News & Media

Supporters of a hotly debated California ballot proposal to change how commercial and industrial property is taxed said the measure would generate the vast majority of revenue from only the wealthiest properties and exempt most small businesses.

As coronavirus cases and hospitalizations continue to spike, California Gov. Gavin Newsom closes indoor activities at restaurants, wineries, movie theaters, museums and card rooms while also ordering breweries and bars to close all operations, indoors and out.

Hotels, country clubs and restaurants are among the thousands of businesses in the Coachella Valley that received at least $385 million in forgivable federal loans awarded to provide financial aid during the coronavirus pandemic.

The National Federation of Independent Business (NFIB) Jobs Report for June showed a worsening economy with small businesses cutting employment by 0.28 workers per firm on average compared to just 0.17 workers per firm last month.

On June 30th 2020 Hoge Fenton and Frank, Rimerman + Co, LLP hosted a webinar moderated by John Kabateck, CEO of Kabateck Strategies and California State Director of the National Federation of Independent Business

The recent flurry of stories about small business woes often miss an important part of the picture: Small businesses’ role in helping fund government’s important responsibilities.

California voters will weigh in this November on whether to expand a landmark data privacy law, alter a decades-old law that limits property taxes on businesses and exempt ride-hail giants Uber and Lyft from a new state labor law.

Florida is shutting down all bars. Texas is doing the same — and imposing a host of new restrictions. Arizona is in a state of crisis as the coronavirus spreads at a new and alarming rate.

But in California, which is shattering single-day records for new Covid-19 cases and watching hospitalizations climb higher by the day, Gov. Gavin Newsom isn’t touching the state’s dimmer switch. At least for now.

The National Federation of Independent Business (NFIB) in May predicted as many as 50 percent of small businesses in California might close by the end of May.

My friends at BizFed, the Los Angeles Business Federation, just released the results of their May survey of business owners. Among other disturbing findings on the impact of COVID-19 on the businesses, almost half of all respondents said their revenues have dropped by more than 50%. And our organization, the NFIB, the leading small business advocacy organization in California, recently reported that as many as 50% of small businesses are destined for failure if things don’t improve soon after Memorial Day.

Michele Daugherty, president and CEO of the Northern California chapter of Associated Builders and Contractors, gets covid19 testing done at a North Highlands site her organization set up to test construction workers.

A new survey by the National Federation of Independent Business (NFIB) shows an improved outlook in several categories, but there are still many challenges to coming back from the sudden economic impact of COVID-19 shutdowns.