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Small business news from around the web: July 20 - 24

Written on Jul 21, 2020

IRS previews changes in partnership forms for next year
The IRS has released proposed drafts of redesigned partnership form schedules for tax year 2021 that aim to provide more clarity for partners on how to figure their U.S. income tax liability in terms of international tax reporting, including claiming the appropriate tax deductions and credits.

Small businesses say time and money are running out fast
Many small businesses have benefited from short-term aid like the federal Paycheck Protection Program loans. Now 84% of small businesses say they will have used up their PPP loans by the first week in August. The question is: Now what?

10 tips for planning the future of your small business
For business owners, keeping one eye on the future can help you better navigate challenges, identify opportunities, and plan for the outcomes you want to see. There are many things to consider when planning the future for your small business. Check out these tips to start planning ahead.

Small businesses are optimistic about the future, even as they continue navigating COVID-19
As small businesses struggle to survive the economic havoc caused by Covid-19, new research shows that small business owners are optimistic about the future. Some 75% of small business owners agree that if a crisis like the coronavirus pandemic were to happen again, they’d be better prepared to handle it. 

Tech Stories - How AV technology is driving solutions during COVID-19
The COVID-19 pandemic has shown the importance of technology in keeping Americans connected. As policymakers consider the best solutions to mitigate the effects of the pandemic, enable swift economic recovery, and build resiliency for future pandemics, one technological solution that should not be overlooked is automated vehicle technology.