Senate Majority Leader Harry Reid, D-Nevada, and Sen. Chuck Schumer, D-New York

Democrats: Our Tax Cut Truly Targets Small Businesses

Democratic lawmakers unveiled their own tax cut plan for small businesses and blasted the GOP’s proposal announced last week as “camouflaged handouts” to the wealthy. Senate Democrats said their $26 billion ...
House Majority Leader Eric Cantor, R-Virginia.

House GOP: Cut Taxes for Small Businesses by 20%

House Republicans have proposed a 20 percent tax cut for one year for small businesses with fewer than 500 employees. The Small Business Tax Cut Act allows qualified small businesses to take a tax deduction equal ...
Chase: 80% of SBA Loans Were for Less Than $250K

Chase: 80% of SBA Loans Were for Less Than $250,000

Chase, the top Small Business Administration lender by volume, approved more than $1.1 billion in SBA loans and lines of credit to more than 5,300 businesses in 2011. For the past three years, more than 80 percent ...
One-Two Punch: Small Businesses Stifled by Real Estate

One-Two Punch: Small Businesses Stifled by Real Estate

The real estate bubble and subsequent crisis have been a huge drag on the economic recovery, and for small businesses with vital property investments it’s been like a one-two punch. Both small businesses and their ...
"PayPal Here," PayPal's mobile payment solution for small businesses.

PayPal Unveils Card Payments Device, Rivals ‘Square’

PayPal has unveiled a new device for smart phones to accept credit and debit cards, rivaling Square Inc. for a piece of the fast-evolving payments solution segment for small businesses and the casual seller. The ...
U.S. Treasury

Banks Allowed to ‘Repay’ Bailouts with Other Taxpayer Funds: GAO

Critics of the bailout of U.S. banks invariably will hear from the other side that those taxpayer funds have been repaid and that the U.S. Treasury will actually see a profit from its investment. But those critics ...
Small business hiring

Small Business Job Creation Slowed in February: Intuit

Job creation among small businesses continued in February, but at a slower rate, while compensation registered a slight uptick and hours worked a slight decrease, according to Intuit. February’s report estimates ...
Small businesses

Obama: Simplify Tax Filing for Small Businesses

Simplifying the tax code for small business owners and providing tax relief can help them tend to important issues, such as sales and hiring, according to the President’s framework for overhauling the corporate ...
Small business owners

Small Business Outlook on Spending, Credit Highest in Years

The proportion of U.S. small-business owners who plan to increase capital spending over the next 12 months (28 percent) is the highest in four years, according to the Wells Fargo/Gallup Small Business Index. And ...
Shopping on Facebook

Gamestop, Gap Among Retailers Shutting Facebook ‘Stores’

Gamestop, Gap, J.C. Penney and Nordstrom are some of the big-name retailers who have opened and shut storefronts on Facebook in the past year, part of a strategy highly-touted initially as a promising new outlet ...
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