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Showing posts from December, 2007

Crazy California Tax for LLC's

Everything is taxable in California. The California Franchise Tax Board (FTB) takes a very agressive position on when a LLC needs to be registered in California. Their view is if a member of the LLC makes one decision for the LLC, writes or signs one check for the LLC, makes one phone call regarding the LLC and anything else you can think of while that members is in California then that LLC has to be registered in California and file LLC tax returns with California. That is a totally ridiculous position. Next, they will try to tax business owners as they fly over the state!

This is all part of the "Nexus" fight where States tax out of state businesses.

New Jersey Ends Death Penalty!

New Jersey Ends Death Penalty!

The State of New Jersey Assembly and Senate approved the abolition of the Death Penalty on December 13, 2007. The Governor promises to sign it into law. It's about time!

Ron Cappuccio

Ron Paul Video

Here is a video of Ron Paul Summarizing some of his positions:

Click Here...

Remember to Contribute to Dr. Paul's Campaign onm December 16, 2007

Click Here...

Why I Support Ron Paul for President

Why I Support Ron Paul for President

Taxes

First, Ron Paul is the only limited government, lower taxes candidate. He has never voted to increase taxes and desires to cut government spending and taxes needed to support the spending. You cannot increase government (whether it is "infrastructure" as used by the Big Spenders, or transfer payments and subsidies,) and expect to lower taxes.

Free Trade
Ron Paul supports real free trade not more governmental organizations such as NAFTA, GATT, CAFTA, etc. Free trade is simple... we won't tax imports and other countries do not tax our exports.

War and Foriegn Policy
The war in Iraq was sold to us with false information. The area is more dangerous now than when we entered it. We destroyed a regime hated by our direct enemies, the jihadists, and created thousands of new recruits for them. We have no business making "regime changes" and trying to knock down or prop up other governments. We are not and can never be the policemen o…

Mortgage Delinquency Rates Rise

Mortgage Delinquency Rates Rise

The delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 5.59 percent of all loans outstanding in the third quarter of 2007 on a seasonally adjusted (SA) basis, up 47 basis points from the second quarter of 2007, and up 92 basis points from one year ago, according to MBA's National Delinquency Survey.
For Full Article...

Family Businesses Unprepared for Succession

Family Businesses Unprepared for Succession

A new survey showed Family Business need to prepare for continuation by the next generation. Among the survey's other key findings:

25 percent of the businesses think the next generation is not competent to move into leadership roles.

92.6 percent say the family business is their primary source of income.

60 percent of majority shareholders in family businesses are age 55or older.

Without planning, many of these businesses will fail or greatly diminish in value leaving the owners far less than they deserve. The full article is at the Orlando Business Journal

If you have a question, call me at (856) 665-2121

Ron Cappuccio