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Date/Time | Title | Description |
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January 7, 2021 | IRS to Increase Small Business Audits But There Are Ways to Protect Yourself | Despite studies showing that 800 small businesses are closing every day in the US, the Internal Revenue Service is planning a 50 percent increase in audits of small businesses. “The IRS i ...Read more |
January 4, 2021 | SBA Launches Digital Learning Platform for Women Entrepreneurs, 20 Business Centers | The US Small Business Administration (SBA) has announced the launch of 20 new Women Business Centers (WBC) — the largest ever expansion of its network in its history — as well as a new digital ...Read more |
December 30, 2020 | US Business Registration Up 82 Percent But it May Mostly be Glorified Gig Work | A new report shows that business formation applications in the United States are up 82 percent in the three months leading up to September in comparison to the same months in 2019, reflecting a tre ...Read more |
December 24, 2020 | Minority Businesses Stand to Benefit From New PPP Rules, Pilot Program | In addition to earmarks meant to help minority businesses secure forgivable loans, new legislation passed by Congress creates a pilot program to help foster small businesses owners around historica ...Read more |
December 21, 2020 | What Your Small Business Needs to Know About the New Stimulus Package | Congress is poised to pass a 5,593-page economic stimulus bill. As Contractor News continues to examine the massive document, we wanted to present some highlights from the bill pertaining to small ...Read more |
December 18, 2020 | One in Six US Restaurants Have Closed Down — Moms-and-Pops Suffer Much Worse than Chains | The US restaurant industry is undergoing an earthquake. Rather than small restaurants surviving through a hibernation (or a partial hibernation) during corona — backed by unprecedented amounts of ...Read more |
December 4, 2020 | Congress Weighs Watered-Down Stimulus, as New PPP Failures Revealed | This week, new flaws in the Payment Protection Program (PPP) have come to light thanks to a lawsuit forcing the Small Business Administration (SBA) to release troves of data on the program. Meanwhi ...Read more |
November 15, 2020 | Puerto Rico: A HUBZone boost for a ravaged economy? | The U.S. federal government’s updated rules for Historically Underutilized Business Zones (HUBzones) program could be a much-needed boon for Puerto Rico’s economy which has been devastated by H ...Read more |
November 27, 2020 | Advocacy Groups Sound the Alarm on Minority Business Survivability | A new report co-authored by two advocacy groups -- UnidosUS and Color of Change -- examines the results of federal efforts to bail out struggling minority-owned small businesses and minority worker ...Read more |
October 18, 2020 | Left for Dead?: Are Minority-Owned Businesses Getting the Covid Relief They Need? | The Office of the Inspector General (OIG) for the Small Business Administration (SBA) has not released an assessment on whether minority and other underserved businesses are getting the relief they ...Read more |