Philippe Matthews Show Guru Advice, Author Reviews, Tech Reviews, Entertainment News

Millionaire tax? Forget it

The capital gains tax has been touted as the brass ring for business owners. But if you self-fund your growth, it's anything but.

The Coachella Valley Music and Arts Festival undergoes a fundamental transformation this month, expanding to two consecutive weekends hosting two identical lineups.

Those who do contracting on the side, work from home, or do their own freelance thing have to watch every dime that goes out. Here's a few dimes you can catch

A new survey asks accountants to name the most common errors small business owners make when filing taxes. Here's what you need to know this tax season. April 15th is looming.

After all the tears and sweat you've poured into making yourself successful, you'd let these little oversights wreck your financial security? The worst mistakes you may be making with your money aren't the ones you think you're making

There's no good reason to care about EBITDA, right? Wrong. Your banker and investors will care--so should you.

Dont goose near-term results at the expense of long-term value creation.

Left for dead only two months ago, former House Speaker Newt Gingrich is now a front-runner for the GOP nomination. On the Democratic side, Elizabeth Warren, the Harvard Law professor who is running for the Senate seat currently held by Scott Brown, has created some buzz of her own. These two candidates couldn’t be more different, but they both use tried and true communication and persuasion techniques that help them connect with voters

Here are a few things you should know when calculating depreciation for your company's assets. Depreciation is a fairly simple concept. When a business owner buys a fixed asset, that asset loses its value over time, and so its most current value must be accounted for on the company's balance sheet

The American Jobs Act includes a clause that--if enacted on the venture capital industry--could hamper start-up investment, innovation, and, ultimately, job creation. Tucked away on Page 139 of Obama’s American Jobs Act, after the sections on payroll tax credits and unemployment benefits, are a few lines of text that could change the way venture capital investment works in this country.

Running a business should earn you an honorary degree given all you will learn, says Brian Hamilton, the co-founder and CEO of Sageworks. We live and we learn

LightSquared, a 4G satellite internet provider backed by an eccentric billionaire, could change the nature of broadband Internet in the United States. The only problem is that their network could just make GPS receivers go blank

The Wall Street Journal reported yesterday on the latest plan to shore up our country's finances and jumpstart the economy: A new tax-repatriation holiday. The holiday would involve drastically lowering taxes on corporate profits for companies that choose to bring assets back into this country. (It's common practice for big companies to store most of their cash in tax havens in order to avoid paying the 35 percent corporate profit tax

WHAT'S HOT, WHAT'S NOT Sales increase for fitness and sports centers, the small-business sector with the strongest growth from 2009 to 2010: +13.62% Sales decrease for car washes, the small-business sector with the weakest growth from 2009 to 2010: -12.18% Sageworks TRENDS Among people who text, the average number of text messages sent per month: Men: 555 Women: 716 The Nielsen Company State of the Media 2010 THE WORKPLACE Area, in square feet, of workspace lost by the average office worker from 1994 to 2010: 15 International Facility Management Association HIRING The portion of small businesses hiring in 2010 that said they added fewer workers than they needed: 42% Reasons for hiring: Replace an employee who left: 41% Support growth or expansion plans: 21% Some other reason: 18% Don't know: 1% Revenue or sales has increased: 13% Economy is getting better: 5% Tax credit for hiring unemployed workers: 1% Wells Fargo/Gallup TAXES Lowest and highest overall tax burdens for entrepreneurs: South Dakota: 1st New Jersey: 50th Small Business & Entrepreneurship Council REALITY CHECK Retail price, per gallon, of black ink in the average printer ink cartridge: $4,371 PC World THE ECONOMY Increase in the sales of trucks and cargo vans—considered a useful indicator of small-business activity—in the fourth quarter of 2010, compared with a year earlier: 24% Edmunds.com