Policy News – December 15, 2022

January 1, 2023, is the date when the certification process for veteran-owned small businesses (VOSBs) and service-disabled veteran-owned small businesses (SDVOSBs) will be transferred from the Department of Veterans Affairs (VA) to the Small Business Administration...

Industry News – December 15, 2022

Small Businesses at Risk with Zelle Loophole for 1099-K Rule Small businesses that use the payment platform Zelle may still be responsible for reporting 1099-K income to the IRS. This is despite Zelle representatives saying that the new tax rule does not apply to...

Policy News – December 8, 2022

Lawmakers from both parties are seeking changes to a pending tax rule change. The rule would require third-party companies to send 1099-K forms to taxpayers who earn more than $600 in revenue from part-time work or selling goods. In a provision from the American...

Industry News – December 8, 2022

How Small Business Owners Can Utilize EAP Programs for Their Employees Employee Assistance Programs or EAPs can provide needed resources to employees in addition to health insurance. EAPs can help with wellness awareness, child and elder care, legal counsel, and...