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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.

Insights Archive

Univision entrevista a Neli Vasquez-Rowland

By patti@sbacil.org | December 18, 2020

Muchas gracias a univision para su reportaje sobre nuestra campaña conjunta con a Safe Haven Foundation para mantener a las pequenas empresas aflote y para prestar asistencia a las personas mas necesitadas durante este periodo tan dificil.

Daily Herald 2021 Economic Outlook Webinar

By patti@sbacil.org | December 11, 2020

We were grateful for the opportunity to participate in the Daily Herald 2021 Economic Outlook Webinar. Elliot talked about state legislation that can help individuals, families, small businesses and local communities recover from the pandemic. To watch the webinar, visit our “In The News” section or simply CLICK HERE.

SBAC and A Safe Haven on WCPT Chicago

By steve@sbacil.org | December 11, 2020

Elliot Richardson and Neli Vasquez-Rowland on WCPT with Joan Esposito On December 3rd, Elliot Richardson, President and Co-Founder of SBAC and Neli Vasquez-Rowland, Founder and President of A Safe Haven were hosted on WCPT Chicago with Joan Esposito discussing the situation of homelessness and small businesses in Chicago. With the pandemic affecting small businesses on…

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