News (2428)
Small Businesses Have Tax Credits
According to the Guardian, small businesses can take advantage of two tax credits to help them offset losses due to Covid.
While a lot of attention has been given to the recent renewal of the paycheck protection program, there are two tax credits included in last December’s Taxpayer Certainty and Disaster Tax Relief Act that may actually be more valuable for many small businesses.
Read more...Small Business Encourage Vaccination
Small businesses getting creative in ways they are encouraging employees to get vaccinated, reports Inc.
Getting your employees vaccinated makes sense -- for business as well as general health and safety. Private-sector participation in helping people get vaccinated is also likely to be crucial in revitalizing the economy.
Read more...Small Business Happy About Buy American
Small business owners applaud Biden’s call to strengthen the “Buy American Act”.
Many small-business owners — especially those with government contracts — celebrated Monday's news that President Joe Biden had signed legislation to tighten the "Buy American Act."
Read more...Bartering Helps Businesses Keep Afloat
According to the Small Business Times, small businesses are using bartering to side step cash flow issues.
According to BizX, the barter exchange platform, more and more businesses are opting towards creative ways to solve the issue of cash flow by trading in services and products rather than transacting in cash.
Read more...Agritourism Helps Small Farmers and Businesses
According to WTKR, with regular tourism down many small businesses are seeing a boost from RV owners doing ‘agritoursim’.
During a time where the coronavirus pandemic has curtailed tourism and travel and has hit local small businesses like farms and farmer’s markets, agritourism has helped businesses see a boost and travelers get their travel itch taken care of.
Read more...Helping Small Business Secure Government Contracts
President Biden’s new Executive Order could help minority owned small businesses secure government contracts, reports Washington Technology.
Among the raft of executive orders President Biden has signed in his first days in office is one that has the potential to revamp small business contracting.
Read more...Small Businesses Struggle to Make Rent
A new survey from Alignable finds that 49% of all minority small businesses couldn’t make rent in January, reports Axios.
Nearly half (49%) of all minority small business owners and a third (33%) of all small business owners were unable to pay their rent this month, according to the latest survey from Alignable.
Read more...No Second Round of Economic Injury Relief
According to CNBC, there will be no second round of funding for the Economic Injury Disaster relief loan program.
Small businesses that took a hit from the coronavirus pandemic will be able to draw a second Paycheck Protection Program loan. But the same isn’t true for another popular Covid-era funding source for entrepreneurs.
Read more...More Small Business Relief Planned
Incoming President Biden has a $1.9 trillion dollar economic relief plan in the works that helps individual taxpayers and small businesses, reports CPA Practice Adviser.
President-elect Joe Biden rolled out a $1.9 trillion coronavirus relief plan — including $1,400 stimulus payments for taxpayers who received previous stimulus payments — aimed at beating back the highly contagious virus and resurrecting an economy in tatters from the pandemic.
Read more...Small Businesses Eager for More PPP
Small businesses are eager to apply for the second round of funding available under the Payroll Protection Program, reports CNBC.
For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues.
Read more...
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