Reasonable Accommodation

The Americans with Disabilities Act (ADA) requires employers with 15 or more employees to provide reasonable accommodation for individuals with disabilities, unless it would cause undue hardship. A reasonable accommodation is any change in the work environment or in the way a job is performed that enables a person with a disability to enjoy equal employment opportunities. To learn more, visit The U.S. Equal Employment Opportunity Commission at www.eeoc.gov.

Dealership Financing

The Small Business Administration’s Dealer Floor Plan (DFP) Financing Program offers government-guaranteed loans to finance inventory for eligible auto, RV, boat, manufactured home, and other dealerships. The DFP program allows dealers to borrow against retail inventory and acts as a revolving line of credit for a dealer to obtain financing for retail goods. The dealer repays the debt as the inventory is sold and can borrow against the line of credit for new inventory. Learn more at www.sba.gov.

Closing a Business

The Internal Revenue Service (IRS) provides information about Federal taxes for business owners who are closing a business. The owner must file appropriate income tax returns for the year it closes, as well as file all employment tax returns and payroll taxes. The Small Business and Self-Employed Tax Center includes instructions, checklists, and tax forms that apply to changing business structure, declaring bankruptcy, selling a business, terminating a retirement plan, and disposing of property. For more information, visit www.irs.gov.