Is the IRS focusing on entrepreneurs thriving within the gig economic system?
This week, a federal choose in California granted an IRS request in search of a John Doe summons to get information of individuals utilizing the JustAnswer platform.
Understanding this information, our knowledgeable 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 below 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 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 keeping with the Division of Justice (DOJ).
SBA Affords Monetary Help to Louisiana Companies Affected by New Yr’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 determination 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 blended 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 lots of of SMEs nationwide, outlines the important thing challenges, priorities, and alternatives companies face within the yr forward.
Survey Highlights Shifts in On-line Purchasing Expectations for 2025
A current survey by SmartBuyGlasses.com sheds gentle on the evolving expectations of U.S. shoppers for his or her on-line procuring experiences in 2025. The research, which polled 400 adults aged 20 to 60, reveals that consumers need sooner supply, eco-friendly practices, and immersive applied sciences to outline the way forward for e-commerce.
Meta Ends Third-Get together Truth-Checking Program, Expands Free Expression Insurance policies
Meta introduced sweeping modifications to its content material moderation insurance policies, together with the tip of its third-party fact-checking program in the US. The corporate will transition to a Neighborhood Notes mannequin, aiming to scale back censorship whereas sustaining transparency.
Examine Highlights America’s Most Well-liked Facet Hustles and Entrepreneurial Hotspots
A brand new research from The Kaplan Group sheds gentle on the rising recognition of facet hustles and the entrepreneurial spirit throughout the US. By analyzing search tendencies and enterprise software information, the research offers insights into probably 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 big transformation in its PC lineup, introducing an AI-powered portfolio designed for private {and professional} productiveness. The revamped portfolio spans glossy 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 players, PC builders, and content material creators. The bulletins embrace the B860 and Z890 collection for Intel Core Extremely processors and the B850, B840, and X870E collection for AMD Ryzen CPUs.
2024 Retail Foot Site visitors Reveals Modest Development Amid Financial Challenges
Retail foot 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 progress, achieved regardless of antagonistic climate and calendar shifts, underscores shopper 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 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 price. 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 Assist Providers and Licensed Refurbished {Hardware} Forward of CES 2025
HP Options introduced a collection of expanded choices designed to boost IT productiveness and sustainability, together with upgraded help companies, 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 players and creators, the V16 affords 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 Staff on JustAnswer Platform
A federal courtroom in California has granted the Inside Income Service (IRS) permission to challenge a John Doe summons to JustAnswer LLC, a digital platform headquartered in Covina, California. The summons seeks info on U.S. taxpayers who earned revenue by offering knowledgeable companies by means of JustAnswer between 2017 and 2020.