FedEx is running a contest for small businesses, reports Small Biz Trends. The Small Business Grant Contest awards a top prize of $25,000 in cash and $7,500 in FedEx print supplies. The contest is open from February 21 through March 29.
It’s tax season and many small business owners try to deduct items that clearly aren’t business related, reports MarketWatch. Unless you can directly relate the item to your business you can’t deduct it.
Small business lending continues to improve, reports Forbes. The Biz2Credit Small Business Lending Index in January 24 percent of all funding requests were approved. This is a significant improvement, for comparison in 2011 only 10% of loans were approved.
There are several changes in the tax laws for 2017, reports Entrepreneur. There are several new items included in the Section 179 expensing/bonus depreciation rules. Plus, there are new filing deadlines.