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News (2200)

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.

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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.

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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

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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

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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.

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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.

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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.

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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.

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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.

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Finding Good Employees

Small businesses need to take steps to attract good employees, reports Forbes. 

In October 2021, 4.2 million U.S. workers quit their jobs, and the small-business community likely felt this impact most dramatically.

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