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Small business owners face severe penalties if they don't report to the federal government by year's end. Thousands of businesses may not realize they are subject to a new reporting process ...
An anti-money laundering law called the Corporate Transparency Act, or CTA, is now back in action after a Dec. 23 court ruling that will require millions of small business owners to register with ...
Small business owners should not forget about a rule — currently in legal limbo — that would require them to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...
Business.gov was launched in 1997 as the U.S. Business Advisor by the National Technical Information Service of the United States Department of Commerce.The U.S. Business Advisor aimed to improve interaction between businesses and government agencies by providing a single resource for finding tools, how-to guides, frequently asked questions, current items of interest, and information on doing ...
The elaws (Employment Laws Assistance for Workers and Small Businesses) Advisors are a set of interactive, online tools developed by the U.S. Department of Labor to help employers and employees learn more about their rights and responsibilities under numerous Federal employment laws. They address some of the nation's most widely applicable ...
According to the Small Business & Entrepreneurship Council, Ohio's top personal income tax rate ranks #25 as of 2014. [228] The rate has been steadily declining since the 2005 tax reform, dropping from $11,506.20 + 7.5% of excess over $200,000 in 2004 to $8,671.63 + 5.421% of excess over $208,500 in 2013. [229]
Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...
The NFIB supported the America's Small Business Tax Relief Act of 2014 (H.R. 4457; 113th Congress), a bill that would amend section 179 of the Internal Revenue Code, which mostly affects small- to medium-sized businesses, to retroactively and permanently extend from January 1, 2014, increased limitations on the amount of investment that can be ...