Small Businesses

Schultz: Small Business Leader Praises Tax Deferment Deal as ‘Huge’

Marisa Schultz writes Job Creators Network president Alfredo Ortiz, speaking for small business owners, says people are thrilled with the Trump administration’s decision to defer tax payments up to 90 days. Such a program could spell the difference between staying in business during the coronavirus pandemic or closing up shop.

NEW YORK, NEW YORK - NOVEMBER 21: A general view of atmosphere is seen during American Express and Small Business Owners in a Toast to 10 Years of Small Business Saturday with Karlie Kloss November 21, 2019 in New York City. (Photo by Brian Ach/Getty Images for American Express)

The Trump Boom: Small Business Optimism Remains Near Record High

While the post-election optimism hasn’t faded, it has not yet translated into an increase in small business spending and hiring. Many small businesses may be waiting to see if the Trump administration and Republicans on Capitol Hill act on promises to cut taxes, reverse the regulatory expansion of the Obama administration and repeal Obamacare.

US President Donald Trump speaks before signing an executive order limiting regulation with small business leaders in the Oval Office at the White House on January 30, 2017

EXCLUSIVE: Businesses Fight Against Seattle’s ‘Discriminatory’ Minimum Wage Law

A three-judge panel for the U.S. Ninth Circuit Court of Appeals is scheduled to hear oral arguments today on the International Franchise Association’s appeal to overturn a U.S. District Court judge’s previous decision that denied a preliminary injunction to halt the application of Seattle’s minimum wage law to franchisees. The Seattle law is drafted so that large businesses with more than 500 employees must pay a minimum wage of $15 per hour by 2017 or 2018. However, smaller employers have more time – until 2021 – to increase the minimum wage.

Seattle Mayor Ed Murray (C) celebrates with supporters and hands out ceremonial pens after signing a bill that raises the city's minimum wage to $15 an hour on June 3, 2014 in Seattle, Washington. The bill passed unanimously in a June 2 Seattle city council meeting. (Photo by