Is the IRS concentrating on entrepreneurs thriving within the gig financial system?
This week, a federal decide in California granted an IRS request searching for a John Doe summons to get data of individuals utilizing the JustAnswer platform.
Realizing this information, our professional panel at Small Biz Breakdown had lots to say about it.
Try 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 homeowners probably the most …
Florida Payroll Firm Proprietor Pleads Responsible to Employment Tax Fraud
A Florida man admitted in federal court docket to withholding greater than $20 million in taxes from staff’ 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 keeping with the Division of Justice (DOJ).
SBA Affords 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 Categorical reveals a combined outlook for U.S. small and medium-sized enterprises (SMEs) heading into 2025, with optimism about development tempered by considerations over regulatory shifts and world market volatility. The survey, which gathered responses from a whole bunch 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 current survey by SmartBuyGlasses.com sheds mild on the evolving expectations of U.S. shoppers for his or her on-line procuring experiences in 2025. The examine, which polled 400 adults aged 20 to 60, reveals that buyers need sooner supply, eco-friendly practices, and immersive applied sciences to outline the way forward for e-commerce.
Meta Ends Third-Celebration Reality-Checking Program, Expands Free Expression Insurance policies
Meta introduced sweeping modifications to its content material moderation insurance policies, together with the top of its third-party fact-checking program in the US. The corporate will transition to a Group Notes mannequin, aiming to cut back censorship whereas sustaining transparency.
Research Highlights America’s Most Standard Facet Hustles and Entrepreneurial Hotspots
A brand new examine from The Kaplan Group sheds mild on the rising recognition of aspect hustles and the entrepreneurial spirit throughout the US. By analyzing search tendencies and enterprise software information, the examine supplies insights into probably the most sought-after aspect 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 modern 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 Chopping-Edge Options
ASUS has unveiled a brand new vary of motherboards for Intel and AMD platforms, delivering superior efficiency and progressive options for avid gamers, PC builders, and content material creators. The bulletins embody the B860 and Z890 collection for Intel Core Extremely processors and the B850, B840, and X870E collection for AMD Ryzen CPUs.
2024 Retail Foot Visitors Exhibits 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 keeping with a brand new report by Placer.ai. The modest development, achieved regardless of hostile climate and calendar shifts, underscores client resilience and the prioritization of value-oriented procuring. General retail visits confirmed YoY development 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 probably 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 collection of expanded choices designed to reinforce IT productiveness and sustainability, together with upgraded assist companies, a brand new machine 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 gives cutting-edge options, a high-refresh-rate show, and enhanced sturdiness, positioning itself as an accessible but versatile possibility in ASUS’s lineup.
Court docket Authorizes IRS to Search Identities of Gig Economic system Staff on JustAnswer Platform
A federal court docket in California has granted the Inner Income Service (IRS) permission to problem 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 professional companies by means of JustAnswer between 2017 and 2020.
