesn't oxidize and is unaffected by common acids.

Platinum is one of the transition metals, a group that includes gold, silver, copper and titanium-and most of the elements in the middle of the periodic table.

The atomic structure of these metals means they can bond easily with other elements. Platinum is commonly known for being used in the manufacturing of jewellery but its main applications spread to catalytic converters, electrical contacts, pacemakers, drugs and magnets.

Here are 10 interesting facts that you may not know about platinum.

1. About 50 percent of cancer therapy patients currently use platinum-containing drugs and some of these drugs, such as cisplatin, are also used to treat tumours and cancer in animals. Platinum is considered a biologically compatible metal because it is non-toxic and stable, so it does not react with, or negatively affect body tissues. Recent research has also shown platinum to inhibit the growth of certain cancerous cells.

2. According to many analysts, platinum production is not likely to rise in coming years. The majority (about 80 percent) of platinum is mined in South Africa. Approximately 10 percent is mined in Russia, and the rest is found in North and South America. Because platinum and other Platinum Group Metals (PGM) metals usually aren't found in large amounts, they are often by-products from mining other metals. South African producers have already recovered platinum that is close to the earth's surface. Today, producers must dig far into the earth's crust for the metal. Deeper mining translates into higher production costs and less total production of the commodity.

3. Nearly half of the platinum that is mined is used in catalytic converters, the part of the automobile that reduces toxic gases into less-toxic emissions. Platinum and other platinum metals can withstand the high temperatures required for the oxidation reactions that reduce the emissions.

4. A cylindrical hunk of platinum and platinum alloy is used as the international standard for measuring a kilogram. In the 1880s, about 40 of these cylinders, which weigh about 2.2 lbs. or 1 kilogram, were distributed around the world.

5. Platinum Group Metals or PGMs are some of the rarest metals found on earth. There are two subgroups of PGMs: Palladium Group-Platinum Group Elements (PPGEs) and Iridium Group-Platinum Group Elements (IPGEs). The first group consists of platinum, palladium, and rhodium. The second consists of iridium, osmium, and ruthenium. No PGMs tarnish and they are highly resistant to heat and chemical attack. They are all excellent conductors of electricity.

6. Objects that date back to around 700 BC have contained platinum. Other PGMs did not make their way onto the scene until the nineteenth century. Malleable platinum, obtainable only upon purification to essentially pure metal, was first produced by the French physicist P.F. Chabaneau in 1789; it was fabricated into a chalice that was presented to Pope Pius VI. The discovery of palladium was claimed in 1802 by the English chemist William Wollaston, who named it for the asteroid Pallas. Wollaston subsequently claimed the discovery of another element present in platinum ore: rhodium. The discoveries of iridium (named after Iris, goddess of the rainbow, because of the variegated colour of its salts) and osmium (from the Greek word for "odour," because of the chlorinelike odour of its volatile oxide) were claimed by the English chemist Smithson Tennant in 1803.

7. London is the centre for platinum trading but physical delivery tends to take place in Zurich, Switzerland. The NYMEX division of the CME offers futures contracts on platinum. Each futures contract represents 50 ounces of the metal. The price of platinum tends to rise and fall with global industrial conditions. The price of platinum peaked in 2008 at $2,300 per ounce just before the global economic crisis of 2008.

8. Unlike gold and silver, which could be readily isolated in a comparatively pure state by simple fire refining, the platinum metals require complex aqueous chemical processing for their isolation and identification. Because these techniques were not available until the turn of the 19th century, the identification and isolation of the platinum group lagged behind silver and gold by thousands of years. In addition, the high melting points of these metals limited their applications until researchers devised methods for consolidating and working platinum into useful forms.

9. The fashioning of platinum into fine jewellery began about 1900, but, while this application remains important even today, it was soon eclipsed by industrial uses. After the second world war, the expansion of molecular conversion techniques in the refining of petroleum created a great demand for the catalytic properties of the platinum metals. This demand grew even more in the 1970s, when automotive emission standards in the United States and other European countries led to the use of platinum metals in the catalytic conversion of exhaust gases.

10. Extracting platinum is both capital and labour intensive. It can take up to 6 months and 7 to 12 tons of ore to produce one troy ounce (31.135g) of pure platinum. The first step in this process is to crush platinum containing ore and immerse it in reagent containing water-a process known as 'froth flotation'. During flotation, air is pumped through the ore-water slurry. Platinum particles chemically attach on to the oxygen and rise to the surface in a froth that is skimmed off for further refining. Once dried, the concentrated powder still contains less than 1% platinum. It is then heated to over 2732F° (1500C°) in electric furnaces and air is blown through again, removing iron and sulphur impurities. Electrolytic and chemical techniques are employed to extract nickel, copper and cobalt, resulting in a concentrate of 15-20% PGMs. Aqua regia (a concoction of nitric acid and hydrochloric acid) is used to dissolve platinum metal from the mineral concentrate by creating chlorine that attaches to platinum to form chloroplatinic acid. In the final step, ammonium chloride is used to convert the chloroplatinic acid to ammonium hex chloroplatinate, which can be burned to form pure platinum metal.

The good news is that not all platinum is produced from primary sources in this long and expensive process. According to United States Geological Survey (USGS) statistics, about 30% of the 8.53 million ounces of platinum produced worldwide every year come from recycled sources. Platinum recycling helps promote and protect the future use of a valuable natural resource.

Platinum can be fenined from the most different sources:
-bars and ingots
-flakes and grain
-sponges and powder
-wire and gauze-crucibles
-laboratory and thermocouple wire
-medical equipment
-aqua regia solutions.

Platinum refining terms are customized based on the type and quantity of the platinum scrap you have and the service that you need.

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How To Sell Digital Products On Bonanza

Digital product authors and licensed resellers have sold their products on eBay for many years. Sadly, for the past couple of years eBay has made this increasingly more difficult. This is due to their restrictions on the sale of digitally downloaded products. As a result many digital product sellers have been forced to find an alternative.

Bonanza fit the bill perfectly!

If you're not familiar with Bonanza, it's an online auction site very much like eBay. Bill Harding founded Bonanza in 2007. Today there are over 20 million items for sale on Bonanza. These item listings are available to nearly every country in the world. Among these items are, naturally, digitally downloaded products.

Digital products are not only fully supported on Bonanza, the digital delivery to your customer is also handled. When your product is purchased and payment completed, the buyer is able to download the product immediately.

The ability to easily list digital products, has made Bonanza one of the top venues for selling downloadable software, eBooks, plugins and more.

Listing your digital downloads is easy

Register a sellers account on Bonanza.
Once your account is active, login and go to your seller's dashboard.
Set up your Seller's Booth, following the provided instructions/suggestions.
Select items, then add or edit items. This will open your listings page.
Select add an item. This will take you to the listing creation page.
Complete the Give Your Item A Title Field.
Next you will upload your product images.
In the item category field, select Digital Goods, then type of item from the list of options.
Enter the number of items available in the Quantity Available field.
Complete the Detailed Item Description field.
In the Shipping Selection field you'll upload your digital file. (.zip file)
Set a price for your item.
Click the, Add This Item To Your Booth button.
You'll receive confirmation that your listing is now live.
That's all there is to it. When your item sells, payment will be added to your PayPal account, the buyer will be able to download the item immediately. All of this is handled automatically, with no additional action required from you.

Another great feature of Bonanza is the Rewards Program. You earn reward tokens for just about every action you perform on Bonanza. Logging in and listing items are just a couple ways you earn tokens. These tokens can be used for fee discounts, listing promotion and more.

There are many other great venues for selling digital products online. However, if you sell digital products, Bonanza definitely ranks among the best. Even if you currently sell on other sites, don't overlook Bonanza!

I have been in the Internet Marketing field for over 18 years. In that time I have had my share of losses, which I consider a "right of passage", so to speak. It has always been my belief that without failures, there can be no success. The important thing is to learn from those failures and keep going. "Any online marketer that says they have never had failures, is simply not telling the truth."

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How to Function Without a Fax Machine

You can learn how to function without a fax machine and still run a successful business. A business that is productive and successful is easy to achieve once you know the best ways to communicate. Getting the latest systems in telecommunications is the first step.

Before now, you may not have thought it possible to learn how to function without a fax machine. This is because it was one of the leading ways of communicating when it was first introduced to the business world. The truth of the matter is that many companies have realised that there are a number of different ways to communicate around the world that may not require this technology. This is largely due to the invention of the internet and all of the telecommunications that came along with it. With the introduction of email it became clear that this machine may not still be of use within offices. This is certainly true and there are better ways in which to communicate, but one of these methods, actually still uses fax machine technology.

You can learn how to remove your fax machine from your offices while still using it. This might sound impossible but it isn't. There is a form of communication that is called fax to email. This provides people with the opportunity to literally fax items straight to an email address. This is done by simply using the fax line that you already have set up for your old machine. Then this is connected to your email address and voila! As soon as you receive a fax call it will be converted into email format. This is one of the reasons why it is possible to remove the fax machine out from your offices. It does not need to be physically working in order for the phone line to work. Here are the reasons why you should utilize this telecommunication system:

· Free: it is completely free, as long as you already have your fax line and email set up.

· Eco-friendly: you will no longer have to worry about harming the environment with the amount of paper you used to buy for your fax machine.

· Global communication: just because you no longer have a need for a fax machine doesn't mean other countries don't. You can still maintain international relations with this method.

· Stay on top of the admin: having loads of paperwork is never ideal in a busy office. Instead of having pieces of paper floating around, all of your work will be in email format on your computers.

· Individual lines: to increase the productivity further you can create individual lines for your employees. That way all of the information they need will go straight to their private email addresses.

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What Does the Choice of Your Clothing Outfit and Fashion Accessories Say About You?

What does the choice of the clothe you wear, and your fashion accessory say about you?

Wearing clothe is a given, but we often do not stop to think about what kind of message we send to others through the choice of clothes we wear and our fashion accessories. Our clothing outfits and fashion accessories are some of the non-verbal ways we communicate to others about ourselves; who we are, our self-worth and our level of self-confidence. Often, when choosing the clothes to wear, we simple think of how we look in such clothing outfit, with hope of making impression on others. We often do not consider the appropriateness of the outfit for the event or occasion we are attending.

Different occasion or events call for different types of clothing, also the style of the clothes. When we fail to wear appropriate clothing outfit or appropriate clothing style we end up embarrassing ourselves, diminish our self-worth which in turn lowers our self-confidence.

Often people wear what they think looks good on them without considering the appropriateness of the clothing or its style for the occasion or event. A case of inappropriate choice of outfit that spark outage and condemnation on social media was the small above the knee black dress Ariana Grande wore to Aretha Franklin's funeral. Small short black dress in itself is not bad, but the event to which it is worn to, is the reason for the outrage. Does a short black dress befit a funeral ceremony? There is a consensus in social media that, a short above the knee dress is inappropriate for a funeral ceremony. Though many of commentators in social media made it seem as if it is only in black Churches that short dresses are considered inappropriate. The question is; are short dresses appropriate for any place of worship be it a black Church or otherwise? It is important to realize that we speak volumes simply by what we wear. Places of worship, more so a funeral ceremony calls for decency, modesty and decorum. Failure to wear what is generally considered modest and descent is seen as being disrespectful. It is not only short dresses that are considered inappropriate and immodest in places of worship, but dresses that are too tight as to reveal the contour of the wearer. Sleeveless or string sleeve dresses are also considered inappropriate for religious gatherings.

If short dresses are inappropriate for religious gatherings and celebrations, what kind of dresses or clothes should people wear to such gathering? Clothes that befit religious gatherings are none revealing long dresses, they can be full length or just below the knee. Often many conservative women like to wear suits to the Church, it can be two-piece dress suit or three-piece skirt suit. It can be either full length or three-quarter length long.

The next question is, if short dresses are inappropriate for religious ceremonies, what kind of event or occasion can anyone wear short dress to? Short dresses can be worn to cocktail parties or any none religious social gatherings. They can be worn as evening dresses or even simple casual wears. Every type of clothing and accessory have their appropriate place. Simple, give a little thought to your choice of outfits. When choosing clothing outfits for any event, ask yourself how appropriate the clothe and its style is before stepping out of your front door. Be sure it is not a clothing outfit or style for which people will raise eyebrow or frown at. Take care to consider the occasion or event and make wise choices for your clothes and its style.

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