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Law School

Have you ever thought of going to law school?  Well just remember that law school expenses are not deductible, even for foreign-trained attorneys. A U.S. citizen in Germany took courses and got a license to practice law there.  Later, he returned to the U.S. and...

Smartphone competition

Apple and Samsung will shortly have more competition from China. China has cheaper smartphones coming, courtesy of manufacturers: Huawei, Xiaomi and ZTE. These companies apparently can churn out high-quality models for $300 or less. By comparison, Apple’s latest...

Annual Reviews

Do you have annual employee reviews?  Do you ever review your employees? In a new human resources trend, it seems that fewer companies doing annual reviews of employee performance. Already, 6% of Fortune 500 firms have ditched the process, and many more are likely to...

Technology

New proposed regulations will force small businesses to ramp up their IT spending, whether they want to or not. The biggest costs will come from necessary upgrades to their systems and their hardware in a bid to secure information and keep hackers. This has worked...

Revocation of S-Corp

At a recent seminar I was exposed to a concept that terrified me greatly.  There is a tax reform proposal that the GOP is working on for the 2017 fiscal year.  The revocation of all S-Corp elections! Never mind that the S Corps continue to be the most prevalent type...

I have been correct so far…

I speculated that there would be no Fed rate hike in September, but there will be one in December. So I am now in line with eighty-four percent of economists as surveyed by Bloomberg (woo-hoo).  They also expect an initial interest-rate increase in December, according...

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