n March 2014, President Barak Obama sent an executive memorandum directing Secretary of Labor Thomas Perez to “modernize and streamline” the overtime exemption regulations.
obama
SBA Nominee Maria Contreras-Sweet Poised to be Confirmed
At her recent confirmation hearing, Maria Contreras-Sweet, the newly nominated chief of the U.S. Small Business Administration (SBA), promised to do more to promote the agency’s services. Contreras-Sweet said she understood what small businesses go through based on her own startup experience. There are about 2,400 SBA lenders, including ProAmérica Bank, the community bank that […]
Small Businesses Get Bigger Tax Break
Small businesses may be eligible for a special tax credit for providing health insurance under the Affordable Care Act (ACA), often referred to as Obamacare. Under new regulations issued by the Internal Revenue Service (IRS), qualifying small businesses can earn a maximum tax credit of 50 percent to offset health insurance costs beginning in 2014. […]
Health Care Changes Wizard for Obamacare Education
The White House has launched a new Website designed to inform and educate business owners concerning the Affordable Care Act (ACA), also known as Obamacare. The Health Care Changes Wizard, which is part of BusinessUSA, the administration’s interagency information outlet for employers, asks employers to input their state, company size and current insurance plans. The Wizard delivers tailored information about changes under the law, important dates to remember, and the formulas for determining requirements and penalties.
Small Business Owner Survey
Survey finds that 40 percent of U.S. small business owners rate the economy and jobs as the most important factor in their choice for president.
‘Nobama’ Countdown Clock Measures the President’s Days Left
For those who’ve had enough out of Washington, this unique item keeps track of the days left until the current President leaves office.
“Nobama” Countdown Clock Shows How Many Days Left
Had enough? Now there are stickers, mugs and t-shirts available to proudly show your political leanings, and even a clock to see how soon we’ll have a new President.
Getting an SBA Loan
President Obama in his State of The Union address recently announced a proposal to give $30 billion to community banks for the purpose of using the funds for small business loans. The funds are assumed to be regulated through the Small Business Administration (SBA) but no details have yet been announced. The SBA has long […]
