Latest in Harris to propose $50,000 tax deduction for small business startup expenses, ahead of Trump debate
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Tax Deadline for 2024 Disaster-Hit Small Businesses Nears
The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.Inc. - 1h -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - 18h -
Small Businesses and Homeowners in My Hometown Are Grappling With California’s Broken Insurance Market
One business owner in Altadena, where I once lived, would love to rebuild. But all of her customers lost their homes.Inc. - 1d -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - 2d -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - 2d -
L.A. small businesses see years of work reduced to ash
From a decades-old diner to a yoga studio just getting off the ground, storefronts that anchored their communities were destroyed by the Palisades and Eaton fires.NBC News - 3d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 3d -
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Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - 4d -
Small Business Administration aid for Los Angeles area wildfire victims
There may be some relief for business owners and others who may qualify for loans from the Small Business Administration. CBS News Los Angeles' Joy Benedict has more.CBS News - 4d -
How Delivery Startup DroneUp May Survive the Loss of Walmart’s Business
After the retailing giant consolidates its aerial deliveries with two bigger specialists, DroneUp will need to pivot to working with smaller, local customers.Inc. - 5d -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - 5d -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - 5d -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - 5d -
How Gen AI Helps Small Businesses Recruit Better Employees, and More Efficiently
A new survey reveals a large number of small companies haven’t used AI much—or at all. Those that have report significant hiring benefits as a result.Inc. - 5d -
Obama and Trump chat ahead of Carter funeral
Former President Obama and President-elect Trump chatted and laughed after being seated next to each other at the funeral of former President Jimmy Carter.NBC News - 6d -
Canada on Trump's Proposed Union: Thanks, but Let's Just Be Friends
The president-elect’s comments about the U.S. annexing its northern neighbor were rejected by Canadians of all political stripes.The Wall Street Journal - 6d -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - 6d -
Joni Ernst Tapped to Lead Senate Committee on Small Business and Entrepreneurship
Ernst, who is one of the top Republicans in the Senate, teased visions for what her leadership of the committee will aim to tackle.Inc. - 6d -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Port strike looms ahead of Trump inauguration
Tens of thousands of longshoremen could walk off the job from Maine to Texas next week if their union and management can’t resolve long-running contract issues. A damaging strike that kicks off a ...The Hill - Jan. 8 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
Harris oversees certification of Trump's election win
Lawmakers gathered inside a peaceful Capitol for a joint session of Congress on Monday as Vice President Kamala Harris oversaw the certification of her defeat to President-elect Donald Trump and ...CBS News - Jan. 6 -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - Jan. 6 -
5 Supreme Court Cases That Could Have a Big Impact on Small Businesses in 2025
These cases will shape business decisions for years to come, according to legal experts.Inc. - Jan. 6 -
Watch live: Harris certifies Trump's election win
Congress on Monday is set to formally certify President-elect Trump's 2024 election victory. As president of the Senate, Vice President Harris, whom Trump defeated, will oversee the process. Monday ...The Hill - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Harris shares message ahead of Jan. 6 certification: ‘Our democracy can be fragile’
Vice President Harris on Monday shared a video message before she presides over a joint session of Congress to certify the 2024 presidential election, which she lost to president-elect Trump. In a ...The Hill - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Schiff: Trump’s proposed January 6 pardons would 'send a terrible message about our democracy'
Sen. Adam Schiff (D-Calif.) joins Meet the Press to talk about the anniversary of January 6 and President-elect Trump’s plans to pardon those involved with the attack, calling it “the wrong way to ...NBC News - Jan. 5 -
Harris to certify Trump victory on Jan. 6 anniversary
Vice President Kamala Harris will oversee a new Republican-led Congress as they certify Donald Trump’s election win on the anniversary of the violent Jan. 6 attack on the Capitol. NBC’s Vaughn ...NBC News - Jan. 5 -
Start January Strong by Turning Post-Holiday Energy Into Small-Business Success
After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.Inc. - Jan. 5 -
Trump boosts Johnson ahead of Speaker vote
President-elect Trump gave a public boost to Speaker Mike Johnson (R-La.) hours before House lawmakers vote to determine whether he will keep the gavel to start the next Congress and amid ...The Hill - Jan. 3 -
How Three Small Independent Coffee Shops Started Their Businesses
The owners began their businesses with no college degrees and 100 percent grit. A visit from the TikTok food critic Keith Lee also helped.The New York Times - Jan. 3 -
Trump to rally in DC ahead of inauguration
Donald Trump is expected to hold a big Washington rally the day before he’s sworn in as the nation’s 47th presidentABC News - Jan. 2 -
Small Businesses Brace Themselves for TikTok Ban
If the Jan. 19 ban on the popular social video platform goes into effect, millions of entrepreneurs will lose a valuable marketing and outreach channel.Inc. - Jan. 2