July 21, 2016

Taxable Sales Data Series: 1st Quarter 2016
The Missouri Department of Revenue released preliminary taxable sales estimates for 1st Quarter 2016. During the first three months of 2016, approximately $19.6 billion in taxable sales occurred in the state, an increase of $300 million from the same quarter in 2015. When adjusted for inflation and seasonality, sales increased by 0.52% from the same quarter last year. This quarter marks the twelfth quarter that Missouri has seen year-over-year growth for inflation and seasonally adjusted taxable sales.

Small Business FAQs
The Small Business Administration Office of Advocacy has put together some answers to frequently asked questions which is a good source for those seeking information on small businesses and has recently put together a list of frequently asked questions and answers. The Office of Advocacy defines a small business as an independent business having fewer than 500 employees.

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