Difference between revisions of "Regulations in Relation to Small Businesses"

Revision as of 16:05, 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:
- https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Forms-for-Partnerships

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

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

@@ Line 15: / Line 15: @@
 *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===
+===Jumpstart Our Business Startups “JOBS” Act (2012)===
 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)]