Featured Articles
The Home Office Deduction
If you are a business owner or self-employed and you use a part of your home exclusively and regularly as your principal place of business, or on a regular basis for inventory storage, you may be able to deduct some of your home expenses and reduce your tax bill. An employee that uses a part [...]
Statistical Data of Interest
The “4-Week Avg. U.S. Net Imports of Crude Oil” graph shows the U.S. has recently become a net exporter of petroleum products. Such has generated a lot of publicity and surprise of late, but one must keep in mind that this is NOT crude oil. As the “4-Week Avg. U.S. Net Imports of Petroleum Products” [...]
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Caveat Venditor (Seller Beware!)
Caveat Emptor — the Latin phrase for “Let the Buyer Beware” – has been the orientation of laws governing trade in English speaking Western countries for centuries. That is, buyers of goods bear the bulk of the burden to protect themselves from harm that could befall them in a purchase transaction. Maybe our forefathers were [...]
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September/October 2011 Issue of The Business Owner Journal Released
The September/October 2011 issue of The Business Owner Journal – the award winning how-to publication for owners of small and mid-size private companies – will be delivered to subscribers on September 1, 2011. It will contain straight-to-the point advice in the following areas:
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Higher Tax on Rich Would be Unfair? Unwise?
While the poor and the middle class fight the wars and struggle to make ends meet, the rich continue to get extraordinary tax breaks.
Many of the mega-rich wouldn’t mind paying more tax. They are being taxed at historically low rates and many of them don’t think they’re paying their fair share. Taxes should be raised on those that earn more than $1 million per year (237,000 people), and raised more still on people making more than $10 million per year (8,300 people).
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