Voices: Ilene Davis, On Extending IRA Loans – Wall Street Journal
He guessed that if he had six to eight months he’d be able to pay at least some of the $10,000 back from business profits and at least reduce the penalties and taxes. I proposed a way to extend the loan penalty-free. At the time, the client …
NFIB: Small-business profits show gains – Worldnews.com
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Even the government is being gouged by merchant fees: Thibeault – thesudburystar.com
“Over the past three years I have pushed the minister of finance to look into the issue of merchant fees, which are squeezing small business profits and increasing consumer prices,” said Thibeault. “The Conservatives have refused to accept this is an issue …
Prudential Confident On Outlook As New Business Profits Rise – Wall Street Journal
LONDON (Dow Jones)–U.K. insurer Prudential PLC (PUK) Wednesday said it was confident in the outlook for its business after posting a better-than-expected 8% rise in first-quarter profit from new business sales, as a continued strong performance …
Senate vote stymies bill to keep student-loan rates low – Seattle Times
Democrats pushed to pay for the extension by ending a tax break that allows operators of some businesses with three or fewer shareholders to avoid paying payroll taxes by labeling some of their income as business profits rather than wages.
Senate fails to advance bill to keep college student-loan rates low – AZCentral.com
Democrats pushed a plan to pay for the extension by ending a tax break that allows operators of some businesses with three or fewer shareholders to avoid paying payroll taxes by labeling some of their income as business profits rather than wages.
M&G assets climb above £200bn as Pru inflows jump 12% – ifaonline.co.uk
Meanwhile the wider Pru business saw new business profits climb 8% to £536m, with investment net flows up 12% to £2.12bn. However, in the UK new business profits fell 5% to £62m, while US profits also dipped, although the falls were offset by gains in Asia.
Student loan plan fails in the Senate – Washington Post
Democrats pushed a plan to pay for the extension by ending a tax break that allows operators of some businesses with three or fewer shareholders to avoid paying payroll taxes by labeling some of their income as business profits rather than wages.
Student loan fix opposed by business groups fails in Senate – The Business Journal
Many small businesses are S corporations, entities where business profits flow through to their individual owners for tax purposes. The Senate bill would target professional service firms that are S corporations or limited partnerships …
Sitomic offers digital coupon alternative to Groupon – ITBusiness.ca
A Toronto-based startup named Sitomic, aims to help companies limit group buying risks by offering a coupon-sharing sharing service that doesn’t skim off the top of a business’ profits. “This is a totally different take on the group buying trend …

