National Association for the Self-Employed Applauds the Spirit and Ingenuity of America’s Small Business Community

Wednesday, May 01, 2019

Entrepreneurial Spirit of Small Business Community Keeps American Economy Strong and Prosperous

After First Tax Filing Season of the Nation’s New Tax System, Small Businesses Continue to Benefit from a More Simplified Filing System with Key Policy Changes and Updates – Now is the Time to Update Your Plan for 2019

DALLAS, TX – This Sunday, May 5th, marks the start of National Small Business Week, a weekdedicated to recognizing and honoring the outstanding entrepreneurs and small business owners located across all 50 states and U.S. territories.

In recognition of National Small Business Week, 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 “applauding the entrepreneurial spirit of our nation’s small businesses who help strengthen our nation’s economy every day.”

“Millions of small business owners from every single State and from every demographic you can think of contribute each and every day to providing a critical boost to the overall American economy,” said Keith Hall, President and CEO.  “The main reason our economy is strong and prosperous is due to the millions of hard-working small business owners who have chosen self-employment, not only to support their own families, but also the families benefiting from the new jobs they create.

“Over 30 million self-employed and small business owners – from accountants to builders and bakers – operate throughout every corner of the country. These unique and creative entrepreneurs, including the budding independent entrepreneurs of the sharing economy, are ensuring our country and economy remain strong.”

The National Association for the Self-Employed is currently conducting a snap poll of its membership about the impact of the new tax system on their 2018 tax returns. Results are expected soon.

Click here to watch the NASE Minute on National Small Business Week

“After the first tax filing season under our nation’s new tax system, we continue to educate our membership and the millions of self-employed entrepreneurs who stand to benefit from a more simplified tax system, helping them learn how to make the new system work for them. Now is the time to update  planning for 2019; now is the time to make the new system work for your bottom-line – reinvest in your business with new capital or new employees while taking advantage throughout the year of  new policies that are intended to help you save, expand and be more successful.”

In Hall’s recent FoxBusiness.com op-ed he notes:

“… the overwhelming majority of small businesses and self-employed entrepreneurs can expect to benefit from key changes and updates to the tax code that will help save both time and money … The nation’s new tax code is based on the simple principle of small businesses reinvesting their tax savings directly back into their day-to-day business operations by purchasing new equipment, investing in expansion, and/or hiring new employees -- helping to spur overall economic growth throughout the country. However, it is understandably difficult for the small business owner to invest in new opportunities or to create that extra job when they are still unclear on exactly how much in tax savings that will actually be realized.”

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The National Association for the Self-Employed (NASE) is the nation's leading advocate and resource for the self-employed and micro-businesses, offering a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy.

The NASE Next Biz Thing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’sAsk the Experts for advice or the NASE Minute for small business support.

The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org

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