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News
New SBA Loan Rules Take Effect October 1 For Business Buyers
1+ week, 5+ day ago (568+ words) The Small Business Administration has issued SOP 50 10 8.1, the updated lending rulebook that takes effect October 1, 2026 and applies to applications assigned an SBA loan number on or after that date. Lenders continue working under the current version, SOP 50 10 8, for anything submitted…...
NFIB Small Business Optimism Rose To 99.8 In July On Hiring Plans
1+ week, 6+ day ago (441+ words) The National Federation of Independent Business said its Small Business Optimism Index climbed 2.4 points in July to 99.8, its highest reading since August 2025. The increase pushed the gauge back above its 52-year average of 98.0, with eight of the index’s 10 components moving…...
IRS Expands Business Tax Account Tools For Sole Proprietors
2+ week, 5+ day ago (371+ words) The IRS has added new features to its Business Tax Account, giving eligible businesses more ways to view digital notices, make payments, and manage federal tax information online. The update, announced August 6, extends the online account to more everyday tasks....
Tariffs Start To Bite Small Businesses As Input Costs Climb
2+ week, 6+ day ago (436+ words) The cost of running a small business is creeping higher as import tariffs work their way into everyday prices. A New York Fed analysis found that a majority of firms in goods-heavy industries are now reporting tariff-related challenges, and economists…...
G&A Report: 1 In 5 Small Firms Fear Closing Within A Year
3+ week, 4+ day ago (409+ words) A new SMB Readiness Report from G&A Partners, released July 29, finds that economic pressure, new legislation, and tougher federal enforcement are stacking up on small and midsize businesses. The survey reports that 87% of owners have changed how they run…...