Small business struggles revealed in firm size numbers
(Photo by ansik, via Flickr)
Well, finally!!!
So, in 2007, there were 27.8 million U.S. businesses and, of them, 91.6% were microbusinesses with fewer than five employees.
That represents a 3.6% increase in the U.S. business population from March 2006 to March 2007 and that’s a pretty healthy jump. However, that healthy jump consists almost entirely of [...]
Microbusinesses to be hammered by new 1099 rules
(Photo of tax forms by KOMUnews, via Flickr)
A little-publicized provision found tucked away in the health care reform bill is poised to bury microbusinesses under paperwork, according to a survey released last month by the National Association for the Self-Employed (NASE).
The prevision in question would expand IRS Form 1099 information return requirements. Currently, businesses must [...]
[May Poll] Does Obama tilt toward big business or small business?
(Photo courtesy of WhiteHouse.gov)
President Obama had dinner with members of the Business Council, a group composed of “150 active members, each of whom must be a chief executive officer of a leading private sector business from commerce and industry,” as described by members of the media.
The current chair of the group is the CEO of [...]
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