The Obama Administration has proposed a 2011 federal budget intended to steer the economy toward recovery and create new sources of revenue to reduce our country’s deficit. If enacted, the tax proposals in the budget would affect individuals, businesses, and estates. Individual Provisions Perhaps the most wide-reaching provision in the budget proposal allows the maximum … Read more
Attending the unsuccessful results through the Spanish Law 3/2004, of December 29th, where measures were established against late payments in commercial transactions, new changes have been introduced in order to establish a Maximum Period for payment in these commercial transactions between companies or even with the Public Administration. With these changes introduced by Law 15/2010, … Read more
Despite numerous federal efforts to make bank loans available to small business owners, bank lending is still extremely low and merchant loans are still serving as an excellent alternative. In the last five months, the 22 biggest Tarp recipients have cut their outstanding lending balances by billion, according to Catherine Clifford of CNN Money. These … Read more
Do you have a dream of running your own business, but can\’t think of where you\’ll get the money? Almost every small business owner faces this problem as they try to open as store. Finding funding sources is very difficult in these times, especially since banks are becoming tighter in their lending practices. Here are … Read more