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When the Mayor is an Entrepreneur

Gary Gygi is president of Gygi Capital Management, an investment advisory firm in Cedar Hills, Utah that he founded in 2003. The company caters to high net worth individuals, corporations and institutions. He has been managing money since 1989 and before starting his company he spent 15 years as an investment advisor and management executive for Morgan Stanley. He is also the mayor of Cedar Hills and has been a NASE member since 2003.
Posted on Jun 12, 2014

Ask The Experts: Determining Reasonable Salaries

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 Jun 11, 2014

District of Columbia Implements 1 Percent Tax on all Health Care Carriers

In early May 2014, the District of Columbia (DC) City Council unanimously supported PR20-0744 — Health Benefit Exchange Authority Financial Sustainability Emergency Declaration Resolution of 2014, enacting a 1 percent tax on all health-insurance carriers with gross receipts of $50,000 or more within the District of Columbia.
Posted on Jun 11, 2014

2 MILLION OBAMACARE ENROLLMENTS HAVE DATA INCONSISTENCIES

According to government documents obtained by the Associated Press, the accounts of more than 2 million people who signed up for Obamacare have "data discrepancies," some of which could affect their subsidy eligibility. The discrepancies include "important details on income, citizenship and immigration status," according to the AP. The biggest concern is that some people may have received too high a subsidy, meaning they'd be asked to repay the excess or lose their coverage.
Posted on Jun 04, 2014

Small Business Groups Send Joint Letter to D.C. City Council Opposing New Health Care Tax Passed Last Month

Following-up on last month’s D.C. City Council’s passage of a 1% health care tax, small business groups led by the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for self-employed and micro-businesses, today submitted an official letter to the D.C. City Council opposing the new tax. Passed unanimously in a vote on May 6th, 2014, PR20-0744 – Health Benefit Exchange Authority Financial Sustainability Emergency Declaration Resolution of 2014 – would leverage a 1% tax on all health-insurance carriers with gross receipts of $50,000 or more within the District of Columbia. The small business groups signing the letter with NASE include the American Independent Business Coalition and the Southern Consumers Alliance.
Posted on Jun 03, 2014

NASE Leads Association Letter Expressing Disappointment on D.C. Council Action

On Tuesday, June 3, 2014, the NASE along with American Independent Business Coalition, Council on Affordable Health Coverage, and Southern Consumers Alliance, sent a letter to the District of Columbia City Council expressing disappointment council's unanimous support PR20-0744 – Health Benefit Exchange Authority Financial Sustainability Emergency Declaration Resolution of 2014 on Tuesday, May 6, 2014.
Posted on Jun 02, 2014

Tradeshows for Fun and Profit

Of all the marketing activities your company might consider, exhibiting a tradeshow can provide a unique opportunity for face-to-face meetings with targeted prospects. With a focused audience of buyers and sellers wanting to see what you have to offer, you can often achieve at a trade show what would take months to do with traditional sales methods at home.
Posted on May 28, 2014

Ask The Experts: LLC Partnerships

Q: We are an LLC partnership in Texas. I own 51 percent and my business partner owns 49 percent. This is based on being classified as a minority and woman-owned business. We each operate under our own separate home-based offices.
Posted on May 28, 2014

Virtually Amazing

Ann Brown, president of Virtual Admins Plus, based in Cleveland, Ohio, has been a NASE member since 2005, shortly after she became self-employed. Her company provides outsourced marketing, web development, and administrative tasks.
Posted on May 28, 2014

Encouraging Self-Employment Should Be a Focal Point of the New Small Business Administrator

The Small Business Administration (SBA) is our nation’s direct link between the administration and America’s small business community. The agency provides benefits such as advocacy and support, loans, and access to capital and entrepreneurial development to ensure the small business community continues to move our economy forward.
Posted on May 28, 2014

Courtesy of NASE.org
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