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Author Archives: Claude Solnik

Study: Small banks are spending more on compliance (access required)

A new study found that nearly all small banks are spending more on compliance due to legislation, forcing institutions to reconsider offering certain products such as mortgages and overdraft protection. The study by the Mercatus Center at George Mason University ...

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Why your MBA may cost more than it used to

Your MBA may have just got a little more expensive, even if tuition’s exactly the same. Although a Masters in Business Administration is a popular means of growing income and advancing professionally, a recent tax court ruling could increase the ...

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New federal regulations rock cement plants (access required)

Still reeling from the Great Recession, cement manufacturers are now caught between a rock and some hard regulations. All told, the cement industry is gearing up to spend billions of dollars in one-time costs that will bring them into compliance ...

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Proposed law would bring about Internet sales tax, but not in Idaho (access required)

Legislation headed for the U.S. House Judiciary Committee would help some states collect sales tax from online retailers, but Idaho doesn’t qualify to take advantage of the act’s provisions. The Marketplace Fairness Act, which passed the Senate last year, would ...

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On-call staffing catching on with big retailers (access required)

Hospitals have long asked doctors to be on call in case of emergencies. Now Target is asking the same of its cashiers. In a new micromanaged retail trend, stores like Target, Wal-Mart, and Macy’s are keeping cashiers, sales staff and ...

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Your life may not be worth what you think (access required)

Billions of dollars’ worth of life insurance policies may not be worth the paper they’re written on. Policies whose worth is tied to interest rates are losing value fast, as rates remain low over the long haul. And policyholders who’ve ...

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S Corps help companies avoid corporate taxes (access required)

Since Japan lowered its corporate income tax rate to 38.01 percent in 2012, the United States has a dubious distinction among global economies: the planet’s highest corporate tax rates. With the federal tax rate hitting 35 percent and Idaho tacking ...

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More firms choosing captive insurance

Facing high insurance rates and expanding coverage gaps, businesses are forming internal insurance companies with just one client: themselves. Affordable Care Act mandates and difficulty obtaining hurricane insurance are among the factors behind the recent push toward captive insurance, in ...

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Obamacare is good medicine for PEOs (access required)

While it’s too soon to identify all of the winners of the Patient Protection and Affordable Care Act, here’s one early contender: professional employer organizations.

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