Small Business

A new Singapore-inspired tax law will reduce corporate income tax and boost foreign investment in the Philippines, finance secretary Carlos Dominguez told CNBC, as the country moves to speed up its economic recovery. The Philippines’ so-called corporate recovery and tax incentives for enterprises (CREATE) act, which was signed into law last month, aims to provide
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A son hugs his mother as a concessions worker hands over napkins and soda inside the AMC movie theater at the Westfield Century City shopping mall in Los Angeles, California, on Monday, March 15, 2021. Bing Guan | Bloomberg | Getty Images The Small Business Administration announced Friday that it will reopen an application portal
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Igor Golovniov/SOPA Images | LightRocket | Getty Images Mastercard announced Tuesday a multimillion dollar investment in Fearless Fund, a venture capital firm founded by Black women with the mission of investing in minority female entrepreneurs. The credit card giant also unveiled a partnership with Greenwood, a fintech firm aimed at Black and Latinx consumers and
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Small business closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable. “It continues to be a very painful time for small businesses,” John Stanford, co-executive director of the Small Business Roundtable, told CNBC’s “Worldwide Exchange” on Thursday. The report,
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SDI Productions | Getty Images 2020 brought forward a crucial national conversation centered on the need for companies – from Main Street to Wall Street – to look inward at hiring practices, employment policies, recruitment and other aspects of the employment process to expand opportunities for diversity, equity and inclusion. It seems every company in
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Patrice Washington started her career before graduating college. The USC grad became a real estate broker while juggling classes and homework during her senior year.  After graduating in 2003, Washington opened her own boutique real estate and mortgage brokerage. She immediately had to hire employees to keep up with demand. By 2007, she had made
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Maskot The IRS and Treasury Department have extended the tax-filing season, pushing the deadline to May 17 from April 15. The extension won’t help every taxpayer, however. That’s because it does not include estimated tax payments, which are still due April 15. Some taxpayers must make quarterly estimated tax payments throughout the year to avoid
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Isabel Guzman, administrator of the U.S. Small Business Administration (SBA) nominee for U.S. President Joe Biden, is sworn in during a Senate Small Business and Entrepreneurship Committee confirmation hearing in Washington, D.C., on Wednesday, Feb. 3, 2021. Bill Leary | Bloomberg | Getty Images The Senate plans to confirm Isabel Guzman to head the Small
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Matt Strickland, owner of Gourmeltz in Fredericksburg, Virginia, at his restaurant on Feb. 12, 2021. Strickland continues to operate his restaurant even though he said his license had been revoked by health officials for failing to comply with Covid-19 restrictions. Kevin Fogarty | Reuters For some of the smallest businesses that applied for forgivable loans
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