Expert Advice & The Latest Small Business News | NASE

NASE News

NASE Opposes ARP Changes to 1099K Reporting

On Friday, February 26, the NASE joined 50+ organizations in opposing changes to 1099K reporting included in the American Rescue Plan (ARP).
Posted on Mar 01, 2021

NASE Opposes 1099K Inclusion in American Rescue Plan

NASE joined a robust coalition of organizations in opposing the Administration's proposal to amend section 6050W of the IRS Code that would "require reporting for any transaction above $600 in gross sales through a 1099-K form. Current statute requires small business owners to file a 1099-K only when there’s a transaction greater than $20,000 and a minimum of 200 transactions completed over the course of one year."
Posted on Feb 26, 2021

10 Reasons to Love Being Self-Employed

For some people, punching the time clock of a traditional 9 to 5 job is a perfectly acceptable way of life. For others, their dreams lie in the allure of being one’s own boss. This dream includes setting your own schedule and following your own rules. Though this may sound like a very isolated way to do business, that assumption could not be further from the self-employed reality. The NASE experts help everyday people realize their dreams of owning a business or branching out to be self-employed and work for themselves. While there are many reasons to love being self-employed, the top ten reasons are outlined here:
Posted on Feb 26, 2021

American Rescue Plan

Biden Administration Advances Ambitious $1.9 Trillion Covid Relief Package ​The Biden Administration has announced an expansive relief package covering every aspect of the American economy in an effort to continue to fight the Covid pandemic. The package includes a continued emphasis on small business relief. Small Business Highlights include:
Posted on Feb 26, 2021

NASE Opposes ARP Changes to 1099K Reporting

On Friday, February 26, the NASE joined 50+ organizations in opposing changes to 1099K reporting included in the American Rescue Plan (ARP).
Posted on Feb 26, 2021

NASE Applauds New Eligibility Rules and Reforms for Payroll Protection Program, including Increasing the Share of Funds for the Small Business Community

The Biden Administration today has released new eligibility rules and reforms to the Payroll Protection Program (PPP) that will impact the small business community. Keith Hall, president and CEO of the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, today applauded the decision saying:
Posted on Feb 22, 2021

Small Businesses: Be Aware of Important Updates and Tips for this Year’s COVID-19 Pandemic Tax Returns

As the American small business community prepares to file their 2021 tax returns amid the devastating coronavirus pandemic, Keith Hall, the president and CEO of the National Association for the Self-Employed (NASE), the nation's leading advocate and resource for the self-employed and micro-businesses, today released a list of updates and tips for filing returns this year reminding small employers that “PPP loans up to $150,000 will be forgiven and will not be counted as taxable income.”
Posted on Feb 18, 2021

$12K in Small Business Growth Grants Awarded by the National Association for the Self-Employed

Posted on Feb 15, 2021

NASE Calls for Changes to PPP Loan Application for Self-Employed

In a letter to the Biden Administration and Congressional Leaders, the NASE along side 100s of organizations called for an immediate change to the PPP loan application formula for calculating eligibility.
Posted on Feb 12, 2021

Bi-Partisan Group of Business Organizations Support Confirmation of Cecilia Rouse

NASE, in partnership with its fellow, bi-partisan small business organizations, called for a confirmation hearing of Cecilia Rouse to lead the Council of Economic Advisers (CEA).
Posted on Jan 27, 2021

Courtesy of NASE.org
https://www.nase.org/about-us/Nase_News/page/23