US SBA Advocacy Office Announces 2008 Big Ten

The US Small Business Administration's Office of Advocacy has announced their top ten issues to work on for 2008, as part of r3 initiative. The r3 initiative takes nominations from small businesses and puts together a top ten list of issues to act on during the year to help small businesses. r3 stands for Regulatory Review and Reform.

The SBA forwards the list to the agencies in charge of each issue, posts the list on their website, and posts updates to the issues twice a year.

This is not the same as the IRS initiative we mentioned back in August. For more details, check out the accoutingweb article, or go straight to the list on the SBA website.

The one most interesting to OffAssist is the request for a standardized home office deduction. I know that I don't claim the home office deduction because the rules are draconian and the tax complications if we ever sell our house make it more trouble than it is worth. A simpler system would be great!