Reminders. June 2024 Newsletter

Travel Insurance

Worldwide Coverage

Traveling abroad is an exciting experience, but unpredictable illnesses and accidents can happen. Most travelers assume they’re already covered by their standard medical plan—but that isn’t always the case. While domestic plans provide sufficient coverage at home, most are not designed to provide the coverage and assistance required for international travel.

Each plan within the Patriot Travel Series provides various levels of coverage for individuals, families, and groups who need temporary medical insurance while traveling for business or leisure anywhere outside of their home country. Ideal for international vacationers, relatives visiting from overseas, and international business travelers, each plan is designed to protect you in the event of an illness or injury when traveling abroad and provide medical benefits in case of emergency.

Choose the Patriot Plan that is more convenient to your needs and spend more time enjoying your international experience without worrying about medical coverage. If you are interested in traveling and seeking coverage, please reach out to me for further details.

Estimated tax payments

Pay attention to your cap

You must make estimated income tax payments if you reasonably expect your 2024 tax liability to exceed $1,000 after subtracting your Illinois withholding, pass-through withholding, and tax credits for individuals.

This includes sole proprietors, partners, and S corporation shareholders -- generally -- have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.

Corporations typically have to make estimated tax payments if they expect to owe tax of $500 or more when their return is filed.

FIND OUT MORE

il-1040-es.pdf (illinois.gov )

Federal Estimated tax payments

Estimated taxes | Internal Revenue Service (irs.gov )

f1040es.pdf (irs.gov )

THINGS TO REMEMBER

Hot Tips

A great app to use is MyChart to communicate with your doctors
Vaccinations/Immunizations are preventative medical needs that are covered 100% (for the list of immunizations please visit healthcare.gov or ask me for more information)
Be Active, Eat Healthy are good choices to make in 2024

If you have any questions or concerns, please do not hesitate to reach out to me, and I would be happy to guide you through your situation.