Latest Small business News
As small businesses face fire devastation and try to get back on their feet, a variety of aid exists
NEW YORK (AP) — The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke. Raquel “Rockey” Smeir startedMy Friends Café in Sierra Madre, California, in 2021. While the fires spared her...
Rosy December for small business sales, but restaurants are left out
NEW YORK (AP) — Small businesses had a merry December, as shoppers wrapped up their holiday shopping. That's according to the Fiserv Small Business Index. In the U.S., the seasonally adjusted index for December was 146, up 3 points from November. The figure is...
The tax deadline for some small businesses affected by disasters in 2024 is drawing near
NEW YORK (AP) — The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners. Small businesses in all or parts of 14 states and 2 territories that received extensions to file their 2023 returns due to natural disasters...
Biden administration bans unpaid medical bills from appearing on credit reports
Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau rule will remove $49 billion...
TikTok creators left in limbo while awaiting decision on potential platform ban
Will TikTok be banned this month? That’s the pressing question keeping creators and small business owners in anxious limbo as they await a decision that could upend their livelihoods. The fate of the popular app will be decided by the Supreme Court, which will hear arguments on...
Small businesses brace themselves for potentially disruptive TikTok ban
A looming TikTok ban could affect the millions of small businesses that use the short-video social media app to help them grow their business. Desiree Hill, owner of Crown’s Corner Mechanic in Conyers, Georgia, started her business solo as a mobile mechanic. Sharing videos of her...
