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Oklahoma Opioid Lawsuit

Oklahoma Opioid Lawsuit

Oklahoma Opioid Lawsuit

Johnson and Johnson Trial Begins in Norman

IncSmart Oklahoma (Small Business and Startups) - Oklahoma opioid lawsuit is the first state to be watched nationally for ongoing health crises.  The Attorney General filed suit in June of 2017 accusing Johnson and Johnson of intentionally creating the drug crisis.   The Attorney General said they aggressively marketed to doctors knowing there was an addiction problem.  If the case is settled out of court, it will set a precedence for the county at large in the state suites that are filed or are pending,  In a previous law suit against OxyContin, the state was awarded several hundred million dollars that the state will use for addiction research. 
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New York Growing Industry

New York Growing Industry

New York Growing Industry

Brooklyn Navy Yard

IncSmart New York (Small Business and Startups) - New York growing industry in high tech is a boom for Brooklyn.  Technology is changing Brooklyn real estate and driving economic growth.  Brooklyn is booming after the era of industry moving from the US.  The empty factories and warehouses are in demand and real estate prices are increasing, as Brooklyn experiences rapid growth.   Brooklyn also has a number of Opportunity Zones with tax incentives.  The Trump Opportunity Zones were passed as part of the Federal Tax Reform Bill of 2017.  These zones are low income and economically depressed areas.  
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Storm Recovery in Missouri

Storm Recovery in Missouri

Storm Recovery in Missouri

U-Haul Offering 30 Day Free Storage

IncSmart Missouri (Small Business and Startups) - The Missouri National Guard had been activated as the state recovers from last week storm and ongoing flood fighting efforts.  The storm is 8 years to the day of the Joplin disaster, which was the deadliest tornado after the St. Louis tornado May 27 1896 where 255 people were killed.  The Joplin tornado killed over 150 people.  And EF3 tornado tore apart building in the Jefferson City, the capital.  Jefferson City damage encompasses a three mile area.  The American Red Cross is accepting donations for disaster relief victims.  Magellan Health is also providing trauma and fear counseling for victims of the storm.
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New FAA Regulations in Nevada

New FAA Regulations in Nevada

New FAA Regulations in Nevada

Restricting Drone Flights in Las Vegas

IncSmart Nevada (Small Business and Startups) - New FAA regulations are restricting drone flights in Las Vegas Nevada.  The new FAA regulations restrict airspace in 90% of the Las Vegas valley.  Most people living in Las Vegas however live in the restricted airspace which has angered recreational flyers.  Recreation drone flyers will be required to fly drones in a small park southwest of the city named Bennet RC Airfield.  The new rules are intended to make the airspace above the city safer.  
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Hawaii Enterprise Zones

Hawaii Enterprise Zones

Hawaii Enterprise Zones

Tax Incentives for Hawaii Business

IncSmart Hawaii (Small Business and Startups) - Hawaii enterprise zones can help lower the cost of doing business in Hawaii.  The Enterprise Zones Partnership Program is giving state and county benefits in an effort to stimulate business activity, job preservation and job creation in areas of the state where jobs are most needed. Contact the state to see if your company or your startup meets the requirements.  Each county also offers additional benefits on top of those from the state.  The state offers 100% tax exemption.  Licensed contractors are also exempt from the state taxes on work done in the zones.  
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Arizona to Open New Copper Mine

Arizona to Open New Copper Mine

Arizona to Open New Copper Mine

 500 New Jobs to Tucson

IncSmart Arizona (Small Business and Startups) - Arizona to open new copper mine south of Tucson.  The new mine will join ASARCO mine south of Tucson, making this city a copper capital.  The new mine owned by Hudbay of Canada, will be the third largest copper in America. Hudbay has been accommodated rules and regulations for 12 years.  They have the environment concerns covered.  Hudbay will invest just under $2 billion dollars in the project.  
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Massachusetts Cannabis Cafes

Massachusetts Cannabis Cafes

Massachusetts Cannabis Cafes

Twelve Test Cities

IncSmart Massachusetts (Small Business and Startups) - Massachusetts marijuana regulators issued a plan for  cannabis cafes.  A 3 to 2 vote from the Cannabis Control Commission calls for an initial test in several communities.  Twelve cities will be in the test program.  This will allow the customer to buy and consume the drug onsite.  New entrepreneurs will be able to get licenses.  Cannabis Cafes should have low startup costs.  
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North Carolina Sues Juul

North Carolina Sues Juul

North Carolina Sues Juul Lab Inc

Lawsuit to End Advertising to Children

IncSmart North Carolina (Small Business and Startups) - North Carolina sues Juul Lab Inc.  The Attorney General says e-cigarette maker targets teenagers.  The marketing has been claimed not only to be reckless but illegal.  North Carolina accuses Juul, the nations largest e-cigarette company with over 75% of the market, of causing addiction by downplaying the effects of nicotine on the body.  The Attorney General wants to prevent an entire generation of people from becoming addicted to nicotine.  
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Utah Virtual Office Locations

Utah Virtual Office Locations

Utah Virtual Office Locations

Four Downtown Salt Lake City Offices

IncSmart Utah (Small Business and Startups) - IncSmart has four Utah Virtual Office locations in downtown Salt Lake City.  Main Street office on Main, only $79 a month.  Wells Fargo Tower on Main only $69 a month.  Broadway Center on Broadway only $50 a month.  SL Business Suites on Broadway only $59 a month.  There are no long term commitments for these office locations.  A six month contract.  Only a 12 minute drive from the Salt Lake City International Airport.
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New York Mansion Tax

New York Mansion Tax

New York Mansion Tax

Tax Will Further Slow a Sluggish Market

IncSmart New York (Small Business and Startups) - New York Mansion Tax gets moved along with the State Senate Democrats while looking around for more income to overhaul a crumbling mass transit system.  The new law imposes the bill on buyers but with the real estate sluggish in New York, it will more than likely be paid for by the sellers.  Luxury homes are down 25% and the inventory is growing. 
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Hemp Farming in New Mexico

Hemp Farming in New Mexico

Hemp Farming in New Mexico

Alternative Crops in Billion Dollar Industry

IncSmart New Mexico (Small Business and Startups) - Hemp farming in New Mexico is setting a new era for agriculture in the state as the cannabis industry is emerging.   It does not come without excessive rules and regulations however with licensing, testing for THC levels, and inspections.  Government officials are saying it will be a boost for the state of New Mexico.  Crops will be destroyed if the do not meet the New Mexico agriculture rules.  New Mexico is joining the states of Kentucky, Oregon, Montana and Colorado as hemp producers to compete in the billion dollar industry.  
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Louisiana Natural Gas Facility

Louisiana Natural Gas Facility

Louisiana Natural Gas Facility

Trump's America First Policy

IncSmart Louisiana (Small Business and Startups) - Louisiana natural gas facility opened by Sempra Energy to begin production to liquify natural gas for export.  The new, $10 billion dollar plant has sold all of it's production for the next 20 years at it's massive export terminal.  Sempra is estimating 12 million tons of Natural Gas per year will flow through the new facility.  Sempra Energy is a San Diego based Corporation.  
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Amazon's Kentucky Air Hub

Amazon's Kentucky Air Hub

Amazon's Kentucky Air Hub

2000 Employees to be Hired

IncSmart Kentucky (Small Business and Startups) - Amazon's new Kentucky air hub just broke ground in the suburb of Cincinnati.  Amazon is investing 1.4 billion dollars on its new delivery location.  Amazon will lease 900 acres of land from the airport for 50 years.  The building will be the largest in Kentucky.  The new air hub will enable Amazon to deliver more of it's products in place of using shipping companies like the US Postal service and the overnight companies of Fed Ex and UPS.  Prime delivery times will change from two days to one day.  
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Connecticut Estate Tax

Connecticut Estate Tax

Connecticut Estate Tax

Public Pension Liability is Growing

IncSmart Connecticut (Small Business and Startups) - Connecticut Estate Tax is under scrutiny.  There is a proposal to the General Assembly to end the Death Tax to it's citizens.  Legislatures are looking for ways to reduce spending in the mist of the Estate Tax proposal.  However higher taxes on sales and income are on the table as well as tuition increases at UConn.  Up to 4000 state employees could be facing layoffs, with pay raises and payments to hospitals are on hold.  
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