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asowah's blog


IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit

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IRS

With business tax-filing deadlines fast approaching, the Internal Revenue Service today encouraged small employers that provide health insurance coverage to their employees to check out the small business health care tax credit and then claim it if they qualify.

The recently-revamped Small Business Health Care Tax Credit page on IRS.gov is packed with information and resources designed to help small employers see if they qualify for the credit and then figure it correctly. These include a step-by-step guide for determining eligibility, examples of typical tax savings under various scenarios, answers to frequently-asked questions, a YouTube video and a webinar.

SelectUSA: Attracting Investment, Increasing Employment

Blogged By: 
MBDA

Web site maps out value proposition offered to firms located in the United States

SelectUSA is the Department of Commerce’s first-ever federal initiative to help attract, retain and expand business investment in the United States. It was created to showcase the United States as the world’s premier business location and to provide easy access to federal-level programs and services related to business investment. SelectUSA is designed to complement the activities of our states—the primary drivers of economic development in the United States.

Take the $10,000 Business App Challenge

Blogged By: 
MBDA

In conjunction with the launch of BusinessUSA, the Department of Commerce is challenging app developers to find innovative ways to utilize Commerce and other publicly available data and information to create an application that supports businesses.  Developers may choose the platform that best suits them. Applicants may design for the web, personal computer, mobile handheld device, or any platform broadly accessible to the open Internet. A list of developer-friendly data sets can be found on the Business Data and Tools page of Data.gov.

BusinessUSA: The One-Stop Shop for Government Information and Data

Blogged By: 
MBDA

Obama administration launches online platform in response to requests from businesses for easy access to assistance at every stage of development

BusinessUSA is more than a web site; it’s a gateway for small businesses and exporters of all sizes to find information about available federal programs without having to waste time and resources navigating the federal bureaucracy.

BusinessUSA combines information and services from 10 different government agencies, including MBDA, through one consolidated website and coordinate telephone support through a single 1-800 number.

United States Senate Passes JOBS Act

Blogged By: 
Terry Richards

On Thursday March 22, 2012, by a vote of 73-26, the U.S. Senate passed a measure designed to assist small businesses raise capital.  The JOBS (Jumpstart Our Business Startups) Act is a compilation of six legislative proposals aimed at addressing how small start-ups raise capital and revising certain disclosure requirements.

The JOBS Act contains provisions that would allow small businesses to raise capital in a number of different ways. One such way is removing restrictions imposed by the Securities and Exchange Commission (SEC) on crowdfunding.  Under the JOBS Act, entrepreneurs can raise up to $1 million from investors before having to register with the SEC. It also allows small businesses to use advertisements to solicit investors. This was previously disallowed by the SEC beginning in 1982.

Did you know...

Between 2002 and 2007, minority-owned firms outpaced the growth of non-minority firms in gross receipts, employment, and number of firms. Minority firms are an engine of job creation.
Graph for MBE Growth

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