Small Business
Latest News
IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
Professionals on the Move – Nov. 2024
New Home Construction Surges, Beats Expectations
U.S. housing starts unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting residential construction is on track to help fuel economic growth.
Commercial Insurance Rates Increased by 5.6% in Q1 2023
The aggregate commercial price change reported by carriers was an increase of 5.6%, up from the rate of 4.8% in the previous quarter.
Most Small Business Owners Don’t Want Their Kids to Inherit and Run Their Business
Among parents, nearly all (94%) want their children to forge their own path, rather than follow in their footsteps.
Conservatives’ Budget Plan Renews Battle Over Social Security Benefits, Tax Cuts
The proposal would gradually raise the age at which future retirees can claim full Social Security benefits from 67 to 69.
IRS, Treasury Issue Proposed Guidance on Monetization Options for Energy Tax Credits
The proposed rules released on June 14 focus on elective pay and transferability of credits under the Inflation Reduction Act.
IRS Clarifies Elective Payment Rules for Semiconductor Chips Tax Credit
The CHIPS Act allows eligible taxpayers to make an election to treat the credit as a payment against federal income tax.
Imports for First Half of 2023 Drop 22% Over Previous Year
Import cargo volume at the nation’s major container ports is expected to be 22% lower during the first half of 2023 than the same time last year despite increased consumer. spending
Business Owners’ ERC Payouts Could Take Up to 160 Days, IRS Says
Small business owners are seeing delays drag out for months for the employee retention credit tax claims they've submitted.