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• Obama Proposes Expanding SBA Loan Limits

  February 8, 2010

  President Barack Obama has called for expanding the size of loans made through the Small Business Administration’s SBA Express program from $350,000 to $1 million.

• Obama Proposes TARP Money for Small Business

  January 28, 2010

  In his State of the Union address, President Barack Obama proposed using money repaid by financial institutions to the Troubled Asset Relief Program to help small businesses.

• IRS Offers Online Small Business Tax Workshop

  January 13, 2010

  The Internal Revenue Service has added a revised Virtual Small Business Tax Workshop to its Web site with updated content, interactive features and a new reference section.

• Obama Encourages Small Banks to Lend to Small Biz

  December 23, 2009

  President Obama urged a group of leaders of community banks to increase their lending to small businesses.

• Senate Extends SBA Recovery Act Funding

  December 21, 2009

  The Senate voted to extend funding for Small Business Administration lending programs in the Recovery Act through February 2010.

• Senators Want to Extend SBA Lending Programs

  December 18, 2009

  A group of 13 senators has written to the Appropriations Committee requesting funds to extend Small Business Administration Recovery Act lending programs.

• Senate Introduces Bill to Boost Small-Biz Lending

  December 15, 2009

  Leaders of the Senate Committee on Small Business and Entrepreneurship have introduced legislation to provide more capital for small businesses by expanding SBA lending limits.

• White House Mulls Tax Credits for Jobs

  December 3, 2009

  The White House convened a jobs summit in which President Obama heard from business and union leaders about various proposals for reducing unemployment, including tax incentives for job creation.

• Senate Bill Would Cement Small-Biz Expensing Limit

  December 3, 2009

  Leaders of the Senate Committee on Small Business and Entrepreneurship have introduced legislation that would make permanent the $250,000 Section 179 expensing limits for small businesses created under the Recovery Act.

• Majority of Small Businesses Unaware of New SBA Loans

  December 2, 2009

  A new survey of nearly 1,000 small business owners across the U.S. found that over three-quarters of them have not taken advantage of new deferred-payment loans guaranteed by the U.S. Small Business Administration, and more than half are not aware of the loans’ availability.

• SBA to Use More TARP Funds for Small Business

  November 18, 2009

  The Treasury Department and the Small Business Administration convened a Small Business Financing Forum in which they discussed ways to expand credit to small business.

• House Passes Small Business Financing Act

  October 30, 2009

  The House overwhelmingly approved legislation to reform small business lending and spur job creation.

• Obama Moves to Expand Small-Business Lending

  October 21, 2009

  President Barack Obama has announced a set of initiatives aimed at kick-starting the market for small-business loans.

• Crowe Horwath Offers Stimulus Spending Tracker

  October 15, 2009

  Accounting firm Crowe Horwath has created a Web-based system to help state and local agencies that receive federal funding from the economic stimulus package comply with the complex reporting requirements.

• Legislation Would Extend Temporary SBA Programs

  September 23, 2009

  Rep. Nydia Velázquez, D-N.Y., chair of the House Committee on Small Business, has proposed legislation to extend several expiring Small Business Administration lending programs.

• House Passes Bill on TARP Spending and Small Business

  September 16, 2009

  The House has passed a bill to examine the impact of the bank bailout on lending to small businesses.

• Improving Access to Government Data on the Web

  September 15, 2009

  On September 4, the President took another important step toward a more open and transparent government by announcing a new policy to voluntarily disclose White House visitor access records.

• SBA Offers Online Federal Contract Course

  September 2, 2009

  The U.S. Small Business Administration has introduced an online training course to help more small businesses get federal contracts.

• Small Businesses Worry about Energy Tax Breaks

  August 26, 2009

  A House subcommittee heard from a panel of small business owners concerned about the disappearance of popular tax deductions at a hearing in Tulsa, Okla., during the congressional recess.

• Deadline Nears for Small Biz Stimulus Tax Breaks

  August 19, 2009

  The IRS said that time is running out for many small businesses that wish to take advantage of the tax breaks in the stimulus bill.

• More Stimulus Contracts to Go to Small Businesses

  August 19, 2009

  The Small Business Administration and the Commerce Department plan to offer more federal contracts to small businesses, but a small business advocacy group is skeptical.

• House Gauges Small Businesses’ Access to Capital

  August 7, 2009

  The House Small Business Committee heard testimony from small business owners about their ability to obtain SBA-backed financing.

• SBA Needs to Improve Disaster Loan Program

  July 29, 2009

  The U.S. Small Business Administration needs to take additional steps to reform its disaster loan program and improve the application process, recommends a new report.

• Velázquez Asks for Small Business Changes in Health Bill

  July 28, 2009

  House Committee on Small Business chairwoman Nydia Velázquez, D-N.Y., has written to the chairmen of two other House committees asking for changes in health care reform legislation to reduce the burden on small businesses.

• Stimulus Tax Breaks Helped Some Small Businesses

  July 16, 2009

  Small-business owners and industry representatives told a House committee that the tax breaks in the stimulus package passed by Congress in February have helped some companies.

• Senate Reauthorizes Small Business Tech Financing

  July 15, 2009

  The Senate has voted unanimously to reauthorize the Small Business Innovation Research and Small Business Technology Transfer programs for eight more years and make several changes in the programs that provide monetary awards to small businesses.

• Small Businesses Want R&D Tax Credit Extended

  July 9, 2009

  Entrepreneurs urged lawmakers to extend the research and development tax credit at a House subcommittee hearing Thursday.

• Grassley Introduces Small Business Tax Relief Act

  July 2, 2009

  Sen. Charles Grassley, R-Iowa, has introduced a bill to lower the tax burden on small businesses.

• Law Proposed to Ease Home Office Tax Deduction

  June 25, 2009

  Proposed legislation would make it easier for small businesses to qualify for the home office tax deduction.

• SBA Introduces New Small Business Loans

  June 17, 2009

  The Small Business Administration has begun offering interest-free loans of up to $35,000 to small businesses through SBA-approved lenders.

• Bill Introduced to Restrict Small Business Contracting

  May 26, 2009

  Rep. Hank Johnson, D-Ga., has introduced a bill that would ensure that small business government contracts go only to small businesses instead of the subsidiaries of large companies.

• IRS Marks Small Business Week with Tax Breaks

  May 20, 2009

  The Internal Revenue Service commemorated Small Business Week this week by calling attention to some recently enacted tax breaks for small businesses.

• Cash Reporting in Developing Countries Questioned

  May 12, 2009

  The International Public Sector Accounting Standards Board wants to know more about how government accountants in developing countries are using cash-basis reporting.

• Guidance Issued for Government Acquisitions of Businesses

  May 8, 2009

  The International Public Sector Accounting Standards Board has proposed new guidance to deal with the wave of government takeovers of private businesses.

• They need help!

  April 19, 2009

  It's safe to say there hasn't been a time in recent history when small-business owners needed guidance from their accountants as much as they do now. It's becoming clear that for all their knowledge and energy, most entrepreneurs can't go it alone in these difficult times

• PCAOB Plans Small Business Audit Forums

  April 7, 2009

  The Public Company Accounting Oversight Board has scheduled a series of forums around the country on auditing in the small business environment.

• Protecting businesses from fraud

  April 5, 2009

  As the economy continues its downturn and the financial pressure on business increases, the risk of fraud becomes higher than ever.

• Congress to IRS: Go Easy on Small Biz

  April 2, 2009

  Lawmakers at a congressional hearing Wednesday pressed Internal Revenue Service Commissioner Douglas Shulman to ease up on audits of small businesses.

• GAO: SBA Program Fraught with Poor Controls, Abuse

  March 26, 2009

  A searing report from the Government Accountability Office has charged the Small Business Administration with poor controls and oversight that resulted in a number of companies receiving undeserved funds from a program designed to boost

• Small Businesses in Crisis Turn to Accountants

  March 19, 2009

  The economic crisis is prompting more and more small-business owners to turn to their accountants for advice, according to a new survey.

• Small business to face closer audit scrutiny

  March 15, 2009

  The nation's small businesses are squarely in Washington's crosshairs - targeted for more rigorous, more painful scrutiny by both federal tax enforcement officials and the nation's auditing standard-setters.

• Treasury Tries to Jumpstart Small-Business Lending

  March 16, 2009

  President Barack Obama and Treasury Secretary Timothy Geithner unveiled a new effort aimed at unlocking the tight credit market for small businesses.

• Intuit Says Small Biz Must Innovate

  March 16, 2009

  Intuit said that small businesses will need to innovate in order to succeed over the next decade, in a new report that is the first in a new series of research studies on the future of small business.

• Private Sector Loses 697,000 Jobs

  March 4, 2009

  Private sector employment decreased by nearly 700,000 in February, according to the latest report from payroll giant ADP.

• These Ladies Are Savvy

  February 27, 2009

  Although admittedly many people look upon January 1st as the trigger-point for resolutions, an organization known as Savvy Ladies figures that April 15th is really the better date.

• Schenck Forms Financial Crisis Team

  February 20, 2009

  Regional accounting firm Schenck Business Solutions has created a Financial Crisis Response Team to help companies challenged by the recession.

• Small Business Owners Can Get Free Tax Prep

  February 12, 2009

  Online bookkeeping service IAC-EZ is offering one month's free use of its online software and free tax filing for a few lucky small business entrepreneurs.

• Geithner Outlines Financial Stability Plan

  February 10, 2009

  Treasury Secretary Timothy Geithner spelled out plans for how the government will spend trillions of dollars to deal with unfreezing credit and taking troubled assets off the books of financial institutions.

• Online Bookkeeping Service Gets $2 Million in Funding

  February 10, 2009

  Outright.com, an online bookkeeping service aimed at self-employed small businesses, has snagged $2 million in seed funding.

Related Articles

• Obama Proposes Expanding SBA Loan Limits

• Obama Proposes TARP Money for Small Business

• IRS Offers Online Small Business Tax Workshop

• Obama Encourages Small Banks to Lend to Small Biz

• Senate Extends SBA Recovery Act Funding

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