The 20% tax deduction that small business owners can take thanks to the Tax Cuts and Jobs Act is popular with small business owners, reports CNBC. Over 14 million filers claimed that tax during the 2018 tax season. 

The tax overhaul unveiled a new 20% tax deduction for small business owners in 2018 — and just over 1 in 10 filers so far have claimed it.

Small businesses seeking loans are getting approved at record rates reports Forbes. 

Approval rates for small business loan applications rose to another post-recession record (27.7%) at big banks ($10 billion+ in assets), while also climbing above 50% at small banks in July

Another cyber security breach, this time affecting Capital One, could spell trouble for small business owners, reports Small Business Trends. 

Online security was a big topic in the past week.

Of course, news broke mid-week about the big Capital One data breach. And we talked about how you can deal with that as a small business owner and entrepreneur.