Archive: May 11, 2008 - May 17, 2008

Consumers Plan to Spend Rebate Checks on Necessities

Consumers plan to spend about 40 percent of their tax rebate checks on necessities like gas and food rather than items like electronics and apparel, according to a new survey prepared for the National Retail Federation by BIGresearch. In turn, many retailers are trying to cook up creative promotions to...

By Sharon McLoone | May 16, 2008; 11:49 AM ET | Comments (0)

Many Firms Failed to Claim 'Telephone Tax' Refund

A recent study from a government inspector general adds merit to the complaint long held by the small business community that onerous and complicated rules are putting micro firms at a disadvantage. The report by the Treasury Inspector General for Tax Administration said the IRS's recent effort to refund to...

By Sharon McLoone | May 15, 2008; 3:54 PM ET | Comments (0)

Preston's Confirmation Process Underway

The Senate Banking Committee has scheduled a hearing on Tuesday to examine whether Steven Preston, the current head of the Small Business Administration, should take over the reins at the nation's beleaguered housing department. Preston is the only witness before the morning panel. Administration and Hill sources have told the...

By Sharon McLoone | May 14, 2008; 2:10 PM ET | Comments (0)

Welcome Voices on Small Business

Almost everyone is familiar with the owner of the corner store, a friend or neighbor dabbling away in the garage to create the next big thing, the technology whiz kid, a seasoned executive ready to make a new start or the savvy "mompreneur" who seeks a more flexible schedule. They...

By Sharon McLoone | May 13, 2008; 9:30 AM ET | Comments (2)


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