State's minority outreach program moves on right track
Originally published on January 06, 2009
Gov. Martin O'Malley's new outreach program for small and minority-owned businesses is a step in the right direction but communication and sensitivity from the state leaves much to be desired, several business people said Monday.
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Tough year ahead for commercial real estate
Originally published on January 04, 2009
The balance of power between landlords and tenants will shift dramatically in 2009.
For landlords, this promises to be a year of intense competition, more bankrupt tenants and tightfisted lenders. For renters, it looks like a time of abundant choices and tiny — if any — price increases. more »
Tax Tip — What to do with life insurance proceeds
Originally published on January 01, 2009
Generally, if you receive the proceeds under a life insurance contract because of the death of the insured person the benefits are not taxable income and do not have to be reported. Any interest you receive would be taxable and would need to be reported just like any other interest received. There are exceptions to this rule. Before making any financial or tax moves, consult with your CFP¨ and CPA for guidance. more »
Former Chat 'N' Chew to become parking lot
Originally published on January 01, 2009
Plans are moving forward on East Patrick Street for the former Union Mills building, a planned parking area across the street and a building with parking on the ground floor. more »
Balog's Biotech — Difficult economic times may affect future innovation
Originally published on December 28, 2008
As an extremely difficult economic market continues to show little sign of improving any time soon, many are looking at the potential short-term and long-term effects on various industries in the country and around the world. more »
For faith-based investors, the returns are twofold
Originally published on December 28, 2008
NEW YORK -- Investing often requires a leap of faith, no more so than when the bottom has fallen out of the market and the collapse of a multibillion Ponzi scheme is being felt from coast to coast. more »
Gift card sales sunk by bargains
Originally published on December 27, 2008
NEW YORK (AP) -- Gift cards, the convenient catchall of holiday giving, lost their luster this year. more »
Tax Tip — Nursing Home Expenses and Tax Deduction
Originally published on December 25, 2008
Nursing home expenses are allowable as medical expenses in certain instances. If you, your spouse or your dependent is in a nursing home, and the primary reason for being there is for medical care, the entire cost, including meals and lodging, is a medical expense. If the individual is in the home mainly for personal reasons, then only the cost of the actual medical care is a medical expense, and the cost of the meals and lodging is not deductible. more »
Grants help fight crime
Originally published on December 25, 2008
Thefts and other crimes against businesses eventually result in higher costs for consumers. The cost of restocking stolen or damaged items, increased security, higher insurance premiums for the business are, at least to some extent, passed onto the law-abiding consumer. more »
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