Frequently Asked Questions About Small Business, 2020
Advocacy’s most requested publication, Frequently Asked Questions About Small Business, gathers the most up-to-date statistics about American small businesses in one place. Updated annually, the FAQ is a convenient place to find facts…
Resources for Small Businesses in Response to the Novel Coronavirus Pandemic
Updated November 25, 2020, 11:00am ET
The Office of Advocacy will share small business resources and information related to the coronavirus pandemic as we receive them.
Department of Commerce
On June 4, 2020, U.S. Secretary of…
2020 Small Business Profiles For The States And Territories
Advocacy’s Small Business Profiles are an annual portrait of each state’s small businesses. Included in each are snapshots into each state’s small business health and economic activity. Some economic data is also supplied for U.S.…
TTB Requests Comments on Proposed Information Collections
On November 3, 2020, the Alcohol and Tobacco Tax and Trade Bureau (TTB) published Proposed Information Collections; Comment Request (No. 81), requesting comments on information collections (forms, recordkeeping and labeling requirements,…
Contributions of Small Business Indirect Exports to U.S. International Trade
When using traditional measurements, small business exports represent about one third of total U.S. export value. However, these measures fail to take into account the value small businesses add to exports sold by large businesses. Using a…
Advocacy Submits Comment Letter to Recommend that DOL Delay Implementation of IFR Increasing Wages…
On November 9, 2020, the U.S. Small Business Administration’s Office of Advocacy submitted public comments to the Department of Labor’s Employment and Training Administration on its Interim Final Rule (IFR), which immediately increases the…
EPA seeks small businesses that use or are exposed to HBCD for SBREFA panel
EPA recently published its final risk evaluation for the third of its 10 high-priority chemicals under the amended Toxic Substance Control Act (TSCA). In September 2020, EPA published a risk evaluation for HBCD, finalizing…
CPSC Seeks Comments on Safety Standards for Crib Mattresses
On October 26, 2020 the U.S. Consumer Product Safety Commission published a proposed rule to update safety standards for crib mattresses. The Commission is proposing a safety standard for full-size and non-full-size crib mattresses, and…
Advocacy Submits Comment Letter to Army Corps to Extend Public Comment Period for “Proposal to…
On November 6, 2020, the Office of Advocacy (Advocacy) of the U.S. Small Business Administration submitted a comment letter in response to the U.S. Army Corps of Engineers’ (Army Corps) proposed rule titled: “Proposal to Reissue and Modify…
Small Business Facts: Pandemic Pressures City Businesses
The COVID-19 pandemic has disproportionately impacted metropolitan areas, which have seen a higher rate of small business closures than non-metropolitan areas. However, in recent weeks, the New York City metropolitan area has reopened…
Region 6 Small Businesses Press Forward During a Tough 2020
By Rhett Davis, Region 6 Advocate
Courageous small business owners continue to fight hard to save and grow their firms in 2020, despite a pandemic and the related government-ordered shutdowns. These businesses are simultaneously…
Some States May Tax Forgiven PPP Loan Proceeds
By Charles Jeane, Assistant Chief Counsel
‘Tis better to have a loan and be taxed than to never have had the loan at all. Tennyson and taxpayers with forgiven PPP loans who live in states that choose to tax those forgiven loans surely…
October Small Business Advocate
The Office of Advocacy has released the latest edition of its newsletter, “The Small Business Advocate,” Vol. 39, No. 9. If you would like to subscribe to our newsletter, you may do so here.