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Government and Economy The Real U.S. Corporate Tax Bill A new study commissioned by BusinessWeek shows that Corporate America pays the IRS anywhere from zero to 400% of income. Where does your business fall on that line? BusinessWeek.com Banking Industry Bracing for Stress Test Results In a slow-motion move designed to blunt market reactions, federal regulators will soon tell the banks—privately—the results of their stress tests and to release the test methodology, which could point to the banks that may be in trouble and alarm depositors and investors. The results will be r...
By Charles M Cooper · April 24 2009 small business brief, marketing, small business, economy
Government and Economy Obama Meets with Credit Card Industry—Wants to End Deceptive Practices Executives from the nation's credit card issuers met with President Obama, who is pushing for consumer protections that go beyond proposals approved yesterday by a US House committee and rules issued last year by the Fed, to argue against new limits on fees and interest rates. Bloomberg.com BofA's Lewis: Feds Pushed Merrill Purchase According to New York's attorney general, federal officials pressured Bank of America Corp. CEO Ken Lewis with threats to his job security to complete the bank's purchase of Merrill Lynch. Breitbart.com
By Charles M Cooper · April 23 2009 small business brief, marketing, small business, economy
Tips from Wednesday, April 22, 2009 The Small Business tips today will be about print advertising. It’s still a valuable means to promote your business! Newspaper advertisements are a great way to target a local population. Write a letter to your newspaper editor. A personal story or recommendation is your best newspaper advertisement. Direct mail is still effective if you're clear, concise and offer a respectable incentive along with it. Try yellow pages and magazines for promotions planned well in advance. Daily Overview: Use the old, tried but true methods of print marketing in a way that addresses this instant-results society.
By Kim Fenolio · April 22 2009 small business tips, marketing, small business, Advertising
Government and Economy Freddie Mac CFO Dies—Police Investigating Probable Suicide Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said. Bloomberg.com Lenders Still Cool Toward Small Business According to NFIB survey data, in March, fewer small businesses reported that their borrowing needs had been met during the previous three months than at any point since well before the recession began. USNews.com Management and Financial Issues...
By Charles M Cooper · April 22 2009 small business brief, marketing, small business, economy
Government and Economy Stimulus Sought for Equity Financing With equity investments in new companies drying up, venture capitalists and angel investors are pushing the federal government for financial relief and to open up to them small business programs traditionally reserved for noninvestor-backed businesses. WSJ.com Internet Sales Tax Coming? House and Senate bills expected to surface in the next week could eliminate the "physical presence" requirement in the tax law that has, thus far, kept the various levels of government from levying sales taxes on the Web. BusinessWeek.c...
By Charles M Cooper · April 21 2009 small business brief, marketing, small business, economy
Government and Economy House Small Business Chair Wants IRS to do More for Small Business Rep. Nydia Velázquez (D-NY) says the IRS should do more to help small businesses get on top of their taxes including education, payment flexibility, and faster refund processing. USNews.com Bank Bailout to Equity Shares The Obama Administration has determined that they can keep the banking system going without having to ask Congress for more money by turning the debt into common stock in the banks. MSNBC.com
By Charles M Cooper · April 20 2009 small business brief, marketing, small business, economy
Government and Economy IMF Sees Parallels Between Today and the Great Depression In spite the unprecedented steps already taken by central banks and governments across the globe, the International Monetary Fund is warning world leaders of "worrisome parallels" between the current global economic crisis and the Great Depression. Telegraph.co.uk Is Bland Affluence Giving Way to Authenticity Chic? Americans seem to be looking for simpler—and cheaper—ways to live. Columnist Peggy Noonan explores what may be a growing trend toward an easier way of life. WSJ.com Management and...
By Charles M Cooper · April 17 2009 small business brief, marketing, small business, economy
Government and Economy Has the US Become the New Russia? In the May issue of the Atlantic Monthly, Simon Johnson, former chief economist at the IMF and a professor at the Sloan School of Management at MIT compares the “financial oligarchy” running US policy with the business elites in emerging countries. FT.com SBA Lending Assistance Stalling T he parts of the federal government's stimulus program aimed at small-business owners aren't working as they should, say local owners and small-business experts who are trying to figure out what to do about the problem. Management and Fina...
By Charles M Cooper · April 16 2009 small business brief, marketing, small business, economy
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