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WHAT ENTREPRENEURS NEED TO KNOW BEFORE FILING TAXES
That dreaded time of the year is almost upon us: tax season. While tax season can be a financial headache for many small business owners, it’s especially difficult for newly minted entrepreneurs. Filing errors can affect a firm’s financial health for months and sometimes even years to come. Here are a few tips to avoid […]
Read More →City Council Agenda For Tuesday, May 10th
City Council meeting tonight at 5:30 at 200 Civic Center Drive, Vista, California. As always, it is a full agenda. A few items of action are listed here. The link to the full agenda is at the bottom of this page. Innovate 78 Economic Development Initiative MOU & Agreement The 78 Corridor Cities of Carlsbad, […]
Read More →How Come We Pay Taxes
HOW COME WE PAY TAXES A tax is a mandatory fee imposed by the government or other similar organization. If you’ve ever noticed that the price of something you buy at a store upon checkout is higher than the listed price, then you’ve just witnessed a sales tax that your state charges. In the same […]
Read More →Replacing the Income Tax With a National Sales Tax
Elizabeth MacDonald – Another argument against the federal income tax is that taxing income decreases productivity and hurts job growth, as small business formation has been cut in half since 1978, while tax rates and complexity have steadily risen. Small businesses have been the driver of job growth in the U.S. Look to Venezuela, […]
Read More →Big taxes + big spending cuts = California budget surplus
California’s finances are golden again. After multi-billion dollar shortfalls in recent years, the state’s budget has finally straightened out. California expects to take in $2.4 billion more in revenue than it will spend this fiscal year, which ends June 30. After paying off a shortfall from last year and setting aside funds for upcoming obligations, […]
Read More →Obamacare to Add ‘Significant Complexity’ to Tax Season – H & R Block CEO
H&R Block CEO says Obamacare to add ‘significant complexity’ to tax season The top executive for H&R Block, the nation’s largest tax preparer, on Wednesday said he expected President Obama’s health care law to add “significant complexity” to next year’s tax season. Speaking on H&R Block’s quarterly earnings conference call, CEO William Cobb said that the company was already taking […]
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