On October 23, 2013 Rep. Marcy Kaptur asked for permission to address the United States House of Representatives for a few minutes regarding JP Morgan Chase $13 billion dollar settlement with the government and the issue of fraudulent mortgage securities. ” The greatest power a banker has is to create money. Banks can also abuse that […]
Starting a Business? Here’s What to Do With Your Personal Finances
Starting a business is a whirlwind not just emotionally but also financially. There’s a lot to do and a lot to learn. As you take on the challenge, you can’t let your personal finances slip. Many business lenders require a personal guarantee. Even if yours doesn’t, you don’t need the additional stress. Building a business […]
5 Tax Breaks You Weren’t Thinking of For Your Small Business
Small business owners everywhere know the importance of running a tight ship. Rent, labor, and operating costs all hit smaller companies the hardest, so keeping cash drainage to a minimum is key. Tax breaks, deductions, and credits are crucial for keeping small operations afloat. As helpful as these can be, they also have a […]
Advantages of Choosing on Onshore vs Offshore Jurisdiction for Opening a Business
Investors looking to set up companies in order to protect their assets have various types of structures they can use, however, they can also choose between onshore and offshore jurisdictions when it comes to ensuring a favorable taxation system. Once more popular than onshore states, offshore jurisdictions are now starting to offer similar business registration […]
What Standards Must You Meet When Starting Your Own Business?
Entrepreneurs are constantly thinking of new business ideas. However, when starting a business, whether you’ve been part of a start-up previously or not, you often overlook the important factors when it comes to setting up an office. From health and safety rules and regulations, to licenses, it’s crucial that you cover all the necessary points […]
How Trump’s Tax Reform May Affect Your Taxes
Tax season isn’t everyone’s favorite time of the year, but don’t let a new reform overwhelm you. President Trump’s Tax Reform Act was passed on December 22nd, 2017. The Act is designed to cut income tax rates, it doubles the Standard Deduction, and eliminates many personal exemptions. The individual changes became effective January 1st, 2018, […]
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