Friday, February 14, 2025

Small Business News

SBA Enhances Lending Opportunities Through Strategic Public-Private Partnerships

The U.S. Small Business Administration (SBA) is ramping up efforts to provide financial resources to underserved markets by granting licenses to four new Small Business Lending Companies (SBLCs). This...

IRS Raises Business Mileage Rate to 70 Cents per Mile for 2025

Small business owners are often on the road, whether it's for client meetings, vendor relations, or running errands for their operations. An upcoming adjustment...

IRS Extends Deadlines to February 3, 2025, for Ernesto Victims in U.S. Virgin Islands

In the wake of Tropical Storm Ernesto, small business owners in the U.S. Virgin Islands have received a significant reprieve from the Internal Revenue...

Gear Up for 2025 Tax Season: Essential Updates and Tips for Small Businesses

As the 2025 tax season approaches, small business owners are encouraged to start preparations now to make filing their 2024 federal income tax returns...

U.S. Electric and Hybrid Vehicle Sales Hit Record High in Q3

The electric vehicle (EV) market in the United States is experiencing a notable surge, with sales of electric and hybrid vehicles reaching a record...

Mail Ban on Mercury Continues: Small Businesses Urged to Comply

A recent reminder from the United States Postal Service (USPS) highlights critical regulations regarding the mailing of hazardous materials, particularly metallic mercury. This serves...

IRS Unveils ‘Security Six’ Strategies for Tax Professionals to Enhance Protection

As data theft becomes an increasingly prevalent threat, small business owners in the tax preparation sector are urged to enhance their cybersecurity measures. The...

USPS Announces Holiday Season Readiness Plans for Small Businesses

As small business owners gear up for the bustling holiday season, the United States Postal Service (USPS) has announced that it is fully prepared...

House Committee Panel Highlights Key Issues Impacting Small Businesses in Latest Snapshot

As small business owners navigate an evolving economic landscape, recent data offers both glimmers of optimism and caution. November's Small Business Optimism Index, released...

USPS Operation Santa Unveils Online Gift Shop in Partnership with Toys“R”Us®

The holiday season is upon us, and small business owners have a unique opportunity to harness goodwill and enhance customer engagement through an innovative...

SBA Grants $240K to Boost National Center for American Indian Enterprise Development

In a significant move to bolster economic opportunities for Native American communities, the U.S. Small Business Administration (SBA) has launched the Native American Trade...