It was a busy day yesterday for the S.C. Small Business Chamber of Commerce. Two Senate subcommittees and the House Ways and Means Committee held meetings on legislation we supported. Unfortunately two of these bills did not get the favorable votes we wanted.The morning started out with a Senate subcommittee…
News about home office tax deductions
The Home Office Tax Deduction: Simplifying Rules And Helping Small Business Owners Succeed White House BlogPosted by Neal S. Wolin and Karen MillsJanuary 15, 2013 Today, many taxpayers who qualify for the home office tax deduction are not claiming it. The reasons often cited are that businesses and filers do…
If you can’t compete…attack the rules of the game
This week the U.S. House is expected to start voting on legislation to turn back regulations and make it nearly impossible for federal agencies to develop new regulations in the future. If that happens, Congress might as well just stop passing any new laws because the rules for implementing them…
Ben, we almost never knew you
I met Ben in a meeting last week in DC. We were asked to speak on behalf of the American Sustainable Business Council in a conference room full of foundation representatives. Ben went first and shared a little about his past. He told of meeting his best friend in 7th…
Microenterprise Development Month
Last week, Small Business Administration Administrator Karen Mills spoke to the Greater Miami Chamber of Commerce. She had good news for many businesses seeking credit. “Lending is back to 2008 levels,” Mills said. But the news wasn’t so good for the small businesses in geographically challenged areas and our smallest…
Smallest of Businesses Underserved
The demand for small business loans is picking up. A Greenwich Associates survey recently found that small businesses increased their seeking of loans in the first quarter of this year by 100 percent over the previous quarter. That’s the good news. The question is how many of these small businesses…