On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010 (the “Act”) which includes a number of tax breaks and incentives for businesses. The Act contains several tax initiatives designed to assist small businesses. The following is a brief overview of the most important tax-related changes in the Act.
Category: The Business of Franchising
Update: House Approves Small Business Bill; Obama Expected To Sign Monday
Well, here’s some good news on the economic front: as expected, the House approved the small business bill I reported on last week. The measure passed by a vote of 237-187, with all but thirteen Democrats and one Republican supporting the bill.
Breaking News: Congress Approves Small Business Loan / Tax Package
Finally, after many months of waiting, the Senate today passed legislation that is designed to give some relief to small businesses.
U.S. Census Bureau Issues Report On Franchising
For the first time ever, the U.S. Census Bureau issued a report today on the nation’s franchised businesses. The report, entitled the Economic Census Franchise Report, found that franchise businesses account for 10.5 percent of all businesses operating in the U.S., and nearly 17 percent of the total amount of sales made in the country, with nearly $1.3 trillion dollars in sales annually.
Are Politics Preventing Relief To Small Businesses?
The Senate voted today to continue the filibuster on the Small Business Jobs Act. Are politics getting in the way of relief to small business owners?
Nevada Franchise Business Network: Summer 2010 Meeting
The next meeting of the Nevada Franchise Business Network will be on Wednesday, August 11, 2010 at 5:00 PM in the Cili Restaurant at Bali Hai Country Club.
