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How to Buy Business Excess Inventory and Government Surplus Cheap

How to Buy Business Excess Inventory and Government Surplus Cheap

Small business owners by the millions, worldwide, are saving money and building entire businesses by purchasing excess commercial inventory and government surplus super cheap online.  You can buy in bulk by the truckload, pallet or small package.  The condition of the goods or other assets ranges widely from new in a box, to customer returns, […]

What 1099 Reporting Rule Repeal Means to Small Business

What 1099 Reporting Rule Repeal Means to Small Business

Okay, small business owners just dodged a bullet. Chalk one up for common sense. The insane expansion of 1099 reporting hidden in 2010’s massive health care reform bill is now toast. President Obama put a stake in its heart on April 14. Expansion of mandatory IRS 1099 form filing would have required every small business […]

New SBA Study says IRS Small Biz Audit Crackdown is Bogus

New SBA Study says IRS Small Biz Audit Crackdown is Bogus

Ten years ago, a landmark IRS report claimed that small business owners under-report income by $80-100 billion yearly and account for over half of the U.S. “tax gap” of owed by uncollected taxes.   As a result, small business owners have been subjected to increased audits and reporting requirements, including the controversial new 1099 rule. But now […]

SBA 8a Business Development Program Overhaul FAQ

A BizBest® Special Report:  On Feb 11, 2011, the SBA made sweeping changes to the 8(a) Business Development “federal contracting” program – its biggest overhaul since 1998, effective March 14, 2011.  The purpose of the 8(a) program is to help eligible small “disadvantaged” businesses compete for billions of dollars worth of federal contracts each year. […]