Jan 19

An ordinance favoring taxi cabs that run on natural gas is back in effect at Dallas/Fort Worth International Airport.

A judge Tuesday overturned another judge’s restraining order against the ordinance, which allowed natural-gas powered cabs at the airport to jump ahead of gasoline-powered cabs for fares, airport spokesman David Magaña confirmed.

The special exemptions allowing fuel-efficient cabs to jump ahead of other cabs in line goes back into effect Tuesday afternoon, Magaña said.

A judge who was filling in on the bench for the 191st Civil District Court ruled that the restraining order on the rule was improperly granted because the airport was not notified in advance of the restraint, Magaña said.

The airport had implemented the ordinance as part of initiatives to cut back on carbon emissions.

“We’re still trying to do what’s best for the region in terms of air quality … it’s an im

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Jan 19

According to a 2005 report authored by Harold Damelin, then SBA Inspector General, said, “The Small Business Act establishes a Government wide procurement goal that 23% of the total value of all prime contract awards for each fiscal year [should] be awarded to small business. A Read more…
Jan 18

I met Jessica Piscitelli by accident a few months ago.  She and I were both at a networking event that neither of us normally attends.   When I found out she was a videographer, I was intrigued.  Though she records conferences, galas, and other special events, she also produces videos for promotion, training, and SEO.  As a film school grad and veteran of the movie industry in NYC, she is pretty good at what she does. Chec

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Jan 18

 

This posting is courtesy of attorney Marc Soss of Florida:

The aging demographics of the United States coupled with the Pension and Recovery Act of 2006 (the “PPA”) and Deficit Reduction Act of 2007 (“DRA”) have provided an excellent planning opportunity to create tax efficient vehicles to solve a clients’ long-term care planning needs. Beginning on January 1, 2010, a tax-free planning option will become available for individuals who desire to provide for long-term medical care by utilizing an existing annuity or life insurance contract purchased after 1996. While not a new concept (it dates back to 1997), the 2010 tax-free planning opportunity may be beneficial to an individual with a larger than needed life insurance policy death benefit, unaffordable monthly or annual premiums, an under-performing or matured deferred annuity contract, or the desire to incorporate long-term medical care into his or her estate plan. 

 

 

Under the PPA provisions, annuity funds may be withdrawn completely tax-free on a FIFO (First-in, First-out) basis for long-term care benefits (amending Section 72(e) of the Internal Revenue Code). The PPA also includes a “1035 exchange” option which allows for the tax-free and penalty free basis withdrawal of the entire annuity value for qualified long term care expenses. However, no income

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Jan 16

We regularly receive emails from entrepreneurs and business owners who have questions related to business plans, raising capital, and starting a business. We were recently contacted by a gentleman in the United Kingdom who was preparing a plan for his start-up and was unsure how to outline an effective exit strategy for his prospective investors.

I wanted to share a part of the response prepared by my business partner, Jimmy Lewin, in hopes it may assist you in your business plan.

“Hi James. Thank you for visiting our site and for your kind words. I am responding to your query about exit strategies. I

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Jan 15

California Second Mortgages – Which One The Good Choice?

A mortgage is a long-term loan for a big quantity, commonly taken for a property or a house. It is a form of home loan except that it is termed for longer. Mortgages are available through a bank, private lenders, or property sellers.

One advantage of considering a mortgage loan over other sorts of loans is that there can be multiple mortgages for a particular property. Although many than one mortgage can exist, it is crucial to pay off the mortgages in the order of priority, i.e., the first mortgage requires to be cleared of first, and then the second and so on. H

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