News (2411)
Government Ditches Additional Relief
Despite overwhelming support from small businesses, it looks like the government won’t offer additional financial relief, reports CNBC.
A majority of small business owners on Main Street say they support more financial relief from the federal government, but the resolution of the battle in Congress last week over the spending bill for the federal government shows that it may not be coming.
Read more...Making Tax Time Easier
Three ways small businesses can make tax season easier, reports Small Business Trends.
No one likes to deal with taxes each year. The rigmarole of gathering information, submitting documentation, and making sure that you’ve crossed all your t’s and dotted all of your i’s can feel like a lot of work — even on an individual basis.
Read more...Small Businesses Brace for Cyber Attacks
US small businesses should brace for a wave of Russian cyber attacks, reports USA Today.
As Russian military forces escalate attacks in Ukraine, the United States is bracing for another kind of invasion closer to home.
Read more...Should Small Businesses Be Optimistic?
According to the Guardian, small businesses optimism has waned but should it actually be rising?
Small businesses today are struggling and their optimism is waning. Or are they?Yes: the closely watched Small Business Optimism Index from the National Federation of Independent Businesses dropped in January to a level of 97.1, well off its recent peak of 102.5 in June 2021
Read more...Grant Application Time
Several states have small business grants available, but the deadline to apply is quickly approaching, reports Small Business Trends.
The key to applying for grants and having the opportunity to receive the funds is to follow their guidelines, one of which is time
Read more...Large Amount of PPP Loans Remain Unforgiven
According to the Dallas News, a significant portion of PPP loans haven’t been forgiven.
Almost 350,000 loans made to small businesses in 2020 during the COVID-19 pandemic haven’t been forgiven, according to a Bloomberg News analysis of Paycheck Protection Program data, and most of them are for less than $25,000.
Read more...Small Businesses Can Save on Taxes
According to WAVY.com, tax season is here and small businesses are looking for ways to save on taxes.
Taxes are complex, and for small-business owners, freelancers and people with side gigs, they’re even more complex — especially now, as filers reckon with the tax effects of small-business relief programs and rule changes.
Read more...Brands Head for the Metaverse
Big brands are joining the metaverse and maybe it is time that small businesses did too, reports the Guardian.
The metaverse. You’ve heard about it. You’ve read about it. But do you really understand it? Unfortunately, most small business owners I know don’t. They should.
Read more...Black Owned Business Get Grants
According to Small Business Trends, Wells Fargo has donated $20 million dollars to help Atlanta Small Businesses.
There are four specific programs available under this new funding umbrella: the Small Business Loan Fund, Asset Building Assistance, Facade Improvement Grants, and Commercial Ownership Growth.
Read more...Pandemic Changes Here to Stay
Small businesses that pivoted during the pandemic may find that some of those changes are here to stay, reports Cleveland.com.
When the pandemic hit, Carolina Sanchez-Hervas had to make some big changes to her small business. Limited by government restrictions, her company CSH Translations, which provides live interpretation for court cases, began offering virtual services to support clients whose needs couldn’t wait. While the transition was challenging at first, it helped her company grow in unexpected ways.
Read more...
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