Cybercriminals Target Local Governments

In the NewsCybercriminals Target Local GovernmentsA new trend has local governments on guard: global computer hackers stealing their money.Legal IssuesSenate May Take Up Another Pay Bill Before End of TermProponents say the bill would help women pull even with men in compensation levels, asserting that women make only 77 cents for every dollar that men earn. The issue takes on more urgency during a recession, they say, because women are the sole breadwinners in many households. Economy [Read Full Article]


Start-ups May Get Big Tax Break

  Government and Economy Bill Could Make Healthcare Cheaper for the Self-Employed The measure under consideration would put an end to the FICA tax on health insurance premiums for the self-employed, making them more affordable and leveling the playing field with other businesses. WRN.com Startups May Get Big Tax Break New, bipartisan legislation proposes to amend the IRS code to allow new businesses to write off more of their operating costs. The Small Business Formation and Job Creation Act, would raise the start-up business deduction from the current $5,000 to $20,000. WSJ.com [Read Full Article]


SBA Issues Scam Alert for All Small Businesses

  Government and Economy SBA Warns of Fraudulent Attempts to Obtain Bank Account Information from Small Businesses The US Small Business Administration has issued a scam alert today to small businesses, warning them not to respond to letters falsely claiming to have been sent by the SBA asking for bank account information in order to qualify them for federal tax rebates. US Small Business Administration [Read Full Article]


Small Business Indicators Fall, Small Lenders Take a Fresh Look at SBA Loans

  Government and Economy Small Business Indicators Fall with Employment A monthly index of key small business indicators fell in January to its second-lowest level in 35 years. Washington Business Journal Small Lenders Taking a Fresh Look at SBA Loans Small community banks may have once considered SBA loans too cumbersome, but now they are becoming SBA lenders in advance of economic stimulus incentives and that could open new financing for entrepreneurs. The Arizona Republic [Read Full Article]


SBA Expands Emerging 200 Initiative, New Labor Secretary to Hit The Ground Running

Government and Economy SBA Expands Emerging 200 Initiative to 15 Cities as First Group of Executives Complete Innovative New Program The U.S. Small Business Administration’s innovative Emerging 200 initiative will be expanded in the spring of 2009 to include five new cities – Detroit, Dallas, Denver, Jacksonville, and Portland, Ore. – SBA Acting Administrator Sandy K. Baruah announced today. New Action by Treasury and Federal Reserve Will Support Small Business Lending Late last week, the Treasury Department and the Federal Reserve announced important details on how the Term Asset-Backed Securities Loan Facility (TALF) wi... [Read Full Article]