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.
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COACHING FINANCIAL CONCEPTS
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DAILY HERALD BUSINESS LEDGER
The Daily Herald Business Ledger is the business resource for suburban Chicago. We inform and educate through a distinctive mix that includes print, digital, and events. For the Reader, Daily Herald Business Ledger is the primary source of local business news and information in suburban Chicago. For the Advertiser, Daily Herald Business Ledger provides access to the executive readers…
