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.
Economic Incentives for Small Businesses
SBAC INITIATIVES PAGE Economic Incentives for Small Businesses 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 In The News Expand Illinois should focus on helping small businesses, not giveaways to major corporations Making economic incentives available to…
Small Business Property Tax Relief Act
SBAC INITIATIVES PAGE Small Business Property Tax Relief 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 In The News Expand Time for politicians to tackle property taxes
Illinois Businesses Opening Doors for the Formerly Incarcerated Resources
SBAC INITIATIVES PAGE Find and Contact Your Elected Officials HERE! llinois Businesses Opening Doors for the Formerly Incarcerated A Second Chance for All Informational Presentation: Credit for Wages Paid to Returning Citizens Expand Illinois Department of Revenue Informational Presentation: Credit for Wages Paid to Returning Citizens Resources & Fact Sheets Expand Download Quick Fact Sheet…
