According to WalletHub, overall 87% of small business owners say they are hurting from the coronavirus and 35% don’t think they can last more than 3 months. But small businesses in some states have been hit harder than others. Hardest hit are businesses in Hawaii. Interestingly, while New York has the most cases of the virus, small businesses haven’t fared too poorly, with the state ranking 30th overall.
New blog post today! How to Compassionately and Legally Break Promises to Your Staff
Alert: Follow coronavirus-related federal tax changes through the IRS’ Coronavirus Tax Relief center.