Increased Long Term Care Insurance Tax Deduction Limits Announced

The American Association for Long Term Care Insurance, a national trade group, announced approval of increased tax deductions for long term care insurance policies purchased in 2014.

Los Angeles, CA, November 01, 2013 – The American Association for Long Term Care Insurance, a national trade group, announced approval of increased tax deductions for long term care insurance policies purchased in 2014.

“For taxable years beginning in 2014, the limitations have been increased again by the Internal Revenue Service,” explains Jesse Slome, executive director of the American Association for Long Term Care Insurance. “Tax advantaged long term care insurance remains one of the few remaining significant tax-savings benefits especially meaningful for small business owners.”

The deductible limits under Section 213(d)(10) for eligible long-term care premiums includable in the term ‘medical care’ are as follows:

Attained Age Before Close of Taxable Year

2013 Deductible Limits

2014 Deductible Limits

40 or less

$360

$370

More than 40 but not more than 50

$680

$700

More than 50 but not more than 60

$1360

$1400

More than 60 but not more than 70

$3640

$3720

More than 70

$4550

$4660

Source: IRS Revenue Procedure 2012-41 (2013 limits) and 2013-35 (2014 limits)

In addition, according to Slome, the per-diem limitation under Section 7702B(d)(4) for periodic payments received under a qualified long term care insurance contract have been increased for 2014 to $330 (the 2013 limit is $320).

The Long Term Care American Association for Long Term Care InsuranceInsurance is the national association serving insurance and financial professionals who provide long-term care financing solutions. A complete explanation of long term care insurance tax deduction limits and rules for individuals and business owners can be found on the Association’s website. Consumers interested in a no obligation long term care insurance cost comparison can call the Association at (818) 597-3227 or request an online appointment with one of the organization’s designated long term care insurance specialist members.

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AuraPortal Creates AuraPortal Cloud to Offer IaaS and SaaS Services to any Organization

AuraPortal Cloud Computing enables any entity to enjoy the benefits of the best Business Process Management (BPM) software, with the fastest and safest hardware, without any investment or maintenance worries and at a very affordable price.

Woburn, MA, October 31, 2013 – AURA (www.auraportal.com), a global provider of Business Process Management (BPM) software, has announced the creation and launch of its sound Cloud Computing structure.

This will enable any type of organization, public or private, to undertake BPM implementation projects through the AuraPortal.(*) suite without the usual structure and investment concerns inherent in such projects, and with the software licenses included in the service.

AuraPortal has been distinguished with great advantage over its competitors by Ovum in its Decision Matrix (2011) report and by other renowned analyst firms.

The idea of the Cloud is simple: It consists of adopting for the computing services the same model used in utilities services.

In the same way that an electricity user simply plugs in a cable to obtain power supply without bothering whatsoever about the cost and knowledge required to build and manage power plants and distribution grids, a company will be able to manage its processes with the AuraPortal BPM suite by simply connecting to Internet from any browser; and what is more, this allows complete mobility as AuraPortal can be accessed from any tablet or smartphone, without having to think about hardware or software requirements.

After several years of development and fine tuning, Cloud Computing is rapidly becoming the latest and unstoppable trend for the use of software applications, now that it is clear that the questions about access, security and reliability have been overcome.

Whatever the level of service, the user does not have to invest in hardware or software, AuraPortal handles all the necessary investments.

ABOUT AURA (http://www.auraportal.com)
AURA is a global BPM (Business Process Management) software provider delivering a solution that creates, without the need of IT programming, Business Process Workflow Execution Models. AuraPortal is 100% Web-based, and is complementary to existing ERP and CRM systems.

AURA has a presence in 40 countries with more than 300 customers including, among others: Walmart, Toyota, General Motors, Pemex (Petroleos Mexicanos), Carrefour, ArcelorMittal, PepsiCo, Coca-Cola, Danone, INCAE, Kimberly-Clark, Yamaha,Royal KPN, Bristol-Myers Squibb, etc., as well as many Government Agencies and Departments in several countries. All of these customers benefit from maintenance contracts.

Its headquarters are in Europe (Spain and Holland) with an executive branch in North America (Florida). It also has offices in several countries and a vast network of partners who locally attend customers throughout the world.

Contact:
John Charles
AuraPortal
400 Trade Center
Woburn, MA 01801-7472
978-808-6340
john.charles@auraportal.com
http://www.auraportal.com

Ecotech Institute to Collect Old Electronics as Part of America Recycles DaySM on November 15

Ecotech Institute’s Celebration will also include an art and upcycling contest

Denver, Colorado, October 31, 2013 – On November 15, Ecotech Institute will host an electronics drop off station, accepting old electronics such as TVs, computer monitors and printers. This recycling event joins thousands of others across the country in celebration of America Recycles Day. This is a national initiative by Keep America Beautiful and the only nationally recognized day dedicated to promoting and celebrating recycling in the United States. This year’s theme, “I Want to Be Recycled,” was developed to educate people about the importance of recycling and its impact on our economy and environmental well-being, as well as motivate occasional recyclers to become everyday recyclers.

At Ecotech Institute’s celebration, electronics will be collected at the school at 1400 S. Abilene Street in Aurora, from 8 a.m. to 5 p.m. In addition to the collection center, Ecotech Institute students will take part in an upcycling contest, giving them a chance to show off their creativity by creating upcycled outfits. This could include creating outfits from recyclable materials such as plastic bags, newspaper, garbage bags, aluminum foil and many other items.

“We are very proud supporters of Ecotech Institute’s America Recycles Day event and commend their efforts to promote recycling in the Denver area,” said Brenda Pulley, Senior Vice President of Recycling at Keep America Beautiful and national program manager for America Recycles Day. “Recycling is the easiest thing we can all do to improve our community, conserve natural resources and create green jobs. Collectively, through events like these, we aim to make recycling bigger and better 365 days a year.”

Ecotech Institute is also hosting an art contest for elementary students. Artwork can be dropped off at the school, 1400 S. Abilene Street, for consideration or emailed to Zhanna Stavina at zhanna.stavina@ecotechinstitute.com. Ecotech Institute will use this year’s winning artwork as the logo for next year’s America’s Recycles Day celebration.

“Recycling is something many people take for granted, but it’s a simple act that has tremendous impact,” said Kyle Crider, Ecotech Institute’s Manager of Environmental Operations. “For example, making cans from recycled aluminum actually uses 95 percent less energy than non-recycled materials.”

The national recycling rate is currently at 34.7 percent. Recycling 75 percent of the nation’s waste would create nearly 1.5 million jobs by 2030, according to a report by the Tellus Institute with Sound Resource Management.

For more information about Ecotech Institute’s America Recycles Day celebration and cleantech programs offered by the school, visit www.ecotechinstitute.com/americarecyclesday.cfm.

About Ecotech Institute:
Ecotech Institute is the first and only college entirely focused on preparing America’s workforce for careers in renewable energy and sustainability and is accredited by the Accrediting Council for Independent Colleges. Launched in April 2010 in Denver, Colorado, it offers eight highly practical renewable energy degree programs that provide graduates with skills valued by today’s alternative renewable energy employers. Classes start once per quarter and applications are always accepted. Financial assistance is available to those who qualify. Ecotech Institute is a division of Education Corporation of America. For more information about Ecotech Institute, visit ecotechinstitute.com or call 877-326-5576.

About America Recycles Day:
America Recycles DaySM is a national program of Keep America Beautiful, and is the only nationally recognized day and community-driven awareness event dedicated to promoting and celebrating recycling in the U.S. Since its inception in 1997, communities across the country have participated in America Recycles Day on November 15 to educate, promote environmental citizenship, and encourage action. Learn more at AmericaRecyclesDay.org.

About Keep America Beautiful, Inc.
Keep America Beautiful is the nation’s leading nonprofit that brings people together to build and sustain vibrant communities. With a strong national network of 1,200 affiliates and partners including state recycling organizations, we work with millions of volunteers who take action in their communities. Keep America Beautiful offers programs and engages in public-private partnerships that help create clean, beautiful public places, reduce waste and increase recycling while educating generations of environmental stewards. Through our actions, we help create communities that are socially connected, environmentally healthy and economically sound. For more information, visit kab.org.

Contact:
Jenny Foust
Communications Strategy Group
3225 East 2nd Avenue
Denver, CO 80206
303-433-7020
jfoust@csg-pr.com
http://www.csg-pr.com