Author: tonynova
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Low interest rate news boosts stock prices
Seldom has the stock market been so easy to predict. But it will become fully valued and performance will change quickly, as it always does.
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Delaware passes crowdfunding law
Delaware is the state of organization of many small business organizations including most of my clients. Yesterday Delaware joined 34 other states in passage of legislation that makes use of more liberal federal crowdfunding rules for small business equity financing. The new state law recognizes the provisions of federal law under the JOBS act. I’ve…
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A reflective look at my own views on gun rights
Like most Americans, I am drawn into this national debate on gun rights and gun culture. Unlike many people whose opinions I learn about through the news or social media, I do not have strong pre-formed opinions on the topic. I recently considered whether it might be smart to have a gun for protection…
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Tax traps remain for small business health plans
I had a no-charge telephone consultation today with a successful small business owner in California who has a very reasonable business plan to have his small business pay the substantial out-of-pocket medical expenses on a pre-tax basis. The tax savings can add up to $5,000 to $10,000 per year for a high income person with high…
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The demand for alternative investments
Establishing a safe stream of investment income has been a significant challenge for investors and the challenge is expanding. The Wall Street Journal today reports “There is now $13 trillion of global negative-yielding debt, according to Bank of America Merrill Lynch. That compares with $11 trillion before the Brexit vote, and barely none with a…
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State lawmakers tinker with crowdfunding: helping or hurting?
LexisNexis reported yesterday that “Texas securities regulators this month are considering tweaks to state crowdfunding rules that would lift escrow requirements for smaller investments, changes that attorneys say demonstrate the state’s continued eagerness to fine-tune crowdfunding”. Other media sources covered the advancement of crowd funding in North Carolina this week. Many other states are also…
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“Is Crowdfunding a Mirage or an Oasis?”
The well respected law firm Blank Rome LLP, headquartered right here in my hometown of Philadelphia, put out a blog post this week titled “Is Crowdfunding a Mirage or an Oasis?”. With all respect, this is the wrong question for a business adviser to ask at this stage of evolution. The structure of business crowdfunding…
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Security warning about Symantec and Norton antivirus
This week the U.S. Department of Homeland Security and the United States Computer Emergency Readiness Team (US-CERT) have issued a statement that all Symantec and Norton branded antivirus products contain multiple vulnerabilities. Exploitation of these vulnerabilities could allow a remote attacker to take control of an affected system. All client data and accounting systems under…
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Small business are under cyber attack
There are only two types of small businesses: those that have been the victim of cyberattack and those that don’t know it yet. The mounting evidence of data leaks is simply shocking. Small business CPAs are increasingly focused on making online security a high priority for our clients. It pays to get an independent review of…