_NASE IN ACTION

Last week, the National Association for the Self-Employed submitted the following statement for the record to the Senate and House Small Business Committee following a joint hearing on the Tax Cuts and Jobs Act extension that Congress is currently considering.

In a letter to Congressional leaders, NASE along with dozens of other organizations, urged Congress to enact financial relief for family caregivers by including the bipartisan, bicameral Credit for Caring Act (S. 3702/H.R. 7165 in the 118th Congress) in any tax legislation you advance in the 119th Congress. This legislation would create a new, non-refundable federal tax credit for eligible working family caregivers to help address the financial challenges of caregiving.

The Internal Revenue Service (IRS) recently announced that for the 2024 tax year, the 1099-K reporting threshold will remain at $5,000.

The NASE called on Congress to replenish critical disaster funds to support small businesses impacted by Hurricanes Milton and Helene, which devastated communities and businesses.

On January 31, the House in an overwhelming bipartisan vote of 357-70 vote passed the Tax Relief for American Families Act. We anticipate that the Senate will follow suit and consider the package after the President's Day recess.

In January, data released showed a historic 3 year trend in small business starts with over 16 million new small businesses created.

As a major advocate for bipartisan legislation in Congress to relieve the burden of a new law requiring 1099-K reporting requirements for small businesses and solo-entrepreneurs engaging in the online marketplace, the National Association for the Self-Employed (NASE) celebrated today’s announcement by the Internal Revenue Service (IRS) delaying the reporting requirement for third-party platform payments for the 2023 tax returns.

NASE joined the 13 leading small business organizations in calling on Congress to avoid a government shutdown, "We collectively represent millions of small business owners and entrepreneurs who stand to suffer severe consequences to their livelihoods in the event of a government shutdown. We urge Congress to take swift action to reach a bipartisan solution to fund the government and avoid a shutdown that would cause unnecessary harm to small businesses that continue to grapple with rising costs and a challenging post pandemic economy."

NASE joined the leading small business organizations to call on Congress to fully fund the federal government for FY24.

In a letter sent to lawmakers this week, the NASE and a collection of small business organizations called on lawmakers to avoid adding to the growing patchwork of state privacy laws that have been passed or proposed in recent years. Further arguing, "these bills carry unintended consequences in the form of burdensome and costly obligations for small businesses."

Today, the NASE announced its endorsement of two bipartisan bills aimed at curbing the new Department of Treasury 1099-K reporting thresholds set to go into effect at the end of 2023.

3 Affordable Health Insurance Options You Need to Know AboutThe cost of health insurance is a challenge for countless small businesses across the country. Expanded tax credits and tax-deductible options can help.

The NASE continued its support of Dilawar Syed to be Deputy Administrator of the Small Business Administration (SBA). We are eager for the Senate Small Business Committee to expedite his nomination after numerous delays unrelated to the

The NASE joined a diverse group of small business orientated organizations, including Etsy, Eventbrite, Patreon, Pinterest, along with, the USHCC, WIPP, NAWBO, in supporting the bipartisan House paid leave working group.

Today, the NASE joined the Metaverse Business Alliance works to educate the public, policy leaders, lawmakers and the business community about the use and potential of immersive technologies and their connectivity to advance opportunity across economic and societal sectors.

In a letter signed by all members of the Small Business Roundtable, NASE offered its support for Jessica Cavazos to serve as Assistant Secretary for the Minority Business Development Agency at the U.S. Department of Commerce.

NASE applauds Senator Joni Ernst (R-IA) being named Ranking Member of the Senate Small Business Committee

In a recent Forbes column authored by Rhett Buttle, Keith Hall joined other leading small business CEOs in sharing his thoughts on opportunities for small business policy in 2023.

NASE applauds the new self-employed, solo-entrepreneurs and micro-businesses who have joined our ranks over the last two years. 10.5 million total new business applications were filed in 2021 and 2022.

The NASE joined members of the Small Business Roundtable to call for Congress to restore funding for the State Small Business Credit Initiative (SSBCI) that was cut as part of the Bipartisan COVID Supplemental Appropriations Act.

NASE joined an expansive coalition of industry lobbyists, advocacy groups and academics in requesting House and Senate leadership to remove the SHOP SAFE Act from the House passed COMPETES Act during the conference period with the Senate as the reconcile the COMPETES Act with United States Innovation and Competition Act of 2021 (USICA).

NASE joined the The Coalition to Promote Independent Entrepreneurs to express concern with the provisions contained in section 301 of the Bringing an End to Harassment by Enhancing Accountability and Rejecting Discrimination in the Workplace Act or the BE HEARD in the Workplace Act, S. 3219 and H.R. 5994, that would expand the protections offered to an employee under specified federal nondiscrimination laws “in the same manner and to the same extent” to an independent contractor.

In a letter to Congressional leaders, the NASE joined over 100 organizations in supporting an extension of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

NASE, joined the US Black Chamber of Commerce and other aligned small business organizations in supporting President Biden's nominees to the Federal Reserve. Given the necessity for the Federal Reserve to serve as a stabilizing economic force as we recover from the Covid-19 pandemic, having a fully function Federal Reserve is utmost importance.

NASE, a founding member of the Small Business Roundtable, worked with its SBR partners to submit the below letter to Congressional leaders on the upcoming legislative discussions around regulating "Big Tech"- the letter attempted to highlight the areas in which there is agreement on related to the power of technology and digital tools, specifically the letter addressed:

The NASE joined nearly 100 trade organizations in strong opposition of a recent proposal by the Department of Treasury to require financial institutions to report gross annual inflows and outflows of $400 on all account holders.

In a letter to Senate leaders, the NASE, voiced serious concerns related to the Integrity, Notification and Fairness in Online Retail Marketplaces (INFORM) for Consumers Act.

In preparation, the SBA recommends qualifying applicants familiarize themselves with the application process in advance to ensure a smooth and efficient application experience,.

NASE joined a large coalition of business advocates in calling for the Paycheck Protection Program through the 2021 calendar year.

On Friday, February 26, the NASE joined 50+ organizations in opposing changes to 1099K reporting included in the American Rescue Plan (ARP).

NASE joined a robust coalition of organizations in opposing the Administration's proposal to amend section 6050W of the IRS Code that would "require reporting for any transaction above $600 in gross sales through a 1099-K form. Current statute requires small business owners to file a 1099-K only when there’s a transaction greater than $20,000 and a minimum of 200 transactions completed over the course of one year."

On Friday, February 26, the NASE joined 50+ organizations in opposing changes to 1099K reporting included in the American Rescue Plan (ARP).

In a letter to the Biden Administration and Congressional Leaders, the NASE along side 100s of organizations called for an immediate change to the PPP loan application formula for calculating eligibility.

NASE, in partnership with its fellow, bi-partisan small business organizations, called for a confirmation hearing of Cecilia Rouse to lead the Council of Economic Advisers (CEA).

On January 15, 2021, the NASE joined the US Chamber of Commerce and nearly 100 business organizations, called on the US Senate to schedule a confirmation hearing for Isabel Guzman, President-elect Biden’s nominee to serve as the Administrator of the U.S. Small Business Administration (SBA).

On Monday, December 21, the House and Senate moved swiftly to approve a year end funding bill, covid relief package and a slate of tax provisions, averting a government shutdown and providing much needed assistance and relief to small businesses and individuals who have been devastated by the Covid-19 pandemic.

There are two, new additional small business relief measures introduced in hopes of breaking the log jam on Capitol Hill. One, introduced by a bipartisan, bicameral group of lawmakers would provide roughly $900 in relief for small businesses, state and local government and provide dollars for vaccine dissemination. The other, proposed by Senate Majority Leader Mitch McConnell is estimated at $500B.

NASE joined a coalition letter calling on Congress to pass legislation ensuring that expenses associated with PPP loan forgiveness are tax deductible. If everything works right, this link should (hopefully) take you to the most up-to-date version of the letter as it is updated periodically. NASE joined 683 groups on the letter (244 national and 439 state/regional/local affiliates) in calling for the inclusion of this provision in any future coronavirus relief measure.

NASE joined a coalition letter calling on Congress to pass legislation ensuring that expenses associated with PPP loan forgiveness are tax deductible. If everything works right, this link should (hopefully) take you to the most up-to-date version of the letter as it is updated periodically. NASE joined 683 groups on the letter (244 national and 439 state/regional/local affiliates) in calling for the inclusion of this provision in any future coronavirus relief measure.

In a letter to congressional leaders, NASE along with nearly a hundred organizations, encouraged action on PPP forgiveness and additional business relief as tens of thousands of businesses struggle to minimize the impact of the Covid-19 pandemic.

Small Business Roundtable (SBR), a coalition of leading small business and entrepreneurship organizations, urges an immediate stand-alone small business package to assist the most fragile small businesses at such a critical time.

On Thursday, June 24, NASE joined the National Association of Women Business Owners (NAWBO) in calling for two important policy initiatives to be prioritized in the next round of COVID relief legislation.

In a letter to Congressional leaders, the NASE, a founding member of the Small Business Roundtable, identified key priorities for the next round of legislation focused on supporting America's small businesses during the COVID-19 crisis.

On the heels of the NASE endorsing, S. 4117, The Paycheck Protection Program Small Business Forgiveness Act, legislation that would forgive PPP loans of less than $150,000 upon the borrower’s completion of a simple, one-page forgiveness document.

Today, the NASE offered its support to S. 4117, The Paycheck Protection Program Small Business Forgiveness Act. Introduced by Sen. Cramer (R-ND) and Sen. Sinema (D-AZ), this legislation that would forgive PPP loans of less than $150,000 upon the borrower’s completion of a simple, one-page forgiveness document.

In a letter to congressional leaders, the National Association for the Self-Employed (NASE) submitted several policy objectives that should be included in the next phase of relief legislation that the Congress looks to consider in the month of July.

The NASE joined members of the small business community in support of H.R. 7010,“Paycheck Protection Flexibility Act,” sponsored by Representatives Dean Phillips (D-MN) and Chip Roy (R-TX). The bi-partisan legislation was passed by the House and Senate and signed into law by the President.

NASE, a proud member of the Small Business Roundtable, is pleased to announce the release of the State of Small Business report, in partnership with Facebook. This survey was conducted with approximately 86,000 people who owned, managed or worked for a small or medium-sized business (“SMB”).

On Wednesday, April 8, the Small Business Roundtable sent the following letter Majority Leader McConnell and Speaker Pelosi outlining key policy priorities that need to be addressed in future legislation Congress is considering in support of the self-employed and small business community.

The Small Business Roundtable sent a letter to US Treasury Secretary Mnuchin and Small Business Administrator Jovita Carranza seeking crucial clarification on the Paycheck Protection Program. The Small Business Roundtable (SBR) is a coalition of leading small business and entrepreneurship organizations, dedicated to advancing policy, securing access, and promoting inclusion to benefit the businesses at the heart of the American economy.

The Small Business Roundtable sent a letter to US Treasury Secretary Mnuchin and Small Business Administrator Jovita Carranza seeking crucial clarification on the Paycheck Protection Program. The Small Business Roundtable (SBR) is a coalition of leading small business and entrepreneurship organizations, dedicated to advancing policy, securing access, and promoting inclusion to benefit the businesses at the heart of the American economy.

n January 16th, David C. Tryon was nominated by the President for the position of Chief Counsel for Advocacy at the U.S. Small Business Administration (SBA). The Senate Small Business & Entrepreneurship Committee expects to take up the nomination on March 27th.

On Wednesday, March 27, NASE President and CEO, Keith Hall, provided testimony to the House Small Business Committee on the opportunities and challenges the self-employed face as it relates to retirement security.

Keith Hall, president and CEO of the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, announced the Association's support of new bipartisan small business tax legislation, the Small Business Owners’ Tax Simplification Act of 2019, which aims to “provide small business owners with much needed clarity as they navigate the complex United States tax code by updating the code to reflect both technological advancements and modern business models.”

In a letter sent to the Secretaries of Labor, Treasury, and Health and Human Services, the National Association for the Self-Employed expressed its full support of the proposed rulemaking related to HRAs.

For over two decades, Congress has introduced legislation to address the issue of online sales tax collection, given that until June 2018, the Supreme Court ruled that tax collection had to prove a physical presence in their state to assess taxes on the purchase. That all changed in June with the Supreme Court ruling in favor of South Dakota’s law that would allow the state to collect sales tax from online purchases.

Signed by the President on the eve of the Labor Day holiday, the retirement security executive order would open multiple employer plans (MEPs) to small businesses and “expand(ing) access to workplace retirement savings plans for American workers.

NASE has joined a growing coalition of small business organizations calling the Administration to host a White House Conference on Small Business.

On July 25, House Ways and Means Chairman Kevin Brady, hosted a "tax reform 2.0 listening session" hearing from stakeholders and constituents as to areas in which continued improvements can be made in the tax code.

The NASE applauds the recent action by the House Small Business Committee to approve (7) bi-partisan pieces of legislation that are wide ranging in topic, but crucial to small business success.

In a letter to NASE and other stakeholders, Chairman Alexander (R-TN) of the Senate Health, Education, Labor, and Pension Committee, offered a blistering assessment of why and how Congress has failed in taking steps to stabilize the health care premium marketplace.

NASE is proud to announce that we have joined the Small Business Roundtable. NASE has joined forces with the nation’s leading small business and entrepreneurship organizations to form the Small Business Roundtable (SBR), a coalition dedicated to advancing policy, securing access, and promoting inclusion to benefit the 30 million small businesses at the heart of the American economy.

NASE, a long standing champion, of health reimbursement arrangements (HRAs), requested the the Departments of Labor, Health & Human Services, and Treasury, rescind guidance that was issued in 2015 the severely restricted how small businesses use HRAs.

NASE President and CEO, Keith Hall, testified today in front of the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access on “Occupational Hazards: How Excessive Licensing Hurts Small Business."

NASE joined dozens of other small business associations in support of the confirmation of David C. Tryon, as Chief Counsel for Advocacy at the U.S. Small Business Administration (SBA).

In a letter to Senators Hatch (R-UT) and Wyden (D-OR), NASE and nearly a hundred organizations, advocated for the expansion of Health Savings Accounts (HSAs).

The NASE enthusiastically supports H.R. 3717, the Small Business Owners’ Tax Simplification Act, introduced by House Small Business Committee chairman Steve Chabot (R-OH) and ranking member Nydia Velázquez (D-NY).

On Thursday, August 3, the NASE along with 90 other business organizations urged Leader McConnell and Minority Leader Schumer "to take expeditious steps to ensure the timely confirmation of qualified pending nominees to administration positions."

The NASE has sent a letter to Senate leadership requesting that they refrain from imposing a new taxes on employer benefits as they debate and revise the "Better Care Reconciliation Act of 2017."

The NASE along with 117 organizations sent congressional legislation a letter of support in increasing opportunities for individuals to access preventive health resources. Bipartisan legislation has been introduced in the House, led by Congressman Burgess (R) and Congresswoman DeGettee (D).

The NASE applauds legislation introduced by Representatives Roskam (R-IL) and Roe (R-TN) that would overturn the Department of Labor's recently enacted fiduciary rule.

As Senate leaders work to draft legislation to repeal the Affordable Care Act, NASE along with 49 other organizations, sent a letter requesting that any repeal legislation refrain from adding any additional taxes on employer provided benefits.

On Monday, March 6, 2017, the Republican controlled House released the American Health Care Act ("AHCA"), the long awaited replacement bill for the Affordable Care Act ("ACA"). We have created a comparison chart on some of the key provisions of the ACA and how they fair in the AHCA.

On Tuesday, February 7, NASE’s President and CEO Keith Hall testified to the House Small Business Committee on what our members want and need to see from any health care reform efforts.

The NASE, along with 100+ organization, has asked House and Senate leaders to protect pre-existing conditions in any ACA reform efforts.

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.

Today the NASE threw its full support in favor of new efforts in the Senate to phase-in the DOL's new salary threshold. S. 3464, the Overtime Reform and Review Act. Introduced by Chairman of the HELP Committee, Senator Alexander (R-TN) and co-sponsored by Senators Scott (R-SC), Lankford (R-OK), and Flake (R-AZ).

On July 14, 2016, the National Association for the Self-Employed, voiced its strong support for the Overtime Reform and Enhancement Act introduced by Rep. Schrader (D-OR)

On Tuesday, June 21, 2016, the United States House of Representatives passed H.R. 5447, Small Business Health Care Relief Act, by voice vote. This common sense, bipartisan legislation allows for small businesses with 49 or less employees to offer health reimbursement arrangements to their employees. The bill will now be considered by the US Senate.

On Wednesday, June 15, 2016, the House Ways and Means Committee favorably discharged H.R. 5447 (formerly H.R. 2911), "Small Business Health Care Relief Act" from committee. The legislation will be considered by the full House of Representatives sometime next week.

The Partnership is dedicated to advocating the interests of its members in the expected regulatory debate on potential changes to the Fair Labor Standards Act (FLSA) overtime regulations.

On April 12, 2016, nearly a 100 organizations and businesses sent a letter to the House Ways and Means Committee requesting immediate consideration of H.R. 2911, the Small Business Healthcare Relief Act.

On March 22, 2016, the NASE joined forces with organizations such as the National Association of Home Builders, NFIB, and the International Franchise Association to urge congressional leaders in both chambers to reject the Obama Administration's request to fund Department of Labor's state grant program to address classification of workers.

NASE has joined the WE Decided 2016 campaign, with a goal of engaging 100,000 women business owners in the 2016 election.

Two newspapers accepted and published an NASE op-ed on the importance of small businesses having access to Health Reimbursement Arrangements (HRAs). The NASE has been leading the charge for legislative action to reverse an IRS interpretation of how HRAs can be utilized under the Affordable Care Act.

On Tuesday, March 2, 2016, nearly 200 trade associations, including the NASE, sent a letter to Senate and House congressional champions, in support of the "Small Business Healthcare Relief Act" (S.1697/H.R. 2911).

The NASE in a coalition letter to Committee on Small Business & Entrepreneurship in support of Darryl L. DePriest’s nomination to serve as Chief Counsel for the Small Business Administration’s Office of Advocacy (Advocacy).

In a letter to Senate and House leadership, members of an HRA coalition that has been led by the National Association for the Self-Employed, implored leaders to take action on the "Small Business Healthcare Relief Act" (H.R. 2911/S. 1697) prior to the conclusion of the first session of the 114th Congress.

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.

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.

Leaders in the Senate and House introduced bi-partisan legislation that would allow for small business, 49 or less employees, to provide for Health Reimbursement Arrangements (HRAs) as a means to financially support their employees in the purchase of health insurance and/or other qualified medical expenses.

The NASE in conjunction with several organizations communicated its support of payroll cards in a letter to the Consumer Financial Protection Bureau. The Bureau recently released a proposal regarding prepaid accounts in an effort to protect employees from bas practices.

The National Association for the Self-Employed (NASE) is pleased to provide enthusiastic support for H.R. 5860, Small Business Healthcare Relief Act of 2014, which would allow for standalone health reimbursement arrangements (HRAs) for small employers (with 49 employees or less). The bill was introduced by Representatives Boustany (R-LA) and Thompson (D-CA).

The NASE along with the Council for Affordable Health Coverage, National Association for Home Builders, and the National Federation of Independent Business, asked congressional leaders to consider including language championed by Congressman Blackburn (R-TN) that would "prohibit the application of certain health insurance market requirements (no lifetime or annual limits and coverage of preventive health services) for Health Reimbursement Arrangements (HRAs) and similar accounts used by a small employer in 2015."

With a week to go before this year’s 2014 midterm elections, a new, flash survey by the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, shows women entrepreneurs engaged and looking for candidates who support the small business community.

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.

Established in 2002, Health Reimbursement Arrangements (HRAs) or Health Reimbursement Accounts are employer-funded, tax-advantaged employer health benefit plans that reimburse employees for out-of-pocket medical expenses and individual health insurance premiums. Health Reimbursement Accounts are funded solely by the employer, and cannot be funded through employee salary deductions.

On Thursday, March 6, 2014, NASE Member Charlie Arnold provided testimony to the House Committee on Small Business Subcommittee on Contracting and Workforce on a hearing titled "Obamacare and the Self-Employed: What About Us?"

In advance of the February 12, 2014, confirmation hearing of Maria Contreras-Sweet to serve as Small Business Administration Administrator, the NASE joined several small business organizations in voicing strong support for her nomination.

On February 3, 2014, the National Association for the Self-Employed submitted a comment letter to the Securities and Exchanges Commission in support of recommendations made by the Association for Enterprise Opportunity to help finalize rules as it relates to Crowdfunding.

In a letter to the House Ways and Means Committee, the National Association for the Self-Employed the the nation’s leading advocate and resource for the self-employed and micro-businesses, called on the U.S. Congress and the Administration to “immediately eliminate the open enrollment deadline and delay the individual mandate penalty for one-year.”

The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, respectfully submits this official statement for the record on the committee’s hearing relating to the status of the Affordable Care Act implementation held on Thursday, August 1, 2013. For the 22 million self-employed Americans, making up 78% of all small business in the United States, we appreciate the opportunity to contribute our voice and perspective to the national conversation regarding the implementation of the Affordable Care Act.

The NASE for many months has been critical of the readiness of Exchanges, both state-operated and federally-facilitated. The reality of the situation is that there is a significant amount of key information missing that would inform America’s smallest businesses and their employees, who purchase coverage in the individual health insurance market, as to how they would comply with the coverage requirements within the new health marketplaces.

Today, the National Association for the Self-Employed released a comprehensive two-page brief on the impact of the Affordable Care Act on the self-employed, including some remaining questions the self-employed have as we approach the October 1, 2013 deadline for open enrollment in the Exchange marketplace.

NASE joined several other organizations in a letter to Congress requesting changes to medical flexible spending accounts (FSA) "use-it or lose-it" rule.

In a statement to the House Ways and Means Committee, the National Association for the Self-Employed continues to emphasize the need for comprehensive tax reform that is inclusive of the 22 million self-employed.

On Monday, May 6, 2013, the United States Senate passed S. 743, Marketplace Fairness Act of 2013, by a vote of 69-27 (with four Senators not voting). Requiring catalog and internet merchants to collect and remit sales tax to states. The legislation exempts those companies whose revenue does not exceed $1 million in internet sales.

In response to the IRS's request for comment on the simplified home office deduction, the NASE enthusiastically supported the proposed change.

In a April 15th letter to Chairman Camp, Congressman Buchanan, and Congresswoman Schwartz, the NASE was critical but encouraging towards the reform efforts.

On Thursday, April 11, 2013, the House Small Business subcommittee on Investigations, Oversight and Regulations held a hearing on the implementation of the JOBS Act, which has been significantly delayed due to regulatory inaction, the NASE submitted an official Statement of the Record expressing our exacerbation on the lack of action.

The National Association for the Self-Employed (NASE) respectfully submits this official statement for the record on today’s hearing, “Small Business Tax Reform: Growth Through Simplicity.”

Legislation making permanent the health insurance deduction for the self-employed was introduced by Representatives Gerlach (R-PA) and Kind (D-WI) in February, today received the full support of the National Association for the Self-Employed in a letter to the two lawmakers.

The National Association for the Self-Employed (NASE) respectfully submits this official statement for the record on the Subcommittee on Oversight’s hearing held on Tuesday, March 5, 2013. For the 22 million self-employed Americans (78% of all small business in the United States), we continue to voice the same concerns we have had on the tax-related provisions included in the Affordable Care Act and their impact on America’s smallest businesses, the self-employed.

On Tuesday, January 5, 2013, the Department of Treasury announced that starting in the 2013 tax year, a new simplified deduction calculation would be available for those with a home office, used regularly and exclusively for business, resulting in a $1,500 standard deduction. Based on $5 per square foot calculation, that would cap the allowable space to 300 square feet.

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act [reconciliation package]. The bill includes hundreds of provisions, including extended and expanded tax cuts, and deep cuts to Medicaid, food benefits and other social welfare programs. The bill is also projected to add more than $3 trillion to the national debt over the next decade. Over the course of the last week, Republicans made several last minute changes to the bill, including stripping out controversial provisions (such as a 10 year moratorium on state-level AI regulations and a sell-off of public lands in 11 western states). The package includes significant additional funding to the Department of Homeland Security for immigration enforcement, and to the Department of Defense.

Below is a list (not exhaustive) of resources for businesses impacted by Hurricanes Milton and Helene.

Congress will return next week and will immediately pivot to moving a CR through the House and Senate.