Archive: December 9, 2007 - December 15, 2007

IRS Offers Speedier Resolutions for Investigations

If you're being investigated by the IRS, you probably want the process to be over sooner rather than later. The agency announced today it has expanded its "Fast Track Settlement" program (pdf) for taxpayers under examination by its small business and self-employment division. The program is now available until Sept....

By Sharon McLoone | December 14, 2007; 3:21 PM ET | Comments (0)

Energy Bill Includes Small Business Provisions

The cost of heating oil is taking a bite out of many small business budgets as wintry weather blankets much of the nation, but some relief may be on the horizon. The Senate on Thursday passed an energy bill, H.R. 6, that includes a handful of provisions addressing the small...

By Sharon McLoone | December 14, 2007; 12:45 PM ET | Comments (0)

Small Businesses To See Extension on Accounting Rules

The nation's smallest public companies are going to get a one-year extension on complying with new accounting rules, according to testimony Wednesday from the head of the Securities and Exchange Commission. SEC Chairman Christopher Cox told the House Small Business Committee that his agency plans to postpone for a...

By Sharon McLoone | December 12, 2007; 4:39 PM ET | Comments (0)

Moving at a Fast Clip

Anyone running a business, especially a retailer, knows that good customer service is just commonsense. But how far should you go to eat the cost of something so that a customer is satisfied? I recently placed an order online for a fancy hair accessory, per my older sister's request for...

By Sharon McLoone | December 12, 2007; 1:24 PM ET | Comments (0)

Even FedEx Had to Start Somewhere

I attended a University of Maryland basketball game last week but barely saw a moment of it. I missed the game because I was busy talking to entrepreneurs and business people from various stages in their careers. One unassuming man in his 50s, dressed casually in a red turtleneck, sweater...

By Sharon McLoone | December 11, 2007; 10:15 AM ET | Comments (0)

Absinthe Made His Heart Grow Fonder

While Washington wonks toil away crafting industry circulars and other quintessential government documents on a daily basis, it's no surprise that most paperwork gets lost in a sea of bureaucracy, pursued only by insiders interested to that particular, often esoteric debate. So it comes as no shock when, on Oct....

By Sharon McLoone | December 10, 2007; 10:20 AM ET | Comments (4)


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