Most hardworking Americans recognize this software giant’s name because it’s become widely known for its TurboTax software. Many of us have found it to be highly reliable, especially when we’re computing earnings and losses for our own businesses. Yet Intuit, first founded in 1983, continues to try and develop a host of new products and …
Useful Stock Market Terminology
As noted in the article preceding this one which addresses general stock market terms whose first letters fall between the letters A – L, it can take a bit of time when you’re new to buying and trading corporate stocks to finally feel comfortable with all of the new terminology. However, once you start using …
Why Your Company Should Always Treat Departing Employees With Respect
Apart from the basic importance of always treating others in a professional manner since it reflects more positively on you and your company, it’s also wise for other reasons that we all often forget. For example, the person leaving your employee today could one day be running a large company you may be very eager …
Top 10 U.S. Companies Involved in “Inversions”
Just about every individual taxpayer wants to believe that corporate America is willing to pay its fair share of annual taxes to the government. Unfortunately, “profits” still seem to be the major driving force of most companies. They often simply refer to their fiduciary duty to provide stockholders with a maximum return on their investment …
The Types of Harm Caused by Insider Trading
Many people who own a considerable amount of corporate stock claim that “insider trading” causes minimal damage. However, this type of illegal behavior often sets off a negative ripple effect that impacts all Americans since everyone’s finances are tangentially affected by the stock market. As most of us know, “insider trading” involves using confidential information …
The Legal and Financial Advantages for Traditional Corporations
Many large companies that employ numerous employees decide to establish themselves as traditional (or “C”) corporations. This reference to the letter “C” simply refers to Subchapter C of Chapter 1 of the Internal Revenue Code – that’s “where you find general tax rules affecting corporations and their shareholders.” Although running a corporation is a …
Silicon Valley: The Past, Present, and Future
When someone talks about places like Wall Street and the Silicon Valley, we often never stop and wonder how they came into being. Yet like all highly developed areas, they didn’t just spring up fully ready for business. In the case of the Silicon Valley, the area was actually first covered by fruit orchards back …
The IRS, Your Business, and Employee Identification
The IRS naturally wants to keep accurate track of everything each person and business earns in America. One of the most efficient ways it can achieve this is to require most larger businesses to obtain what are frequently referred to as either TINs (taxpayer identification numbers) or EINs (employer identification numbers). Most Corporations, Partnerships and …
Four Basic Steps for Statutory Mergers
Stated simply, a statutory merger occurs when two corporations join together but only one of them continues to exist as a legal entity. While the steps to creating a statutory merger are not complicated, they must be precisely followed, in keeping with each specific state’s governing legislation. …
Resources for American Companies Doing Business in Russia
As more and more government officials, scholars, and others weigh in, it appears that a new type of cold war has developed between America and Russia. Right now, it’s difficult to know if it will keep growing or what repercussions may develop, especially in light of the Ukraine situation, the tragic passenger airline that was recently shot down, and …
The Advantages of Hiring Disabled Workers
Oddly enough, disabled workers often experience as many problems as ex-cons and the elderly when it comes to securing gainful employment. Part of this problem stems from worries that the disabled will require highly expensive workplace accommodations. Also, many employers fear that the disabled will often be absent frequently due to their various health issues. …
Forbes Ranks America’s Franchise Chains
Franchises give many Americans the opportunity to become their own bosses and determine how well they can run a competitive business. In a nutshell, they continue to heavily impact the nation’s economy. According to a article published by Forbes, “an estimated 770,000 franchise establishments will employ 8.5 million Americans and create $840 billion in output.” Whether you …
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