by ScolieriLaw | Jul 10, 2013 | Business Articles
How much is your business worth? Most small business owners don’t think about this question until it’s time to either sell the business or borrow money to grow the business. Figuring out the value of a business can be complicated and time-consuming, but if the need...
by ScolieriLaw | Jun 21, 2013 | Business Articles
Pennsylvania’s capital stock and franchise tax (CSFT) is a property tax imposed on the capital stock value of businesses in Pennsylvania. Determined through a complex formula, it is a tax paid regardless whether a business incurred a loss or made a profit in the...
by ScolieriLaw | Jun 20, 2013 | Business Articles
Lawmakers in Harrisburg recently considered a proposal that would exempt business assets from the state’s inheritance tax. The legislation is a welcomed glimmer of hope for many family-owned, small businesses in Pennsylvania. Pennsylvania’s inheritance tax is...
by ScolieriLaw | Jun 19, 2013 | Business Articles
A report released recently by the American Legislative Exchange Council (ALEC) reveals an optimistic economic outlook for Pennsylvania. ALEC’s Rich States Poor States Economic Competitiveness Index measured 15 equally-weighted economic variables among states,...
by ScolieriLaw | May 15, 2013 | Business Articles
A question employers ask us frequently is whether overtime rates are applicable to all employees, and if not, which employees are exempt? Properly-designated salaried employees are exempt from overtime. There are exceptions, but the general rule of thumb is that...
by ScolieriLaw | May 13, 2013 | Business Articles
You may be tired of the nine-to-five grind or ready to spend more time at home with your children. The reality for most people, however, is that you must continue providing constant income for your family. Starting a business in your home can be a way to put your...
