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NASE News

NASE Applauds U.S. House Passage of Bill Allowing Small Businesses to Provide HRA’s Without Penalty

The United States House of Representatives passed bipartisan legislation today by a vote of 392 to 26 allowing small businesses with less than 50 employees to offer Health Reimbursement Accounts (HRAs) without penalty. The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, applauded today’s bipartisan vote calling it, “a step in the right direction towards ensuring our nation’s healthcare system works for all Americans.”
Posted on Nov 30, 2016

Accomplishing The Impossible

“Nobody works harder than a small business owner. We work while sick, injured and overwhelmed by life.” My dad told me that when I was in high school and way too young to fully appreciate the depth of truth contained in that sentiment. Small business owners face struggles the 9-to-5er never dreams of, but you also reap rewards most jobs just can’t offer. It seems that holiday plans are the great annual equalizer when comparing your career advantages with your friends in the corporate world. With the Holiday Season in full swing, the savvy business owner wonders how to balance the clients’ and customers’ needs with personal time and family obligations. Below are a few thoughts and ideas that will help you achieve actual peace of mind during your time away by making a plan to manage the work pipeline, customer needs and employee actions during this already-hectic time of year.
Posted on Nov 29, 2016

Commonly Missed Deductions

Q: What Deductions are most commonly missed? A: As you probably know, most business deductions come right out of your business checkbook. Any expense that is incurred in the course of your business activity that is ordinary and necessary will be deductible in some form. Therefore, the first step is to make sure you have captured all the data from your business checkbook and any other expenses that were incurred even if you paid some of those from another account. Try to avoid paying business expenses with cash simply to make sure documentation is adequate. However, if valid business expenses were indeed paid with cash, the amounts are still deductible; just make sure you maintain adequate support for the expenditures.
Posted on Nov 29, 2016

Riding Self-Employment

Chris Lashua is the Founder and Director of Wheelwork Arts, LLC, a performance company based in Las Vegas, Nevada doing business as Cirque Mechanics. The company was founded in 2004 as a way to provide a unique brand of entertainment that encompassed theater, the circus, history and all things mechanical. Chris received a Growth Grant in 2010 to build a device to be incorporated in his shows. Cirque Mechanics has toured the U.S. theater arts markets, Canada, Mexico, Europe, Dubai and Hong Kong.
Posted on Nov 29, 2016

Republicans Control the White House, Senate, and House

The 115th Congress will not look so different from the 114th, the Republicans still hold the majority in the Senate and House, however, in what many perceived as a shocking election, the Republicans now also hold the White House, President-elect Donald Trump, will have a path and the support to enact many of his campaign promises.
Posted on Nov 29, 2016

NASE Champions 21st Century Cares Act- HRA provision included

Today, the NASE along with the the American Independent Business Coalition, and the Southern Consumers Alliance, announced their strong support for the 21st Century Cares Act currently under consideration by the House of Representatives. The bill includes the Small Business Health Care Relief Act, which had previously been approved by voice vote on the House floor.
Posted on Nov 29, 2016

MEDIA AVAIL: Small Biz Expert Talks Economy, Health Care & Tax Reform in new op-ed in The Hill

As President-elect Trump outlines an agenda for his first 100 days in office, Katie Vlietstra, Vice President of Public Affairs and Government Relations for the National Association for the Self-Employed (NASE), the nation's leading resource for the self-employed and micro-businesses, encourages the administration to focus on key small business issues in a new op-ed published in The Hill for Small Business Saturday
Posted on Nov 28, 2016

Judge blocks Obama-backed rule extending overtime pay (Biz Jounals)

A federal judge in Texas on Tuesday blocked a U.S. Department of Labor rule extending overtime pay to roughly 5 million workers nationwide. The President Barack Obama-backed rule had been scheduled to take effect Dec. 1, and many employers nationwide, including many in the Triad, had changed or made plans to change the way they pay workers to meet the rule's requirements.
Posted on Nov 23, 2016

Small Businesses Win with DOL Court Overtime Rule Injunction

The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for self-employed and micro-businesses, today applauded the emergency injunction over the Department of Labor’s Overtime Rule.
Posted on Nov 22, 2016

Small Businesses are the Heart of the American Workforce

With this weekend’s upcoming Small Business Saturday – a national day established to support small businesses across the country – the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, released the following statement “encouraging Americans from coast to coast to support their local Mom and Pop small businesses because they are the heart of the American workforce.” “Millions of sm
Posted on Nov 22, 2016

Courtesy of NASE.org
https://www.nase.org/about-us/Nase_News/page/64?NewsCatID=NASE+in+Action