Feds turning against small farmers?

Posted Leave a commentPosted in Aquaculture, Farming, Food and Drink, Health and wellness, New Jersey

Comments by the United States Department of Agriculture (USDA) Secretary this week disturbed many of us who support smaller farms and fisheries. USDA Secretary Purdue seemed to signal that the federal government does not recognize the inherent value of a wide independent network of food producers. I fear that small innovative farm operations, greenhouses, and […]

Federal income taxes for farmers and fishermen

Posted Leave a commentPosted in Aquaculture, Farming

Most businesses are subject to quarterly estimated tax payment requirements. A failure to make these required payments on time results in a penalty. The final estimated tax payment deadline for the prior calendar year is January 15 of the current year. Many small businesses, struggling to keep up with government paperwork demands, miss the deadline […]

Enough with the immigration lies

Posted Leave a commentPosted in Aquaculture, immigration, New Jersey, News and Politics, Off-Topic

Introduction: My background with immigration is working with construction, agricultural and fisheries businesses in New Jersey, Delaware, Maryland and Pennsylvania that use immigrants for the majority of their work force. I know dozens of these workers who came here legally on work visas and are still waiting for their extension paperwork. Ironically, some of them […]

How to handle the 2019 stock market crash

Posted Leave a commentPosted in Aquaculture, Financial Planning, Investment

Update: This article was updated to reflect the news that for or the 90 days of fall (9/21 – 12/21) the S&P 500 was down 17.5%. The market correction happened sooner than I expected. The advice I’ve dispensed for the past 30 years since leaving my early career on Wall Street is timeless, except for […]

Invest Like a Venture Capitalist

Posted Leave a commentPosted in Aquaculture, Banking, Crowdfunding, Farming, Financial Planning, Tax Planning

One of the most overlooked tax savings strategies is to avoid federal income taxes on large capital gains. Allowing investments to grow tax free over decades can result in tremendous growth in wealth and is one of the most reliable paths to a tax-free retirement. This tax-free capital gain tax strategy is employed by almost […]

My 2017 in two short paragraphs

Posted Leave a commentPosted in Aquaculture, Health and wellness, Investment, Law firm, Leadership, Nonprofit, Values

The two big personal stories for me in 2017: #1 – Stress Handled I became stressed by the lack of respect for fact, truth, science, logic, law and education expressed in our everyday lives. I became stressed by the observation that other people abandoned traditional core values of charity, sharing, open doors, open borders, nondiscrimination, […]

Community-supported dock-to-table seafood launch

Posted Leave a commentPosted in Aquaculture, Farming, New Jersey

Today I launched the Philadelphia area’s first (as far as we know) attempt at a community supported dock-to-table seafood venture for Nantuxent Seafood. The intent is to test the water on this concept that has worked well in other regional markets. If this initial small project is successful in gaining 150 supporters then I’m sure […]

Effect of election on NJ small businesses

Posted Leave a commentPosted in Accounting, Aquaculture, Employee Benefits, News and Politics

New Jersey is now the seventh state where Democrats control both the executive and legislative branches. What does that mean for us with small businesses here? This is more than just a local wall against trumpism. It directly translates to increased tension and a lack of coöperation between the federal and state government. The news […]