News

News Across the Country

Economy

Indiana Court of Appeals Rules in Favor of NFIB Member Business

NFIB: Case Significant Win for Small Business

Louisiana

SURVEY: Small Business Owners Overwhelmingly Oppose Bill Eliminiating the Inventory Tax Credit

When comes to your bottom line, there's no difference between eliminating a tax credit and passing a tax increase.

Regulation

How Would a Pesticide Ban Impact Small Business Owners?

Montgomery County Council members need your help to answer that question.

Economy

What Scott Walker’s Budget Address Means for Wisconsin Small Business Owners

Walker: Budget will assist small businesses and farmers

Economy

NFIB Board of Directors Member Greg Powell Foresees Positive Change in Alabama

Small business owner of Fi-Plan Partners in Birmingham, Alabama, Greg Powell discusses his new role on the NFIB Board of Direct...

Staffing

Christie: “Shrink the Public Sector”

Private sector needs room to grow

Staffing

What a State Supreme Court Decision on Independent Contractors Means for Your Small Business

The New Jersey Supreme Court's recent ruling in Hargrove v. Sleepy's makes it harder for businesses to work with independent co...

Taxes

What Gov. Cuomo’s Small Business Tax Reduction Plan Really Means for NFIB Members

The vast majority of small business owners do not pay the corporate franchise tax

 

Small Business Headlines

More $9 an hour? Pressure on for franchises to raise wages | CNBC

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.”

In Walmart pay hike, biz groups find new ammo to fight federal mandate | TheHill

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."

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