Web Exclusives - Finance
Seven reasons why small businesses should export
By Daniel HannaherWhile many small businesses are in “survival” mode during the current economic downturn, there are still strategic decisions that can be made today which may have a positive impact on this year’s bottom line.
Small businesses account for 30 percent of all U.S. exports—a staggering $300 billion per year. The fastest…
02.18.2010Estate tax repeal: benefit or burden?
By Kami PomerantzOn Jan. 1, a one year repeal of the federal estate tax, the generation-skipping transfer (“GST”) tax, and a reduced tax rate for lifetime gifts went into effect. On Jan. 1, 2011, the federal estate tax and GST tax will be reinstated and the gift tax rates will be increased.…
02.17.2010Small business owners—read this!
By Wayne FarlowA recent Wall Street Journal article stated that with unemployment hovering at 10 percent, about 20-23 percent of all US workers are now self-employed. If you have self-employment income or own a small company, it is important to be aware of the tax saving options available through retirement plans.
We…
02.11.2010The great bank and credit card backlash
By Thomas FreyRecent attempts by Congress and the Federal Reserve Board to curb the excessive fees being charged by credit cards, banks, and finance companies have resulted in a punitive industry response with interest rates and fees climbing in almost every category. This action has resulted in nothing short of a full-scale…
02.04.2010GBank—ticket to a global vision
By Thomas FreyCreativity is coming from unusual places these days. I snipped this from David Levinson’s blog post dated Feb 13, 2008, one of the earliest mentions of this topic (http://bit.ly/ma1Ur):
“I’m proposing a National Infrastructure Reinvestment Bank that will invest $60 billion over ten years. This investment will multiply into…
02.02.2010Your investment adviser: consultant or advocate?
By John TrujilloRecent market activity has forced individuals to closely examine their investment strategies. Not only has the volatility provided an opportunity for people to evaluate how much risk they can withstand, it has also reminded them that financial health must be constantly assessed. However, another important question that must also be…
01.31.2010Turn your balance sheet into an ATM
By Joanne BaginskiCash-strapped business owners aren’t the only ones suffering these days. Let’s have a little sympathy for bankers.
As a business owner, you may be distressed by tight credit but so is your banker. Bank officers used to attend networking meetings to make deals, recruit new customers and lend money. Now…
