Comments on: Simple Basic Needs…We All Deserve Them http://blog.michellemoquin.net/?p=3912 Creative Discussions, Inspiring Thoughts, Fun Adventures, Love & Laughter, Peaceful Travel, Hip Fashions, Cool People, Gastronomic Pleasures, Exotic Indulgences, Groovy Music, and more! Wed, 09 Nov 2016 11:26:52 +0000 hourly 1 https://wordpress.org/?v=3.6.1 By: General Info http://blog.michellemoquin.net/?p=3912#comment-5370 General Info Sat, 20 Jun 2009 15:33:38 +0000 http://blog.michellemoquin.com/?p=3912#comment-5370 Q: If I use a home-equity loan to pay business expenses, can I deduct the interest on it as business interest instead of mortgage interest?

A: Yes, provided that you can trace the loan proceeds directly to a business use. Doing so can have several advantages…

Business interest is deductible on an unlimited amount of home-equity borrowing. In addition, you can deduct mortgage interest on up to $100,000 of home-equity borrowing.

The business interest deduction is allowed under the alternative minimum tax (AMT), but the home-equity mortgage interest deduction isn’t, to the extent that it is not used to buy, build, or substantially improve your home.

Business interest expense reduces income from a proprietorship and thus self-employment taxes — and also reduces adjusted gross income (AGI), increasing other deductions with AGI-related limits. Mortgage interest doesn’t.

Our inside source: Peter Weitsen, CPA/PFS, shareholder in the CPA firm WithumSmith+Brown, 120 Albany St., New Brunswick, New Jersey 08901.

]]> By: Health Info http://blog.michellemoquin.net/?p=3912#comment-5369 Health Info Sat, 20 Jun 2009 14:32:03 +0000 http://blog.michellemoquin.com/?p=3912#comment-5369 Q: Is there an easy way to determine if I am eating right?

A: Free or low-cost on-line tools can evaluate your diet. Resources…

NIBBLE (umass.edu/nibble/ratings/queslist.htm), sponsored by University of Massachusetts, Amherst, offers free quizzes to evaluate sugar, sodium and fat intakes.

NutritionQuest offers a free fat screener and fruit and vegetable screener (nutritionquest.com/fretools/index.htm) and has questionnaires to assess saturated fat, fiber, fruit and vegetable intake. Also available: A written quiz for $15. You send in your answers and get a diet-assessment analysis.

If you eat out often, rate your restaurant diet with a five-minute quiz from the Center for Science in the Public Interest at cspinet.org’na/quiz/index.huml.

]]> By: Madaline's Second http://blog.michellemoquin.net/?p=3912#comment-5368 Madaline's Second Sat, 20 Jun 2009 08:42:22 +0000 http://blog.michellemoquin.com/?p=3912#comment-5368 Just so you know Nabil. I occasionally check Michelle’s blog for interesting tidbits. I know who you are. I will not expose you, because Michelle forbids us. Have your fun. Say hello to ______.

It is nice to have doctors who will write whatever you want.
Now, that you know. Don’t reveal who you are. Let the fun begin.

bicatf

]]> By: Nabil http://blog.michellemoquin.net/?p=3912#comment-5367 Nabil Fri, 19 Jun 2009 20:30:31 +0000 http://blog.michellemoquin.com/?p=3912#comment-5367 Man o man, This woman, this Madeline, she can fight like army. This I can be witness to, I see myself. She can help us find freedom? Who is she, from where are there women like this?
Man o man. I do not believe these eyes. As from the Gods. She is Godess Michelle?

Nabil

]]> By: Tarin Kowt  http://blog.michellemoquin.net/?p=3912#comment-5366 Tarin Kowt  Fri, 19 Jun 2009 19:10:40 +0000 http://blog.michellemoquin.com/?p=3912#comment-5366 I too saw Madaline.

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