The State of California is in economic disarray. A conference committee on the state budget produced a spending plan that calls for an $8.2 billion tax increase, primarily on business and high income earners. It adds approximately $4 billion more in spending than the "Governator" recommended. Here are the highlights of the plan:
Continue reading "California Democrats Propose $8.2 Billion Tax Increase" »
Small business veterans may differ on politics, taxes, management styles and even on business models. But one thing they generally agree on is this: the business world is a dangerous place.
In business, there is potential trouble literally everywhere –contracts, product liabilities, employee problems, intellectual property mistakes, etc. - clogging our courts with litigation and costing small business billions of dollars. Too often, those costs reach beyond just the business world and find the pocket of unwary entrepreneurs that failed to grasp the value of protecting themselves by incorporating. But choosing the right type of business entity to gain the protection you need can be a real challenge.
Continue reading "11 questions that can help you choose the best business entity for you" »
