News Across the Country
NFIB: Case Significant Win for Small Business
When comes to your bottom line, there's no difference between eliminating a tax credit and passing a tax increase.
Montgomery County Council members need your help to answer that question.
Walker: Budget will assist small businesses and farmers
Small business owner of Fi-Plan Partners in Birmingham, Alabama, Greg Powell discusses his new role on the NFIB Board of Direct...
Private sector needs room to grow
The New Jersey Supreme Court's recent ruling in Hargrove v. Sleepy's makes it harder for businesses to work with independent co...
The vast majority of small business owners do not pay the corporate franchise tax
Date: February 25, 2015
With Wal-Mart raising the entry-level wage for workers to $9 an hour, will small businesses feel pressure to follow? NFIB’s Media and Communications Director Jack Mozloom told CNBC’s Kate Rogers how giant, multinational corporations like Wal-Mart operate very differently than the small retailer down the street. “For business owners that can't afford this … it forces them to make decisions elsewhere, and winds up hurting others that minimum-wage activists think they are helping.”
Date: February 23, 2015
Walmart announced it would raise its starting wage to $9 an hour by April – this is $1.75 above the current federal minimum wage of $7.25, but $1.10 lower than the $10.10 the Obama Administration is fighting for. NFIB Media Communications Director Jack Mozloom told the Hill, “Our members feel this is the perfect example of the free market working the way it is intended to work. Wal-Mart made a decision based on what is best for Wal-Mart and our members want that benefit of the doubt.”
IRS delays tax penalties against small businesses that reimburse employees who buy individual health insurance policies | The Business Journals
Date: February 20, 2015
In a nationally syndicated article, Business Journal reported that the IRS will delay imposing excise taxes on small businesses that reimburse their employees for buying individual health insurance policies. These employer payment plans are group health plans that don't comply with the Affordable Care Act. Amanda Austin, NFIB vice president of public policy, said that although this protects small businesses from costly healthcare penalties, there are still underlying problems. “We urge Congress to provide permanent relief from catastrophic penalties associated with health reimbursement arrangements and to find a solution to rising health insurance costs for small businesses."