New York (CNNMoney) - Small businesses were no great fans of Obamacare - but at least they liked the promise of the health exchanges. Now, some of the benefits might not appear for at least a year.
By 2014, two kinds of health exchanges are scheduled to be up and running: One for individuals and one for small businesses.FULL STORY
New York (CNNMoney) - They hate the idea of higher taxes, but some small business owners say they can handle paying a little more.
That's how they feel about President Obama's plan to raise tax rates on income above $200,000, which would mean a higher tax bill for some businesses, including the Uptown Cheapskate retail franchise started by Chelsea Sloan.FULL STORY
New York (CNNMoney) – Of all the fiscal cliff issues, there's one that scares small businesses most of all: The end of the payroll tax holiday.
The tax comes from worker paychecks and funds Social Security. For the past two years, workers have been paying a rate of 4.2%. In 2013, the rate is set to rise back to 6.2% on the first $113,700 in wages.FULL STORY
New York (CNNMoney) – The longer Congress waits to avoid the fiscal cliff, the more complicated it will be for businesses to figure out how much to pay workers early next year.
The confusion poses the biggest threat to the nation's 27 million small businesses, because the vast majority do their own payroll. That means they'll have to understand what Congress decides and calculate the changes fast.FULL STORY
New York (CNNMoney) – Mitt Romney promises less regulation on small businesses, but the immigration plan he supports would add an extra step to the hiring process.
Romney has said the nation should follow immigration rules like those in Arizona, where companies are forced to use a federal government program called E-Verify. Business owners are required to check the legal status of all new workers against Social Security and immigration records.FULL STORY
New York (CNNMoney) - Potential massive cuts in federal spending are still months away, but some small businesses that rely on government contracts are already feeling the pinch.
The looming cutbacks - part of the "fiscal cliff" - are causing firms to slow business or shrink production and could threaten jobs, according to company owners.FULL STORY
New York (CNNMoney) - The Supreme Court's decision on health reform brought a sigh of relief from small businesses. Whether they love or hate the new rules, they like certainty.
They could draw up business plans for next year. They could choose to hire or not.FULL STORY
New York (CNNMoney) - The health reform law is chock full of new rules and benefits for small businesses - and all are now on the line at the Supreme Court.
The 2010 Affordable Care Act includes everything from a different way to shop for insurance to a tax credit that rewards employers for insuring workers.FULL STORY
New York (CNNMoney) - Mitt Romney promised members of the nation's small business lobby on Wednesday that, if elected, he would shut down health care reform, reduce taxes and tackle regulations.
The presumptive Republican presidential nominee said small business has not thrived as it could have since the recession because of President Obama's policies, which he called "collectively anti-business, anti-investment, and anti-jobs."FULL STORY
New York (CNNMoney) - For some Hispanic entrepreneurs, Mitt Romney forces a tough decision.
As small business owners, they like Romney's call for fewer regulations and lower taxes. But some are turned off by his embrace of hardline Republican Party views on illegal immigration.FULL STORY