SBAC INSIGHTS PAGE August 6, 2024 We are excited to share some updates about the work we are doing to support the small business community! You can visit our website to learn more about all our advocacy efforts. Enhanced Tax Credit for Hiring Formerly Incarcerated Individuals Last year we championed a law focused on reducing the costs…
SBAC INSIGHTS PAGE An ordinance has been filed which will impose a tax on retailers that use automated self-checkout kiosks. This ordinance taxes retailers $20,000.00 for each automated self-checkout kiosk operated at their establishment. The burden for paying this tax cannot be shifted onto customers. There are record-keeping requirements and other rules set forth by…
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Small Business Economic Impact Analysis Template Rule change: ______________________________________________________________________________________________ ____________________________________________________________________________________________________________ ____________________________________________________________________________________________________________ NAICS 2-digit codes of small businesses being impacted: ___________________________________________________ _____________________________________________________________________________________________________________ Estimated number of small businesses being impacted: _____________________________________________________ List how the rule will impact the following categories for a small business: Hiring and staffing: _____________________________________________________________________________________ …
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…