Suddenly, deficit is talk of the town
WASHINGTON, D.C. — All of a sudden, deficit reduction is the name of the game. It is as though someone flipped a switch on Nov. 2 and suddenly the one-trick pony that is politics in the nation’s capital is obsessed with the idea of balancing the federal budget. Not that I am complaining. As I Read More →
Read More →Deductions digitized: Software keeps tabs on your donations
It’s getting close to tax time, and as you start to organize your receipts to itemize your deductions, you run across notes of the thrift store donations you’ve made throughout the year: two bags of clothing, a box of books, a children’s bike, several kitchen appliances and your old couch. You know they’re worth something Read More →
Read More →Editorial: Bidding good riddance to the awful 1099 rule
The so-called “1099 rule” was a disaster waiting to happen. Happily, it is a disaster that looks like it will be averted. News shortly before Thanksgiving that the U.S. Small Business Administration was publicly opposing the rule seems to be the last nail in the coffin for this ill-conceived tax on entrepreneurship. As the Business Read More →
Read More →Fox tells VCEDA group state must improve business climate
The pain of the status quo will determine the pace of California’s reform effort. That’s the view of Joel Fox, head of the Los Angeles-based Small Business Action Committee. In a keynote presentation on Oct. 15 at the 40th annual Ventura County Economic Development Association business outlook conference, Fox said reforms take place in waves Read More →
Read More →Editorial: Jail tax a necessary pain
In Santa Barbara County, an unusually broad coalition is backing Measure S, a public safety initiative that would at last give the Santa Maria Valley a viable way to lock up criminals. There is no doubt that Measure S has a hefty price tag. It would increase the sales tax by half a cent for Read More →
Read More →