Central Texas small businesses react to possible tax breaks | kcentv.com
Texas lawmakers passed House Bill 9, impacting business inventory at local businesses.
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Small Business Credit Is Tightening — Here's How to Prepare for What's Ahead | Entrepreneur
With credit conditions shifting, SMBs must stay flexible to secure funding Many small and mid-sized business (SMB) owners entered 2025 with high hopes: a stronger economy, falling interest rates and easier access to credit. But just a few months in, the landscape looks more complicated.According to the National Federation of Independent Businesses (NFIB), the Small Business Optimism Index dropped 2.3 points in January 2025 to 102.8. While still above the long-term average of 98, it's a notable shift.For SMBs hoping to borrow in 2025, these trends suggest a more cautious outlook, not just among business owners but among the lenders they rely on. The Federal Reserve's January 2025 Senior Loan Officer Opinion Survey (SLOOS) reveals that banks are beginning to tighten credit standards for small business borrowers, especially those with lower credit scores.In my experience, non-bank lenders who understand the realities of running a business offer the kind of flexibility, speed and partnership that help companies thrive, no matter what the economy does next. Many small and mid-sized business (SMB) owners entered 2025 with high hopes: a stronger economy, falling interest rates and easier access to credit.
Small Businesses Self-Employed | Internal Revenue Service
Access tax forms, including Form Schedule C, Form 941, publications, eLearning resources, and more for small businesses with assets under $10 million. Resources for taxpayers who file Form 1040 or 1040-SR, Schedules C, E, F or Form 2106, as well as small businesses with assets under $10 million.
NFIB Thanks Congress for Passing Landmark Small Business Tax Relief Bill - NFIB
NFIB applauds Congress for passing the One Big Beautiful Bill Act, which includes a permanent extension of the 20% Small Business Tax Deduction. WASHINGTON, D.C. (July 3, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, applauds Congress for passing the One Big Beautiful Bill Act, which includes a permanent extension of the 20% Small Business Tax Deduction, achieving NFIB’s top legislative priority to stop the small business tax hike.The 20% Small Business Deduction, originally enacted as part of the 2017 Tax Cuts and Jobs Act, was set to expire at the end of 2025. Without Congressional action, millions of small businesses would have faced a significant tax increase.Along with making the Small Business Deduction permanent, the One Big Beautiful Bill Act includes additional wins for small businesses: Increases Section 179, Small Business Expensing Cap from $1.25 million to $2.5 million.This will allow small businesses to fully expense business equipment purchases in the first year. Makes the 2017 marginal rate cuts permanent. Without this provision, five out of seven marginal (individual) income tax rates will rise at the end of the year. Nine out of 10 small businesses are organized as pass-through businesses and pay regular income tax rates rather than the C-corporation rate.
Small Business Majority
In response to drastic federal program cuts, onerous tariffs and expanded deportation of immigrants, Small Business Majority has built the Small Business Rapid Response Coalition to ensure that small businesses are front and center in our policy debates in Washington. The coalition, which has grown to 170 CDFIs and business support organizations, is amplifying the voices of entrepreneurs and engaging with policymakers to highlight the needs and concerns of small business owners across the country, with the goal of ensuring economic opportunity for all during these challenging and uncertain times.Small Business Majority has released a new national poll, which reveals that 74% of small business owners support a policy that would allow business owners to deduct their first $25,000 in qualifying business income instead of the existing 20% deduction. Additionally, entrepreneurs believe that the federal tax system favors large corporations over small businesses and that large corporations don’t pay their fair share of taxes.The report, in addition to shedding light on capital challenges, reveals small businesses do not support President Donald Trump and the Department of Government Efficiency’s actions to cut government spending.Launching your small business can be challenging, but with Venturize.org, you can access tools and information to do so confidently. Available in English and Spanish, Venturize offers unbiased education on financial management, securing capital, navigating government resources and more.
Starting a business
You can also visit your Local Enterprise Office for advice on how to start, grow and develop your business. There are 31 Local Enterprise Offices in Ireland who work with micro-enterprises, sole traders and Small and Medium Enterprises (SMEs). Enterprise Ireland gives support and advice to ... You can also visit your Local Enterprise Office for advice on how to start, grow and develop your business. There are 31 Local Enterprise Offices in Ireland who work with micro-enterprises, sole traders and Small and Medium Enterprises (SMEs). Enterprise Ireland gives support and advice to larger start-ups and SMEs.If you are starting a business, you can apply for funding and grants from a range of sources. Small Business Cashflow Loans from €2,000 to €50,000 are available through Microfinance Ireland (MFI), to business that can’t get loans from banks or other commercial finance providers.What you need to know if you are thinking of setting up a business in Ireland.If you are thinking about starting a business, there are supports to help you plan, set up and get funding.
Why lawmakers want probe of state program that helps nurture new small businesses
Rep. Chris Banning, R-Bixby, and Rep. Mike Lay, R-Jenks, said they want to examine the effectiveness of the state’s small business incubator program to determine if it is having the intended long-term impact, if it is being marketed effectively and if any changes need to be made to it. The incubator program, which was created in 1988 through the Oklahoma Small Business Incubators Incentives Act, provides startup businesses with state tax exemptions for up to 10 years with an aim of diversifying local economies.Some incubators may qualify for additional support from local governments, universities and business development organizations. A 2024 annual report released by the Oklahoma Department of Commerce found that there were 26 certified incubators and that 152 small businesses leased space from those incubators.The National Business Innovation Association found that 87% of all businesses that graduated from incubator programs remained in existence after five years, the group said. Oklahoma’s analysis found that over 780 small businesses have graduated from an incubator since the program’s inception over three decades ago.Janet Schwabe, a member of the Oklahoma Business Incubator Association and manager of the Pioneer Technology Center, a technical school incubator in Ponca City, said the current data collection process can result in incomplete or inconsistent information. According to the Oklahoma Commerce Small Business Incubator annual report, the data reported comes from the incubator managers themselves.
Small Business Administration
We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. Find an SBA lender near you to help fund your business. ... Apply for a low-interest disaster loan to help recover from declared disasters. ... Learn how to find and win small business government contracts.Businesses and individuals impacted by recent disasters may be eligible for SBA assistance.SBA and our partners host virtual and in-person educational trainings to help start and grow your business.SBA's onshoring portal helps connect businesses with verified U.S.
Tax Bill Will Deliver Permanent Relief for Small Businesses | U.S. Chamber of Commerce
The One Big Beautiful Bill Act includes permanent, pro-growth tax reforms designed to boost American small businesses. To ensure that pass-through entities like sole proprietorships, partnerships, and S corporations—including the vast majority of American small businesses—would not be placed at a major disadvantage relative to C corporations, Congress also created a new 20% deduction for qualified business income (QBI).[1] Unlike the permanent rate reduction for C corporations, however, the QBI deduction is scheduled to expire at the end of this year.It would also make taxpayer-favorable changes to the phase-in of existing limitations, expanding eligibility for the deduction to more businesses. Finally, it would grant small business owners with a certain QBI level an enhanced baseline deduction by introducing a new, inflation-adjusted minimum deduction of $400.Starting in January 2022, however, businesses have been required to amortize (deduct ratably) their R&E expenses over five years. As we’ve previously written, mandatory R&E amortization reduces economic growth and penalizes investments by businesses in research-intensive industries—with disproportionate effects on smaller manufacturing and technology companies.The tax bill will address this counterproductive policy by permanently reinstating the deduction for domestic R&E expenses paid or incurred in 2025 and beyond. And in a critical nod to mandatory amortization’s disproportionate impacts on small businesses, the bill will generally permit business taxpayers with average annual gross receipts of $31 million or less to apply the change retroactively to 2022.
Pennsylvania Small Business Development Centers names new state director
Sarah Mailloux will take up the position of Pennsylvania Small Business Development Centers' new state director starting Aug. 11. Mailloux returns to Kutztown University after serving as the development centers’ associate state director for nearly two years, followed by two years as the current associate state director of the Delaware Small Business Development Center.She has served as an adjunct faculty member at the University of Delaware Lerner College of Business and received a Most Valuable Professor Award in 2024 for teaching excellence. “I am honored to serve the PASBDC network as its state director,” Mailloux said. “This network is unique in its passion, energy and impact on small businesses across the state.Sarah Mailloux will serve as state director of the Pennsylvania Small Business Development Centers starting Aug.The Pennsylvania Small Business Development Centers, a statewide economic development organization with its lead office at Kutztown University, has named Sarah Mailloux as its new state director.
Small business - Wikipedia
Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify ... Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy.The qualifications vary depending on the country and industry. Small businesses range from fifteen employees under the Australian Fair Work Act 2009, fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S.While small businesses can be classified according to other methods, such as annual revenues, shipments, sales, assets, annual gross, net revenue, net profits, the number of employees is one of the most widely used measures.Small businesses in many countries include service or retail operations such as convenience stores or tradespeople. Some professionals operate as small businesses, such as lawyers, accountants, or medical doctors (although these professionals can also work for large organizations or companies).Small businesses vary a great deal in terms of size, revenues, and regulatory authorization, both within a country and from country to country. Some small businesses, such as a home accounting business, may only require a business license.
USHBC Applauds Small Business Priorities Included in the Big Beautiful Bill
The legislation includes critical and beneficial policies for millions of small businesses throughout the country. Key priorities for the USHBC and entrepreneurs - investment in immigration reform, FCC spectrum auction authority, R&D tax credit restoration and the extension of the small business ... WASHINGTON, DC, UNITED STATES, July 7, 2025 /EINPresswire.com/ -- The United States Hispanic Business Council (USHBC) applauds the passage of the Big Beautiful Bill. The legislation includes critical and beneficial policies for millions of small businesses throughout the country.Key priorities for the USHBC and entrepreneurs - investment in immigration reform, FCC spectrum auction authority, R&D tax credit restoration and the extension of the small business tax credit - were included in the bill.Javier Palomarez, President & CEO of the USHBC, released the following statement on behalf of the organization: “The USHBC is proud to see, and have played a part in, the passing of critical pieces of legislation that invest in our small businesses and provide relief amidst unprecedented challenges and uncertainty.While we may not agree with every provision, we certainly applaud the support of our American small business community. “The USHBC has consistently championed smarter, more strategic investments at the border. Investments that protect our national security while advancing our economic interests.
Small businesses struggle to stay afloat as damages from two wars deepen | The Times of Israel
Social lender is helping businesses on the brink of financial collapse receive loans and stay above water after 20 months of war, while government compensation is slow and insufficient The Argaman’s business is one of many that managed to stay open and function during the war period with the help of social lenders such as Koret Israel Economic Development Fund (KIEDF). Founded in 1994, the non-profit organization facilitates the provision of loans for small and micro businesses that are unable to receive loans from traditional financial institutions, as they are perceived as high-risk or have a low credit score and low revenues.According to a survey conducted by business data firm CofaceBDI, the damage caused by the Home Front Command’s bans and restrictions on gatherings, the closure of educational institutions and workplaces except for essential workers, along with the extensive callup of reservists resulted in revenue loss of about NIS 18 billion ($5.4 billion) in the first 10 days of fighting with Iran. Most of the damage was reported in the private sector, first and foremost by small businesses, which often suffer from low equity and no financial backing, CofaceBDI said.Many small businesses from carpenters, hairdressers, tour guides, shop owners, farmers, photographers and suppliers of all stripes have been struggling to stay afloat over the past 20 months, hurt by slower demand, cancellation of orders, scarce and more expensive financing, and insufficient and slow government assistance during the ongoing war.Speaking to The Times of Israel, Koret CEO Adi Azaria-Pessahov lamented that the compensation plan proposed to businesses reveals fundamental gaps that fail to provide the necessary oxygen for the survival of small and micro businesses, which she described as the weakest and most vulnerable link in the Israeli economy.
Small business | USAGov
Learn how to start your own business, including imports and exports. Find out how to research the market and fund your business. Learn how to start your own business, including imports and exports. Learn how to start and manage your small business, and find local support if you need help.
70 Small Business Ideas to Start in 2025 | Entrepreneur
We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025. But what if you're ready to start a business but don't know what type of services to provide? You've come to the right place if you need profitable business ideas. Below, find a detailed breakdown of 63 small business ideas — from financial services to physical labor and creative contracting — to help you chart a path forward.For some people, starting a small business means leaving their full-time gig and committing to the new endeavor. For others, a part-time business provides meaningful supplemental income and can be managed in addition to other work.Think about capital costs, as well as growth: Will launching the business require the purchase of equipment or other serious financial investment? Do you plan to hire employees? Will you expand to multiple locations? At the outset, it's a good idea to create a formal business plan. Finding customers and clients is essential to any small business, so conduct a market analysis before you open shop.Becoming an electrician is not easy — you must take classes, work as an apprentice and pass licensing exams before you can start your own business — but there's no shortage of work for electricians. Master electricians are always in demand for small and large projects, and you'll have the ability to hire apprentices, build a team and scale your business offerings.
Small business owners struggling to fill jobs, survey finds | FOX 4 Dallas-Fort Worth
A survey of thousands of the nation’s small businesses found that filling job openings remains a challenge. Some owners say finding quality labor is the biggest problem. Texas lawmakers are addressing labor shortages with a new bill to bring in skilled workers from other states, and a ballot measure that could provide significant property tax relief for businesses. Despite small business struggles, the overall U.S.A June survey by the National Federation of Independent Business Owners shows 36% of small businesses have unfilled job openings, and 86% report few or no qualified applicants.DALLAS - A survey of thousands of the nation’s small businesses found that filling job openings remains a challenge.The National Federation of Independent Business Owners is a nonpartisan organization that supports businesses. Its June survey of small business owners found hiring is still a headache.
Federal loans available for early June flood victims. Here’s what to know.
Residents, business owners and nonprofits in Butler, Chase, Cowley, Elk, Greenwood, Harvey, Marion, Sedgwick and Sumner counties are eligible for the loans. “There are a lot of purposes that these loans can be applied to,” Natalie Longwell with the Small Business Administration said. The Small Business Administration is offering low-interest loans for some south-central Kansas residents as they rebuild after storms in early June.“The physical damages [loan] can be used to repair or replace disaster damaged property or supplies: inventory, machinery, equipment, what have you,” Longwell said. “Anything that’s associated with the business operation.” · The administration also offers economic injury disaster loans for small businesses and private nonprofits to help cover bills that weren’t paid due to a disaster.Kansas residents affected by June storms can apply for SBA disaster loans. Locations in Wichita, El Dorado offer help. Apply by Aug. 26 for physical loans.The administration has opened disaster loan outreach centers in El Dorado and Wichita to answer questions and help residents apply for the appropriate loans.
'One of the Most Consequential Bills Ever': Here's How the 'Big, Beautiful Bill' Will Affect Small Businesses
President Donald Trump's "Big, Beautiful Bill" passed the House on Thursday. The 887-page legislation includes tax and spending cuts that will affect small businesses. The tax breaks from the 2017 Tax Cuts and Jobs Act will be permanent, which allows businesses to write off the costs of research and development. When the Ways and Means Committee voted to make the 2017 cuts permanent, they said that the provisions "will provide small businesses, manufacturers, and farmers the certainty and confidence to fuel a second Trump economic boom through new investment and job creation."An Accident at Age 18 Inspired Her to Start a Business — Then Build a Brand With $35 Million in Sales: 'Everyone Wants a Slice' How I Built a Multi-Unit Franchise Operation Without Leaving My Day Job · Tired of 'Culturally Obtuse' Products, This 27-Year-Old Took His Side Hustle From $1,000 a Month to 7-Figure Revenue: 'Pick the Right Opportunity to Pursue' ... Learn how to command attention and build brand trust in any room. ... We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.The 887-page bill includes tax and spending cuts that will affect small businesses."I think that's going to have an enormous impact on the growth of businesses in this country," Marks said. "There are certain tax provisions in this bill, investing in capital equipment, spending on research and development, [increasing] the exemption for estate taxes, [and] they've all been made permanent, which means that small businesses can make long-term decisions about investing in their businesses, selling their businesses, or passing it on to new generations knowing that the laws aren't going to change."
SEC.gov | SEC Small Business Advisory Committee to Discuss Regulatory Framework for Finders and Continue Exploring Regulation A
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting at the SEC Headquarters in Washington D.C on Tuesday, July 22, 2025 at 10 a.m. In keeping with the committee’s efforts to promote small business capital formation, including access to capital for founders who are building businesses outside of prominent entrepreneurial hubs or without robust capital-raising networks, the committee will spend the remainder of the meeting exploring “finders” and related matters.The Small Business Capital Formation Advisory Committee provides advice and recommendations to the SEC on rules, regulations, and policy matters relating to small businesses.
How U.S. small business is dealing with Trump’s tariffs on China - Fast Company
Thousands of small U.S. manufacturers are faced with paying steep tariffs on Chinese imports or absorbing higher domestic production costs. When small business owners Yuki Kinoshita and Noah Silverman pitched a U.S.-made prototype to Costco, it didn’t go as planned.After the tariffs hit and small businesses began feeling the pain, CEO-founder Emily Ley said many people asked why she didn’t just move her manufacturing to the U.S.White House spokesperson Kush Desai said the Trump administration remains committed to reviving U.S. manufacturing, citing provisions in the Big, Beautiful Bill, which passed on Tuesday with a slim majority in the Senate, such as allowing businesses to fully expense equipment investments.The duo behind Plufl are among tens of thousands of American small and midsize manufacturers facing the choice between paying steep tariffs on Chinese imports or taking on significantly higher domestic production costs. Even those willing to pay more to make goods in the U.S.