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.
DOUBLE GOOD
Located in Chicagoland and popping 15,000 pounds of handmade, ultra-premium popcorn every day, Double Good is a community of like-minded dreamers, doers, believers, and thinkers committed to helping kids do what they love. Double Good is an e-commerce company that produces and sells small-batch popcorn, popped fresh every day in a facility just outside the…
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Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of Mar. 31, 2021, Fifth Third had $207 billion in assets and operated 1,098 full-service banking centers and 2,383 ATMs with Fifth Third branding in Ohio,…
FREEBORN & PETERS, LLP
Founded in 1983, Freeborn is a leading midsize law firm with offices in Chicago, Illinois; New York, New York; Richmond, Virginia; Springfield, Illinois; and Tampa, Florida. Our deep bench of more than 90 experienced trial lawyers handle all areas of complex disputes and litigation, nationally and internationally.
