Archive | Small Business Tips

Watch Out for SBA Loan Scammers

When it’s tough to get a bank loan, scammers pop out of the woodwork with offers to “help.” Recently, the Small Business Administration warned business owners about a spike in complaints they’ve received about SBA loan fraud. A particular target is apparently the SBA Express loan, which offers loans up to $350,000, Entrepreneur.com reported. Here’s … Read More »

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Tax-saving Moves for Small Businesses

If you’re a shareholder in a successful closely held C corporation, you know this year’s federal income tax rate structure is favorable to your cause. If your company pays you a dividend this year, the maximum federal income tax rate will be only 15 percent. The same 15 percent maximum federal rate will apply to … Read More »

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Tax Law Change Could Hit Small-business Owners

LOS ANGELES – An urgent tax-extender bill that’s stuck in the Senate would ensure that unemployment payments aren’t cut off to some jobless workers, plus prevent a cut to doctors’ Medicare payments. But, as its name implies, the bill also would extend quite a few tax breaks, reported MarketWatch. Those provisions include the teacher’s $250 … Read More »

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Senate Eases Impact of Bill’s Tax Increases on Small Businesses

Senate Democrats trying to pass a bill that extends many popular but expired tax breaks have softened two tax increases that had aroused concerns among some small-business supporters. But that was not enough to save the revised measure from a threatened Republican filibuster on Thursday night, The New York Times reported. The American Jobs and … Read More »

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Columbus Chamber to Offer Small Business Access to Lenders

COLUMBUS, Ohio – In response to concerns raised by its small business members regarding access to credit, the Columbus Chamber is offering an opportunity for businesses to have their capital needs assessed by a variety of lenders. The event, “Accessing Financing for Your Business: Speed Meetings with Lenders”, will be held from 8 a.m. to … Read More »

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House Approves Small Business Lending Bill

The House of Representatives has approved a small business lending program sought by President Barack Obama to boost economic growth and encourage job creation, Reuters reported. The House voted 241-182, mostly along party lines, for a bill which would authorize a $30 billion fund the Treasury Department would use to provide capital to small community … Read More »

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