Stan Choe, Ap Business Writer Updated 2:20 pm PDT, Thursday, October 4, 2018 FILE- In this Jan. 19, 2017, file photo a customer crosses the street while leaving a shop along the main business district in Prairie du Chien, Wis., in Crawford County. Rising interest rates are already starting to bite into some businesses’ bottom lines, and the effect is likely to get stronger as the Federal Reserve continues to raise rates amid the strong economy. The Fed made its latest move last week, raising its benchmark rate by a quarter of a percentage point, and economists expect one more increase in December and at least a couple more next year. less FILE- In this Jan. 19, 2017, file photo a customer crosses the street while leaving a shop along the main business district in Prairie du Chien, Wis., in Crawford County. Rising interest rates are already ... more Photo: David Goldman, AP … [Read more...] about Signs emerge that rising rates could hinder small businesses
Small business help with taxes
Swapping business rates with land value tax would aid Britain’s Brexit heartlands, research claims
REPLACING hated business rates with a land value tax would help Britain’s Brexit heartlands the most, a major review will say today. Landowners would be taxed instead of tenants under proposals to scrap the rates-based system put forward in a joint report by ex-Business Secretary Sir Vince Cable and economist Adam Corlett. They say it will deliver a huge income boost to England’s “left behind” communities who overwhelmingly backed Brexit in the 2016 referendum. The move would deliver a 21 per cent tax cut for businesses located in the top 20 areas with the highest share of Brexit voters. This compares to the nationwide average tax cut of 6 per cent. It would also help to rebalance the north-south divide, with London and the South East seeing small tax rises while the rest of the country - 92 per cent of areas - would get tax cuts of up to 46 per cent. This is because of the much higher value of land in London and the South East. The “commercial landowner … [Read more...] about Swapping business rates with land value tax would aid Britain’s Brexit heartlands, research claims
Small business owners give Colorado Springs a thumbs up in latest Thumbtack survey
Colorado Springs ranks as the nation’s fourth-friendliest city for small business, says the seventh annual survey released Tuesday by Thumbtack.com, a San Francisco-based online consumer service.It’s the latest in a series of accolades the city has received from national publications, news organizations and web-based services. Last month, U.S. News & World Report ranked Colorado Springs as the nation’s most desirable place to live, and earlier in the year it listed the Springs as No. 2 among best places to live.In Thumbtack.com’s 2018 survey, Colorado Springs’ No. 4 ranking out of 57 cities was a marked improvement from last year, when it ranked No. 37 out of 80 metro areas. The Springs also received an overall grade of A+ this year, up from a B in 2017.This year, Thumbtack.com ranked cities and states in nine areas of performance based on 7,629 responses from small business owners and operators across the country, though only 32 respondents were from … [Read more...] about Small business owners give Colorado Springs a thumbs up in latest Thumbtack survey
To draw workers, employers offer to help with student loans
By Ann Carrns Published 12:04 pm PDT, Thursday, July 5, 2018 Photo: Minh Uong / New York Times Image 1of/1 CaptionClose Image 1 of 1 As educational debt continues to mushroom, companies are starting to offer student loan payment benefits, in part to attract and keep workers in a strong economy. Americans collectively owe more than $1.5 trillion in student loans. less As educational debt continues to mushroom, companies are starting to offer student loan payment benefits, in part to attract and keep workers in a strong economy. Americans collectively owe more than $1.5 ... more Photo: Minh Uong / New York Times To draw workers, employers offer to help with student loans 1 / 1 Back to Gallery As educational debt continues to mushroom, younger workers often have to choose between paying off their student loans … [Read more...] about To draw workers, employers offer to help with student loans
Lingering limbo: Businesses uncertain about tax law impact
Joyce M. Rosenberg, Associated Press Published 12:00 am, Sunday, May 27, 2018 Photo: Jim Mone, STF / Associated Press Image 1of/1 CaptionClose Image 1 of 1 Mike Kaeding’s company owns this apartment complexes in Blaine, Minn. Kaeding is the president of Norhart in Forest Lake, Minn. Mike Kaeding’s company owns this apartment complexes in Blaine, Minn. Kaeding is the president of Norhart in Forest Lake, Minn. Photo: Jim Mone, STF / Associated Press Lingering limbo: Businesses uncertain about tax law impact 1 / 1 Back to Gallery NEW YORK — Five months after massive federal tax changes became law, many small business owners still don’t know whether they’ll be winners or losers. Mike Kaeding would like to know how his real estate development and management company will be affected by … [Read more...] about Lingering limbo: Businesses uncertain about tax law impact