NASE News

On Thursday, March 23, Republican Leadership pulled the American Health Care Act (AHCA) from being considered by the House of Representatives, citing that they did not have the support of the Republican Caucus, specifically, the influential Freedom Caucus who continued to withhold their support even after numerous concessions had been granted.

The Trump administration’s proposal to slash the tax rate on partnerships and limited liability companies could set off a stampede of individual taxpayers trying to reclassify themselves as so-called pass-through businesses in order to take advantage of the savings, according to tax experts.

In response to President Trump’s release today of his tax reform proposal, Keith Hall, President and CEO of the National Association for the Self-Employed (NASE), the nation's leading resource for the self-employed and micro-businesses, released the following statement:

President Trump’s tax proposal for individuals would give California taxpayers some tax breaks but take away others. Without more details, it’s impossible to say what the net effect would be, but here are a few things we can surmise from the bare-bones plan released Wednesday.

Main Street sentiment has soared in the wake of the election of Donald Trump on hopes that the Washington outsider will usher in an era of business-friendly policies to bolster the economy.

According to data collected from CB Insights, 29% of startups fail because of a cash flow crunch. It ranked as number two on the list of reasons why businesses fail, right below “lack of market need for a product or service.”

With just two-weeks until the tax filing deadline of April 18th, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, released a list of changes and adjustments to the tax code along with important tips and resources for filing accurate returns and ways to reduce their tax liability.