By Carol L. O’Riordan How large can a business be and still be considered a “small business”? This definition can matter a great deal to a company that wants to benefit from small business preferences, set-asides, and loan programs. The Small Business Administration (SBA) is the agency that keeps track of such things. Under the...
Month: October 2012
How to Navigate the Complexities of Women, Minority-Owned Business Programs
These days, the tax code seems to be a method of choice to help people save energy, buy homes, and engage in many other socially productive activities. However, there don’t seem to be any tax incentives, as yet, for companies that hire women- or minority-owned suppliers or contractors. The incentives that exist are somewhat different....
What Happens If Workers Are Laid Off Because We Hit the ‘Fiscal Cliff’?
What will happen to workers who are laid off from government contractors because of financial cutbacks that would be required by the “fiscal cliff” takes effect? Of course, we don’t know whether this process, known as sequestration, will actually occur, since we don’t know whether Congress and President Obama will agree on spending cuts and...