Industry News – March 17, 2022

White House Announces Efforts to Close Gender and Racial Pay Gaps on Equal Pay Day  On Equal Pay Day (March 15), President Biden announced a series of steps to close gender and racial pay gaps. The new rules will include banning prior salary history in federal...

Policy News – March 10, 2022

A group of nearly 15 Senators has expressed their hopes for a more extensive tax break for small businesses who contribute to the innovation landscape in the U.S., including those who routinely conduct research and development activities. Two Senators, Maggie Hassan...

Industry News – March 10, 2022

President Biden Announces a Special Prosecutor Will Investigate PPP Loan Fraud  During his State of the Union speech, President Biden announced he would appoint a special prosecutor to investigate pandemic-related financial crimes. The move comes as the Department of...

Policy News – March 3, 2022

This month, Congress may consider extending Subchapter 5 in the Chapter 11 bankruptcy code. In 2019, Subchapter 5 was added with the goal of making reorganizing bankruptcies more accessible to small businesses. On February 25, Senators Dick Durbin (D-IL) and Chuck...

Industry News – March 3, 2022

Many Small Businesses Still Struggling Financially Per New Survey   The Federal Reserve’s recent small business survey revealed that many companies still struggle to hire workers and overcome supply chain challenges. Black-owned, Asian-owned, and Hispanic-owned firms...