Wednesday, August 29, 2012

An Online Resume Is A Very Good Idea

The modern business world reaps so many different benefits from the Internet. Employers and job seekers alike have found that all aspects of communication are greatly enhanced by the advent of the world wide web. One of the most important ways that our modern approaches benefit both those who are looking for employees and those who are looking for work can be found in the idea of an online resume.

From the job seeker's perspective, this is an incredible development. Electronic documents can be copied and shared with absolutely no difficult and with no fear of a loss in quality. More importantly, they can be posted on web sites (your own or that of an aggregating service) where they will stay unaltered and always accessible for an impressively long time.

More to the point, if you have your curriculum vitae posted on the Internet you can be reasonably sure that anyone who is looking at it is seeing the most up to date and current version. Each time you need to make a change or an addition to the document, you can update the posted version instead of having to remember where you sent paper copies.

Many employers keep copies of CVs and job applications on file if they think there might be a use later on. Sometimes a company will only hire one of two people to test out a new department or work protocol, and once this trial period is over they may be looking to greatly expand their number of workers. An electronic CV will always be accessible to the prospective employer.

There are also several sites which act as intermediaries between the job seeker and the person who is looking to hire someone. From an employer's point of view, the ability to search a vast database of information according to whatever relevant keywords they choose can be an incredible time saver. The lack of physical paperwork also makes the prospect of sifting through dozens of applications somehow less daunting.

Indeed, someone who is looking for a new staff member and who is searching through a job hunting database that caters to those who are looking for work will be able to conduct their research from almost anywhere and at almost any time. As long as there is an Internet connection, they can even peruse the CVs of prospective employees in a coffee shop if they so desire.

When things are convenient for both the job seeker and the employer, the job opening will likely be filled quickly. This can be a very important benefit for both parties.

Consider using an online resume to help you increase your job opportunities. It is considerably more convenient for all concerned, and it enables you to have your information accessible at any time by anyone in the world. If you are an employer, make sure to investigate the various online services which house these CVs in a way that allows searching. The Internet is perfect for interpersonal communication, and this is just another way to demonstrate that fact.

Monday, August 27, 2012

Ten Offline Industries That Need Online Marketing

How important is online marketing for businesses that conduct most of their transactions offline?

Lindsey Miller, Director of Creative Studios at Miles Technologies, shares insight into the importance of online marketing for all industries even those that operate primarily in the traditional marketplace. "With the overwhelming majority of today's consumers using search engines to research products and services before they buy, simply having a physical storefront is no longer sufficient for attracting customers and making sales," Miller reports. "Regardless of whether your business is conducted on or offline, you must have a website that is highly visible in internet searches in order to attract potential customers in your service area."

Miller stresses that failure to engage in online marketing can have devastating results on an organization' success. "If you are waiting to take your marketing efforts online just because most of your business is conducted offline, then you risk missing out on an alarming amount of potential customers in your service area."

According to Miller, the following traditionally offline industries can benefit greatly from a well-designed website and a strong virtual presence:

10. Automotive Repair/Car Dealerships
9. Health/Beauty/Fitness
8. Construction/Contracting/Landscaping
7. Hotels/Travel/Food Services
6. Legal Services
5. Retail
4. Healthcare/Medical/Dental
3. Plumbing/Home Repair
2. Real Estate/Rental
1. Education/Daycare

Miller emphasizes that the need for online marketing is not limited to the industries listed above. "Online marketing is quickly becoming critical to survival in today's economy. Every business, regardless of industry, should be working to gain a competitive edge in the virtual marketplace."

Saturday, August 25, 2012

Allstate Motorcycle Insurance: Basic information

Can I rent a bike to get around after an accident?
No. But you can rent a car if you purchase Rental Reimbursement coverage and your bike is damaged or stolen. Allstate will help cover the cost.
Rental Reimbursement
If you purchase this coverage and your motorcycle is damaged or stolen, we'll help cover the cost of renting an automobile.
Do I need coverage for aftermarket parts?
Yes. When you upgrade your bike, you're increasing its value. You want your insurance to keep up. If you add less than ,000 of custom parts, you're automatically covered with Allstate's Comprehensive and Collision Coverage. If it's more than that, you can get up to an additional ,000 of coverage.
Lease/Loan Gap Coverage
If your bike is stolen or totaled, you're not at a total loss. Gap coverage pays the difference between your motorcycle and the amount remaining on your loan or lease. You must have Comprehensive and Collision Coverages in order to purchase Gap Coverage.
Towing and Labor Costs
If your bike breaks down or you're in an accident, don't worry about the cost of getting it home or to the shop. Towing and Labor Costs Coverage will typically reimburse you (up to the applicable limit) on all Harley-Davidson, Touring and Touring Sport motorcycles. It's also available for all other bikes at an additional cost.
Am I covered out of state?
Allstate motorcycle insurance helps protect you in all of the lower 48. And if you can get there, the other two as well.
Am I covered in Canada or Mexico?
Canada, yes. Mexico, yescovered within policy limits and only up to a certain mileage.
Can I turn coverage off temporarily during the winter?
No. We don't offer a 'lay-up' option. But your rates do account for seasonality of your state - providing low rates year round. This keeps you ready to ride when that unseasonably warm winter day rolls around.
I don't ride during the winter months. Why do I need a 12-month policy?
All rates take into consideration how bad your region's winter is. Shorter riding seasons can get lower rates. That's good, because no one wants to miss a ride on that freakish 50-degree day in January.
Transfer Discount
Earn up to 10 percent if you currently have motorcycle insurance with a carrier other than Allstate.
Motorcycle Organization Discount
Earn up to 10 percent if you're a member of an eligible motorcycle organization. Your Allstate Agent can provide a list of organizations that are eligible for a cycle club discount.
Motorcycle Safety Course Discount
Earn up to a 5 percent bike safety discount if you voluntarily attended and passed a motorcycle safe driving program within the past 36 months: msf-usa.org
Good Rider Discount
Earn up to 5 percent if you haven't had any chargeable accidents and no more than one minor violation in the past 60 months.
I own several bikes. Do you offer a discount if I insure several of them together?
Yes. Bike fanatics deserve a fanatical discount. You can save up to 35% when you insure multiple motorcycles on the same policy.

Tuesday, August 21, 2012

Top Five Reasons to Sell Weekly Call Options

An amazing income opportunity is now here with weekly call options. "Weeklys" come out every Thursday and expire the following Friday. There are no new Weeklys in the final week where the monthly options expire. You can just write the next week from the monthly list.

Although Weeklys have been around since 2005, it has only been since the summer of 2010 that the offerings have been expanded to include stocks and ETS like Apple, Amazon. Intel, Microsoft, Research in Motion, Cisco and Las Vegas Sands, to name a few. On the ETF side, there are QQQQ, GDL, GDX, USO, SLV and more, as well as the SPX and the OEX.

How Weeklys Super Size Your Trading Account

You Get to Sell 4 Times a Month!

Selling call options four times a month versus once is a pure gift. An experienced covered call writer can earn A LOT more premium. Doubling the monthlies in many cases is not unreasonable. Also, if you use a long-dated put for protection, this "insurance" can be paid for very fast due to more writes per month.

8 Days a Week Versus 30

Forecasting eight days instead of thirty is a piece of cake; it's much easier to look at what is happening in the week ahead. One of the biggest complaints about covered call writing is what to do if the stock really runs up and you have to either forgo the increased gains over the call option strike you sold or buy back the call at a much higher price. If this happens, it's a lot easier to adjust over one week and reset with a new trend the next week.

Accelerated Time Decay

Call writers depend on time decay. With Weeklys, time decay is greatly accelerated. There have been times that calls I sold on Thursday morning on introduction eroded over 30% by Monday's close. How cool is that? You can write near-the-money calls or at-the-money-calls and collect the higher premiums due to the rapid time decay.

Skip Earnings Week and Relax

How many times have you crossed your legs and held your nose during earnings week? Well, now you can just sit it out. Weeklys offer the ultimate in flexibility. You can also trade the news that week before or after the event. Again, you can be in or out of the market weekly. THAT is flexible.

Selling Weekly Puts for Even More Premium

Weeklys offer an astonishing opportunity to super size returns by selling a naked put or a put spread (to limit risk and to use less margin) for more premium. Just follow normal put selling rules; sell below a strong support point, at least one strike out of the money and maybe more if the premiums are good.

It's amazing how many experienced investors and fund managers do not know much about weekly options. The word is spreading. There is a lot to know about the various covered call writing strategies for up, down or sideways markets. The more you learn, the more you earn.

Monday, August 13, 2012

Benefits of Gold Trading And Gold Investment

With the economy in constant fear of recession, the stock market, along with many of the other financial markets, has suffered greatly. Some people even fear that the stock market will crash. In these times of economic uncertainty, how can you be certain that you can get a return on your investment. Many experts are turning to gold trading and gold investment as a new option, hoping that it will pay off. Experts will agree that it is always a wise decision to diversify your portfolio, and gold trading is the perfect choice. But before you can begin trading gold and other precious metals, you need to learn a thing or two about the market and the different types of gold you can choose to invest in.

First off, it is important to know that trading gold or commodities is not like trading normal stock. The gold market or commodities market is not as stable as the other financial markets, the stock market for instance, but the return on investments can be much greater.

Its important that you understand the different types of gold investments, and how they will affect your portfolio as a whole. If you are looking at gold as a potential investment, you will find that there two commonly used ways to invest; through spot gold trading or gold GLD index, Gold certificates, or the trading of physical gold as bullion gold, whether it is bullion, bars, or jewelry. Most investors tend to agree that it is wisest to invest in certificates as holding costs at a bank or private institution can cost almost as much as the gold itself in the long run. On top of this, investing in gold funds or certificates allows investors to trade freely on the gold market as easily as they would trade on the stock market or foreign exchange. Gold certificates and funds are fully backed by gold and insured. The other option gold investors have is to invest in physical bullion, coins, bars, and even jewelry. The main problem with physical gold is that it needs to be stored and ownership must be physically transferred. However, trading gold bullion and coins can have its advantages. Unlike a gold bar which is priced by its weight in gold, bullion, coins and other gold artifacts are priced by their weight in gold as well as their age. So a century old gold coin containing one ounce of gold might trade for more than the price of gold because of its age.

Whether you choose to invest in physical gold or certificates and funds, there is no doubt that gold can prove to be a worthwhile and profitable investment. Like all precious metals, the Earth's supply of gold is limited, and once it has all been extracted there will be none left. Because gold gets rarer and rarer by the day, its no wonder the price for gold is so high and it will only continue to rise. Now is the perfect time to invest in gold. With the economy at historical lows, gold can provide a sound and secure investment, with the potential to make a profitable return for you.

Saturday, August 11, 2012

Understanding debt factoring and its complexities

When many people hear debt factoring, numerous normally wonder what it's. It's usually declared having the concept of something might be of help on how to use it and also this must include being aware of what debt factoring is. This technique can easily be termed as a means whereby established companies usually sells their accounts at cut-rate price to your 3rd party. Those firms that have the accounts are typically called 'factor' and so the name debt factoring. After the 'factor' has obtained the accounts, they usually collect the business debts by way of a procedure called factoring. This procedure is generally employed by companies to help them improve their cash flow this also occurs as they get cash for your account receivables which might be purchased therefore receiving money immediately because of this transaction.

Debt factoring consequently becomes the strategies which many organisations have the ability to inject much more income for additional operations. This might be beneficial to those companies that are already transacting on credit and therefore are incapable of settle their dues owed with their creditors. Nevertheless, the business should be stable and of a strong reputation to utilize this method for raising much more funds. Numerous retailers and traders normally prefer the use of receivable factoring.

When businesses sell goods to financial firms, banks or perhaps private companies, the business's credit available in the market is scrutinized which will make some important considerations. Debt factoring necessitates that allowing out your invoices to 'factors' that then become to blame for commercial collection agency. Your factors determine your profits after you have created the receivable factoring deal ones the repayments could come in in a day possibly even. Which means you need to consult the 'factors' prior to disposing or selling your goods.

It'll be essential to understand the term and conditions involved simply uses enter into a debt factoring agreement. The reason being the receivable factoring generally is a lasting process. It is going to therefore to get a clear picture of once your debt factoring will be more than so that you can be capable of either negotiate the notice period or look out for one more altogether.

Debt factoring is obviously very complex because it involves things such as the reviewing of your respective financial status and evaluation of your suitability for factoring through the financial institute or bank that you would like to use. Sometimes credit limits might be required you'll also find to agree where did they are going to work.

For more info, visit

Thursday, August 9, 2012

Insolvency, Bankruptcy And Liquidation Concepts Defined

These three concepts are often used as synonyms but they are not. Though the common use of these words may lead to confusion, these are financial and legal terms and thus, they should be used properly and with caution. There are various related concepts needed to explain the above three: personal financial failure, business financial failure, cash flow, and several more.

Financial Failure

When a business or a person can no longer cope with ordinary expenses and exactable debt is higher than liquid assets, then this state is known as financial failure. But this is a financial concept. There are also legal concepts related to this financial concept. Bankruptcy for example is a legal concept that reflects the state of financial failure and rules its consequences. In certain countries, the term bankruptcy is only reserved for individuals while other terms are used for businesses (insolvency, liquidation, etc.). In any case, bankruptcy implies a financial failure where the debtor cannot afford to repay debt any longer.

Cash Flow

The cash flow is the movement of money, the transactions that a company or an individual make every day, month and year. Cash flow implies income and spending. Under a normal cash flow income is expected to provide the necessary funds to cope with the company's or individual's obligations (payment of services, debt payments, etc.). But, most importantly, this has to be done in a timely fashion. If for any reason the company or individual get behind on payments, it is imperative to catch up. This can be done by increasing income or using savings (selling assets, renting, additional jobs, etc.) or by reducing spending (closing accounts, cancelling services, reducing staff, consolidating debt, etc.). If for some reason, none of these solutions can be achieved, the unavoidable resolution would be a bankruptcy.

Insolvency, Bankruptcy, Liquidation

These concepts are used often both on the financial field and on the legal field. Truth is that bankruptcy is a legal concept well defined by the law and requires no clarification. Bankruptcy is the financial failure of an individual (or company in most countries). Under bankruptcy, debts are discharged by selling the debtor's assets (certain assets may be left aside) and transferring the amounts produced with those sales to the creditors proportionally to the amounts owed (as required by law certain debts are privileged).

Insolvency is the inability of an individual or company to cope with debt payments with current liquid assets. This can be solved by selling non-liquid assets, by borrowing money, by negotiating new terms with creditors, etc. If no solution is achieved, insolvency will probably lead to bankruptcy but these concepts are most certainly not synonyms. Truth is that insolvency is commonly applied to businesses and seldom to individuals (due to a British heritage). As regards to liquidation, it refers to the sell of the debtor's assets to cover the debts. It is also mainly used with companies but sometimes it can also be applied to the process within a bankruptcy that consists on selling in public auctions the debtor's assets.

Tuesday, August 7, 2012

Business Credit Card

Business credit card
Is business credit card helpful?

'Yes' -is the answer that's comes out almost immediately. That is true at least for most businesses (especially small businesses). Before we delve deeper into how business credit cards are helpful, let's try and understand what a business credit card is.

Put simply, a business credit card is a credit card that is owned by a business and not an individual. To understand this better, you can simply draw an analogy between the business credit cards and business bank accounts, which are in the name of the business as well. Other than that, business credit cards work in pretty much the same fashion as the personal credit cards; with a few exceptions. These exceptions are in the form of flexibility in credit limit, low APRs and some other additional benefits that are available to business credit cards only.

Even from just that, business credit cards seem a good proposition. However, business credit cards would be attractive even without those benefits because the main benefit lies elsewhere. The big-big benefit from a business credit card is realised in terms of business expense accounting. For most small businesses, business expense accounting is a big overhead. With business credit cards, this is handled very easily - you just have to ensure that you make all your business expenses on your business credit card and let the personal expenses be on the personal credit card i.e. segregation of business and personal expenses is all you need to do. So the bill for your business credit card will have all the business expenses on it and you wouldn't need to collate all the various bills or sort out the items from your personal credit card bill. The key here is to make sure that you use your business credit card for all your business expenses (or as much as you can). Moreover, a lot of business credit card suppliers realise this need of small business and even organise the business credit card bills in a way that meets the accounting requirements of these businesses. So mostly, they will appropriately group the expenses on the business credit card bill so as to facilitate business expense accounting. In fact, some of the business credit card suppliers go to an extent of providing the bills in a format that can be downloaded and exported to an accounting system i.e. you don't need to enter the data manually in your accounting system. In case the format is not suitable for your accounting system, you can hire a software professional to write a small quick program to convert it into a suitable format.

Thus just one reason - 'facilitation of business expense accounting', is enough to support the case of small business credit cards.

Monday, August 6, 2012

Real Estate Photography

The photography which is done on Real Estate Development Company is known as real estate photography. The concept is very much popular in European and western countries/ companies. Because according to the real estate photography the market has to be established! Real estate photography is done in different ways such as in close-ups. The real which is to be marketed has to be identified first. The product is then suited by professional photographer from different angles from which the product is most likely to be a sellable hotcake. Since the real estate is govern by the products which are only shown in hypothetical manner, the real estate has to be marketed accordingly. Since, the real estate is depends upon the projected outcomes, is covered by the photography part. So, a photographer must be analyzer in nature!

The photographer must know what the product will be after its completion of project. So, the photograph and actual product should match. Real estate photography makes a difference that good photos can make in the process of house for sale.

Importance of real estate photography

Digital presentation of real estate photographs is the key to good seller in the property market. In the present property marketplace, real estate photography became the essential tool of property firms! Digital photos are becoming popular and can be readily available in the market. Digital photos make real estate photography more natural and practical. If you want to search real estate photography for your property business, then you can find many online real estate photography professional websites online. By just surfing the internet you can gather some real estate photography tips and hints. For a professional real estate agent, it is must to take well-composed and exposed real estate photographs. By trying true methods of real estate photography you can produce real estate photos without the need of buying expensive tools.

Good online companies offer stunning real estate photography for both interactive and print use as well as three hundred sixty degree Panoramic virtual tour images, video production, multimedia presentations and image management. It is an important for you those great photographic images for marketing your position. Blur photos of real estates are never acceptable. To take better images of your real estates you should choose real estate photography. Over the past few years there are dramatic changes happened with introduction of digital camera has brought to the Real Estate photography industry. With such latest technology, a real estate photography transfer images to a web page on the internet, and flyers printed all within minutes. Nowadays, listings are quickly available to other real estate firms and purchasers worldwide who have access to a computer.

Saturday, August 4, 2012

Bankruptcy Car Loan Lenders May Be Found Through An Auto Broker

An auto broker may be a good source to find bankruptcy car loan lenders. A bankruptcy car loan may be obtained easier through a special finance department at the dealership. Car brokers often have a department with salespeople who specialize in helping those that have been through a bankruptcy.

Those that have recently filed bankruptcy and carry this mark on their credit report are considered high risk borrowers. Not all lenders will work with those who have been through a bankruptcy.

Let's further explore how a car broker may be able to find a lender who will loan you the money for a new vehicle.

If the auto broker has a department specific to special financial requests, they have built up relationships with different lenders that will work with those that have less than perfect credit. This provides an opportunity for the salesperson to find you the best possible terms on your special financing loan. And this can save you money.

As well as finding a bankruptcy car loan lender, the broker may find you the perfect used car for you. An auto broker uses many resources such as auto auctions and online resources as well as trade in vehicles to locate quality used cars.

A quality used car could be described as a one previous owner vehicle with between 25,000 and 35,000 miles on it. Typically these cars will only be one or two years old.

In fact, many times you can have the auto broker search for the specific make and model you are looking for, including the exact color you want. How cool is that? That is called customer service!

And with most auto brokers this is simply the beginning of the customer service they provide. This is because with must auto brokers the salesperson is interested in what you need and want rather than simply making the sale today. They work for you, plain and simple.

Because the representative is not interested in making a sale today they will pay attention to other important factors of true customer service. You most likely will feel welcome and compassion from the person you are working with. There is less of a chance that you will be stuck in an office and ignored as you may find with a traditional car dealership. Again, this is because the broker is working for you with your best interest at heart.

If you are in the market for bankruptcy car loan lenders an auto broker may be a very wise choice for you. If you find a quality auto broker dealership you will receive the service you deserve, the compassion you need to feel confident and a great vehicle at a fair price.

Friday, August 3, 2012

Commercial Leases: Limiting Tenant Liability

When you enter into a commercial lease as a tenant, you will automatically take on a wide array of responsibilities, many of which you will be personally liable for.

Your obligations will be detailed within the terms and conditions of the lease itself, although some of the most obvious elements include the payment of rent, service charges and dilapidations. Other aspects may be a little less apparent, particularly to those who are new to the ins and outs of commercial property. For example, where there are two or more tenants operating as a sole trader or partnership, the individuals involved will be accountable for all those named on the agreement. This means a landlord can, technically, claim the rent in its entirety from just one individual tenant. This is known as tenants' joint a several liability.

How to limit your liability as a commercial tenant.

A commercial tenant is, therefore, exposed to a significant level of personal liability. Understandably you will want to reduce this as much as practicable, as you do not want to put your assets on the line if possible. To avoid this risk, you need to give careful consideration to the various ways in which you can restrict your personal liability as a commercial tenant. This may include:-

1. Understanding your liabilities.

Be completely certain of what your liabilities are. Only by understanding the precise terms of the lease will you be able to prepare yourself for the future.

2. Negotiating with the landlord.

Once you have got to grips with the terms of the lease, pinpoint anything you do not feel happy with. Negotiate with the landlord on these aspects and don't be afraid to take a strong stance. Remember, this is your personal liability at stake; you must ensure you have the maximum amount of protection possible.

3. Offering alternative solutions.

To appease your landlord, offer alternative solutions to the issue of personal responsibility. For example, suggest a three month rent deposit, or propose a time restriction on the length of personal liability.

4. Insurance.

Carry out throughout insurance checks. Make sure your landlord has comprehensive coverage, and also investigate the benefits of taking out your own insurance policy.

5. Legal advice.

Lastly but most importantly, instruct a solicitor from the outset. Having a professional who specialises in commercial leases on your side will be an invaluable asset. A solicitor will be able to negotiate on your behalf, identify any risks to your personal liability, and advise upon ways to minimise those risks. This could save you a considerable amount of money in the long-run.

Get Legal Assistance Today.

To talk to a legal expert about minimising your personal liability as a commercial tenant, contact specialised solicitors.

How To Reduce Taxes On Your Bonus Check

If you are fortunate enough to be employed in this sluggish economy, that's good news. If you're even more fortunate to receive a bonus check, then you probably noticed a sizable percentage of that bonus check was lost to taxes.

Uncle Sam wants part of your bonus

The Percentage Method isn't a household name, yet it affects many Americans even if they know nothing about it. It's time to get educated. This is the method by which taxes are withdrawn from your bonus check. It's not necessarily fair or favorable if you're an average taxpayer.

At the federal level, this is a flat tax of 25% that's withheld from your bonus. It's a flat percentage at the state level as well, and the number varies depending on which state you are in. A flat tax is the same, no matter your income level or tax bracket. Even if usually get to keep 90% of your check, this flat tax is applied to your bonus check no matter what.

What can you do?

This flat tax is hard to avoid. We all hear about what happens to those who don't pay their taxes. They are fined or, if the dollar amount is high enough, must serve time in jail.

Is there any way to reduce the taxes on your bonus check? Sometimes you can reduce your taxes, depending on the situation. One way to avoid paying too much in taxes is to plan ahead. If you know that a bonus is in the future, increase your withholding allowances during the year. Withholding allowances during the year will translate into less income tax being withheld from your regular paychecks. This will in turn offset the high tax withholding from your bonus which will result in paying fewer taxes all the way around.

That's not your only choice. You might also want to raise your withholding allowances after you get the bonus and then fewer taxes are withheld for the rest of the year. Either way, you are paying less in taxes.

Not as easy as it sounds

Most of the time, a bonus check comes at the end of the year. So these are difficult strategies in that you don't want to risk under-withholding unless you are absolutely sure the bonus is coming. Otherwise it could turn into quite a mess.

Another method?

The Aggregate Method might be better for your situation. Allowed in many states, the aggregate method bases the amount of tax withheld on your wages. It also takes into consideration your tax withholding up to the date of your bonus check. The Aggregate Method allows your taxes to be calculated like your bonus is just a regular paycheck.
You will still be paying taxes. The Aggregate Method won't change that. Unfortunately, payroll software doesn't have the ability to recognize that your bonus is simply a single payment. In other words, the payroll software just assumes that your bonus check for ,000 is a regular payment that will increase your annual income. For just that one bonus, the software thinks that more taxes need to be withheld because it thinks you are now in a completely different and higher tax bracket. So it taxes you at that higher rate. Even with bonuses that are smaller, too many companies never realize there is a method to this madness and as a result, too many incorrect software calculations create bigger bonus problems for employees who'd like to keep as much of this extra money as possible.

The problem with bonuses

Even if your employer is on top of things and figures out your bonus correctly, your bonus is probably a higher dollar amount. It's usually higher than your regular paycheck and therefore there will be more taxes withheld. Such taxes are usually magnified. So this leads you to receive a smaller bonus check than you expected.

What else? If you are in a high tax bracket, and your employer uses the percentage method to determine the tax rate, you might end up under-withheld at the end of the year. For example, perhaps your federal tax rate is 35%, and only 25% is withheld. If you believe this could happen, call Human Resources or your Payroll Department and request that more taxes are withheld from your bonus check. Your employer is authorized to withhold more if you ask them. They just wouldn't be able to withhold less.

If you are getting a bonus and want to determine how much of the bonus you will get to keep, check out bonus calculators online. While you're at it, research the many ways you can understand your paychecks. You can learn about different numbers of allowances and how those different scenarios affect your withholding situation. You can find both regular paycheck and bonus calculators as well. Make sure to select your state to get accurate results.

Catherine Durkin Robinson is a contributing writer for BillSavings.com, your information resource and community for money-saving tips and offers so you can shop, compare, and save money on just about everything.