State tax auditors are being told to shake down local businesses to generate revenue. And while big businesses have internal tax specialists who can fight unjustified assessments, small businesses often have no choice but to pay since the cost to them of fighting back is so high.
Fixing the U.S. economy doesn't mean replacing capitalism with socialism -- that would bring another set of equally dire problems. The solution first requires taking parasitic accountants out of the corporate driver seat and replacing them with entrepreneurs.
It seems every day we read about a new company or industry that embraces workplace flexibility. Yet whenever we talk about workplace flexibility, the majority of American employees still ask, but what about me?
Business Internet Banking can become the platform for much more leverage with business clients, but today it is a very basic transactional platform. We need to shift it to become the PFM of business banking.