Trucking LLCs Must File New Federal Report Under Law
Trucking company owners may find themselves among the limited liability company proprietors facing penalties if they fail to report information required by the Treasury Department.
US Small-Business Optimism Drops by Most Since End of 2022
U.S. small-business optimism in January suffered the biggest drop since 2022, due to weak profits and sales expectations, according to the National Federation of Independent Business.
Small Business Optimism Drops for First Time Since June
Optimism among U.S. small businesses retreated in October for the first time in four months as the sales outlook worsened, while some measures of inflation accelerated.
Record Share of US Small Businesses Raised Wages in December
A record 48% of U.S. small business owners said they raised compensation in December and nearly a third said they plan to do so in the coming months, the National Federation of Independent Business said Jan. 6.
Half of Small Businesses Have Unfilled Positions
Small Business COVID-19 PPP Runs Out of Money
The Small Business Administration said May 5 that the Paycheck Protection Program has been exhausted, after giving out nearly 10.8 million loans worth more than $780 billion since April 2020.
Senate Extends PPP Deadline by Two Months
WASHINGTON — The Senate on March 25 passed a bill to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program, giving applicants two more months to apply for federal aid. The vote was 92-7.
Small Businesses Mull Job Cuts After Aid Runs Out
At least 1 in 10 small businesses in the U.S. are expecting to lay off workers once their fiscal relief funds run out, according to a new survey.
Trump, Congress Near Deal on Small Business, Hospital Aid
The Trump administration and Congress expect an agreement April 20 on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
Smaller Share of US Small Businesses Unable to Fill Positions
U.S. small businesses found it a little easier to fill jobs in December, consistent with a moderating, yet still-robust, labor market, National Federation of Independent Business data showed Jan. 9.