Business Articles

Business Basics - Battling City Hall

By Mark E. Battersby
Published: October 18, 2011
It’s the perfect “Catch-22.” Thanks to the economy and skyrocketing costs, hobby shops are making less money, paying less in taxes while at the same time, costs for everyone are going up — including those of government at the state and local levels. Many states are raising taxes across the board — property, sales, income and excise — with more increases projected.  At the same time enforcement is becoming more aggressive, more issue-focused — with more costly results.

Attempting to prevent local, state, or even federal lawmakers from increasing the amount of red tape, rules, regulations, fees and taxes that every store owner must contend with is often fruitless — and always expensive. Battling city hall, the county or statehouse over zoning issues, unfairly levied fines, property tax assessments and, yes, tax bills, can be even more expensive. Fortunately, our tax laws contain a number of unique tax breaks and more routine deductions to help every retail business reduce the cost of those battles.

If you want to download the November 2011 Model Retailer, please enter your subscriber number or subscribe below, it's free!
SUBSCRIBER ONLY CONTENT
You are currently not logged in. This article is only available to Model Retailer magazine subscribers.
Already a Subscriber?
If you are already a subscriber to Model Retailer magazine you must log into your account to view this article.
Subscribe TODAY!
Model Retailer August tablet As a subscriber to Model Retailer you have access to valuable information for your business including:
  • Industry News
  • Product News
  • Product Reviews
Subscriber Number:
Remember me
Don't know your number? Here's how to find it fast »