AGP Executive Report
Last update: 3 hours agoDisaster Relief for SMBs: The U.S. SBA opened low-interest Economic Injury Disaster Loans for South Carolina small businesses and private nonprofits hit by a Feb. 17 drought, with eligible counties including Dillon, Florence, Georgetown, Horry, Marion and Williamsburg. Deadline Reminder: Michigan tornado victims have until June 29 to apply for SBA disaster loans, covering business physical damage and economic injury in multiple counties (plus eligible Indiana counties). Tax Pressure on Trusts: Australia’s planned tax shake-up would require trustees of discretionary trusts to pay a minimum 30% tax on taxable income, raising about $4.5B over five years, though many trust types are excluded—still a concern for landholding trusts. Payments Law Delayed: Illinois lawmakers pushed back a credit card interchange-fee limits law from July 1 to July 1, 2027, drawing criticism from retail groups and small business owners. Local Business Boost: A new “Brothers That Just Do Gutters” Tacoma franchise opened to serve Pierce County and South King County. Workforce Perk Trend: HVAC employers are leaning on retirement plans to recruit and retain skilled technicians as labor shortages persist.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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