Laws and Regulations

IRS Targets Small Business Unfairly, SBA Says
March 25, 2011

As the government tries to close the tax gap, which is the difference between taxes owed and taxes actually paid, small businesses are being disproportionately targeted with audits and increasingly onerous information reporting requirements.

Senator Rand Paul Wants to Recall Consumer Product Safety Commission
March 24, 2011

Sen. Rand Paul (R-KY) thinks Consumers Union would be a fitting replacement for the U.S. Consumer Product Safety Commission (CPSC). Paul has attached an amendment to an unrelated bill that would eliminate all funding for the CPSC and six other independent federal agencies.

Should There be Laws to Protect Small Business?
March 23, 2011

The Small Business Administration is now receiving public comments on its review of agency regulations and whether to expand, remove or streamline existing rules. U.S. Senator Olympia Snowe wants you to chime in.

Changes Coming to Phthalates Market
March 17, 2011

Eastman Chemical Co. will no longer manufacture and supply two of its ortho-phthalate plasticizers after a federal ban on six types of phthalates in toys and child-care products went into effect in February 2009.

SBA Proposes Changing Small-Business Definition
March 17, 2011

A proposed rule published Wednesday for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in professional, scientific and technical services and other services sectors.