AGP Executive Report
Last update: 7 hours agoTrade Pressure on Main Street: A new study says tariffs have cost the average Michigan household more than $5,600 since January, with small businesses and families feeling the squeeze as the U.S.-Canada fight escalates. Federal Tax Shift for Contractors: As 1099 work grows, the IRS raised the 1099-NEC/MISC reporting threshold from $600 to $2,000 per payee starting in 2026, changing how many independent workers get paperwork even though they still owe taxes. Disaster Loans for Texas Businesses: Gov. Greg Abbott asked the SBA for a disaster declaration for Bexar County after August storms, which could unlock low-interest disaster loans for damaged homes and businesses. Local Contracting Scrutiny: An Oakland auditor report found problems in how the city manages large capital improvement projects, including weak controls and slow payments that can hurt contractors. Small-Business Growth Programs: ICIC opened applications for its Building for Growth program in Greater Los Angeles to help contractors compete for wildfire recovery and major-event work. Business Finance Watch: Stewards’ stock begins trading on Nasdaq Capital Market under ticker “SWRD” after an OTC-to-Nasdaq uplisting.
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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