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The REST Act Supports Small Businesses! (H.R.3725)

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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Thank you for attending Rebound on the Rooftop!!

By sara@sbacil.org | May 13, 2022

THANK YOU for attending our Rebound on the Rooftop on May 11, 2022!! It was such a beautiful evening, the weather was PERFECT, and we are so glad we got to see so many of you in person again! If you weren’t able to make it, we missed you! And we hope we’ll see you…

Cook County Assessor Candidate Forum

By jake@sbacil.org | May 13, 2022

Join the SBAC and our partners on Thursday, June 9th for our Cook County Assessor Candidate Forum! We will be joined by Assessor Fritz Kaegi, Commissioner Kari Steele and Nico Tsatsoulis and explore their views on stability, fairness, equity and transparency as it pertains to the Cook County property tax system. We will also discuss…

Secretary of State Candidate Forum

By diego@sbacil.org | May 12, 2022

Thank you State Representative Brady, City Clerk Anna Valencia, and Alderman David Moore for joining us last week at our Illinois Secretary of State Candidate’s Forum! The Secretary of State’s office provides important services to small businesses and can help improve the confidence the small business community has in our government. Hear opening statements from…

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