GOP: US small businesses to pay more taxes than small businesses in China if TCJA expires
Republicans on the House Ways and Means Committee, the House's main tax committee, said at a hearing Tuesday that millions of small businesses in the United States would be in the lurch if Congress allows the tax cuts from President-elect Trump's first term to expire. He pointed out that it would be beneficial. higher than […]
Palisades wildfire: Candace Cameron Bure fears families, small businesses will not recover from devastation
Candace Cameron Bure said she worries that Los Angeles' Pacific Palisades neighborhood will struggle to recover after wildfires devastated the upscale neighborhood. The Palisades Fire, which started in the Santa Monica Mountains late Tuesday morning and was fanned by strong Santa Ana winds, has already burned more than 15,000 acres and destroyed more than 1,000 […]
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded Friday as companies criticized the Biden administration's decision to block Japanese rival Nippon Steel's acquisition of steelmaker U.S. Steel, citing national security concerns. sent. Nippon Steel and U.S. Steel said they were “regretted” by the decision and said the administration had not presented evidence that the deal could harm national security. “Instead […]
Tax Cuts Need to Be in First Reconciliation Bill to Give Businesses Certainty
On Monday's broadcast of Fox Business Network's “Morning with Maria,” U.S. Rep. Beth Van Dine (R-Texas) talked about the first steps the new Republican Congress would pass to give businesses certainty. He said the settlement should include tax cuts, and also said there could be tax cuts. There is only one adjustment package. asked Heritage […]
Will Trump's deportations create a hardship for small businesses? Let’s hope so.
There is Labor shortages continue, This makes it extremely difficult for small businesses to find and retain qualified workers. I wonder if President-elect Trump will do the same. Imminent deportation of illegal immigrants What's the additional headache for some of these employers? Let's hope so. President Trump has made it clear that he is going […]
JAMES CARTER AND PALMER SCHOENING: The Grinch That Could Steal Christmas For Small Businesses
Unless Congress acts quickly, America's small business owners preparing for Christmas may soon get a visit from the Compliance Grinch. carry a fine And you could end up in jail down the chimney. New beneficial ownership information reporting requirements based on Corporate Transparency Act (CTA) intends to trap millions of business owners across the country […]
Majority of small businesses expect revenue growth in Trump’s first year: data
A U.S. Chamber of Commerce report obtained by Fox News Digital says small businesses are optimistic about revenue growth in 2025, when President-elect Donald Trump begins his second administration. MetLife Life's latest Small Business Index report and American Chamber of Commerce Seven out of 10 small businesses, or 72%, said they expected their revenue to […]
Video shows tornado flips cars, damages businesses in Northern California
A rare tornado ripped through Northern California on Saturday, flipping over cars, damaging homes and businesses and leaving thousands without power. Photos and video from Santa Cruz County showed the town of Scotts Valley was the hardest hit, with Christmas shoppers evacuated as severe weather battered the region. In one video, a woman can be […]
Intuit Debuts Tax Platform Tools for Consumers and Small Businesses – PYMNTS.com
intuition has rolled out a new tax platform product for individual and small business filers. Companies that provide services such as turbo tax, credit karma and quickbooks announced the new tool on Thursday (Dec. 5), saying it's part of an effort to help taxpayers outside of tax season. “Getting your tax refund is a pivotal […]
Top NATO military official urges businesses to be prepared for ‘wartime scenario’
A senior NATO military official on Monday warned businesses to prepare for wartime scenarios. In a wartime scenario, production and distribution lines may need to be adjusted to be less vulnerable to threats from Russia and China. Dutch Admiral Rob Bauer, chairman of the NATO Military Committee, told attendees at an event at the Center […]