Inauguration Day is just hours away, and Monday marks the start of President Donald Trump’s second term in office. There are many questions about what will happen, what will be different, and what will stay the same from Trump’s first term.
While some will focus on how he will govern, his foreign policy, and his actions at the border, our Small Biz Breakdown team of experts really focuses on what a second Trump presidency will mean for small business owners and entrepreneurs over the next four years. years.
See what they have to say and feel free to add to the conversation in the comments. Here’s the latest episode of Small Biz Breakdown:
Small Business News Group – January 18, 2025
Check out the rest of the week in small business news in our weekly roundup…
IRS Matters Reminder: Payroll and return information due Jan. 31
The Internal Revenue Service (IRS) reminds businesses to file payroll reports and special information returns with the federal government by January 31st. The deadline, which is important for tax return accuracy and fraud prevention, applies to a variety of forms, including the W-2. , W-3 and 1099-NEC.
Department of Justice files suit to shut down Florida Tax Return Preparers
The Justice Department has filed a civil suit in federal court in Tampa, Fla., to shut down Madison & Sons Enterprises, a tax return preparation company operating as Madison Tax Services. The suit targets business owner Darryl J. Madison along with Malik F. Eugene, Yvette Madison and Marlesa J.
NFIB Survey: Small Business Optimism Hits Six-Year High
The National Federation of Independent Business (NFIB) announced today that its Small Business Optimism Index rose to 105.1 in December, an increase of 3.4 points and the highest level since October 2018.
Phoenix Loan Services is setting out to revolutionize SBA and USDA Lending
Phoenix Lender Services, a subsidiary of Community Bankshares, Inc., was launched with a mission to transform lending by the United States Small Business Administration (SBA) and the United States Department of Agriculture.
Pricer Introduces Shelf Edge Technology Pricer Avenue
Pricer, the Swedish leader in retail technology, has launched Pricer Avenue, a state-of-the-art electronic shelf label (ESL) system designed to revolutionize the traditional retail aisle experience.
Pollo AI Introduces Multi-Model Support That Transforms AI Video Creation
Pollo AI, the leading platform for AI-powered video production, has introduced a new multi-model support feature that allows users to choose from a variety of popular AI video models. The update transforms Pollo AI into an all-in-one platform for creators, offering more versatility and customization.
Google Cloud is launching AI solutions to revolutionize retail
Google Cloud has announced a new suite of AI-powered solutions aimed at transforming the retail industry, addressing issues such as rising costs, supply chain disruptions and growing consumer demand for personalized shopping experiences.
TriNet introduces Advanced HR Plus to simplify payroll and HR for SMBs
TriNet (NYSE: TNET ), a provider of human resources solutions for small and medium-sized businesses (SMBs), has introduced an enhanced HR Plus offering designed to simplify and optimize HR, payroll and benefits management.
The SBA offers low-interest disaster loans for Southern California wildfire recovery
The U.S. Small Business Administration (SBA) announced the availability of low-interest federal disaster loans to Southern California businesses, homeowners, renters and nonprofits to help them recover from the devastating wildfires and windstorms that began on January 7, 2025.
An Expert Offers Guidance on Buying a Purchased Domain Name
VPN.com CEO Michael Gargiulo described a strategic approach to acquiring domain names already registered. Gargiulo, a seasoned entrepreneur and expert in the domain industry, emphasizes that while securing a purchased domain may seem difficult, persistence and the right tactics can often lead to success.
IRS grants tax relief to California wildfire victims, extends deadlines to October 15, 2025
The Internal Revenue Service (IRS) has announced significant tax relief measures for individuals and businesses in southern California affected by wildfires and straight-line winds beginning January 7, 2025.
ASUS Introduces Vivobook Pro 15 with AI-Enabled Intel Core Ultra Processors and Advanced Features
ASUS has unveiled the latest version of the Vivobook Pro 15 (N6506CU), a high-performance 15.6-inch OLED notebook designed for creators and gamers. Equipped with new generation Intel Core Ultra 9 processors (Series 2) and NVIDIA GeForce RTX 4050 GPU, the device combines advanced technology with advanced user-friendly features.
The Little We Breakdown: Is the IRS Targeting the Gig Economy?
Is the IRS targeting entrepreneurs who thrive in the gig economy? This week, a federal judge in California granted an IRS request for a John Doe subpoena to obtain information about people who use the JustAnswer platform. Our expert panel at Small Biz Breakdown had a lot to say about this news.
RHEI Launches Data Monetization Platform to Generate Revenue for Content Creators
RHEI Creations Corp., a leader in content distribution and marketing for the creative economy. introduced RHEI Data Pro, a platform designed to help creators and content owners monetize their existing content libraries.
Honeywell survey reveals AI investment plans among retailers for 2025
Honeywell has released findings from its AI in Retail Survey, which reveals that more than 80% of US retailers plan to increase their use of artificial intelligence (AI) in 2025. Research has shown that artificial intelligence improves returns management, customer service and product availability, as well as employee satisfaction and skills.
NFIB Jobs Report: Small Business Labor Costs and Hiring Challenges Easy in December
Small business labor costs fell in December, according to the latest jobs report from the National Federation of Independent Business (NFIB). Fewer businesses are increasing compensation and planning future increases, reflecting a gradual softening in the labor market, the report found.
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