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Borrow Your Way to a Lower Tax Bill

by Mike Periu on May 22, 2013

in Small business

It’s not likely the first thing that comes to mind when looking to lower your taxes, but borrowing money (the right way) can save you thousands. Taxes are going up. Way up. Starting this year and continuing through  2018, a series of taxes on earned income, investment income, payrolls  and [...]

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How far would you go to save your business? If you’ve spent any time thinking about this question, you’ve likely formulated an answer along the lines of “I’d go as far up to the line as possible, but I wouldn’t cross it.”
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John Bogle founded The Vanguard Group in the 1970s and built it into the second largest mutual fund company in the world with current assets of $2 trillion. Bogle is also largely responsible for making Index Funds available to small investors.
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Thumbnail image for Is Advertising Dead? The Story The New York Times Missed

Is Advertising Dead? The Story The New York Times Missed

The New York Times Company acknowledged Thursday that the advertising-based business model that served it so well for over a century is dead. Weak earnings forced the company to develop a strategy that will rely more on subscription fees and paid content.
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Who is Really Paying That $1M+ Salary?

A key benefit of owning your own business is the ability to enjoy fully the fruits of your labor. Entrepreneurship is one of the main ways to achieve financial independence. But some people, however, are taking issue with the high levels of compensation paid out at some small businesses.
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Thumbnail image for Hiring Undocumented Workers To Gain A Competitive Advantage?

Hiring Undocumented Workers To Gain A Competitive Advantage?

As the debate over immigration reform intensifies, it looks more likely that small business owners will play a key role in the final outcome. Much of the focus is on undocumented immigrants who are not authorized to work in the U.S.
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Thumbnail image for Nuevas regulaciones protegen a latinos al momento de financiar un vehículo

Nuevas regulaciones protegen a latinos al momento de financiar un vehículo

Cada mes se venden casi 1 millón de vehículos nuevos alrededor del país. Estas ventas significan miles de millones de dólares para los concesionarios. Muchos de los compradores son latinos que representan 1 de cada 10 compradores de autos nuevos.
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Thumbnail image for If You’re in Debt to the IRS, Be Wary

If You’re in Debt to the IRS, Be Wary

One of the scariest types of correspondence that a small-business owner can receive is a request from the IRS for more information. In many cases, this could lead to an audit which requires payment of back taxes, interest and penalties.
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Thumbnail image for Battle Over Lower Tax Rates Takes a Sudden, Unexpected Turn

Battle Over Lower Tax Rates Takes a Sudden, Unexpected Turn

For decades, business groups have advocated for lower corporate tax rates. At least a few times a day I hear the common refrain that “the U.S. has one of the highest corporate tax rates in the world.”  This statement isn’t false, but it isn’t exactly true either.
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Thumbnail image for Gasta menos y disfruta más la primavera

Gasta menos y disfruta más la primavera

¡La primavera finalmente ha llegado! Después de un invierno largo y difícil, la mayoría de personas desea aprovechar el buen clima y salir a comer, viajar, conocer gente y más. Si bien no hay nada malo en ello, salir con más frecuencia por lo general significa gastar más dinero.
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