Category Archives: General Interest

Topics (usually with a legal slant) that may be of interest to the general public

House GOP Releases Tax-Reform, Tax-Cutting Plan

DTN Ag Policy Editor Chris Clayton reported yesterday that, “House Republicans released a long-awaited tax-reform and tax-cutting plan that lowers tax rates for corporations and families, but forces both businesses and families to give up or reduce some favorite long-standing tax breaks. “‘This is a complete redesign of the (Tax) Code,’ said Rep. Kevin Brady,… Continue Reading

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AP: “Owners Sometimes Hate the Small Businesses They Used to Love”

Associated Press writer Joyce M. Rosenberg reported last week that, “No matter how much small business owners love their companies, they also have moments — maybe even weeks or months — when they hate what they’re doing and feel ready to give up.” The AP article noted that, “Many owners find a way to get… Continue Reading

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Female Business Owners Less Optimistic About Business Loans

Associated Press writer Joyce Rosenberg reported recently that, “Getting a bank loan is still a struggle for many women who own businesses. “Kirsten Curry has had three rejections in the past six months and is waiting to hear from a fourth bank. Curry, owner of Seattle-based Leading Retirement Solutions, has applied to national banks, a… Continue Reading

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Every Company Needs a Plan for Defending Against Fraud Accusations After Investor Losses

Sara Randazzo reported yesterday at The Wall Street Journal Online that, “When pharmaceutical company Depomed Inc. of the U.S. said this month it is fielding federal and state inquiries over its marketing of opioid painkillers, a stock drop was likely to follow. “But it was less expected, legal experts say, that shareholders would then sue the… Continue Reading

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ISU Extension: The Importance of Business Succession for Rural Communities

An update last month from Iowa State University (ISU) Extension noted that, “It happens in small towns across Iowa and the country. A long-time business must close its doors because it has no successor, leaving a community with the empty storefront of a shop that once offered a product or service, jobs and philanthropic support…. Continue Reading

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Microsoft- An Ambitious Plan to Improve Broadband Services in Rural America

Jane Wakefield reported this week at the BBC Online that, “Microsoft has laid out an ambitious plan to improve broadband services in rural America, using TV white space. “The US Federal Communications Commission says 34 million Americans – 23.4 million of whom are in rural areas – lack a broadband net connection. “Microsoft pledged to… Continue Reading

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House Approves Measure to Erase Some Dodd-Frank Banking Rules

Alan Rappeport reported yesterday at The New York Times Online that, “The House approved legislation on Thursday to erase a number of core financial regulations put in place by the 2010 Dodd-Frank Act, as Republicans moved a step closer to delivering on their promises to eliminate rules that they claim have strangled small businesses and… Continue Reading

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Community Bankers Optimistic on Regulatory Reprieve

Paul Gores reported on Saturday at the Milwaukee Journal Sentinel Online that, “A group of Wisconsin bankers on a recent lobbying trip to Washington, D.C., returned with heightened optimism that some of the rules now governing community banks — regulations they contend are too costly — will be eased. “Community banks in Wisconsin and the… Continue Reading

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Protection Against Tax ID Theft

Laura Saunders indicated in Saturday’s Wall Street Journal that, “New cases of tax-identity theft have dropped sharply following coordinated efforts by tax agencies and preparers, but filers need to stay vigilant. “Tax-ID theft, also called tax-refund fraud, occurs when a criminal uses stolen personal information to file a return in someone else’s name and receive… Continue Reading

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IRS Could Face Budget Cuts

New York Times writer Alan Rappeport reported last week that, “President Trump has a rocky history with the Internal Revenue Service, which he has complained audits him with unfair ferocity. Now he wants to significantly cut the tax agency’s funding at a time when it has already been bleeding staff and struggling to keep up with… Continue Reading

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