Are you a small business owner with tax questions? The IRS offers a great resource to answer all of your inquires and help take the confusion out of starting a business, filing your taxes, adding employees, and much more. They even offer webinars on a variety of business related topics. Check it out today here: Small Business and Self-Employed Tax Center
Tag: small business
$15/Hour Minimum Wage?
Living wage, minimum wage, fair wage… There are many views on what these phrases mean and how best to apply them in the United States. On Friday, 20 states and 32 cities and counties will raise their minimum wage. In 27 of these places, the pay floor will reach or exceed $15 an hour, according to a report released on Thursday by the National Employment Law Project, which supports minimum-wage increases. How will these increases affect small businesses and workers who may actually stand to lose their jobs because of the new rules? Read more here, Once a Fringe Idea, the $15 Minimum Wage Is Making Big Gains.
Helping Texas Businesses
Want to know more about what organizations are doing to help small businesses in Texas stay afloat during the time of COVID? Checkout this interview from the Federal Reserve Bank of Dallas with Janie Barerra, founding president and chief executive officer of San Antonio-based LiftFund. Created in 1994, LiftFund has one of the nation’s largest microlending portfolios. The nonprofit provides loans and management training to very small enterprises in Texas and seven other states.
LiftFund’s Microlending Helps Small Businesses Battle to Survive COVID-19