Because of the lower value of the dollar and increased demand abroad, American companies have sought new markets overseas. This includes small companies as well as large. U.S. exports rose to more than $170 billion in June 2011 from $151 billion a year earlier and $128 billion in June 2009, the Commerce Department reported this...
Category: Small Business
Tax Withholding on Contracts May Hit Hard at Small Businesses
Lately, the federal government has launched new or expanded preference programs to benefit small businesses, enabling them to compete better with larger companies and to keep their strong foothold in the economy. However, a little-known tax provision, if it remains part of federal law, is going to have a disproportionately harmful effect on those same...