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.
Larger Tax Credits for Hiring Formerly Incarcerated Individuals
Download PDF here SBAC INSIGHTS PAGE Illinois Policymakers Take Bold Action to Support Businesses and Foster Opportunities for Formerly Incarcerated Individuals Press Release SBAC INSIGHTS PAGE
Support Small Businesses: Eliminate Barriers & Streamline Processes
Fact Sheet in Spanish Fact Sheet in Polish Fact Sheet in Arabic Fact Sheet in Chinese Fact Sheet in Vietnamese Download PDF here SBAC INSIGHTS PAGE Endorsed By: Alderman Anthony Beale Alderman Derrick Curtis Alderwoman Jessie Fuentes Alderwoman Maria Hadden Alderman William Hall Alderman Brian Hopkins Alderman Tim Knudsen Alderman Bennett Lawson Alderman Matt Martin…
Policy Committee Contact Information
Policy Committee Contact Information: Alona Anspach alona.anspach@ihtwm.com Beth Kregor bkregor@ij.org Cathie Van Wert cathie@doubletakedesign.com Chris Lautenslager chris@get-looped.com Chris Allen callen@wshscpa.com Chuck Scharenberg chuck@moreprofitmorefreedom.com Danielle Petty DANIELLE@LTCONSULTLLC.COM Dean Alonis Dean.alonis@gmail.com DeRondal Bevly derondal@rubyrosestrategies.com Diana Cafi dcafi@healthproinnovation.com Gina Lipscomb gina@rjlipscomb.com Heather Jones hjones@vopf.com Ian Tobin ian@lincolnsquare.org Isaac Troncoso isaactroncoso5@gmail.com Ivy Walker ivy@askcoda.com James Smith jim@jdshomes.net Jeff Van…
