updated 1:38 PM UTC, Jan 24, 2013
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Tomica Bonner

Tomica Bonner

Student Loans…Obama Passes Reform, Know What It Means For You!

BarackObamaportraitMost knew or at least heard of the Health Care portion of the Reconciliation Act of 2010. But another part of this Act was education. This Act will have the impact of cutting commercial banking profits and increasing the Pell Grant.  This reform is designed to save taxpayers over 61 billion in ten years.

If you are like many of the students that passed through college campuses you have racked up your fair share of student loan debt. In the quest for greater education many independent and dependent students have taken out grants and loans for amounts over $20,000. Essentially you may be able to cut some of this debt in half and effectively stopping the banks from profiting off a government funded program.

The Pell grant maximum distribution amount has been increased to $5,273 from $4,617 as part of this reform for the 2010 beginning school year. One portion of this is that instead of having monthly payments determined by the amount borrowed it will be decided according to your income. This would help borrowers to stay out of debt trying to pay loan amounts totaling more than they can afford at any given time.

The Self-Employed Taxpayer beware...Don’t let the government profit off you!

profit from business

When working as a self proprietor you are entitled to many deductions that can help lower your tax liability. For those that are unaware of the different ways to save when it comes to paying taxes you can end up owing the IRS or getting less of a refund check. To avoid this situation you should know what you can claim on your taxes to help lower your tax bracket.


How easy is it for you to toss that bag out with the receipt still inside? Have you discounted saving receipts for items such as:

Office supplies – Do you keep records for everything in your office?

Pay Attention...

MindHe knew that it would all end once he took his first shot. Martin was in a state of madness with nowhere to escape and things were happening fast. But it was so far out of his control. They were yelling at him and telling him to do things he knew were wrong. But he tried to fight them off and get them to leave him alone. Martin knew when he woke up in the morning that they were waiting for him and trying to convince him that he had to do it. It was giving him terrible headaches, he just had to escape.


They kept telling him that he had to take charge, had to get revenge and the time was now. “Make everyone pay who didn’t listen to him,” they said. It was like a chant being repeated over and over again. “How could you call yourself a man, if you don’t stand up for yourself,” was what they told him every chance they could. The more he heard them say these things the weaker he became.

First Martin had to get the gun from his father. This would show them that he was getting back at the others and taking a stand. It was his turn for revenge. Knowing just where his father kept his guns, all he needed was the keys to get in the case. But his father hadn’t talked to him in weeks because of him quitting school and moving out. It would be better to wait for his mom to get home alone so he could get in and get to the case.

The Job Is Mine

BusinessThey think because I’m a woman I’m shy

Trying to break my will and see me cry

What they don’t get is, I lack weakness

My ability to move mountains is gonna leave them speechless

Not saying this with any conceit

Just gonna take a lot to make me see defeat

I’m stubborn, bold and quite defensive
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