The new Inflation Reduction Act provides small businesses with an incentive to increase their investments in research.
Tag: small business
EIDL loans, restaurant grants offer relief to struggling small businesses
Could your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options.
Launching a small business? Here are some tax considerations
For tax purposes, there are many ways to conduct a business. For example, you may operate as an S corporation or a partnership. But many new ventures start out as sole proprietorships. Here are some tax considerations involved in operating with that entity.
PPP adjusted to prioritize very small businesses
The Paycheck Protection Program has undergone some notable changes recently as the Small Business Administration and Biden administration seek to give very small businesses easier access to loan funds.
Financial Assistance for Small Businesses – SBA Loans
On March 6, 2020, President Trump signed the Coronavirus Preparedness and Response Supplemental Appropriations Act, which provides for emergency supplemental appropriations in the amount of $8.3 billion to address issues caused by the coronavirus outbreak. As part of this Act, the Small Business Administration (“SBA”) was authorized to provide disaster assistance loans on a state-by-state basis.[ … ]
DOL Final Rule on Association Retirement Plans (ARPs) Benefiting Small and Mid-size Businesses
According to a 2018 study by the U.S. Bureau of Labor Statistics, “approximately 38 million private-sector employees in the United States do not have access to a retirement savings plan through their employers.” On July 29, 2019, the U.S. Department of Labor announced a new rule that allows small and mid-size businesses to gain access[ … ]
