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Small Business Tax Incentives in the Fiscal Cliff Deal

by Karen Mills, SBA Administrator

America’s 28 million small businesses are the backbone of our economy. This past week, the Taxpayer Relief Act of 2012 delivered them some really good news.

The solution reached by the President and Congress included extensions of several small businesses tax incentives designed to spur innovation, support capital investment, and make it easier to hire new workers.   In fact, the legislation extended some of the most important tax credits that the President signed into law during his first term.  In addition, under this law, more than 98 percent of Americans and 97 percent of small businesses will not see their income taxes go up, avoiding a negative impact on small business revenues.

SBA Launches 2013 Emerging Leaders Initiative

 Entrepreneur Training Initiative Sparks Small Business Growth, Job Creation


 WASHINGTON – The U.S. Small Business Administration launched its 2013 Emerging Leaders executive-level training initiative, formerly known as e200, in 27 cities and communities across the country.  Since 2008 the initiative has trained more than 1,300 promising small business owners in underserved communities, and continues to expand its impact helping small businesses grow and create jobs.  The city of Los Angeles is joining the initiative for the first time and Oklahoma City, Portland and Seattle are returning.