Puerto Rico Takes a Hit to the Head
Nancy and I own Puerto Rico bonds, which have been in the news a lot recently. Some bonds are in default, and other payments are due which Puerto Rico says it will not be able to make. For a reason…
Peer to Peer Online Lending
Much money has been thrown into online lending. Some have described it as the financial “Uber”; trying for financial disintermediation in the staid banking industry. One goes online to one of many sites, fills out an application, and by the…
TABASFUNDING provides funding To Plasma Manufacturer, B Positive National Blood Services LLC
TABASFUNDING, a private lender in Haverford Pennsylvania has provided a medium six figure loan to B Positive National Blood Services, LLC of Cherry Hill, New Jersey. (B Positive’s website: www.bpositivetoday.com) B Positive National Blood Services was established in 2010…
Economics of Big Towns vs. Little Towns
Some of you know that we have a vacation place in Vermont, and try to spend time there. When the weather permits, we do outside activities. When it rains, we try to find things to occupy us. Time passes slowly…
Gift Tax and Political Agendas
Often parents if they are able, give money to their children. Anyone can give up to $14,000 to another person annually without triggering the “gift tax”. If money is subject to gift tax, something like 40% of the eligible amount…
Travel and Immigrants
Nancy and I made a couple of trips south this year to break up the winter. We visited South Florida in January and South Carolina in February. We haven’t spent much time in recent years in South Florida. The economics…
The Album, a short story by Lee Tabas
On a crisp Sunday in late October, I fished in Valley ForgeNationalHistoricalPark. In the fall, when it rains, sometimes the biggest trout migrate to spawn. Battling against the swollen currents allows them to move upstream over rock ledges and shallow…
Simple Stupid
Most people have loads of passwords, and are paranoid about cybercrime, malware, phony eastern European credit card charges and other schemes. These are certainly concerns, but let’s get a bit more low-tech. Recently, I was contacted about serving as an…
The Merchant Cash Advance/ Alternative Business Lending Industry
TABASFUNDING has been providing funding for entrepreneurs to expand or acquire businesses since 2002. We are an alternative to traditional bank financing, which since the recession has become more difficult to obtain for small businesses. Even though we are a…
How to Eliminate Pennies by Rounding Sales Price Plus Tax to the Nearest Nickel
My son, Ted, owns Rosemont Beverage Center here in Pennsylvania. He wanted to raise some of his prices, and wanted to make giving change easier by setting the sales prices, such that when tax was added, the total amount ended…