Difference between revisions of "Regulations in Relation to Small Businesses"
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Amendments made regarding crowdfunding in October 2015 | Amendments made regarding crowdfunding in October 2015 | ||
*“New rules and proposed amendments are designed to assist smaller companies with capital formation and provide investors with additional protections” [https://www.sec.gov/news/pressrelease/2015-249.html (SEC)] | *“New rules and proposed amendments are designed to assist smaller companies with capital formation and provide investors with additional protections” [https://www.sec.gov/news/pressrelease/2015-249.html (SEC)] | ||
| − | *Raised the threshold for exemption for registration | + | *Raised the threshold for exemption for SEC registration |
**Went from 500 holders of record and total assets exceeding $1 million to either 2000 holders or 500 holders who are not accredited investors and total assets exceeding 10 million [http://www.natlawreview.com/article/sec-proposes-rule-amendments-to-implement-jobs-act-registration-thresholds (NLR)] | **Went from 500 holders of record and total assets exceeding $1 million to either 2000 holders or 500 holders who are not accredited investors and total assets exceeding 10 million [http://www.natlawreview.com/article/sec-proposes-rule-amendments-to-implement-jobs-act-registration-thresholds (NLR)] | ||
**More companies are now exempt from registration requirements of the federal securities laws | **More companies are now exempt from registration requirements of the federal securities laws | ||
Revision as of 16:01, 8 February 2016
Information dump: not organized yet!!
- The IRS small business forms aren’t overwhelming for big businesses, but for entrepreneurs “the regulations, taxes, and fees are very costly and subsequently discouraging” (opinionated post)
- Forms that small businesses have to fill out:
Highlights from the Small Business Jobs Act of 2010
- Puts more capital in the hands of small businesses and entrepreneurs
- SBA loan provisions were extended through 2010
- Higher loan limits
- Permanently increased microloan limits from 35,000 to 50,000, helping more entrepreneurs with start-up costs and small business owners in underserved communities
- More small businesses became eligible for SBA loans
- Increased alternate size standard to those with less than 15 million in net worth and 5 million in average net income
Jumpstart Our Business Startups “JOBS” Act
Amendments made regarding crowdfunding in October 2015
- “New rules and proposed amendments are designed to assist smaller companies with capital formation and provide investors with additional protections” (SEC)
- Raised the threshold for exemption for SEC registration
- Went from 500 holders of record and total assets exceeding $1 million to either 2000 holders or 500 holders who are not accredited investors and total assets exceeding 10 million (NLR)
- More companies are now exempt from registration requirements of the federal securities laws
