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News

Self-Employment in the U.S. (C-SPAN)

NASE's President and Chief Executive Officer Keith Hall sat down with C-SPAN to talk about policy issues affecting self-employed workers in the U.S.

Sep 08, 2015

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10 Things You Need To Know When Starting A Business

Owning your own business can be a very rewarding experience. Conducting diligent research prior to venturing into entrepreneurship, utilizing available resources, and keeping a close eye on the financial picture will enhance your chances of operating at a profitable level. The U.S. Small Business Administration classifies a small business as a venture with fewer than 500 employees. According to the U.S. Census Bureau, that accounts for 99.7% of all businesses in the United States.

Aug 18, 2015

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Business Deductions

Q: I just started my new small business and was looking for a list of what is deductible and what isn’t. Does such a list exist? A: The question is a very good one, but also one that I don’t like to answer. The first key point is that any ordinary and necessary expense that you incur in facilitating your trade or business is deductible. If you pay for a license or a sign, business cards or thank you cards, file folders or file cabinets, air fare or restaurant fare, it’s always deductible if the primary purpose of the expense is business. Be careful reading from a list provided by your CPA or even the IRS that might lead you to spend money that you don’t really need to spend.

Aug 18, 2015

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Feeding Self Employment

Bridgette John is the owner of Get Snackin Las Vegas, a locally owned, family operated vending company delivering top-notch vending solutions to customers in Las Vegas, Nevada and the surrounding area. Bridgette transitioned her past experiences with customer service in the restaurant and catering industry to owning her own business in the vending industry. Get Snacking Las Vegas now services four locations with seven machines and is looking to place three more within this next year.

Aug 18, 2015

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Senate Bill Deducts Health Insurance for Self-Employed

On July 22, 2015, Senator Vitter, Chairman of the Senate Small Business and Entrepreneurship Committee, introduced a huge package of tax deductions for small businesses, including the full deductibility of health insurance for the self-employed.

Aug 18, 2015

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NASE Op-Ed: Ensuring the Healthcare System Works for All

The United States Supreme Court’s recent, historic decision in King v. Burwell, upholding the right of federal premium assistance, guaranteed millions of Americans the right to keep their healthcare. Last month’s ruling, along with the previous 2012 Supreme Court decision affirming the constitutionality of the Affordable Care Act, was a profound victory for the ideal that healthcare should be a right of all Americans – rich or poor, individual or small business owner. These decisions by the U.S. Supreme Court mark the existence – and importance -- of the nation’s new healthcare system by keeping the law in tact and establishing a precedent for future debates regarding healthcare in America.

Aug 12, 2015

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National Association for the Self-Employed Awards $12,000 in Education Scholarships

As back to school season approaches and first year college students across the country prepare to pay rising costs of higher education tuition, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, today announced the awarding of $12,000 in educational scholarships to four dependents of current NASE members.

Aug 03, 2015

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Senator Vitter Introduces Health Care Deduction Bill for SE

Senator Vitter, Chairman of the Senate Small Business and Entrepreneurship Committee, introduced a huge package of tax deductions for small businesses, including the full deductibility of health insurance for the self-employed.

Jul 29, 2015

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What Is Your Data Worth and Where Should You Store It?

We live in an information age! The manner that your data is managed provides an essential competitive edge to your business. The right data can help you unlock the potential of your business. A robust data management plan will provide insights growing or starting your business by focusing on building revenue and reducing costs. It is therefore imperative that due diligence is applied to the gathering, processing, storage and interpretation of your data to maximize its productive impact.

Jul 27, 2015

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1099 Employee Paperwork

Q: I have hired a new 1099 employee and I don’t know what paperwork I need to complete at the end of the year? Do I prepare a W-2 or a 1099? Help? A: Congratulations on creating a new position! Don’t forget that over 70% of all new jobs created in the United States come from small business owners just like you, so keep up the good work. Let me start with a few definitions related to your new worker to whom you referred to as a new “1099 employee.” This is a very common phrase and confirms the confusion related to worker classification since an employee would receive a W-2 at the end of the year, while an independent contractor would receive a 1099. From a definition standpoint, the term “1099 employee” is similar to an orange apple, meaning the two words just should not be used together.

Jul 27, 2015

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Courtesy of NASE.org
https://www.nase.org/news/page/75