Illinois Fair Tax vs. Flat Tax: Flat Income Taxes Are Racist
The current Illinois flat tax is racist, in the sense that it systematically transfers wealth from people of color to wealthy Illinois residents, who tend to be white. If you are against racism, you must be for the Illinois Fair Tax. Here's why.
Dealing with Employee Mobility During the Pandemic
In the Covid-19 pandemic era, employees are feeling the power to relocate. If they're going to work remotely, why not move out of state to the place they've always wanted to live? While that's great for employee quality of life, it's creating serious headaches for HR and finance departments.
Small Business Administration Launches Boots to Business: Reboot
The Small Business Administration will launch its Boots to Business: Reboot on July 11 at the White House. This expands SBA's current post-military entrepreneurship training efforts to all veterans interested in opening their own business.
Obama Administration memorandum creates new opportunities for records management SMBs
A recent presidential memorandum requires federal agencies to digitize their recordkeeping processes, all but forcing additional collaboration with private companies in the area of e-discovery and records management.
SMBs must create loyal employees to experience success
Small businesses have downsized in recent years, requiring employees to take on additional tasks and responsibilities. In order to keep morale high and a business successful, it is important that owners cultivate a trusting and loyal work environment that is focused on cooperation and not stress.
Even a single hire has a huge impact on small businesses
Before investing time and energy in hiring, training and establishing a new employee at a small business, owners must make sure the candidate is a strong fit for the company. Each employee at an SMB is a valuable member of the team, and each new hire should be thoughtfully considered before coming into the company.
AT&T sponsors SBA women's business conference
SBA is teaming up with AT&T to empower female business owners looking to advance in the uncertain economic climate. Local efforts to support SMBs are also in the works, with states like Wisconsin holding summits to provide insight and resources to SMB owners.
News for small businesses: White House announces plan to help new companies thrive
President Barack Obama's budget will include a provision to permanently eliminate capital gains taxes on certain types of investment income for small businesses, with the aim of promoting new start-up growth and creating jobs.
States considering new laws for home based business
Many local government laws can hinder small business formation and growth. Recognizing the role that small businesses play in economic recovery, many states and municipalities are reexamining their laws and making changes that encourage entrepreneurs to start and grow local companies.