Industry News – January 19, 2023

Consumer Economic Sentiment Continues Rising Per New Study  The University of Michigan’s consumer sentiment index rose to 64.6 in its preliminary January survey, up 8.2% since December. The rise is attributed to consumers feeling better about the economy due to lower...

Industry News – January 12, 2023

Venture Capital Funding Gap Still Exists for Latina Business Founders  Despite being one of the most prominent creators of new businesses each year, Latina entrepreneurs still face a significant venture capital funding gap. A lack of built-in networks to help find...

Policy News – January 12, 2023

The House of Representatives passed their first bill of the new year, after concluding the protracted proceedings to elect Kevin McCarthy (R-Calif.) as the new Speaker of the House. The now Republican-controlled House passed the “Family and Small Business Taxpayer...

Policy News – January 5, 2023

The Internal Revenue Service (IRS) reversed its position on requiring people who earned at least $600 from online platforms like eBay, Venmo, and others to receive a 1099-K tax form starting in 2023. The new policy will now be delayed for a year to give tax...

Industry News – January 5, 2023

Rural Small Businesses Owners Still Feel Uncertain About the Future   Despite rebounding after the COVID-19 Pandemic, more than half of rural small business owners surveyed still feel uncertain, according to a new report. The biggest challenges facing them include too...