The pandemic devastated small businesses across the country, but as the federal government stepped in to help, some Asian-owned businesses found the best relief came from the community rather than Congress. At the height of COVID-19, the Small Business Administration and the federal government rushed to provide support for small businesses through grants, loans and relief funds.
Governor Doug Ducey signed legislation that further reduces and streamlines taxes while protecting small businesses from the threat of a 77 percent tax increase. “This tax cut will keep Arizona competitive for small businesses already operating here and new businesses flocking here every day,” Governor Ducey said. “After a year as tough as the last,
The Arizona House of Representatives has passed a landmark fiscally conservative, forward-looking budget that invests in K-12 education, public safety, public health, infrastructure and natural resources, while securing the single largest tax cut in state history. The House vote follows the state Senate’s approval of the budget on Wednesday. Governor Ducey will receive the budget bills once
Governor Doug Ducey announced $250,000 contributing to the launch of the Arizona Economic Recovery Center, led by Local First Arizona, to help local businesses and rural communities apply for and win competitive federal economic recovery grants. “As our economy continues to reach new heights, local businesses and organizations across the state should have easy access
A House committee has passed a Republican sponsored bill that would allow Arizona business owners to decide whether to enforce mask mandates for employees and customers, a move supporters say promotes freedom and critics call a threat to health and safety. “It’s a simple bill – it restores the freedom and the liberties back to
The latest data from the Bureau of Labor Statistics provides a glimpse into current economic conditions. Although a modest number of jobs were created overall last month, certain types of businesses continue to be hammered by the pandemic and its ripple effects. For example, the leisure and hospitality industry—largely made up of restaurants and hotels—shed 61,000 jobs