State Tax Filing Deadlines for 2020
Here’s What Happened in the World of Small Business in March 2021
Here are five things that happened this past month that affect your small business. 1) The American Rescue Plan was signed into law and includes various provisions for small businesses. The American Rescue Plan (ARP) was passed by Congress and signed into law by President Biden on March 11, 2021. While parts of the bill […]
Here’s What Happened in the World of Small Business in April 2021
Here are five things that happened this past month that affect your small business. 1) President Biden announced tax credits for COVID-19 vaccination paid time off.The President announced on April 21st “tax credits for certain businesses that pay employees who take time off to get COVID-19 shots, a new effort to involve corporate America in […]
Here’s What Happened in the World of Small Business in May 2021
Here are five things that happened this past month that affect your small business. 1) The US Treasury proposed a global minimum corporate tax rate of 15%. Continuing its push for a global minimum tax for businesses, the Treasury Department said on May 20th that corporations should pay at least a 15% tax on their […]
Here’s What Happened in the World of Small Business in June 2021
Here are five things that happened this past month that affect your small business. 1) There’s a tight labor market nationwide these days, and it’s giving workers more leverage.The economy’s recovery is giving low-wage workers more leverage, as “ballooning job openings in fields requiring minimal education” combine with a shrinking labor force. For some, this […]
Here’s What Happened in the World of Small Business in July 2021
Here are five things that happened this past month that affect your small business. 1) The G20 backed historic corporate tax reform at the latest summit.Another step forward for proponents of a global corporate minimum tax: At the first face-to-face G20 meeting since the start of the pandemic, “a landmark proposal to stop multinational companies […]
Here’s What Happened in the World of Small Business in August 2021
Here are five things that happened this past month that affect your small business. 1) The Senate passed a $1.2T infrastructure package.At the beginning of August, the Senate passed a bipartisan infrastructure package, “the largest upgrade to the country’s roads, bridges, pipes, ports and broadband in decades.” There are a few steps left before this […]
Here’s What Happened in the World of Small Business in September 2021
Here are five things that happened this past month that affect your small business. 1) House Ways & Means Committee releases tax policy outline.Every business owner should be monitoring the debate and tax policy coming out of Washington DC. The latest tax proposals may change before Democrats craft the final bill but include changes to […]
Here’s What Happened in the World of Small Business in October 2021
Here are five things that happened this past month that affect your business. 1) Higher corporate rate appears to fall out of economic packageBiden’s advisers said that they are pursuing a range of ideas that could still raise substantial sums of money from corporations and the rich, including a tax on billionaires’ assets Full story […]
New Zealand’s U-Turn on Smoking Ban Sparks Backlash
In a surprising move, New Zealand’s new government has reversed its progressive smoking ban introduced just a year ago, causing an uproar among public health officials and anti-tobacco groups. The groundbreaking legislation aimed to prohibit the sale of tobacco to individuals born after January 1, 2009, and was applauded globally for its commitment to saving […]