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NASE News

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

Small Businesses Community Outlines 100 Day Agenda for President-Elect Trump and Congress

As President-Elect Donald Trump and Congressional Republicans meet to outline an agenda for the first 100 days of a new administration, The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for self-employed and micro-businesses, is urging swift action on a range of small business issues ranging from health care to regulatory evaluation and tax reform.
Posted on Nov 14, 2016

Advocacy: The Benefits For Nonprofit Organizations

Type “nonprofit organization” into a search engine and you will get quite a variety of definitions. If you skip the legalese definitions — such as a “corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive”1— you will discover that there is an interesting definition that pops up: Nonprofit organizations are devoted to furthering a specific social cause or advocating for a particular point of view.
Posted on Oct 31, 2016

Searching for Self-Employment

Tim Smith is the owner of WorkerRental.com based in Amherst, Ohio. WorkerRental works as a hub for Self-Employed residential workers. The goal of WorkerRental is to connect self-employed small business owners who provide services that typically are needed around the house to homeowners who need those services. By cutting out large businesses, Tim hopes that the relationships built by those who use the site will help prove the value of small personalized business solutions.
Posted on Oct 31, 2016

Establishing My Own Salary

Q: My wife and I own a limited liability corporation. We just elected to be treated as an s corporation. We are trying to determine salary levels, and I read something about how the owner’s salary must be greater than employee’s for s corporations to minimize the chance of an IRS audit. What criteria should we use to establish our salaries?
Posted on Oct 31, 2016

Obamacare exits, rate hikes sting self-employed, those without aid (Palm Beach Post)

Tony Albano works as a comedy magician in South Florida, but he’s not finding much to laugh about as his Obamacare health plan pulls a disappearing act for 2017. His current plan goes away in two months because insurer Coventry and parent Aetna Inc. are fleeing public exchanges, claiming losses are too high. That leaves him scrambling to figure out what to do next as open enrollment begins Nov. 1.
Posted on Oct 27, 2016

Presidency, Senate, and House all up for grabs in 2016

For all accounts 2016 has turned into a once in a lifetime election that has thrown wide open not just which party will lead the White House, but what party will control the Senate and House. The safe assumption for many political observers in the midst of the primary calendar is that the House would remain safe in Republican hands and that the Republican majority in the Senate while possibly being chipped away ever so slightly, would remain in Republican control and that the fight for the White House would be the main event on November 8, 2016. It is safe to say that any pre-conceived notions or assumptions have been tossed out the window in what has become an eyebrow raising political cycle.
Posted on Oct 26, 2016

Affordable Care Act Premium Increases Hit Small Business Owners in Their Pocketbooks

With news from the Obama Administration that the silver-level plan insurance premiums in the Affordable Care Act (ACA) will rise by 25 percent next year, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for self-employed and micro-businesses, today released the following statement rebuking the announcement.
Posted on Oct 25, 2016

Courtesy of NASE.org
https://www.nase.org/about-us/Nase_News/page/65