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.
Childcare Tax Credit
One issue that has lead many to put off re-entering the workforce from the pandemic fallout is the cost and difficulty in terms of finding affordable and quality childcare. The SBAC has determined it is such a significant issue that it has been added to our agenda for the 2022 Spring Session. The childcare tax…
CDC Shortens Quarantine Period and OSHA Updates Guidance on the ETS
The last two weeks have provided a rollercoaster ride for employers as they grapple with the resurrection of the Occupational Safety and Health Administration’s (OSHA’s) Emergency Temporary Standard (“ETS”) by the Sixth Circuit Court of Appeals, updated guidance from OSHA on the testing protocols under the ETS and new CDC guidance shortening quarantine periods. Employers…
2021 SBAC Small Business Pitch Throwdown Photos
Thank you to everyone who participated in the 2021 SBAC Small Business Pitch Throwdown on December 2nd at Workbox! We had a blast watching the finalists pitch their business with a hearty CONGRATULATIONS to this year’s winner, Mycocycle!! Special thank you to Kristi Ross for being such an inspiration and giving some incredible business advice…