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On Wednesday, the Senate voted to repeal a very unpopular section of Obamacare. That was the piece that required all businesses to submit an IRS Form 1099 disclosing any purchases they made from anyone if the total amount of purchases exceeded $600 per year. We told you a bit about this burdensome law last year,…
On Tuesday, the Senate voted to advance a bill, pushed by President Obama, that ostensibly is designed to help small business. One key provision of the bill creates “Son of TARP”, a $30 billion fund to encourage small community banks to make loans to small business. Other provisions give small business $12 billion in tax breaks,…