Regardless of your political leanings it seems certain that the tax laws related to capital gains tax rates are going to be in flux. Some say 2013 will bring taxation on long term capital gains to levels equal to ordinary income tax rates. At a minimum the fiscal cliff and shifting political situation could well cause an increase in the tax rate on capital gains from the sale of a business.… Read more >
If you are a General Contractor, or a Sub Contractor who hires second tier subs, the risk for failures of the payment process down the supply chain is yours to manage. How well you do this and keep the work flow moving forward determines if the end result is a successful and profitable project. … Read more >
I am not an economist but from a practical perspective, I believe the current extremely low interest rate environment is actually causing higher unemployment, directly in contrast to the Fed’s mandate.
What ? How? Are you nuts?
In my conversations with Baby Boomers I have noted a reluctance to retire. Many of the boomers were slammed hard by the housing bubble and the subsequent dramatic fall in the stock market. … Read more >