°®¶¹´«Ã½

Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.

Trucking company owners may find themselves among the limited liability company proprietors facing penalties if they fail to report information required by the Treasury Department.

U.S. small-business optimism in January suffered the biggest drop since 2022, due to weak profits and sales expectations, according to the National Federation of Independent Business.

Optimism among U.S. small businesses retreated in October for the first time in four months as the sales outlook worsened, while some measures of inflation accelerated.

A record 48% of U.S. small business owners said they raised compensation in December and nearly a third said they plan to do so in the coming months, the National Federation of Independent Business said Jan. 6.

The Small Business Administration said May 5 that the Paycheck Protection Program has been exhausted, after giving out nearly 10.8 million loans worth more than $780 billion since April 2020.

WASHINGTON — The Senate on March 25 passed a bill to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program, giving applicants two more months to apply for federal aid. The vote was 92-7.

At least 1 in 10 small businesses in the U.S. are expecting to lay off workers once their fiscal relief funds run out, according to a new survey.

The Trump administration and Congress expect an agreement April 20 on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.