Press Room

Vice President Kamala Harris swears in Isabel Guzman as administrator of the Small Business Administration as husband Javier Guzman stands at her side at the White House in Washington, March 22, 2021. Kevin Lemarque | Reuters Isabella Casillas Guzman, the new Administrator of the U.S. Small Business Administration, began her term under President Joe Biden
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This week’s map showcases states which levy alternative minimum taxes (AMTs) to prevent corporations from reducing their corporate income tax liability beyond a certain level. Under an AMT, corporations are required to calculate their income tax liability under two systems and pay the higher amount. This requirement under the federal AMT imposed steep compliance costs
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Dr. Scott Gottlieb warned that Covid-19 could, yet again, force schools to go fully remote, amid concerns about potential outbreaks in classrooms this fall.  “Unfortunately, it’s possible, especially if you go into this school year without the kind of mitigation that we had in place last year,” Gottlieb, the former FDA chief in the Trump
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Customers at the bar in Philadelphia restaurant Martha, which requires customer proof of vaccination, on Aug. 7, 2021. Hannah Beier | Reuters Business are getting creative in their efforts to attract and retain workers amid a labor shortage caused by the coronavirus pandemic. Ray Bales, president of a Seniors Helping Seniors franchise in Knoxville, Tennessee,
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The delta variant hasn’t significantly altered the outlook of America’s small business, but the conditions that the Main Street economy is operating under as it attempts to fully reopen are weighing on business owners across the country. Half of small business owners (50%) say it’s gotten harder to find qualified people to hire compared to
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Last week the Organisation for Economic Co-operation and Development (OECD) released an updated list of “Harmful Tax Practices” that have been identified as part of a country peer review process. One notable element of the recent list states that the United States has committed to abolish the deduction for Foreign Derived Intangible Income (FDII). However,
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United Airlines ramp services worker John Dalessandro receives a COVID-19 vaccine at United’s onsite clinic at O’Hare International Airport on March 09, 2021 in Chicago, Illinois. Scott Olson | Getty Images The U.S. government may not require that everyone get Covid-19 vaccines, but large employers across corporate America are stepping into the void. More than
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Frontier Airlines planes. Robert Alexander | Getty Images Frontier Airlines on Friday said it will require employees to get vaccinated against Covid-19 or regularly provide proof of negative tests. The announcement from the low-cost carrier came hours after United Airlines said all of its 67,000 U.S. employees must show proof of vaccination no later than
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