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SBA Launches Small Business Digital Alliance to Help Companies Start and Grow E-Commerce

  • U.S. Small Business Administration and Business Foward Inc. partner to establish the Small Business Digital Alliance
  • Effort aims to help businesses begin offering e-commerce sales or expand their digital commerce
  • Both virtual and in-person events will be available to help businesses access digital tools, raise capital, and more
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Tax Filing Season Begins as IRS Starts Accepting 2021 Returns

  • The Internal Revenue Service will begin accepting and processing 2021 tax returns today, two weeks sooner than usual
  • Small business group encourages early filing to avoid delays as the agency continues to process a backlog of 2020 returns
  • IRS encourages businesses to file electronically and ensure that all information is accurate to get a prompt refund
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Business News Roundup, Jan. 24, 2022

An effort to rebuild the Build Back Better Act, a federal court ruling against a COVID-19 vaccine mandate, economists' input on the causes of persistent inflation, and Governor Ned Lamont's top legislative priorities for this year's Connecticut legislative session are…

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Connecticut Tax Amnesty Program Deadline Arrives at End of January

  • Businesses and individuals in Connecticut have until Jan. 31 to take advantage of a tax amnesty program
  • Program allows repayment of missed taxes at a 75 percent reduced interest rate and waives penalties
  • Amnesty is available for numerous circumstances, including missed filings and failing to report all tax that was due
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Mentors, Entrepreneurs Sought for CTNext Mentor Program

  • CTNext puts out call for participants in its mentoring program
  • Participants should have a product or service in the market with some traction with customers
  • Mentors should be experienced and have specific leadership, functional, or industry expertise
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About 4 in 10 Retreat From Store and Restaurant Visits During Omicron Surge

  • Gallup poll shows pessimism about the COVID-19 pandemic increasing in correlation with recent Delta and Omicron waves
  • Half of all respondents say they’re concerned about contracting the virus
  • 41 percent say they are avoiding stores and restaurants, with only a small share saying they have used indoor dining within the past 24 hours
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Harvard Business Professors Anticipate Significant Workforce Changes in 2022

  • Harvard Business School faculty offer predictions for business trends in 2022
  • Professors anticipate significant changes in human resources practice, greater pressure for employees to be involved in decision-making processes
  • Predictions also anticipate accelerating innovations in the health care field and greater calls for sustainability initiatives
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Momentum Growing in Support of a 32-Hour Work Week

  • Pilot programs are looking to the impact of a shorter work week, and one congressman has introduced a bill to make a 32-hour work week the national standard
  • Arrangement can shorten the work week by one day or allow employees to work reduced hours each day
  • In assessing whether this approach is right for you, consider factors such as employee feedback and whether your business is subject to fluctuations in demand
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Lack of Employer Support on Menopause Driving Many Women to Consider Quitting

  • Survey of women in the United Kingdom between the ages of 45 and 67 finds few saying their employer has provided adequate support on menopause issues
  • The physical and emotional effects of menopause can prove disruptive, and may cause older women in the workforce to decide to leave their job
  • The research suggests a need to confront stigmas about menopause and encourage more openness
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