Is Your State Friendly to Entreprenuers?

Posted by accountingweb on Oct 2 2000 80 printer friendly

How friendly is your state's public policy in supporting small business and entrepreneurs?

A new report called the 'Small Business Survival Guide Index' issued by the Small Business Survival Committee found that South Dakota, Nevada, Wyoming, New Hampshire and Texas were the top five states, in order.

Consequently, the bottom of the list, beginning with number 46, included Ohio, Minnesota, New Mexico, Rhode Island, Hawaii and the District of Columbia.

The 50 states and jurisdictions were ranked according to 16 separate factors. These included, for example, the top rates for personal income tax, capital gains tax on individuals, top corporate income tax, and state and local property taxes.

For more information on entrepreneurships, please examine the Entrepreneurship Education Resource..

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.

This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.

Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.

Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.