The NASE is a nonpartisan organization, working with policy makers on both sides of the aisle for the betterment of micro-business. Here are the issues that the NASE works on every day in Washington, D.C.:
Self-Employment Tax Deduction on Health Insurance Premiums
Let sole proprietors take a tax deduction on their self-employment taxes for health premium costs, just like every other business.
The IRS has a right to collect the taxes it is owed. But efforts to increase tax compliance by solely targeting the self-employed are unfair and harmful to our nation’s economy.
Access to Affordable Health Coverage
Health reform proposals such as pooling arrangements, expansion of Health Savings Accounts (HSAs), and expansion of Health IT would both improve our health care system and make health coverage more affordable for micro-business.
Health Care Tax Credits
Tax credits could help those without employer sponsored health insurance to purchase coverage for themselves and their families.
Simplifying the Home Office Deduction
Home-based businesses could save time with a standard tax deduction, instead of the complicated calculations required now.
Clarifying the Independent Contractor Definition
When is a contractor an employee? This answer needs to be clarified in the tax code to ensure that small businesses avoid unintentional mistakes.
Retirement Security for the Self-Employed
Pension plans with the micro-business in mind would help as retirement draws near.
Tax Equality for the Self-Employed
Increasing equipment expensing and business meal deductions would help micro-businesses succeed.