Skip to content

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.

Insights Archive

SBAC Action Call – Urge Chicago Aldermen to Cut Unnecessary Red Tape

By mrevis@sbacil.org | June 2, 2021

Urge Chicago Aldermen to Cut Unnecessary Red Tape! Chicago politicians must put small businesses and Chicago’s economic recovery over politics. There has never been a more important time for policymakers to work together to cut unnecessary red tape that hurts small businesses and local communities. Small businesses presently need Chicago’s City Council to approve their…

SBAC MemberPlus App

By patti@sbacil.org | May 25, 2021

The SBAC has an APP!! Download the iOS app »   Download the Google Play app »  Thanks for being part of our SBAC Community! Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet Signature Bank Lexitas Empower Korey…

Policies for a Post-Pandemic Economy

By mrevis@sbacil.org | May 20, 2021

Policies for a Post-Pandemic Economy Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet Signature Bank Lexitas Empower Korey Richardson Open One Solutions Freeborn and Peters A Safe Haven Foundation

Scroll To Top