A bill proposed by Minnesota Congresswoman Betty McCollum would create a 16-member bipartisan council to represent nonprofit organizations in Washington D.C., according to the Nonprofit Times.
Under the Hiring Incentives to Restore Employment (HIRE) Act, enacted March 18, 2010, two new tax benefits are available to employers who hire certain previously unemployed workers (“qualified employees”).
Many entrepreneurs are exploiting a tax law loophole by rolling over their 401(k) retirement accounts to help finance their new small business.
According to a new survey, executives and small business owners in San Francisco are more confident in the future of the region’s economy than they have been in the last five years.
Entrepreneurs looking to create a corporation in Massachusetts are now seeing some encouraging signs. Small business lending and new business formation is on the rise in the state, according to the Boston Globe.
A Decatur, Alabama, business incubator is now back open for business after city officials revamped what had been a largely stagnant project in recent years, according to the Decatur Daily.
Goldman Sachs’ 10,000 Small Businesses Initiative will funnel $20 million to community-based financial institutions to help increase lending to entrepreneurs.
The U.S. House of Representatives will soon vote on a small business loan fund proposed by President Barack Obama earlier this year to promote job growth and new business formation.