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.
Coalition Engagement Sparks New Chicago Zoning Guide
Navigating the zoning rules in Chicago just became easier. The newly released Chicago Department of Business Affairs and Consumer Protection (BACP) Chicago Business Zoning Guide will help small businesses and property owners more easily navigate the zoning process in Chicago. This was crucial as chambers of commerce and small business advocates advised that clear,…
NRC New Look, New Logo, Same Mission
New Look, New Logo, Same Mission In our 2nd year of actively and ardently working to revitalize neighborhoods throughout Chicago, we thought we’d bring a fresh new look to the incredible work that the SBAC and a robust group of chamber partners have spearheaded. We continue to advocate for policy reform to reduce vacancies, cut…
Forum on Small Businesses and Child Care
The cost of affordable and quality childcare has kept people from re-entering the workforce. This has significantly impacted many small businesses that continue struggling to find employees to support their operations. Join us for a virtual forum with Chairwomen Carol Ammons and Representative Edgar Gonzalez to discuss how to help get people struggling with childcare…
