Archive for February, 2010

Georgia legislators hope to boost business formation

Earlier this week, the Georgia Senate overwhelmingly passed a bill to create a Legislative Economic Development Council in the state. The council will evaluate the state’s overall economic recovery strategies, particularly business formation, reports the Savannah Morning News. Continue reading “Georgia legislators hope to boost business formation” »

New corporate tax cuts could turn around economy and spark business formation

Earlier this week, Senators Judd Gregg and Ron Wyden presented a bill in Congress that would reduce corporate income taxes. The legislators hope the tax reforms will inspire business formation and help America become more competitive in global markets. Continue reading “New corporate tax cuts could turn around economy and spark business formation” »

Court cases demonstrate entrepreneurs’ personal assets protected by incorporation

n the midst of economic recession, many Americans have had personal belonging repossessed. But business incorporation shields entrepreneurs from this threat when it comes to corporate matters.
Continue reading “Court cases demonstrate entrepreneurs’ personal assets protected by incorporation” »

Debate continues on startup visas that could encourage immigrant business formation

Earlier this week, Senators John Kerry and Richard Luger – the two ranking members of the Senate Foreign Relations Committee – formally proposed legislation to create a Startup Visa, according to the Industry Standard. Continue reading “Debate continues on startup visas that could encourage immigrant business formation” »

Nevada business formation dramatically declined in 2009, but picks up in 2010

According to a report from the SBA, economic hard times may be among the best times to start a new business. Yet, this is not proving the case in the state of Nevada, which usually rivals Delaware as one of the best places in the country to incorporate based on favorable tax structures. Continue reading “Nevada business formation dramatically declined in 2009, but picks up in 2010” »

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