SACRAMENTO — The California Legislature approved a major tax break for small businesses on Monday, voting to give up as much as $6.8 billion in revenue over the next six years so that struggling business owners can have smaller bills. The federal government loaned more than $97 billion to California...
Opinion: California Small-Business Grant Program Is Right Thinking, but Flawed in Execution
Small businesses owned by Black, Indigenous and People of Color are being disproportionately crushed by the weight of the pandemic – and many aren’t positioned to survive the next few months. So, when Gov. Gavin Newsom announced $500 million in grant funding and a temporary tax relief package for small businesses last...
Now Hiring: California Offers Credits To Small Businesses
SACRAMENTO — With millions of people out of work in California, Gov. Gavin Newsom on Wednesday signed a law giving tax breaks to small businesses that hire more workers by Dec. 1. The law will reduce how much state taxes some small businesses owe if they have more employees working...
Council Approves $4 Million for Renters, Small Businesses, Farmers
The Fresno City Council voted to take the next step on two grant programs, one for small businesses and one for residents to keep their homes, with a 6-1 vote Thursday. But, ambiguity in the resolution's language could run afoul of federal and state laws when it comes to granting...
Insta-Help Now Available to Struggling Small Businesses Through Instagram
Digital gift cards, fundraising stickers, and online food orders to help your favorite restaurants during COVID-19 restrictions are now embedded into the digital fabric of the Instagram community. Instagram appropriately shared the announcement through a blog post. Tap to Make Your Purchase "When you see gift cards or food orders,...
$2 Trillion Stimulus Package Helps Wide Variety of Businesses and Workers
In my early twenties, I started a modest sandwich shop where I learned that even on good days, the margins are tight. The risk, sweat and stress that goes into starting, owning and operating a small business are so constant that one wonders what compels anyone to do it. The...
Questions About Fresno 0% Loans? Few Answers Available.
Exact details of Fresno's zero-interest business loan program are still being worked out, according to City Hall. The city council unanimously approved the program for small businesses on March 25, but members are working with city staff to fill in the blanks. "There are no details on the loan program...
Latino Small Business Owners Are Fastest-Growing U.S. Entrepreneurs
On the weekends, Salinas food truck owner Orlando Osornio, 30, and his wife, Denise, sell mile-high tortas, filled with California fusion-inspired ingredients: hot Cheetos, bacon, mango-habañero sauce, or pineapple. Some come for the birria torta or the chicken-bacon-alfredo torta. A line of customers winds its way around the side of...
Calif Law Will Force Small Businesses to Rethink Staffing
A California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing. The law puts tough restrictions on who can be independent contractors or freelancers rather than employees. Supporters say it...
Does GOP Tax Law Help Small Businesses?
At a House hearing to discuss whether the 2017 GOP tax law — the Tax Cuts and Jobs Act (TCJA) — is a “help or a hindrance to Main Street,” small business owners disagreed over whether the law will benefit them in the long run. Justin Conger, owner and president...