Archer County News (Archer City, Tex.), No. 9, Ed. 1 Thursday, March 3, 2005 Page: 4 of 8
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Page Four - The Archer County News - Thursday, March 3,2005
Sheriff Daniels issues appeal to
FINANCIAL FOCUS
by Grady R. Schenk, Jr.
SMART FINANCIAL MOVES FOR
HOME-BASED BUSINESS OWN-
ERS
When you run your own home-
based business, you have the freedom
to chart your own course. But this
independence comes with a lot of
responsibilities. You've got to plan
and save for your own retirement.
You've got to take care of your own
taxes. You've got to deal with busi-
ness expenses. Consequently, you've
got to learn how to make smart finan-
cial moves.
So, if you're contemplating striking
out on your own, and you're going to
be working out of your home, keep
these tips in mind:
* Set up a retirement plan - right
away - As soon as you're generating
any income, establish a retirement
plan. A qualified retirement plan can
pay off for you in several ways: Your
contributions typically will be tax-
deductible, your earnings will grow
tax deferred, and you'll have a variety
of investment options. If your busi-
ness has no employees except your
spouse, you can choose from some
attractive plans, including a SEP-IRA
and an "owner-only" 401(k).
* Review your investments- Now
that you're self-employed, you may
need to adjust your investment mix.
As you know, going into business for
yourself is not a risk-free proposition;
consequently, you may need to lower
the risk level of your investments, or
possibly adjust your investment mix
to provide you with a greater income
stream. Keep in mind, however, that
you'll still need to have considerable
growth potential in your holdings,
particularly if you have many years
left until retirement.
* Consistently set aside money aside
for taxes - If you pay your taxes
quarterly, as many self-employed
people do, you don’t want to scramble
for cash every three months. So, ev-
ery time you get paid, put away some
money for taxes, preferably in a liq-
uid vehicle, such as a money market
account. Generally speaking, it's a
good idea to set aside as much as 40
percent of your income. Even if don't
need all that money at tax time, it
certainly won't hurt to have it around.
If you don't have enough liquid cash
to pay your taxes, you may be forced
to dip into your investments - and that
could slow your progress toward your
financial goals.
* Keep track of all potential deduc-
tions - Be diligent about claiming all
business-related tax deductions that
you can get, such as percentages of
your mortgage, insurance and utili-
ties, office supplies, educational ma-
terials related to your work, etc. You
can benefit greatly from working with
a tax professional - someone who can
tell you exactly what deductions
you're entitled to claim.
* Look for "group-buying" oppor-
tunities - If you are self-employed,
and working out of your home, you
can feel isolated. But actually, you're
not alone; there are many other home-
based workers out there, just like you.
And if you can hook up with these
people, you may be able to increase
your buying power by obtaining group
discounts on office supplies, health
insurance and other necessities. You
can find out more about these group-
buying opportunities in magazines
and Web sites devoted to entrepre-
neurs.
Running your own home-based
business can be exhilarating - and
scary. But by making smart financial
moves, you can lower the "fear fac-
tor" and devote more of your time and
energy to making your business suc-
ceed.
citizens in fight against crime
Responding to the increased num-
ber of citizens wanting to assist law
enforcement officials and build a
stronger partnership in the fight
against crime, Sheriff Daniels an-
nounced the Archer County citizens
are being invited to become Associ-
ate Members of the Sheriffs Asso-
ciation of Texas.
Membership appeals will go out in
the mail shortly. The funding pro-
vides critically technical resources,
training, and legislative support on
key criminal justice issues.
In addition, dues will be used to
support crime prevention and aware-
ness programs, promote public
safety, fight drug abuse, provide ad-
ditional training for sheriffs and their
deputies, and provide scholarships
for children of law enforcement of-
ficers.
Contributions are tax-deductible.
"The Associate Membership Drive
helps provide the funding which is
vital to helping us carry out our mis-
sion of making our communities
safer placed to live, work and play,"
said Sheriff Daniels.
Citizens not receiving a member-
ship appeal or desiring more infor-
mation can obtain it by contacting
the Sheriffs Association of Texas at
1601 S. IH-35, Austin, Texas 78741
or www.txsheriffs.org.
As the need for building stronger
public-private law enforcement part-
nerships in this country continues to
escalate, programs such as this con-
tinue to grow in importance," stated
Sheriff Daniels. "I encourage every
citizen and business receiving a
membership appeal to consider join-
ing forces with us by becoming an
Associate Member. It is a valuable
investment in our future."
The Sheriffs Association of Texas
does not make solicitations by tele-
phone. If you receive a phone call
from someone who uses our name,
please report it to your local Sheriff
or County/District Attorney.
Welter attends Capital Conference
in Washington D.C.
The National Association of Health choice in health care and promotes a
Archer County Sheriff Ed Daniels
was one of more than 150 sheriffs
and their law enforcement officers
from around the state that visited the
79th Legislature on Feb. 17, 2005.
The Legislative Committee and
staff of the Sheriffs Association of
Texas coordinated this special event
to facilitate the sheriffs' involvement
in the legislative process. Resolu-
tions were passed in both the House
TexCare Partnership: connecting Texas families
with children’s health insurance for $18 a month or less.
Call 1-800-647-6558
for information or to apply.
Underwriters (NAHU) held its 15th
annual Capital Conference in Wash-
ington D.C. on February 7-9, 2005.
John Welter attended this confer-
ence, both for the opportunity to
learn more about the political envi-
ronment for health care reform and
to help communicate the importance
of free market health insurance to
congress. John has been a NAHU
member for 7 years; this was his 5th
Capital Conference. John serves as
the Legislative Chair of the Texoma
Association of Health Underwriters,
one of over 200 NAHU chapter
across the country. In addition he
serves as Secretary on the Executive
Board for the Texas Association of
Health Underwriters.
"NAHU continues to advocate for
a health care system that maximizes
robust and competitive market,' ex-
plained Kevin Corcoran, executive
vice president. "NAHU has been
very active in finding creative solu-
tions to reduce the number of unin-
sured Americans. We are also very
concerned with any initiatives that
add to the rising cost of health insur-
ance policies, pricing people out of
coverage. NAHU believes that keep-
ing health insurance accessible and
affordable is the most important
health care reform."
The NAHU represents 20,000 pro-
fessional health insurance agents
who provide insurance for millions
of Americans. NAHU is headquar-
tered in Arlington, VA. For more in-
formation, please call Kelly
Loussedes at (703) 276-3835 or
email kloussedes@nahu.org.
Texas sheriffs visit capitol during
79th Legislature
and Senate recognizing the sheriffs'
and the Sheriff's Association of
Texas. Sheriffs spent the remainder
of the day meeting with their indi-
vidual Senators and Representatives
to discuss pending legislation and
provide and provide input on bills
that affect the citizens of the State of
Texas. The sheriffs feel this contact
is crucial to providing meaningful
law enforcement in their counties.
OPEN
ALLSTAR MEDICAL SERVICES
DR. A. HOSSAIN
511 S. CEDAR, ARCHER CITY
(the old Mental Health office)
MARCH 15th
IO AM TO 2 PM
c&[pdsvij/Osvi/(>/ i/s/ upe;l/c/0/ivi&!!
*Vv
0dd!l4s
^-^SUPERMARKET
Archer City
*423-6265
% Windthorst Lucky Dollar
574-4543
MEAT/DAIRY
Oscar Mayer Red Rind
Bologna i6oz 99 i
Customer Services
Oscar Mayer
Weiners i6oz $1.39
Hillshire Farms Smoked
Squsqqe i6oz
Money Orders
|Gift Certificates
Western Union
1 Full Service Grocery Store
Postaqe Stamps
Quality Meats & Produce
Checks Cashed
1 ATM
TAV Sliced 4x6 16 oz
Chicken Breast $2.49
TAV Sliced 16 oz
Turkey Brens* $2.49
Imperial
Sprend Tub 3 lb $ I .39
1015
Sweet
Onions
^ /bre Ida
24/12 oz cans
15"
Bud/
Bud Light
24/12 oz cans
Crinkle ta“T<3
N/Rotel Rg*
crmicie /& Tator
IFries/Tots
3/$2
Tomatoes
IO oz, Reg. 99<
Vienna
Sausnges
y\_
N /Parade
s
FOR YOUR CONVENIENCE
WE ACCEPT THESE QUALITY CARDS
3/,
994
Macaroni
Reg. 491
5 oz, Reg. 694
5:00 A.M.-10:00 P.M. - SEVEN DAYS A WEEK
WE ACCEPT FOOD STAMPS & WIC
Surf Ultra Powdered
Detergent 40 id $3.99
Charmin Ultra Big Roll Toilet
Tissue 4 roil $ 1 .99
Champ Bit Size
Dog Food i6ib $2.99
Sugar
^ ^ ^ Reg. 1.69
12 o
Reg. 79<
Evaporated
Milk
.risco
Vegetable
Oil
48 oz,
Reg. 3.39
Van Camp's
Pork
Beans
■n'i2
1 5 oz,
Reg. 69 <
( PRICES EFFECTIVE 03/03/05 -03/09/05
V
NO SALES TO DEALERS • QUANTITY RIGHTS RESERVED
y
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Lewis, Shelley. Archer County News (Archer City, Tex.), No. 9, Ed. 1 Thursday, March 3, 2005, newspaper, March 3, 2005; Archer City, Texas. (https://texashistory.unt.edu/ark:/67531/metapth993593/m1/4/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Archer Public Library.