When it was reported recently that Apple has avoided paying U.S. corporate income taxes on tens of billions of dollars by claiming the money really belonged to its Irish subsidiary, the hope was that Congress would use the revelation to seriously look at closing these tax loopholes used by multinational corporations. But, of course, our …
The clock is ticking and your personal tax filings are due on Monday. If you are like me you asked for an extension on your business tax filing that was due before this (S-corps and LLCs). So as you rush to get the taxes done or are checking with your tax preparer to see how …
Clocks ticking. Do you know where the multinational profits are? Read More »
Now we count down by the hour to the automatic across the board federal spending cuts and the negative impact on the economy. Small businesses will be particularly hurt when money starts leaving Main Street. But don’t expect any sympathy from the U.S. Chamber for the plight of small business (even though it says that …
The end of the fiscal cliff saga has launched the next drama in Washington over spending and revenue. You are going to hear a lot about how the federal government must live within its means and thus programs ranging from defense to healthcare must be cut. “We’re broke” many in congress have and will tell …
States and communities in many areas of the country are gearing up to protect their military bases from closures expected. The reason given for the closures is the need to reduce the nation’s defense budget by $600 billion to address the country’s debt problem. South Carolina has a Military Base Task Force that will try …
Military base closures and corporate taxes . . . time to connect the dots Read More »
First screening in South Carolina April 25 “We’re Not Broke” is a timely independent film documenting big corporations hiding over a trillion dollars from Uncle Sam. The film was selected to be screened at this year’s Sundance Film Festival as well as the film festivals in Boston and Dallas. **Public screening will be April 25 …
