In this article UPS Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images A doorbell camera in Chesterfield, Virginia, recently caught a man snatching a box containing a $1,600 new iPad from the arms of a FedEx delivery driver. Barely a day goes by without a similar report. Package theft, often referred
Small Business
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the IRS pauses on processing new claims for a pandemic-era small business tax break, some filers are in limbo as the agency works on further guidance. The IRS on Thursday temporarily halted processing for amended payroll
IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images IRS Commissioner Danny Werfel on Thursday ordered the agency to immediately stop processing new claims for a pandemic-era small business tax break to protect filers from a “surge of questionable claims.”
In an aerial view, burned cars and homes are seen in a neighborhood that was destroyed by a wildfire on August 18, 2023 in Lahaina, Hawaii. Justin Sullivan | Getty Images Widespread damage from Hawaii’s recent wildfires and Hurricane Idalia in Florida underscores the costly effects of natural disasters on small businesses. The total cost to
As President Biden begins to more forcefully build a reelection case citing Bidenomics, Wall Street forecasts and actual GDP data are supportive, as are recent improving sentiment scores from consumers and CEOs. But on Main Street, small business owners remain a difficult group for Biden to win over. Small business confidence is back at an
Getty Images As the year-end approaches, there’s been debate around tax reporting for business transactions on payment apps such as Venmo and PayPal, along with e-commerce companies, such as eBay, Etsy and Poshmark. Some lawmakers are pushing to increase the IRS reporting threshold for Form 1099-K, which covers third-party business payments. Taxpayers who use a payment app to process
Cavan Images | Getty Images As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including an RS Automotive in Takoma Park, Md., and a Shell station in Fulham, England, have made a full switch. Location,
With so much of daily life happening over social media, it’s not surprising that small businesses are relying more and more on Instagram, Facebook and other platforms to spread the word about their business and sell products. But there is one big catch: small business owners are at a big disadvantage on these platforms when
A shopper makes their way through a grocery store on July 12, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images As record inflation that only a year ago was over 8% continues to decline, consumers are growing more confident about the economy and their finances. But The Conference Board chief
Dominique Dawes, four-time Olympic medalist, never had it easy as an elite athlete, and has not had it easy as a small business owner. The world-renowned, highly decorated gymnast is one of only three American women to compete in three different Olympic games, and was the first Black woman to receive an individual Olympic medal
With national labor market data showing that the economy only provides jobs for one out of every five Americans with intellectual and developmental disabilities, the opportunities for those with I/DD in the workforce are clearly lacking. Amy and Ben Wright, co-founders of Bitty and Beau’s Coffee, are entrepreneurs — and parents — making a dent
OpenAI with Microsoft – Bing seen on mobile, seen in this photo illustration. Jonathan Raa | Nurphoto | Getty Images The sudden rise of generative artificial intelligence has led the biggest technology companies in the world to invest billions. For $20 a month, every small business can get started in gen A.I. use that may
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters Scrutiny of a pandemic-era tax credit intensified this week as lawmakers, the IRS and tax professionals sought solutions for the wave of small businesses that wrongly claimed the tax break. The employee retention credit, or ERC,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Todd Niggeling delivers packages for Amazon in Sioux City, Iowa, on Tuesday, May 2, 2023. Niggeling delivers packages through Amazon’s delivery hub program in which Amazon is using small businesses as centralized drop-off points and paying business owners to drive the last mile to deliver
In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang Mach-E vehicles at a Ford dealership in Colma, California, on July 22, 2022. Bloomberg | Getty Images After a home, buying a car is the most expensive purchase most consumers will ever make during their lifetime. The transition to electric vehicles by
Pgiam | Istock | Getty Images A cottage industry of specialist firms has sprung up to help business owners claim the Employee Retention Credit (ERC), a governmental tax incentive intended for companies stressed by the pandemic. But businesses need to be careful not to get hoodwinked. There are strict eligibility requirements for the ERC —
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Images Amazon Prime Day isn’t here just yet, but sellers need to act now to drive optimal results
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images With Amazon announcing on Wednesday that the 2023 Prime Day sales event will take place July 11-July 12, now’s an especially good opportunity for sellers to ramp up promotions. This year, there are some new deal offers Amazon is
Alison Schuch, owner of Fells Point Surf Company. Courtesy: Alison Schuch Alison Schuch owns Fells Point Surf Co., with locations in Maryland and Delaware. As summer arrives, Schuch is down about ten workers at her two beach locations as a perfect storm of reasons drive a post-pandemic hiring crunch. A lack of affordable summer housing,
Pixelcatchers | E+ | Getty Images It’s not an easy time to be a small business in search of financing. For LGBTQ owners, the struggle has been even harder. LGBTQ-owned businesses reported more rejections than non-LGBTQ businesses that applied for funding, according to a 2022 report from Movement Advancement Project, a nonprofit think tank that
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