by ScolieriLaw | Feb 22, 2013 | Corporate Law
New legislation was signed into law on October 24, 2012 making Pennsylvania the twelfth state to formally add the Benefit Corporation to its list of legal business entities. Fifteen other states are currently working through the details of adding a variation of the...
by ScolieriLaw | Feb 20, 2013 | Corporate Law
The Pennsylvania Supreme Court recently ruled that income generated in Delaware by the sale of land in Delaware was in fact taxable as income in the state of Pennsylvania for a Pennsylvania pulpwood company. In 2004, Glatfelter Pulpwood Company, a wholly owned...
by ScolieriLaw | Feb 18, 2013 | Corporate Law
Lawmakers in Harrisburg are considering 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. Still struggling with the shaky economy and...
by ScolieriLaw | Feb 14, 2013 | Corporate Law
The latest Wells Fargo/Gallup Small Business Index indicates U.S. small-business owners plan to spend less on capital in the next twelve months than last year or the year before. As we recently reported, small business credit is steadily improving. The Gallup survey...
by ScolieriLaw | Feb 12, 2013 | Corporate Law
With the U.S. economy slowly climbing up from the recent recessional pit, small business owners’ credit profiles appear to be leading the way. Studies by industry analysts show the average credit profile from small business owners improved in 45 of 50 states when...
by ScolieriLaw | Feb 8, 2013 | Corporate Law
Wells Fargo recently stepped up its efforts to reach small business owners via an online platform it calls the Business Credit Center. Business owners and managers can learn how to develop a strong credit application, estimate business capital needs, and explore...
