Category Archives: Small Business Taxes

New Survey Shows Conditions Improving Slightly for Small Business, But Hiring Still Lags

his month’s Small Business Sentiment Survey (SBSS), conducted by Angrisani Turnarounds, LLC, with data provided by Toluna, Inc., demonstrated a small—but fragile—improvement in small business owners’ attitude toward the economy.

New Survey Shows Conditions Improving Slightly for Small Business, But Hiring Still Lags

Fifty-nine percent of small business owners surveyed said they had no plans to open their wallets anytime soon for capital expenditures, while last month 62.7 percent said they were holding off on capital purchases. Additionally, 70 percent of those surveyed said they were not planning to hire full-time employees in the foreseeable future, as compared to 80.1 percent last month. Despite slight improvement over last month, the survey’s newest figures still compare poorly with the baseline from the October 2009 survey, when 52 percent of SBSS respondents said they were disinclined to hire new full-time employees.

Has the deficit replaced health care as the new threat to Small Business?

According to Al Angrisani, founder and CEO of Angrisani Turnarounds and former U.S. Assistant Secretary of Labor under President Reagan, one new issue could be adding to the risk aversion business owners have expressed in recent SBSS surveys. A full 72 percent of small business owners surveyed said they were very concerned or extremely concerned about the massive federal budget deficit—which is forecasted to be $1.6 trillion for the current year, and had reached $430.69 billion through January—and the high taxes certain to follow in its wake.

“Small business owners are starting to look down the road at the huge deficit and heavy tax load sure to land on their shoulders,” he says. “So, while business owners have begun to feel slightly more positive about the economy and their businesses, deficit and new tax worries may be making them reluctant to hire full-time employees.”

Angrisani goes on to say that the deficit and accompanying taxes seem to have bumped health care reform from the top of the list of concerns for Small Business. “When we asked business owners to choose the biggest threat to their business, the highest percentage—23.5 percent—chose rising taxes, edging out health insurance costs by two percent. It’s clear this is becoming the big issue of the day.”

About the Small Business Sentiment Survey
Angrisani Turnarounds, LLC, commissioned Toluna, Inc., to conduct an online survey of small business owners. The survey, which used a representative sample of 200 owners of businesses with less than 100 employees from various industries and regions, was designed to assess the mood of small business owners. It also asked them to rate those issues presenting the greatest risk to their businesses and their general feeling about the health of their businesses.

About Angrisani Turnarounds
Building on his decades of experience in the turnaround industry, Al Angrisani has established Angrisani Turnarounds, LLC, as a vehicle for helping troubled companies overcome the challenges that have weighed them down and diminished shareholder value.

With the proven Angrisani Hierarchy of Value Creation Model (AHVCM) at its heart, the company’s mission is to work closely with Boards of Directors to transform troubled and under-performing companies (TUCs) into high-performing, innovative businesses that create new wealth for shareholders.

Please contact al@alangrisani.com for more information.

Via EPR Network
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ezW2 2009 Makes Filing W-2 and 1099 Easy, Fast & Risk Free for Small Businesses

Halfpricesoft.com recently released ezW2 2009, the easy-to-use W2 1099 filing and printing software for small businesses. Best of all, anyone interested in trying ezW2 2009 can do so totally risk free by downloading the full-functional W2 1099 software for free. ezW2 1099 W2 software was specifically engineered with non-accountant business owners in mind. Its intuitive interfaces allow the user to get started on filing and printing Forms W2, W3, 1099 and 1096 without the long learning curve typically associated with financial software.

New to the 1099 W2 software 2009 edition is the ability to print 2 sets of W2 or 1099 data on one red form sheet – the top half of the sheet for one employee and the bottom for another employee. This feature can cut the employer’s cost for red form sheets in half. Of course it also includes the latest versions of Form W2, W3, 1099 and 1096 for compliance with the Internal Revenue Service and Social Security Administration.

Business owners and managers new to ezW2 can try the w2 1099 software risk free, without cost or obligation to ensure they like the software and that it meets their needs. ezW2 software can be downloaded for free at http://www.halfpricesoft.com/w2_software.asp. This is not a demo or trial version with limitations. It is the complete software with all features and no time limit. However, a license key is required to print documents without a “DEMO” or “SAMPLE” watermark across each page The license key can be purchased for just $39.

To make sampling ezW2 2009 even easier, the w2 1099 software download package includes a sample database. Instead of wasting time entering data, small business owners and managers can upload the sample database and begin testing features and functions immediately after installing which saves time and money.

Via EPR Network
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Welcome to EPR Small Business News

EPR Small Business News is a new blog, part of EPR Network, that is going to be focused on and will be covering the small business and stories from press releases published on EPR Network.

EPR Network (EPR stands for express press release) is one of the nation’s largest press release distribution networks on Web. The EPR’s nationwide network includes 12 State based PR sites, one major PR forum and a number of industry specific PR blogs and what started as a hobby on Internet years ago turned out to be a rapidly growing business today. EPR Network is also known as one of the most trusted (human optimized, published, edited and monitored, spam/scam/low quality PR content free) PR sites on the web with more than 10,000 company and individual press releases distributed per month. EPR Network is putting your press releases on top of all major search engines’ results and is reaching thousands of individuals, companies, PR specialists, media professionals, bloggers and journalists every day.

EPR Network has thousands of clients around the world including global 500 corporations like Hilton Hotels, Barclays Bank, AXA Insurance, Tesco UK, eBay/Skype, Emirates, just to name a few. The network’s PR web sites are currently reaching from 150,000 to sometimes 500,000 unique visitors per month while our viral reach could possibly go to as much as 1M people per month through our presence across various social media sites. EPR Network was established in 2004 and as of May 2008 it had more than 800,000 press releases (pages) published on its network.

If you have a press release to be distributed, you can do it over here: press release distribution