SEC Delivers Report to Congress with Recommendations from 40th Annual Small Business Forum

Washington D.C., Sept 27, 2021 — Today the Office of the Advocate for Small Business Capital Formation delivered a report to Congress on the Securities and Exchange Commission’s 40th Annual Small Business Forum. The 2021 Forum took place virtually on May 24–27, 2021, with each session featuring panelists with in-depth knowledge of the issues facing small businesses across the country, spotlighting the following topics:

  • Monday, May 24: Finding Your First Dollars: Navigating Your Way to Raise Early Rounds
  • Tuesday, May 25: Doing Your Diligence: How Savvy Early-Stage Investors Build Diversified Portfolios
  • Wednesday, May 26:  Diversifying Capital Allocators: Tools for Emerging and Smaller Funds and Their Managers
  • Thursday, May 27:  Small Cap Insights: Perspectives on Smaller Public Companies

The report provides a summary of the Forum proceedings, including the recommendations developed by participants for changes needed to the capital raising framework and the Commission’s responses to the recommendations. Continue reading

6 Things Every American Needs And Deserves!

While, we have always, witnessed, partisan – politics, in some forms, in this nation, it seems, in recent memory, never, to the degree, we see it, today! When, this behavior, transforms itself, into, being, obstructionists, and, little, of consequence, seems to get achieved, and/ or, even, addressed, doesn’t that seem, to be, concerning, the quality future, the generations – to – follow, need and deserve? When nearly, every American, needs and deserves, certain things, and, politics, interferes, we must address this, sooner, rather than later! With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 6 specific things/ areas, which must be addressed, in a well – considered, timely manner.

1. Access to affordable medicine: Although,we like to pride – ourselves, on our health – care, system, the data, says something, different! In, nearly, every area/ analysis, we are, at – best, middle – of – the – road, in how we treat, the health of our people! Why are we, the only, major nation, where access to quality care, depends on one’s personal finances, etc? Why is the cost of prescription drugs, so much higher, than the rest – of – the – world? Why is medical/ health insurance, so costly, and limiting? Shouldn’t quality health care be a right, rather than, simply, a privilege, to the few? Continue reading

IRS announces Key Executive changes to implement the Taxpayer First Act

WASHINGTON – The Internal Revenue Service today announced several key leadership appointments as work continues implementing major provisions of the Taxpayer First Act.

Douglas O’Donnell will serve as the new IRS Deputy Commissioner, Services and Enforcement. Among other leadership changes, Sunita Lough will be returning to serve as the IRS Commissioner of the Tax Exempt and Government Entities Division (TEGE).

These leadership changes are part of a larger effort underway at the IRS to continue work on the Taxpayer First Act, which includes work to reimagine the agency’s tax administration and work to improve taxpayer service and enforcement.

“I am proud of the dedicated and nimble leadership of the IRS, along with all the employees,” said IRS Commissioner Chuck Rettig. “As we emerge from the pandemic, our strong leadership team is making some changes to take on the important challenges ahead. Taxpayers need to see the IRS renewing the fight each day for the highest possible service and tax compliance.”

Sunita Lough has served as the IRS Deputy Commissioner, Services and Enforcement, since September 2019. She is returning to her prior position as Commissioner of TEGE, a role she previously held from 2014 to 2019. Continue reading

Americaweb.org