Columns/Opinions

Tue
21
Jul
Edgar's picture

The rules of collecting, filing sales tax

You want to open a business. After setting up your companyeither as a sole proprietor, partnership, LLC, etc., you will need to visit the State Comptroller’s Office to find out about your sales tax responsibility. Unfortunately, collecting, calculating, reporting and payingsales tax can be confusing, overwhelming, and sometimes complicated for first time business owners.  Basically, sales tax is the percentage of money a business collects for the government when sellingtaxable items, tangible personal property or taxable services. Of course like in anything, there are exemptions for certain categories  nd organizations. Each state offers its own set of exemptions from sales tax. This is why it is extremely important for small business owners to know the applicable state and local tax rules and which exemptions apply in a particular jurisdiction, product or service.

Tue
14
Jul
Edgar's picture

Turn off the cell phone

I am a theatre lover. Whether it is movies or live theatre, I enjoy going somewhere and being entertained. This past week I read an article in the New York Times about Broadway actress Patti LuPone taking a cell phone away from an audience member during a performance.
 

 

Tue
14
Jul
Edgar's picture

Finding the perfect work-life balance

As a young professional, I am constantly striving to find the perfect work-life balance. As entrepreneurs and small business owners, you probably face this challenge daily. As you try to balance your duties in the different areas of your life such as work, family, and friends, it can become overwhelming. I try to follow a few basic steps to help me move toward a balanced work-life.
 
Tue
07
Jul
Edgar's picture

‘Do as I say, not as I do’

BY WILL HURD
After six months serving as the Representative for the 23rd Congressional District of Texas, I think I have discovered the mantra Washington bureaucrats seems to live by – do as I say, not as I do. If you watch the news at all, you have heard that the Office of Personnel Management (OPM) was hacked (presumably by a foreign adversary) and that that the personal information of millions of current and previous federal employees was compromised – including my own. .  

 

Tue
07
Jul
Edgar's picture

High court puts Texas abortion law on hold

By Ed Sterling
AUSTIN — The U.S. Supreme Court, in a 5-4 vote on June 29, granted a stay preventing revisions to the state abortion law made by the Texas Legislature in 2013 from taking effect on July 1. The stay will remain in effect while the court is on hiatus. When it reconvenes in October, the court will decide if the issues at stake in the Texas case, Whole Woman’s Health (and others) v. Cole, merit further review. Voting to deny the stay were Chief Justice Roberts and Justices Scalia, Thomas and Alito.  

 

Tue
07
Jul
Edgar's picture

Competition: building the better mousetrap

BY JAMES LEAVELLE
At the Angelo State University – Small Business Development Center, we will interact with over a thousand people each year that either want to start a business or are in business. Of those that want to start a business, a small percentage will come in and tell us they have an idea for a business but they do not know if it is a good one and want to know our thoughts about their idea. Making the decision to start a business requires a lot more than just having a good idea.  .

 

Tue
30
Jun
Edgar's picture

The Rectangular States of America

Despite hating mathematics in general, there was one math class I liked: geometry. I think this is because I have always liked shapely forms, if you get my drift! Couple this love of geometry with the fact that I have visited every state in the nation and you can see how I developed a hypothesis that has come to be known in scientific circles as Lee's Law of Rectangles. Simply "stated" it says, "The more rectangular a state is the better that state is to live in
 
Tue
30
Jun
Edgar's picture

Taking a minute to speak out

What would you say if you got 60 seconds to speak to the world?At noon recently, on a hot and muggy day in the heart of Washington, D.C., the world heard everything from birthday wishes to a  call to national action in education
and housing to a reminder that developed nations need to pay attention to violence and poverty in small African nations.
 
Tue
23
Jun
Edgar's picture

Seven questions asked in a borrowing situation

In his books "Borrowing for Your Business, and Borrowing to Build Your Business," former San Antonio banker George M. Dawson discussed seven questions asked in any borrowing situation.
 
Tue
23
Jun
Edgar's picture

The Texas drought is over, but what about the next?

Despite the recent heavy rains and flooding across the state, the next Texas drought may already be underway. Probably not, though. Right now, most of Texas has water out the wazoo.
 

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