Regulations in Relation to Small Businesses

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

Highlights from the Small Business Jobs Act of 2010

(SBA-SBJA)

• 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