My name is mike, im in Product Development at comcast. Were working to make things simple, easy and awesome. Good morning. Coming up on msnbcs your business. The owner of a toy store becomes a City Councilman. A brooklynbased author fights against amazon by opening a neighborhood bookstore. That plus instore techniques that attract customers during the holiday season. When it comes to growing your companies, we have your backs. Thats all coming up next on your business. Announcer msnbc your
business is sponsored by American Express. Dont do business without it. Hi there everyone. Im jj ramberg. Welcome to your business. The show dedicated to helping your growing companies. Small business saturday is coming up. In los angeles, Celine Ba Shea the owner of a childrens boutique wanted to take an active role in getting her community to support Small Businesses. When a position opened up on the Neighborhood Council, celine jumped at the chance to become a true advocate by running for office.
Hi, there, everyone. Im j. J. Ramberg, and welcome to your business, the show dedicated to helping your growing companies. Small business saturday is coming later this month, and the push to get people to shop local is on. In los angeles, the owner of a childrens boutique decided she wanted to take an active role in getting her community to support Small Businesses, so when a position opened up on the Neighborhood Council, celine jumped for the chance to become a true advocate by running for office. Celine, coowner of the hip childrens boutique la la ling based in los angeles never thought she would run for council. Its made up of 19 board members, and last may there was a seat open for the business representative, and they were really urging people to step up and run for this position. Although shes noenl her 20s and has the daytoday operations of making her thriving business run, she had the opportunity to run for the position and become an advocate for Small Businesses in her commun
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expires the end of 2019. for particularly small businesses, j.j., if you hire somebody that s long-term unemployed. somebody on welfare a veteran, somebody that just got out of prison, right? if you provide that person with a job you can get up to a $9,600 credit on their compensation against your taxes that you owe. it s part of this work opportunity program that s been around a few years, and a lot of business owners are not aware it exists. how do you find these people? first of all, finding, recruiting people long-term a whole other conversation where to go to recruit them. assume you found one. assume you hired a veteran or somebody that just got out of prison or somebody on welfare last year, two years ago. go back a couple years ago and amend your returns and apply for the credit. the issue i have to warn you, it s a complicated calculation. your accountant might not be that crazy about doing it. there is a boutique industry of
so for particularly small businesses, if you hire somebody that s long-term unemployed, somebody that s on welfare, somebody that s a veteran, somebody that just got out of prison, if you provide that person with a job, you can get up to a $9600 credit on their compensation against your taxes you owe. it s part of this work opportunity program. it s been around for a few years. a lot of business owners don t even they re not even aware it exists. and how do you find these people? so first of all, finding and recruiting people that are long-term unemployed, that s a whole other conversation. let s assume you found one. let s assume you hired a veteran or somebody that just got out of prison or somebody on welfare last year or two years ago, you can go back a couple years ago and amend your returns and apply for that credit. the only issue that i just have to warn you is it s a complicated calculation. your accountant might not be that crazy about doing it.