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Gene Marks, President of the Marks Group PC and writer for outlets like The Guardian and The Hill, joins Carol Roth to discuss the state of small business coming out of 2020 into 2021. Gene and Carol break down Trump’s business legacy and what might be in store in the new administration. Plus, some great tax tips and breaks of which you may not be aware.
Plus, a “Now You Know” on how to hack getting on the train at Penn Station.
You can connect with Gene on Twitter @GeneMarks. You can also listen to his weekly podcast Small Biz Ahead here.
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30 M Small Businesses in the country, about 8 million of them employ people This leaves 22 M that are owner operators & owners that subcontract. Subcontractors are a HUGE part of our economy. Carol asks how many of these will go permanently Out Of Business this year due to Covid lockdowns:
Gene’s prediction: 2 to 300,000
Carol’s: 1 to 2 Million
This will be devastating to millions of families.