The Better Business Bureau says a new telephone-based scam abusing disability services is targeting many small businesses, including restaurants and other business types.
Telephone credit card scam targets business owners
Increase in credit union cap could free up $10B in business loans
Credit union activists are trying to encourage lawmakers raise the credit union lending cap – a move that could allow credit unions to give out $10 billion in additional loans for business formation and other uses.
Proposed House bill would spur small business formation
House lawmakers could begin debate as early as Thursday on a bill that would eliminate capital-gains taxes on many small business investments and create a $30-billion small business loan fund.
Small business exception will stay in financial reform bill
Massachusetts Representative Barney Frank – the chair of the House Financial Services Committee – says that he expects a rule exempting small and medium businesses from costly audits to survive negotiations between the House and Senate. The rule was mandated in the Sarbanes-Oxley Act.
Idaho trying to lure more small businesses
The Idaho Department of Commerce has launched a website as part of its public relations campaign to try to encourage existing small businesses and aspiring entrepreneurs to create a corporation there.
Repeal of New Hampshire LLC tax will be included in budget negotiations
New Hampshire lawmakers say they will now work to repeal a tax on limited liability corporations during upcoming budget negotiations, after failing to include the repeal in a bill regarding reasonable compensation.
IRS tells nonprofits that missed the tax deadline to file anyway
The Internal Revenue Service continues to urge thousands of 501(c)(3) charitable organizations that missed last month’s tax deadline to file their paperwork as soon as possible.
New Jersey entrepreneurs see signs of recovery
Officials in New Jersey are seeing signs of the economic recovery through an increase in business incorporations and small business loans over the past year, according to the New Jersey Times.