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Government shutdown leaves small businesses in the dark

Small businesses in America are beginning to feel the effects of the impasse that has resulted in the closure of parts of the federal government, an advocate for self-employed people said.

“From uncertainty around how the shutdown could impact delays in tax refunds small businesses were looking to invest from this year’s new tax law to the shuttering of the Small Business Administration impacting small business loans, America’s small businesses are on the front-lines feeling the adverse impact,” said Keith Hall, president and CEO of the National Association of the Self-Employed, in a statement.

Hall also noted that the government’s closure has increased uncertainty as many businesses are starting new fiscal years. The business have to pay quarterly tax estimates and obey filing deadlines, but it can be hard to get answers to questions about filing during the shutdown.

Hall called on the White House and Congress to resolve their differences.

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(Brandpoint)

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