Business

After a year of studying the basis-shifting issue, the agencies announced their intent to issue proposed regulations. They also released a revenue ruling on related-party partnership transactions involving basis shifting without "economic substance" for the parties or "substantial business purpose."     The plan builds on ongoing IRS efforts to increase audits on the wealthiest taxpayers, large

The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses, SBA Administrator Isabel Casillas Guzman told CNBC. The SBA is launching a working capital pilot program in the coming months that is designed to be more attractive to both lenders and borrowers than the agency's

Companies are increasing access to new blockbuster weight-loss drugs for employees, but size of employer may make a big difference in early access. Small businesses and their workers are often stuck between a rock and a hard place when it comes to this burgeoning health insurance coverage market. Small businesses employ roughly half of the

"But when you have a 60-second video, you aren't trying to convey that nuance," Metras said. If you're planning to hire your children this summer, here are some key things to know, according to financial experts. Employing your kids can be 'tax-savvy' "Hiring your child can be a tax-savvy move," said certified financial planner Sean

Count Baked by Melissa founder Melissa Ben-Ishay among the entrepreneurial success stories founded on getting out of the corporate rat race. Before starting her company, Ben-Ishay worked at an ad agency in New York City – a role she felt unfulfilled in. The day she was fired was an "aha moment," she recently told CNBC.

Between rising costs for groceries and fuel, increased debt levels, and shrinking savings, people are having trouble seeing the overall economic growth reflected in their bank accounts. Our recent research with CNBC showed that the "vibecession" has a hold over many people, and now those sentiments appear to resonate with small business owners as well. The

The fight against inflation was going well for the Federal Reserve and economy for much of last year and into 2024, but one important demographic remained unconvinced about the progress being made in lowering pricing: small business owners. Now, more influential parties are coming around to a view that small businesses have been stubborn in

The Junior Achievement Free Enterprise Center located in Greenwood Village, Colorado, is where high school students can explore careers and develop a plan to pursue their goals. The center aims to inspire the next generation of entrepreneurs. Entrepreneurship is a common goal for younger people. More than half, or 54%, of Gen Z adults say that

Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem. At a time when other data points show inflation receding, the National Federation of Independent Business reported Tuesday that its survey showed a reading of 88.5, down nearly a point

The U.S. Federal Reserve has announced plans to develop a new round-the-clock real-time payment and settlement service, called the FedNow Service, to support faster payments in the country