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.
Breaking Barriers: How Tax Incentives Empower Employers to Hire Reentry Populations and Transform Communities
SBAC INSIGHTS PAGE Breaking Barriers: How Tax Incentives Empower Employers to Hire Reentry Populations and Transform Communities “The passage of the $1,500-$7500 tax incentive for employers to help subsidize hiring people from reentry populations is a great way to help integrate people who are highly motivated populations excited to get their lives back on track…
Saul Ewing: Key Employment Law Changes and Regulatory Developments
SBAC INSIGHTS PAGE We’re excited to share some insightful articles from our valued partner, Saul Ewing LLP, that cover important developments in employment law and regulatory updates. These resources provide valuable information for our SBAC members and are a great way to stay informed about recent legal changes and their potential impact on your business.…
Don’t Miss the Legislative Panel on September 26th
SBAC INSIGHTS PAGE The Small Business Advocacy Council and NAWBO Chicago are hosting a special Legislative Panel Discussion on Thursday, September 26th, at 8:30 AM, at Hera Hub Chicago (405 W Superior Street, Room 200C). Our engaging panel will feature prominent state legislators, including State Representative Robyn Gabel, State Senator John Curran, and State Senator…
