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.
Small Business Financing Transparency Act
SBAC INITIATIVES PAGE Small Business Financing Transparency Act Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-pager View House Bill Language View Senate Bill Language
Employee Ownership Act
SBAC INITIATIVES PAGE Employee Ownership Act Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager Employee Ownership 101 Employee Ownership Types In The News Expand The Big Benefits of Employee Ownership Building Public Support for Employee Ownership: Lessons from Colorado
Child Tax Credit
SBAC INITIATIVES PAGE Child Tax Credit Find and Contact Your Elected Officials HERE! View an op-ed on the Child Tax Credit by Minna Pomeroy, Leverage People, and Leslee Cohen, All Rise Legal Counsel HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager View House Bill Language View Senate Bill Language
