MAKE 50,000 MORE SMALL BUSINESSES ELIGIBLE FOR FEDERAL CONTRACTS

The U.S. Small Business Administration (SBA) is seeking public comments on two proposed rule changes. These changes will help Agen ceme businesses to be eligible for federal government contracts.

The SBA is seeking a revision of small business size standards for two sets of business categories. One includes eight sectors that include agriculture, forestry, fishing and hunting; mining, quarrying, and oil and gas extraction; utilities; construction under the RIN 3245-AG89. While the other, RIN 3245-AG90, covers businesses in transportation and warehousing; information; finance and insurance; real estate and rental and leasing.

In the rules, the SBA is looking for a review of size standards for 113 industries. What this means is, the pool of small businesses eligible for federal contracts will expand to over 50,000. Additionally a further 280 additional financial institutions will also qualify as small businesses. As a result this will make them eligible to bid in the 23% of contracts federal agencies have set aside for small businesses.

SBA Wants to Allow 50,000 More Small Businesses to Bid for Federal Contracts
If approved the measure will help small businesses impacted by COVID-19 get an additional lifeline towards the road of recovery.

This is also part of a comprehensive review of the small business size standards, as required under the Small Business Jobs Act of 2010. Besides evaluating business size standards, SBA will also consider the structural characteristics of individual industries, including average firm size, the degree of competition, and federal government contracting trends.

Last year federal government agencies provided a whopping $ 132.9 billion in contracts to small businesses by awarding 26.5% of federal contracts to small businesses. Of which, $26 billion in bids were awarded to women-owned small businesses. While a further 33.27% of federal subcontracts bids had been given to small businesses. This is up from the $120 billion of the previous year.

Know More About Super Saturday and Boxing Day

“Super Saturday” is a name retailers use for the last full Saturday of shopping before Christmas bandar poker resmi. This year, it falls on Dec. 19. Every year, lots of last-minute shoppers are expected to hit big chain stores and small businesses alike in search of deals. Many retailers plan to offer promotional items, one-day sales, competitive pricing and extended hours to attract customers looking to check off those last few names from their gift lists.

Of course, this must all be done with COVID-friendly restrictions in mind this year. That means allowing only a certain number of shoppers inside your business at a time, thoroughly cleaning your store, requiring face coverings, setting up sanitizing stations and more.

In many parts of the world, the day after Christmas, known as Boxing Day, is a national holiday and the biggest sale day of the year. Shopping centers, big-box stores and independent retailers slash their prices to clear out inventory. While it may never be as popular as Black Friday in the States, many U.S. retailers, especially those looking to purge seasonal merchandise, drastically cut their prices on Dec. 26.

If you haven’t planned your holiday sales yet, there is still time to take advantage of some of these big days. Give your small business a boost this season by running specials, offering discounts and hosting events – while maintaining pandemic-friendly safety measures, of course.

What Qualities does a Good Mentor Have?

It is important to choose wisely when selecting a mentor. This is someone you should look up to and aspire to be like Situs Nonton Movie Sub Indo. With that said, there are several qualities that all good mentors share. At the most basic level, your mentor should have more experience than you and a track record of success.

“A great mentor is someone whose qualities make up a much better version of who you envision yourself to become,” said Argyropoulos. “On the other hand, some great mentors may help you to learn who not to be like – for example, a very successful businessman who is struggling in his personal life. Great mentors have a complementary skill set and bring different qualities to the table. Different perspectives are valuable in the mentor-mentee relationship.”

Authenticity, empathy, creativity and honesty. Doug White, a career expert and editor of career and management insights website TCG Blog, recommended seeking a mentor who has a strong character and traits worth emulating.

Tax Saving Tips For A Business Owner

In today’s scenario where doing situs slot online business has become more stringent due to the mandatory requirement of complying with multiple & complex laws, taxation law is something you should outsource to an expert. Taxation laws not only in our country, but all over the world are complex and not everyone’s cup of tea. As a business owner, you have income from almost every head except from the head ‘Income from Salaries’. If you are not aware of tax saving options, you might end up paying significant amount of taxes to the government every year.

In this article, I will discuss 20 tax saving tips that every business owner and startups should follow to avoid unnecessary taxes. I will also share best practices to maximize your investments, as profits are temporary and wealth is permanent.

Income From House Property

1) Claim benefits of interest on housing loan

Some people avoid availing bank finance for building houses, but the fact is that availing home loans can be beneficial in many ways. From the tax POV, you can claim an interest as a deduction from house property and claim principal as a deduction under section 80C along with other deductions which are limited to a maximum of Rs 1,50,000/-. Gross value for tax purposes is taken as NIL and claiming deduction results in loss under the head ‘Income from house property’ and can be set off against incomes of other heads resulting in lesser overall taxable income.

2) Pay municipal taxes by cheque

Municipal taxes paid during the year can be claimed as a deduction from income from house property. People often pay municipal taxes in cash and do not keep a copy of receipts of the same. However, making payment of municipal taxes allows you to claim its deduction and can be claimed even if you have lost the receipt as the same will be reflected on your bank statement.

Income From Business Or Profession

3) Proper recording of cash expenses

Many businesses in the country are labor intensive and wages of unorganized labor are generally paid in cash. Factory floor & other indirect wages account for at least 40% of your manufacturing expenses and improper recording of such payments result in higher profits as a consequence of under-recording of expenses, thus resulting in the higher amount of taxes. For example, in a factory around 50k a month paid as loading and unloading charges remain unrecorded due to non-maintenance of the proper register. This results in under recording of expenses by 600k, leading to extra payment of taxes by 180k (assuming a tax rate of flat 30%). Proper cash receipts with signature/thumb impressions of laborers should be maintained with wages register so that proper deduction of the same can be claimed.

4) Stock Valuation

Stock is normally valued at cost, but stock which has short shelf life should be valued on the principle of Cost or NRV whichever is lower. Net Realizable Value provides the actual realizable value of stock and hence, prevents the stock from getting overvalued, which ultimately reduces taxes. However, the practice of such valuation should be consistent throughout the years to avoid the unwanted attention of the income tax officials.

Disney announces new Star Wars, Marvel series, Hayden Christensen to return as Darth Vader in Obi-Wan Kenobi series

Disney has unveiled a myriad of new streaming offerings, including plans for 10 Star Wars series spinoffs and 10 Marvel series that will judi online debut on Disney+.

But even as Disney emphasised its expanding streaming portfolio, the company said theatrical release remained an important component of its big-budget spectacles.

The company is raising the cost of Disney+ subscriptions by $US1 ($1.32) per month in America and 2 euros ($3.22) across continental Europe.

It’s unclear yet if that will mean a price increase for Australian consumers.

In a virtual presentation for investors, Disney chief executive Bob Chapek laid out super-sized ambitions for it direct-to-consumer efforts, leaning heavily on some of the company’s biggest brands.

Over the next few years, Disney is planning to premiere directly on Disney+ not just an armada of Star Wars and Marvel series but 15 live-action, Pixar and other animated series, and 15 live-action, Pixar and other animated movies.

Mr Chapek said Disney+ subscribers worldwide had reached 86.8 million, up from 74 million last month. The service has easily exceeded most forecasts, reaching its user numbers in just 13 months since launch.

Expert Advice on Setting Up a Forex Trading Business

We spoke to Casey Stubbs, the founder of Winners Edge Trading, to learn about foreign exchange agen bola sbobet trading.
While foreign exchange (forex) trading is known to be a lucrative business, it requires training, practice and patience.
The forex trading market has more liquidity than other markets. One can make a sale at any time to get their cash back.
You must be well aware of what is happening in the market before investing. Market setup has a direct impact on prices in forex trading.
Foreign exchange trader Casey Stubbs came to his profession via the U.S. Army. While this route might be unorthodox for an investment expert, the founder of Winners Edge Trading credits his time in the service for giving him the discipline and self-control necessary for success in trading. Through years of studying, practicing, making mistakes and persevering through difficult times, he has honed his forex trading skills and is eager to share what he’s learned with others who want to jump into the market.

We caught up with Stubbs to learn more about getting started in forex trading.

Q: What is forex trading?
A: In short, foreign exchange trading is buying and selling different currencies. It is the idea of investing in certain countries’ currencies that you expect to gain in value by selling your own currency. In other words, you may sell some U.S. dollars for some euros if you believe that the euro is going to gain in value. This is done through an online broker.

Q: What are the advantages of getting involved in the forex trading market?
A: There are tons of advantages to forex trading. To name a few …

It has more liquidity than any other market.
It can be traded 24 hours a day.
It allows you to use an exceptional amount of leverage in your trading.
There are only a few currency pairs that you need to follow (rather than thousands of stocks).
The forex market has a lot of volatility (moves a lot), so there is a lot of profit potential in it every day.
You can trade forex with a relatively small account.
There are no commissions in trading forex.

Brighter Days Are Ahead for the Middle Market

The COVID-19 pandemic has impacted Sbobet businesses around the world, but American businesses have faced some unique challenges. The virus continues to surge in the U.S., and there’s a long way to go before things can truly return to a state of normalcy for businesses and their customers.

It’s not all doom and gloom, though: Despite the economic strain and public health concerns, middle market business owners and executives are cautiously optimistic compared to their outlook at the beginning of the pandemic. Federal financial relief, plus some smart budgeting and operational adjustments, have helped these companies hold their own in the face of statewide shutdowns and stay-at-home orders, and they’re poised to regain their footing as more restrictions are lifted across the country.

KeyBank – a full-service commercial, corporate and investment bank with nationwide branches – recently surveyed 400 U.S. middle market leaders ($10 million to $2 billion companies) for its Q3 2020 Middle Market Business Sentiment Report. Here’s what the survey revealed about the current impact of COVID-19 on the middle market and what executives believe lies ahead for their businesses.

How has the U.S. middle market been impacted by COVID-19?

Between mid-March and early April 2020, nearly every state and region of the country had enacted some sort of stay-at-home order to prevent the community spread of COVID-19. During this time, many businesses, including 76% of middle market companies, were forced to either alter their operations or shut down completely while their home states were locked down.

Some states began reopening within a matter of weeks; others waited several months to begin lifting their quarantine restrictions. Because businesses are at the mercy of their state or region’s policies, many of them have had to keep up with changing regulations designed to keep their staff and the larger communities safe.

Among KeyBank’s survey respondents who reported taking action to mitigate the impact of COVID-19, these were some of the most common responses to the pandemic.

Ithaca Announces Sweeping Faculty Cuts

Ithaca College will cut its full-time staff tally by 130, from 547 aggregate, by 2022. The school concedes the number is enormous however says its arrangements Contoh Soal Database are an increasing speed of a five-year key vision that would have in any case been executed by 2024.

“There is no satisfaction in this,” said La Jerne T. Cornish, executive. “It is difficult and it is essential. In the event that Ithaca will flourish and keep on serving ages of understudies, we must address our issues at the present time, immediately.”

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Ithaca’s enlistment numbers are down this semester because of COVID-19, by around 15 percent year over year, as the school expected they would be. However while the pandemic is a “quickening agent” of Ithaca’s issues, it isn’t the underlying driver, Cornish said. Rather – in a story that will be recognizable to numerous organizations – Ithaca’s enlistment declined by in excess of 700 understudies more than 10 years, pre-pandemic, while full-time personnel positions expanded by more than 50.

Ithaca has discovered that 5,000 understudies – down from a pinnacle of around 6,000 – is a practical size, refering to changes in socioeconomics and a by and large testing enlistment climate. It needs to bring its understudy personnel proportion to 12 to one, from around 10 to one right now. Ithaca’s five-year vital arrangement, called Ithaca Forever, portrays a “visionary, deft and reasonable” future for the far reaching, aesthetic sciences affected school and its expert schools.

Cornish, who recently managed scholastic cuts at Goucher College as partner executive there, said it would have profited Ithaca to be focusing on the numbers from the beginning, rightsizing its workforce by less radical measures.

“We have to participate in a cycle of scholarly prioritization constantly, it’s rarely one-and-done,” she said. “In an ideal world, somebody at Ithaca College would have seen the reduction in understudies and increment in workforce and modifications might have been made when it began to occur.”

On the off chance that there’s any exercise for academe in what’s going on at Ithaca, Cornish stated, it’s that “regularly we stand by until it’s past the point of no return do things would ought to do from the start.”

How to Introduce Your Kid to the Wild World of Social Media

One of the trickiest parts of parenting is teaching our kids how to safely do things that have a great potential for harming them. It starts with teaching them to use scissors safely when they’re preschoolers, then sharp knives to cut their own food and, before we know it, how to drive a car. We don’t like it but we do it because we know the alternative—that they do these things without ever learning how to do them safely under our guidance—is much worse.

Whether we like it or not, our kids will grow up and use the internet with all of its potential cyberbullying, fake news and disturbing content. We could ban them from all of it while they’re still children, tweens and teenagers; or we can teach them how to use social media—and, more broadly, the internet—safely.

Remember when we thought “Stranger Danger” made sense?
We used to teach kids not to talk to strangers. A stranger could hurt you! A stranger could kidnap you! Strangers are dangerous. But then we realized that we talk to strangers all day—the host at the restaurant, the clerk at the post office, the woman in front of us in the grocery store check-out line. We were a walking contradiction.

Only a very small percentage of strangers are dangerous, and those people exhibit behaviors that can tip us off to this fact. And actually, a child is much more likely to be hurt by someone they know rather than someone they don’t. That’s why we started teaching our kids about “tricky people” instead.

We can think about online strangers the same way. Caroline Knorr, parenting editor at Common Sense Media, writes for the Washington Post that it’s better to teach our kids to recognize predatory behavior than it is to teach them not to talk to strangers online at all:

In today’s world, where kids as young as 8 are interacting with people online, they need to know the boundary between appropriate and inappropriate conversation. Kids are often pressured by their own friends to talk about sex, so they need to know it’s okay to tell peers to back off. Go beyond “stranger danger” and teach them what kinds of questions are not okay (for example, not okay: “Are you a boy or a girl?”; “Where do you live?”; “What are you wearing?”; “Do you want to have a private conversation?”).

How Parents Can Get Involved on ‘Safer Internet Day

You know what would be great? If every day were “Safer Internet Day.” There is a lot for parents to be terrified of when it comes to the internet: online predators, cyberbullying, the prevalence of incredibly graphic and violent pornography, and so on. But complete avoidance isn’t an option if we want to teach our kids how to navigate the internet safely and wisely. So we created a holiday to help us along, and that holiday is today.

Safer Internet Day started in 2004 in Europe as an internet safety awareness campaign and is now celebrated in more than 100 countries, according to its website. It is hosted in the United States by ConnectSafely, a non-profit organization that is “dedicated to educating users of connected technology about safety, privacy and security.” Here’s a little more about the holiday:

Safer Internet Day aims to create both a safer and a better internet, where everyone is empowered to use technology responsibly, respectfully, critically and creatively. The campaign aims to reach out to children and young people, parents and carers, teachers, educators and social workers, as well as industry, decision makers and politicians, to encourage everyone to play their part in creating a better internet.

Participate in person
PTAs and YMCAs across the country have committed to hosting events today or in the coming weeks and months in support of Safer Internet Day. Google’s Be Internet Awesome program is partnering with key organizations, including the National PTA, ConnectSafely, Scholastic and YMCA, to offer workshops and trainings for families.

You can search available workshops with the YMCA and view the full list of participating PTAs.