The REST Act Supports Small Businesses! (H.R.3725)
The SBAC is strongly supporting legislation filed by Representative Newman designed to cut taxes on entrepreneurs and small businesses across the country. The Relief and Equity for Small Businesses through Tax (REST) Act adjusts Section 199A of the Internal Revenue Code to increase the deduction of qualified business income from 20% to 25% for business owners making less than $100,000 in taxable annual income.
Simply put, this means entrepreneurs that generate less than $100,000 in income will pay fewer taxes so they can grow their businesses.
Read Congresswoman's Marie Newman's Press Release HERE.
Chicago Women’s Expo – Mentee Shelley Carrillo!
DONATE After submitting Shelley and her business for the Ultimate Women’s Expo, which has been running strong for now 30 years in Illinois and other cities like Atlanta, Miami, New York to name a few, Shelley has been accepted and now one of the feature vendors! Out of hundreds of vendors, Shelley’s standout and unique…
Town Halls to Support Local and Small Businesses
We’re excited to announce a series of free community town halls focusing on policies that help revitalize neighborhood business districts and support small businesses. These town halls are designed to be informative, and interactive, and to bring communities together. Members and business owners are encouraged to further learn how the SBAC and a coalition of…
Daily Herald Business Ledger Articles with SBAC President Elliot Richardson
Check out all of SBAC President Elliot Richardson’s Daily Herald Business Ledger articles below 2024 2023 2022 2021 2020 2024 January 14, 2024 Robust engagement by the small business community paved the way for big legislative victories last year. 2023 December 10, 2023 Politicians should remember Small Business Saturday October 15, 2023 How small businesses…
