Is the IRS concentrating on entrepreneurs thriving within the gig financial system?
This week, a federal decide in California granted an IRS request in search of a John Doe summons to get data of individuals utilizing the JustAnswer platform.
Figuring out this information, our skilled panel at Small Biz Breakdown had lots to say about it.
Take a look at what they needed to say about this information and a lot extra in our premier version of Small Biz Breakdown for 2025.
Small Enterprise Information Roundup – January 12, 2025
Listed here are the headlines from the previous week that have an effect on small enterprise house owners essentially the most …
Florida Payroll Firm Proprietor Pleads Responsible to Employment Tax Fraud
A Florida man admitted in federal courtroom to withholding greater than $20 million in taxes from workers’ paychecks and failing to remit these funds to the IRS. Matthew Brown, proprietor of Elite Payroll in Martin County, pleaded responsible to employment tax fraud and submitting a false tax return, in line with the Division of Justice (DOJ).
SBA Provides Monetary Help to Louisiana Companies Affected by New 12 months’s French Quarter Terror Assault
The U.S. Small Enterprise Administration (SBA) has introduced federal catastrophe loans for small companies and personal nonprofit organizations (PNPs) in Louisiana following the mass casualty incident that occurred in New Orleans’ French Quarter on January 1. This resolution follows a request from Louisiana Governor Jeff Landry and contains parishes of Jefferson, Orleans, Plaquemines, St.
DHL Survey Highlights Key Challenges and Alternatives in 2025
A brand new survey by DHL Specific reveals a combined outlook for U.S. small and medium-sized enterprises (SMEs) heading into 2025, with optimism about progress tempered by issues over regulatory shifts and international market volatility. The survey, which gathered responses from tons of of SMEs nationwide, outlines the important thing challenges, priorities, and alternatives companies face within the yr forward.
Survey Highlights Shifts in On-line Buying Expectations for 2025
A latest survey by SmartBuyGlasses.com sheds mild on the evolving expectations of U.S. customers for his or her on-line procuring experiences in 2025. The research, which polled 400 adults aged 20 to 60, reveals that customers need quicker supply, eco-friendly practices, and immersive applied sciences to outline the way forward for e-commerce.
Meta Ends Third-Get together Reality-Checking Program, Expands Free Expression Insurance policies
Meta introduced sweeping adjustments to its content material moderation insurance policies, together with the top of its third-party fact-checking program in america. The corporate will transition to a Group Notes mannequin, aiming to scale back censorship whereas sustaining transparency.
Research Highlights America’s Most Fashionable Facet Hustles and Entrepreneurial Hotspots
A brand new research from The Kaplan Group sheds mild on the rising recognition of facet hustles and the entrepreneurial spirit throughout america. By analyzing search traits and enterprise utility information, the research gives insights into essentially the most sought-after facet gigs and the areas driving new enterprise creation.
Dell Unveils New AI PC Portfolio for Enhanced Productiveness Throughout All Environments
Dell Applied sciences has introduced a major transformation in its PC lineup, introducing an AI-powered portfolio designed for private {and professional} productiveness. The revamped portfolio spans smooth laptops, versatile desktops, and highly effective workstations, unified beneath the Dell model and categorized into three tiers: Dell, Dell Professional, and Dell Professional Max.
ASUS Launches New Intel and AMD Motherboards with Reducing-Edge Options
ASUS has unveiled a brand new vary of motherboards for Intel and AMD platforms, delivering superior efficiency and revolutionary options for avid gamers, PC builders, and content material creators. The bulletins embrace the B860 and Z890 sequence for Intel Core Extremely processors and the B850, B840, and X870E sequence for AMD Ryzen CPUs.
2024 Retail Foot Visitors Reveals Modest Progress Amid Financial Challenges
Retail foot site visitors within the U.S. elevated barely in 2024, rising 0.4% year-over-year (YoY), in line with a brand new report by Placer.ai. The modest progress, achieved regardless of adversarial climate and calendar shifts, underscores client resilience and the prioritization of value-oriented procuring. Total retail visits confirmed YoY progress in most months of 2024.
Within the Information: An Improve to ChatGPT Comes at a Price
For small companies that really feel they’ve gotten essentially the most out of ChatGPT and different AI instruments whereas the know-how is in its infancy, there’s information this week that an opportunity to get much more is offered. The one catch is that it’ll come at a value. A brand new subscription tier is offered from OpenAI that provides customers an opportunity to entry ChatGPT’s most superior fashions.
HP Unveils AI-Powered Help Providers and Licensed Refurbished {Hardware} Forward of CES 2025
HP Options introduced a sequence of expanded choices designed to reinforce IT productiveness and sustainability, together with upgraded assist providers, a brand new system registration service, and a broader portfolio of licensed refurbished PCs.
ASUS Introduces the V16 Gaming Laptop computer
ASUS has launched the ASUS V16 (V3607), a 16-inch gaming laptop computer that mixes futuristic design with highly effective efficiency. Focused at avid gamers and creators, the V16 presents cutting-edge options, a high-refresh-rate show, and enhanced sturdiness, positioning itself as an accessible but versatile choice in ASUS’s lineup.
Court docket Authorizes IRS to Search Identities of Gig Financial system Employees on JustAnswer Platform
A federal courtroom in California has granted the Inside Income Service (IRS) permission to situation a John Doe summons to JustAnswer LLC, a digital platform headquartered in Covina, California. The summons seeks info on U.S. taxpayers who earned earnings by offering skilled providers by means of JustAnswer between 2017 and 2020.
