IRS halts processing of a small business tax break amid ‘surge of questionable claims’
The IRS will immediately stop processing new claims for the employee retention credit to protect filers from a “surge of questionable claims.”
More Stories
Harris campaign launches small business battleground tour in a play for Latino, Black voters
The Harris campaign will announce the new campaign tour hours before her VP pick, Gov. Tim Walz, debates Trump's running...
Op-ed: Just like the rest of the nation, America’s small businesses are at a crossroads
As the presidential election nears, small business owners are cautiously optimistic, despite cost concerns, a CNBC|SurveyMonkey study finds.
Small business owners turn more bullish amid Fed interest rate cuts: CNBC survey
The Federal Reserve's decision to cut interest rates leads to greater confidence among small business owners, many of whom say...
Democrats grants special convention access to over 200 content creators
Over 200 content creators are attending the Democratic National Convention in Chicago to make content supporting Vice President Kamala Harris'...
The end of this tax break could be ‘very disruptive’ to business owners, expert says — what to know
The qualified business income deduction could expire after 2025 without changes from Congress. Here's what to know.
IRS to reject billions of dollars in ‘improper’ pandemic-era small business tax credit claims
The IRS will deny billions of dollars' worth of improper employee retention credit claims. Here's what small businesses need to...