Search results for stimulus legislation

"Not only does this bill not contain any provisions that specifically help small business, it has provisions that could actually harm middle class firms. The language in Section 107 of the bill is totally inconsistent with the stated objectives of this legislation," says ASBL President Lloyd Chapman.  More...
NFIB began promoting "The Faces of the Healthcare Crisis: Small Business in America," a collection of stories that profiles small business owners on the frontlines of the healthcare crisis, to Congress before recess. NFIB is taking these stories to Congress and the next Administration to ensure the needs of this important constituency are fully  More...
Small business owners with fewer than 50 employees are now eligible for a tax break if they continue to pay employees called to active duty in the U.S. military. The tax credit was included in the recently passed H.R. 6081, the Heroes Earnings Assistance and Relief Tax Act of 2008. The legislation, which was passed by the House and Senate in M  More...
If you regularly sell items on online auction sites, you may find yourself on the Internal Revenue Service's radar. Recent legislation aims to help the IRS collect more taxes from online enterprises, many of which either don't know about their tax obligations or are ignoring them, according to the agency. The provision, part of the housing re  More...
Businesses are big winners in the economic stimulus package signed into law earlier this year. They may not be getting rebate checks, but they are getting showered with $45 billion in tax breaks designed to spur them on to purchase more equipment, cars and other assets sooner rather than later. Congress boosted the limit on first-year expensin  More...
With tax season behind us, a recession looming and gas at an all-time high, is there anything that business can look forward to? You bet there is: It is tax rebate time! And if you're smart, your small business will have a plan in place before those checks are ever cut to help consumers spend their stimulus payment with you.  More...
President Bush this week signed new legislation expanding small-business opportunities for veterans and helping reservists run their businesses after they've been deployed.

The Military Reservist and Veteran Small Business Reauthorization and Opportunity Act, introduced by Sens. John Kerry (D-Mass.) and Olympia Snowe (R-Maine), will  More...
THE ECONOMIC STIMULUS package signed by President Bush on Wednesday includes two significant tax breaks for small-business owners. The provisions, designed to encourage business spending, come in the form of bigger depreciation write-offs:  More...
The economic stimulus bill signed into law included one tax break for small businesses added by the Senate, but lost another as Congressional leaders bowed to White House pressure to move quickly without adding too many amendments.

The key addition affecting small businesses is an expansion of "bonus depreciation," which allows investments in  More...
Businesses, large and small, will be directly helped by the new economic stimulus legislation passed by Congress last week. But small businesses, in particular, may get the biggest lift indirectly — from consumers spending their tax rebates.  More...
The package proposed by Congress and the White House to try to stimulate the economy has drawn mixed reactions from experts on small-business. “When you look at the package, it’s about everything but small businesses,” said George Cloutier, small-business spokesman for the U.S. Conference of Mayors.

The package is worth about $150 bil  More...
A White House plan to boost the nation's sagging economy will do little to help small businesses over the long haul, critics say. The proposed plan, which includes up to $145 billion in temporary tax cuts, is aimed at encouraging business owners to "expand their operations, create new jobs and inject new energy into our economy," President Bush  More...
The House of Representatives approved legislation on Tuesday extending a moratorium on state Internet access taxes for seven years, sending the bill to the president to sign into law. Internet service providers say the price of Internet access could rise by as much as 17 percent if the moratorium on state taxes was allowed to expire.  More...