The Washington Post

Get started ‘On’ Feb. 2: Facebook files for $5B IPO, House lawmakers planning tax break for small businesses

Our daily blend of the latest news, trends and tips for the small business community.

What’s going ‘on’:

Mark Zuckerberg’s fortune could soar above $28 billion following the IPO. (Kim White/BLOOMBERG)

GOP lawmakers planning tax cut bill for small businesses: House Republicans are planning legislation granting small businesses (and potentially nearly every company in the country) a 20 percent income tax deduction, according to House Majority Leader Eric Cantor. The tax cut would apply to every business with fewer than 500 employees.

House passes measure to freeze federal salaries:House lawmakers voted Wednesday night to freeze their pay and the salaries of congressional staffers and civilian federal employees, scoring a symbolic victory for congressional Republicans who have targeted government compensation as an example of excessive federal spending.

Keep an eye ‘on’:

Romney reaffirms support for minimum wage hikes:Republican presidential contender Mitt Romney renewed his support Wednesday for automatic increases in the federal minimum wage to keep pace with inflation, a position sharply at odds with traditional GOP business allies, conservatives and the party’s senior lawmakers.

Helpful advice ‘on’:

How to take advantage of SBIR grants (OSB)

How to bring on independent contractors (New York Times)

How to select the right license and permit for your firm (SBA)

How to be a better business communicator (Small Biz Trends)

How to get start-up capital sans home equity (Wall Street Journal)

J.D. Harrison covers startups, small business and entrepreneurship, with a focus on public policy, and he runs the On Small Business blog.


Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Show Comments
Most Read


Success! Check your inbox for details.

See all newsletters

Your Three. Videos curated for you.
Play Videos
From clubfoot to climbing: Double amputee lives life of adventure
Learn to make traditional soup dumplings
Deaf banjo player teaches thousands
Play Videos
Unconventional warfare with a side of ale
The rise and fall of baseball cards
How to keep your child safe in the water
Play Videos
'Did you fall from heaven?': D.C.'s pick-up lines
5 ways to raise girls to be leaders
How much can one woman eat?
Play Videos
How to get organized for back to school
How to buy a car via e-mail
The signature drink of New Orleans