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Kiplinger 2012 Economic Outlook
From http://www.kiplinger.com/businessresource/economic_outlook/index.html?si=1 The U.S. economy will grow about 2% in 2012, roughly the same as in 2011, enough to avoid another recession but not enough to make much of a dent in unemployment. Faster growth in the second half of 2011 will rescue the U.S. from a downturn, and shows that pent-up consumer demand and business […]
CFOs Prefer a Simpler Tax Code, Even if They Don’t Save
From CFO.com: CFOs Prefer a Simpler Tax Code, Even If They Don’t Save New Duke University/CFO Magazine Global Business Outlook Survey finds finance executives united in their desire for tax reform. Kate O’Sullivan, CFO Magazine There are many points on which most finance chiefs disagree with the country’s chief executive, President Obama. But they are united […]
2012 Predictions from the Center Mid-Field (CMF)
From CMF Associates in Philadelphia: November 3, 2011 2012 Predictions from the Center Mid-Field (CMF) Economic Predictions U.S. unemployment ↓from 9.0% to 8.7% U.S. GDP ↑ from 1.4% to 2.4% Fed funds rate will remain unchanged at 0.1% Ten-Year Treasury Note rate will ↑from 3.0% to 3.8% Savings Rate ↓ from 5.2% to 4.5% Budget […]
Important Tax Alert
From friend of the firm, Marvin Blum, The Blum Firm, PC: IMPORTANT TAX ALERT! Although we have been hoping that there would be no major tax law changes until December 31, 2012, we are now concerned that significant changes could take effect before the end of 2011. Last month, Congress voted to increase the nation’s […]
Entrepreneur Educates Academic
Great article from Bloomberg by a Yale professor. His encounter with a small business owner helps him understand what a limited perspective many academics have regarding the real world of entrepreneurs. http://www.bloomberg.com/news/2011-05-26/carter-economic-stagnation-explained-at-30-000-feet.html Carter: Economic Stagnation Explained, at 30,000 Feet By Stephen L. Carter – May 26, 2011 The man in the aisle seat is trying to tell me […]
Business Community on Notice with OSHA
From the Fort Worth Business Press: http://www.fwbusinesspress.com/news/law/Business-community-on-notice-with-OSHA.html Business Community on Notice with OSHA Karen Coomer Denney and Matthew Deffebach When it comes to Occupational Safety and Health Administration (OSHA) enforcement, the business community has been placed on notice. Here is what Hilda Solis, the secretary of labor, told a convention of safety engineers: “Make no mistake about […]
Limited Lame Duck Produces Mixed Bag of Results for Small Business
From the National Federation of Individual Business (NFIB) MyBusiness Magazine: http://www.nfib.com/mybusiness-magazine/myvoice-in-dc ***** As the 111th Congress adjourned, there was finally some good news on tax rates and federal spending. For the past year, small business owners have pleaded with Congress to give them some certainty on taxes, and the results of the November 2nd election […]
Bill Filed to Permanently Extend Small Business Franchise Tax Exemption
From Texas State Representative Phil King’s web site: King Files Bill Permanently Extending Small Business Tax Exemption Contact Information: (817) 596-8100 January 3, 2010 State Representative Phil King (R-Weatherford) this week filed HB 476, a bill that will protect small businesses in Texas by permanently extending the small business franchise tax exemption. “Protecting small business […]
Estate Planning after 2010 Tax Act
Analysis from Marvin Blum, The Blum Firm, P.C.: The 2010 Tax Act: What You Need to Know Now The best holiday gift you get this year may just be the new “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010,” signed into law last week. The law contains more taxpayer favorable provisions than […]
Small Business Groups Fight Regulatory Burdens
Business steps up fight against ‘regulatory tsunami’ The Business Journals – by Kent Hoover Date: Tuesday, November 23, 2010, 10:51am EST More than 40 major new rules were issued by the Obama administration during fiscal 2010, costing the economy at least $26.5 billion, according to government estimates. The actual cost is much higher, according to […]
