Charday Penn | E+ | Getty Images Small-business owners and side-gig hustlers are facing a major tax deadline. Filers who pay estimated taxes every quarter, including independent contractors and partners in business entities, owe their final payment of 2020 on Jan. 15. Generally, the other deadlines for quarterly taxpayers are April 15, June 15, and
Small Business
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks is starting a $100 million fund aimed at investing in community development projects and small businesses in areas populated by Black, Indigenous and people of color. The company’s Community Resilience Fund is part of a broader plan to step up its commitment to racial and social
Marc Romanelli | Tetra images | Getty Images The Covid-19 crisis has hit Latino small businesses particularly hard, including not being able to access PPP funding at a similar rate to other business owners. And many individual proprietors or small, family-owned businesses may feel the impact of Covid more directly, as the pandemic has disproportionately
Manager Pat Ryan stands at the counter at the Pig Pit BBQ in Cohoes, NY on December 09, 2020. The pandemic crushed businesses on Boston’s Water Street. Craig F. Walker | Boston Globe | Getty Images With the renewed Paycheck Protection Program launch imminent, small business owners and advocates are eagerly awaiting access to much-needed
Jovita Carranza, administrator of the U.S. Small Business Administration, speaks as Steven Mnuchin, U.S. Treasury secretary, listens at a House Small Business Committee hearing in Washington, D.C. Erin Scott | Getty Images The Paycheck Protection Program will reopen on Jan. 11, offering forgivable loans to small businesses and allowing certain cash-strapped firms to borrow a
A baker places long molds of freshly kneaded sourdough dough onto racks for baking inside of Reineckers Bakery in Macedonia, Ohio, Oct. 7, 2020. Ty Wright | Bloomberg | Getty Images Small businesses hit by the pandemic recently got some good news – the $900 billion relief act signed into law by President Donald Trump
CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Janelle Finch is a senior at the University of Missouri in Columbia, majoring in journalism with an emphasis in TV/radio reporting and
Letizia Le Fur | ONOKY | Getty Images While the federal Covid relief bill addresses a key concern for small businesses with forgivable loans, these firms could still face a tax hit — this time on their state returns. In addition to pledging stimulus checks to American households and providing a $300 boost to unemployment
A man wearing a face mask rides a bicycle, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 12, 2020. Carlos Garcia | Reuters BEIJING — China is extending support measures for the country’s smallest businesses, a signal that full economic recovery from the shock of the coronavirus
Juanmonino | E+ | Getty Images Congress wants business owners to head out to restaurants and claim a full tax deduction for doing so. Whether it will be enough to save embattled dining establishments is another story, financial advisors and tax professionals said. The $900 billion proposal, which was released on Monday and weighs in
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