Thankful

November 4, 2016

I went to the doctor the other day

For my annual physical

After reviewing all my vitals

He said….

You’re pretty healthy for 64

Everything looks good

Based on your medical history

And statistics

You will probably have another 21 years

You should make it to 85

Was that a right or left handed compliment…

I didn’t know whether to be….

Happy

Excited

Or

Worried

21 years……

Growing old

Always seemed so far away

We all feel invincible

Nothing is ever going to happen to me

It happens to everyone else

So maybe I eek out 25 or 30 years

I have placed my life in the Lord’s hands

It reinforces what I always say

Every day is a gift

I am thankful

Advertisements

Most people I talk to

 

Admit to budgeting by….

 

 

How much did we spend last year?

 

 

How do you know what you spent last year;

 

Was the correct amount?

 

 

It may be a comfort level amount

 

 

In today’s growing market

 

It is good to look at all your costs…

 

 

Do not take what you paid last year

 

As the cost of doing business.

 

 

 

Just think…

 

The iphone was invented 9 years ago

 

Look how it has revolutionized how we do business

 

 

Businesses were once paying over $1000 a month for T1’s

 

You can now get 10 times the speed for a fraction of the cost

 

 

Cloud technology is transforming business…

 

 

Natural gas prices were once over $10 a dekatherm

 

We now have a new floor and….

 

Companies are saving thousands of $$$

 

In the deregulated gas and electric market

 

 

 

Did you know that NJ and PA have over a 12% error rate

 

In the payment of unemployment claims

 

The state is taking money out of your account

 

Without asking.

 

 

 

When property values went down

 

How come we continued to pay the same property taxes?

 

 

 

Is sales tax really the cost of doing business…

 

What is this real property exemption?

 

 

 

These are questions we all should be asking ourselves…

 

 

These are questions we deal with…

 

Everyday

 

 

 

 

Don’t just settle and accept that

 

What we are currently paying

 

Is the cost of doing business…

 

 

 

At HBS

 

We validate what you are currently paying and

 

Look for opportunities to save you money

 

 

We are experts in providing smart solutions

 

That will grow your bottom line.

Here Ye

July 23, 2015

Hear ye…. Hear ye… Hear ye……

This is to serve as notice

To all businesses in the State of New Jersey…..

Your new unemployment rates have just been mailed
By the State of New Jersey

You should be receiving your new rate notice….. Any day

Note:
All business owners have 30 days to question the new rates
you have been assigned

This is as good a time as any to verify…….

Is our new Unemployment Rate correct?

Unemployment…

Is the 2nd highest Employer Mandated Tax

By the US Government

 

Yet, people know so little about it

 

It is the only employer tax that can be controlled

 

Did you know that each claim can be worth up to $16,000????

 

Unemployment…..

Is like having a checking account with the State

 

Each year, at this time, the state sends you a notice

 

In NJ, it is called the

Employer Contribution Report

 

This report tells you…

How much money you had in your account at the beginning of the plan year

How much money you paid out in claims during the year

How much money you deposited into your account during the year

How much money is left in your account now….

 

It then goes thru a calculation based on the numbers listed above

 

As to what your new rate will be for the next 12 months

 

This new rate determines the funding level needed

To meet future claims

 

What is your rate????

 

Is your rate high or low????

 

Did your rate go up????

 

If so…You got a tax increase……

 

How do you know if your rate is correct????

 

That last question is the one question

All business owners should be asking

 

Especially if you have over 100 Employees

 

When there is a mistake in unemployment

The mistake is not on just 1 employee

It is the all factor

 

A mistake effect all your employees

 

That means the State may be taking more money

Out of your account than they should be taking

 

Remember….This is like a checking account

 

Would you miss money…..

If it was taken out of your personal checking account????

 

Who is holding the State accountable????

 

We are

 

HBS works with many established clients

Who took the time to ask the question

 

Is our rate correct????

 

Boy were they surprised…..

When we found there was a mistake

 

We went back to the State

 

Corrected the error

 

And our client received a refund

 

We are always asked how did you do that????

 

That is what separates HBS from all others

We know where to look

 

Many of the cost we work with

Most businesses take for granted

As the cost of doing business

 

Did you know……..

The state has over a 12% error rate

In the payment of unemployment claims

 

Once again…..

 

They are taking money out of your account

And they are not being held

Accountable

 

That is reason enough to ask the question….

 

Do you think you can look at our

Unemployment rate????

 

Is it correct??????

 

To learn more

Give us a call

 

We offer a free consultation

Data Up

May 29, 2014

I remember the good old days

Back in early 90’s

The internet was new

Everyone was trying to get online

And we were all using…..

Dial up

Honey…

I just dialed up the internet

I am going to run to the hardware store

We should be connected….

By the time I get back

Yawn…….

After tolerating the dial up

For several years

The phone company

Came up with a new way

Of delivering the internet over copper

Welcome to the world of DSL

A big small step forward

Is there anyone out there still using DSL?

As we continued to thirst for

Faster access to information

Fiber was introduced

While copper was like driving down

A one lane road

Fiber was like driving on

A 24 lane highway

However;

As access to information

Was getting faster and faster

The cost was getting

Higher and higher

Deregulation was introduced

To bring competition to the field

Competition was designed to control prices

For a time

This apparently was not happening

What should we be looking at…

When we are buying access to information

Do we look for the lowest price?

Do we pay the higher price?

Is more better?

Are all speeds the same?

Should I want a faster download speed?

Or

Faster upload speed?

These are all questions everyone should be asking

We find

That many people are not asking these questions

Advertising is designed to

Spark an interest

Make people call

Get customers in the door

But as we know

Cheaper is not always better

You have to understand

What are your needs

There is no one size fits all solution

At HBS we listen

We evaluate what you are currently doing

Determine how to deliver

What you want

Designed to meet your needs

Several years back

Businesses were paying over $1000 a month

For fast data access

Slowly the prices began to come down

As competition entered the field

But companies were still paying

$600 – $700 a month for fiber

Enter…..

Comcast and Fios

You say Tomatoe ….

I say Tamatoe….

Both are good companies

Making a push to

Saturate the commercial market

Looking to capitalize on price and speed

Comcast and Fios

Are both tripping over themselves

Offering high speed data access

At a fraction of the cost

There are currently big savings

To be found in the data delivery field

HBS represents both Comcast and Verizon

Our services extend to lighting up

A center city building

Bringing access to all the tenants

To bringing phone and data capabilities to your office

Many clients are beginning to use Comcast and Fios

For redundancy

(As a fail over should their T1s or PRI go down)

Some keep the voice on their T1s or PRIs

And move their data to Cable and Fios

Not only will we guide you to the best solution

We will manage the installation

Delivering the product to your location

Getting you up and running

Providing service support

As the need arises

HBS is here

To guide our clients thru the

Maze of information

Delivering smart solutions

To your business

By Editorial Board, Published: September 10The Washington Post

THE SIMPSON-BOWLES commission recommended that the federal government undertake $4 trillion in debt reduction. So did President Obama. Mr. Obama’s advocates want to make it appear that the two $4 trillion figures are equivalent.

“He has offered a reasonable plan of $4 trillion in debt reduction over a decade,” former president Bill Clinton said last week in his Democratic convention speech. “That’s the kind of balanced approach proposed by the Simpson-Bowles commission, a bipartisan commission.”

“He put forward a budget . . . that would get to the $4 trillion goal that came from Bowles-Simpson,” Obama economic adviser Austan Goolsbee said on “Fox News Sunday.”

Not exactly. First of all, the Simpson-Bowles plan envisioned $4 trillion in debt reduction over nine years; the president’s plan would spread the cuts over 10 years — a difference that matters because the value of the savings piles up at the end of the window. For instance, the Simpson-Bowles report shows $817 billion in deficit reduction in 2020 alone. Another year makes a huge difference.

Second, Simpson-Bowles assumed the expiration of the Bush tax cuts for the wealthiest Americans before laying out its $4 trillion in reductions. In budget-speak, that was built into the base line. The Obama plan counts as “savings” allowing the top-end Bush tax cuts to expire ($849 billion from 2013 to 2022) along with keeping the estate tax at its 2009 level ($119 billion over the same 10 years). Again, another huge difference.

Lastly, Simpson-Bowles assumed lower spending on the wars in Iraq and Afghanistan. The president’s plan pads his debt reduction with “savings” in comparison to the wars continuing at the same pace for a decade. This amounts to an $800 billion difference.

When the president released his budget in February, the Committee for a Responsible Federal Budget assessed its savings to be “far below those” of Simpson-Bowles. After aligning assumptions, the nonpartisan committee found Mr. Obama’s $4.3 trillion to be comparable to $6.6 trillion of Simpson-Bowles savings. That’s a difference of $2.3 trillion, or more than 50 percent.

The best measure of whether the country is on a sustainable fiscal path is where federal debt would stand as a share of gross domestic product. At the end of a decade, the Obama plan would have debt at an unhealthy 76 percent of GDP, according to the Congressional Budget Office. The comparable ratio from Simpson-Bowles: 69 percent, still high but less troubling. At least as important, the president’s plan would leave the debt stuck at that level. Simpson-Bowles would put it on a downward path.

Mr. Obama can claim to have outlined an initial plan to tackle the debt, one that follows the Simpson-Bowles approach of combining revenue increases with spending cuts. He can claim that his plan, unlike Mitt Romney’s, has detailed proposals behind the numbers. He can claim to have achieved $1 trillion of the promised savings already, through spending cuts.

But Mr. Obama cannot claim to be seeking anywhere near as much in debt reduction as his appointed commission said was needed to preserve the nation’s fiscal health.

Posted by Ezra Klein on August 28, 2012 at 1:10 pm

On the Republican convention stage tonight, you’re going to see a really large clock. But the clock isn’t for keeping time. The idea isn’t to stop speakers from going over their allotted time, or the convention from running late. It’s a debt clock. And the idea is to blame President Obama and the Democrats for the national debt.

But in doing so, the Republicans will end up blaming Obama for the policies they pushed in the Bush years, and the recession that began on a Republican president’s watch, and a continuation of tax cuts that they supported. They’ll have to. Because if they took all that off the debt clock, there wouldn’t be much debt there to blame him for at all.

The single thing you should look at to understand the debt clock and what it is — or isn’t — telling you is this graph from the Center on Budget and Policy Priorities. It does something very simple. It takes public debt since 2001 — which is when we last saw surpluses — and breaks it into its component parts.

You can see it kind of looks like a layer cake. In fact, the folks at the Center on Budget and Policy Priorities call it “the parfait graph.”

The top layer, the orange one, that’s the Bush tax cuts. There is no single policy we have passed that has added as much to the debt, or that is projected to add as much to the debt in the future, as the Bush tax cuts, which Republicans passed in 2001 and 2003 and Obama and the Republicans extended in 2010. To my knowledge, all elected Republicans want to make the Bush tax cuts permanent. Democrats, by and large, want to end them for income over $250,000.

In second place is the economic crisis. That’s the medium blue. Recessions drive tax revenue down because people lose their jobs, and when you lose your job, you lose your income, and when you lose your income, you can’t pay taxes. Tax revenues in recent years have been 15.4 percent of GDP — the lowest level since the 1950s. Meanwhile, they drive social spending up, because programs like unemployment insurance and Medicaid automatically begin spending more to help the people who have been laid off.

Then comes the wars in Iraq and Afghanistan. That’s the red. And then recovery measures like the stimulus. That’s the light blue, and the part for which you can really blame Obama and the Democrats– though it’s worth remembering that Senate Republicans proposed and voted for a $3 trillion tax cut stimulus that would all have gone on the national credit card and added almost four times what Obama’s stimulus added to the debt.

Then there’s the financial rescue measures like TARP, which is the dark blue line. That’s almost nothing, as much of that money has been paid back.

If we didn’t have all that? If there’d been no Bush tax cuts, no wars, no financial crisis and everything else had been the same? Debt would be between 20 and 30 percent of GDP today, rather than almost 100 percent.

Now, the response you sometimes get to this graph is yes, that’s true, but Obama should have done more about the debt. But Obama has proposed a multi-trillion dollar deficit reduction plan. Republicans just refused to pass it. And, to be fair, he refused to sign their plan too. So the question then is less about what led to the debt and more about who has the right plan to get rid of it. I’ll get into that in a subsequent post.

By ROLAND HWANG  | 8/22/12 4:30 AM EDT  As reported in Politico

With the darkest days of the recession behind us, Americans are looking to  better economic times. They also are looking forward to their politicians  working together to find solutions.

While there are many areas where different sides are far apart, there is a  very good news story expected from Washington this week. It’s an issue that  almost all Americans can get behind: higher fuel efficiency.

An agreement set to be finalized by the Obama Administration as  soon as this week promises that by 2025, new vehicles will get an average of  54.5 miles per gallon. This builds on standards already in place, which by 2016  will raise the average fuel efficiency of the new passenger vehicle fleet to  35.5 mpg.

The standards will be introduced incrementally. For consumers, this means  that in less than 15 years, everything from compact cars to pickup trucks will,  on average, burn about half as much gas as vehicles driven today. This saves  about $8,000 in costs over the life of a new vehicle.

This is Washington at its best, working to move America forward.

Republicans and Democrats, automakers and environmental groups supported the  stronger standard because it redirects hard-earned cash away from the gas pump  and back into your wallet. They also understood that the standard fortifies  national security and protects the environment.

And this agreement puts Americans back to work.

Thousands of new jobs are being created in the automotive industry, the  largest manufacturing employer in the U.S. According to the Bureau of Labor  Statistics, the auto industry has added more than 230,000 jobs since June 2009,  when the industry scraped bottom. Most of these jobs are in the manufacturing  sector, but U.S. auto dealerships are beefing up their payrolls as well.

Stronger standards give automakers a long-term roadmap to improve vehicle  efficiency.

By greening the Rust Belt, the U.S. can seize global leadership in  innovative, fuel-efficient technologies – a market historically dominated by  Europe and Asia.

The jobs that accompany this domestic expansion aren’t outsourced; they  remain at home.

In Saginaw, Mich., for example, a century-old auto supplier called Nexteer  Automotive recently added 650 employees to help manufacture electric power  steering components for pickup trucks. These components replace more  energy-intensive hydraulic systems. Electric power steering is a fast-growing  segment of Nexteer’s business, and automakers who want to squeeze more  efficiency from their fleet are driving the increased demand.

Outside the auto industry, job growth will expand even further – by more than  half a million jobs, many in discretionary sectors like services and retail – because money saved at the pump will be spent on things like tuition, new  clothes, or a vacation.

The benefits don’t stop there. Cutting energy use while driving also reduces  our dependence on oil. By 2030, the 54.5 mpg standard will slash oil imports by  one-third. This enhances national security and strengthens the economy by  investing money in the Midwest – not in the volatile Middle East.

Fuel efficiency standards also protect the environment by reducing carbon  pollution equal to taking 85 million cars off the road. This helps fight climate  change that leads to costly droughts and dangerous heat waves. Less pollution  also means a healthier populace and lower medical bills.

Washington responded to America’s demand for more fuel efficient cars. By  implementing a smart, tough standard, Washington showed that it is committed to  creating good jobs and continuing our economic recovery.

54.5 mpg is a standard that works for America.

Roland Hwang is the Transportation Program Director for the Natural  Resources Defense Council.

Read more: http://www.politico.com/news/stories/0812/79949.html#ixzz24J7UKPjn

As reported in Huffington Post

WASHINGTON — In March, the commissioner of Georgia’s Department of Labor, Mark Butler, explained how the state’s unemployment insurance trust fund had gone broke.

“In an attempt to curry favor with Georgia businesses, Gov. Roy Barnes declared a ‘tax holiday’ before Barnes’ failed 2002 re-election campaign,” Butler wrote. “Businesses stopped paying into the trust fund. By the time we hit the Great Recession –- and many, many Georgians became unemployed through no fault of their own — the $2 billion Unemployment Insurance Trust Fund had been reduced by $1.3 billion.”

“Plainly speaking,” Butler added, “Georgia had not saved for that rainy day.”

Georgia lawmakers agreed to much of Butler’s plan to restore the trust fund to solvency — cutting the duration of benefits in an effort to save money. The legislature also modestly increased the amount of wages subject to the state payroll taxes that fund the unemployment system.

While the cuts to unemployment benefits were relatively drastic, the tax cutting that preceded them was typical. Most states failed to make prudent decisions about funding their unemployment trust funds over the years, according to a comprehensive report from the National Employment Law Project, a worker advocacy group.

States now owe $43 billion to the federal government, according to NELP policy analyst Mike Evangelist, and it’s likely lawmakers will rely more heavily on benefit cuts than tax hikes in order to get out of debt.

“Over the past 30 years, support for accepted norms in the UI program has been systematically eroded, with state lawmakers now more willing to go after long‐standing features of the program, such as the duration of state benefits or suitable work protections that were previously seen as untouchable,”  Evangelist wrote in the report.

Businesses pay both state and federal unemployment taxes for each worker on payroll — state taxes fund the first 26 weeks of benefits for laid off workers, and federal taxes pay for extra benefits that Congress puts in place during recessions. When a state unemployment trust fund runs dry, the state can borrow from the federal government to pay benefits. If a state borrows for too long, federal payroll taxes go up.

When under pressure to refill trust funds, it used to be that state lawmakers would seek savings by tightening eligibility rules. But this year Georgia joined six other states states that had cut the standard 26 weeks duration of benefits for the first time ever. While each state differed in how they cut benefits, Georgia put benefits on a sliding scale that goes up and down with the state’s unemployment rate. When the rate goes down, the duration of benefits could be as low as 14 weeks. The upper limit is 20 weeks.

The states were strapped for cash because tens-of-millions of additional people filed claims, but also because of tax cuts.

According to Evangelist, 31 states cut unemployment taxes 20 percent or more between 1995 and 2005. And from 2000 to 2009, the overall percentage of wages subject to state unemployment taxes fell to the lowest level in the history of the federal-state unemployment system. In 2007, states were collectively $38 billion shy of recommended trust fund reserves.

Doug Holmes, an unemployment insurance expert who advocates for businesses, suggested states would be unwise to try and meet funding thresholds “because to do so would require dramatic increases in state unemployment taxes that would place these states in an uncompetitive position to attract and keep businesses in their states.”

It’s unlikely states will want to hike taxes to pay for unemployment, Evangelist wrote in his report. “Realistically, it is unreasonable to believe that states will close this gap without doing further harm to the UI program’s ability to sustain unemployed workers and their families through periods of temporary job loss.”

Did I ever tell you the story

 

About trying to renew

 

 

My NJ plumbing license seal

 

 

 

It was old and needed to be

 

 

Replaced.

 

 

 

Do you have about an hour?

 

 

 

It is wayyyy tooooooo long of a story

 

 

 

Without going into details

 

 

Let me just say

 

 

After many phone calls

 

 

 

 

It only took the State a year

 

 

To mail out my new

 

 

Plumbing seal

 

 

 

 

 

 

Now the State is treading on sacred ground

 

 

 

 

Each year in late July or early August

 

The State of New Jersey

 

Mails out the

 

 

 

New Jersey Employer Contribution Reports

 

 

 

To all New Jersey Employers

 

 

 

 

This form shows you how the State

 

 

Calculates your new

 

 

Unemployment Tax rate

 

 

For the next 12 months.

 

 

 

 

You have to stay with me here…..

 

 

 

 

The form shows how much

 

Your Company has paid

 

Into the unemployment fund

 

Since inception

 

 

 

It also shows the total amount of

 

Unemployment claim dollars

 

The Company has paid out

 

Since inception

 

 

 

 

Confused yet?

 

 

 

Keep reading

 

 

 

 

The bottom line

 

Shows your reserve balance

 

 

Or

 

 

How much money is left

 

 

In your account

 

To pay

 

 

Future claims

 

 

 

 

Alright….. take a breath

 

 

 

 

 

To determine your new rate

 

 

 

The State looks at your

 

Reserve balance

 

 

 

 

The State also looks at your

 

 

 

3 year taxable wage base

 

 

And your

 

 

 

5 year taxable wage base

 

 

 

 

 

 

Guess which Taxable Wage Base

 

 

The State picks?

 

 

 

 

 

If you said the higher number…..

 

 

 

 

You would be correct.

 

 

 

 

Well….

 

 

 

Guess what?

 

 

 

 

 

New Jersey will not be mailing out the

 

 

New Jersey Employer Contribution Reports

 

 

 

Any longer

 

 

 

 

You will now have to go online…

 

 

 

 

Set up an account…

 

 

 

And look up the information…..

 

 

 

 

Yourself

 

 

 

 

Did I miss that memo?

 

 

 

 

Did you miss that memo?

 

 

 

 

 

 

I bet you did not know that

 

 

 

 

Unemployment is the 2nd highest

 

 

Employer mandated tax by the government

 

 

 

 

It is the only tax

 

That you are able to manage

 

 

 

 

You do have the ability to manage

 

 

What rate your company is assigned

 

 

 

 

And

 

 

 

What dollar amount will be

 

Paid into the account

 

For the next 12 months

 

 

 

 

 

 

 

Did you know

 

 

That the national average

 

 

For the overpayment of an

 

Unemployment claim is

 

 

 

Over 10%

 

 

 

 

That means the State may be paying

 

The wrong amount for an unemployment claim

 

 

 

And the money is

 

Coming out of your account

 

 

 

How do you even know your

 

Unemployment Rate

 

Is correct?

 

 

 

How do you know if your

 

 

Reserve balance

 

Is correct?

 

 

 

 

This is one of the services

 

HBS provides

 

 

 

 

We serve as a public advocate for

 

Our clients

 

 

 

 

We hold the state responsible

 

 

 

 

We verify the assigned rate

 

Is correct

 

 

 

 

We manage the payment of claims coming

 

Out of your account

 

 

 

 

Auditing each claim payment

 

 

Verifying it is the correct amount

 

 

 

 

For companies with over 100 employees

 

 

The cost savings to

 

 

 

Manage your unemployment account

 

 

Can be seen within the first year

 

 

 

 

With the unemployment fund depleted

 

 

Now more than ever

 

 

Companies should be taking steps to

 

 

Manage their unemployment accounts

 

 

 

 

 

 

To learn more contact george@hbsadvantage.com

 

 

Visit us on the web www.hutchinsonbusinesssolutions.com

The Huffington Post | By

 

Having to return to the hospital for another round of treatments for the same medical condition isn’t just emotionally draining, potentially dangerous and tough on a patient’s wallet, it also costs hospitals a ton of money, according to a report issued today.

A typical hospital with 200 to 300 beds wastes up to $3.8 million a year, or 9.6 percent of its total budget, on readmissions of patients who shouldn’t have had to come back, says Premier, a health care company that advises hospitals on improving efficiency and safety. The company analyzed the records of 5.8 million incidents in which a patient went back to a hospital to be re-treated and found they added $8.7 billion a year, or 15.7 percent, to the cost of caring for those people.

Cutting back on these readmissions would  be good news for patients. Even if the hospital has to eat the costs of additional treatments, patients are still subject to the risks of the procedures they undergo and the normal danger of contracting an infection while in the hospital. Patients being treated for heart attacks, respiratory problems like pneumonia and major joint problems are the most likely to wind up back in the hospital, according to Premier.

Wasteful spending in the U.S. health care system has been estimated to be as high as $850 billion each year, according to a 2009 Thomson Reuters report. Overall health care spending rose by a factor of 10 between 1980 and 2010, when it reached $2.6 trillion.

Hospitals are ground zero for health care cost-containment efforts because they are the biggest recipients of America’s health care spending, having taken in $814 billion in 2010, according to a federal government report. Rising costs and shrinking payments from government programs like Medicare and Medicaid and from private insurance companies have hospitals looking everywhere for ways to streamline their operations.

The health care reform law enacted two years ago expands on efforts begun three years ago to link how much Medicare pays hospitals to how well they reduce medical errors, readmissions, and other inefficiencies. Starting next year, hospitals will see their Medicare payments docked by 1 percent if they don’t cut back on these readmissions. The penalty increases to 3 percent in 2015.

Premier’s message to hospitals feeling squeezed: The money you need to save is already in the system. The company has identified 15 steps hospitals can take to improve the care they provide while also saving money, such as making sure patients are treated right the first time and don’t need to be “readmitted” for more care. By analyzing information culled from its hospital partners, Premier recommends other targets for savings, such as performing fewer blood transfusions and limiting costly tests.

Major physician groups also recently rolled out an initiative to reduce unnecessary medical tests. Combined with efforts such as those promoted by Premier, these ventures underscore how private sector health care entities are accelerating cost-containment programs with a push by the health care reform law.