Policy News – January 26, 2023

A new federal exemption offers expanded options for a small business owner considering selling their company. In the recently passed $1.7 trillion spending bill enacted before the new year, new language was included creating an exemption for business brokers and...

Policy News – January 19, 2023

The Veteran Small Business Certification (VetCert) Program, funded by the Small Business Administration (SBA) is now open. Veteran-owned businesses, including VOSBs and SDVOSBs can apply for funding. SBA Administrator Isabella Guzman recently granted a one-time,...

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...

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...