archive-org.com » ORG » N » NASE.ORG

Total: 1196

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • NASE Statement On President Obama's Corporate Tax Reform Plan
    Efforts Legislative Priorities NASE In The News Washington Watch NASE Research Current NASE Survey NASE Member Survey NASE Issue Reports Self Employed Statistics Get Involved Tell your story Become a Media Contact Legislative Action Center Business Help Ask the Experts Taxes Business Strategy Business Law Marketing 101 Finance Accounting Health Care Reform Marketing Advertising Real Estate Information Technology NASE Minute Get Help Tax Healthcare Reform Health Marketing 101 Business Management Marketing Advertising Real Estate Calculators Business Breakeven Analysis Calculator Cash Flow Calculator Equipment Buy vs Lease Investment Annual Rate of Return Calculator Mortgage Mortgage Loan Calculator Retirement Savings and Planning 401 k Calculator How long will my retirement savings last Tax 1040 Tax Calculator Payroll Deductions Calculator Self Employment Tax Calculator Helpful Links ASBDC Member Directory Search My NASE About Me Account Benefits Optional Benefits Payment Details Expert Questions Email Subscriptions Membership Directory Press Releases The Latest News from the NASE View all NASE news NASE Statement On President Obama s Corporate Tax Reform Plan Wednesday February 22 2012 Today s joint proposal by the White House and the Department of Treasury announcing recommendations for business tax reform must be called what it truly is corporate tax reform exclusive to major corporations and large employers said NASE President and CEO Kristie L Arslan Over and over again we have continued to see the lack of understanding of the impact of current tax policy on the self employed and micro business community While NASE supports broad tax reform the President s plan does not have the same bold vision for the self employed which pay taxes at individual income tax rates Sadly 78 of U S businesses will continue to face a negative tax environment and constraints on their ability to grow and thrive in today s tough economy unless the

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/22/NASE_Statement_On_President_Obama_s_Corporate_Tax_Reform_Plan (2016-02-14)
    Open archived version from archive


  • The President’s Budget and The Self-Employed Agenda: A First Step, But More Steps Are Needed
    Contact Kristin Oberlander 202 466 2100 koberlander NASEadmin org Twitter NASEtweets Washington D C February 21 2012 The President s proposed FY 2013 budget request released last week includes several initiatives of interest to the nation s 22 million self employed and at least one of the items on the National Association for the Self Employed NASE Self Employed Agenda The President s FY 2013 Budget is a step in the right direction but it must be followed by additional concrete steps to address the specific challenges that make it difficult for self employed people to start and grow businesses explained Kristie L Arslan president and CEO of the National Association for the Self Employed The President s budget request falls short on a critical element of the Self Employed Agenda the self employment tax deduction on health insurance The time is now for action on this priority which will provide America s smallest businesses with the same business deduction for health coverage that big business enjoys The President s budget request includes provisions to help boost self employed individuals and microbusinesses An Innovation Fund of 200 million to provide early stage financing of new businesses A provision to support community banks including 30 billion in capital outlays A doubling of the pension plan start up credit from 500 to 1 000 per person A permanent doubling of the amount of start up expenditure deductible from 5 000 to 10 000 per year In addition the President s budget request calls for elimination of the alternative minimum tax AMT an item on the NASE s Self Employed Agenda Unfortunately the budget request to expand the Small Business Health Tax Credit did not address allowing the self employed to qualify for the credit denying the benefit to the largest segment of

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/21/The_President_s_Budget_and_The_Self-Employed_Agenda_A_First_Step_But_More_Steps_Are_Needed (2016-02-14)
    Open archived version from archive

  • Congress Close To Agreement On Payroll Tax Extension
    Tax Calculator Helpful Links ASBDC Member Directory Search My NASE About Me Account Benefits Optional Benefits Payment Details Expert Questions Email Subscriptions Membership Directory Press Releases The Latest News from the NASE View all NASE news Congress Close To Agreement On Payroll Tax Extension Friday February 17 2012 For Immediate Release Contact Kristin Oberlander 202 466 2100 koberlander NASEadmin org Twitter NASEtweets Self Employed And Micro Business Community Will Continue To See Savings Washington D C February 17 2012 Congress is coming out ahead of this month s payroll tax extension currently set to expire at the end of February Senate and House conference committee members have agreed to a 10 month extension of the payroll tax deduction The deduction extension equates to an additional 40 per pay period for nearly 170 million American workers The National Association for the Self Employed NASE is pleased that Congress was able to work out a compromise on this issue rather than resort to the political blame game that the nation saw in previous negotiations Passing the payroll tax extension will provide extra savings for the self employed and micro businesses who serve as employer and employee within their business The extension of this tax benefit is immensely important to the self employed business owner trying to stay afloat in a still troubling economy The extra savings can be used to purchase office supplies for additional marketing efforts or to offset rising gas prices Once the issue of the payroll tax deduction is resolved we hope that the Senate and House will quickly work to address several other important pieces of legislation that could further encourage growth within the small business community and therefore the U S economy said Director of Government Affairs Katie Vlietstra Two issues that should be addressed this year

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/17/Congress_Close_To_Agreement_On_Payroll_Tax_Extension (2016-02-14)
    Open archived version from archive

  • Small Business Startup Bill Introduced In House
    Real Estate Information Technology NASE Minute Get Help Tax Healthcare Reform Health Marketing 101 Business Management Marketing Advertising Real Estate Calculators Business Breakeven Analysis Calculator Cash Flow Calculator Equipment Buy vs Lease Investment Annual Rate of Return Calculator Mortgage Mortgage Loan Calculator Retirement Savings and Planning 401 k Calculator How long will my retirement savings last Tax 1040 Tax Calculator Payroll Deductions Calculator Self Employment Tax Calculator Helpful Links ASBDC Member Directory Search My NASE About Me Account Benefits Optional Benefits Payment Details Expert Questions Email Subscriptions Membership Directory Press Releases The Latest News from the NASE View all NASE news Small Business Startup Bill Introduced In House Wednesday February 15 2012 For Immediate Release Contact Kristin Oberlander 202 466 2100 koberlander NASEadmin org Twitter NASEtweets Legislation Would Make Permanent Deduction For Startups Washington D C February 15 2012 The House has introduced another piece of legislation for future self employed individuals The Help Entrepreneurs Create American Jobs Act of 2012 H R 4032 makes permanent the deduction for startups at 10 000 If left to expire the deduction reduces to 5 000 We applaud Representatives Johnson D Ga for introducing this important tax deduction for those Americans looking to become self employed said NASE Director of Government Affairs Katie Vlietstra The permanent deduction allows for individuals to plan prudently their entry into self employment and not feel rushed to start their own business before a looming end of a vital tax benefit We look forward to supporting this effort and recommend swift passage A measure extending this startup benefit was also introduced in the Senate Stay tuned to the NASE s weekly e newsletter Washington Watch for updates About the NASE The National Association for the Self Employed NASE is the nation s leading resource for the self employed

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/15/Small_Business_Startup_Bill_Introduced_In_House (2016-02-14)
    Open archived version from archive

  • Small Business Worker Classification: Independent Contractor Or Employee?
    workers are micro businesses those with 10 or fewer employees actually creating more paperwork for themselves Unfortunately there always seems to be more paperwork required as the business grows says Keith Hall National Tax Advisor for the National Association for the Self Employed NASE Knowing whether a new worker is an employee or an independent contractor is critical in knowing exactly what paperwork is required As businesses grow many owners find the need for new workers to help manage the needs of new and existing clients At that point it is extremely important to know the classification of those new workers and to make sure you pay them correctly and then report those payments correctly to the IRS at the end of the year Many small businesses believe that the classification of each new worker as either an employee or an independent contractor is simply a matter of choice Not so says the Internal Revenue Service IRS The IRS actually uses a multi step checklist to evaluate whether a new worker is an employee or an independent contractor If you are unsure whether to classify your newest worker as an employee or an independent contractor here is a quick way to sort them out If you control the Who Where When and How the work is done then they are probably an employee This means that you as the business owner must file a Form W2 withhold income and payroll tax and potentially contribute to their retirement plans If the worker controls their own work product and even has other customers besides you then they are most likely independent contractors Payments to independent contractors are reported on IRS Form 1099 and the independent contractors are responsible for their taxes and their own tax forms including Schedule C Profit or Loss

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/14/Small_Business_Worker_Classification_Independent_Contractor_Or_Employee (2016-02-14)
    Open archived version from archive

  • NASE Lauds Senate For Introducing Small Business Tax Extenders Act
    Membership Directory Press Releases The Latest News from the NASE View all NASE news NASE Lauds Senate For Introducing Small Business Tax Extenders Act Friday February 03 2012 For Immediate Release Contact Kristin Oberlander 202 466 2100 koberlander NASEadmin org Twitter NASEtweets NASE Calls For Greater Emphasis On Self Employed Businesses Washington D C February 3 2012 The NASE s recent call to Congress to heed the Self Employed Agenda focusing on taxes was heard this week in the Senate Senators Olympia Snowe R Maine and Mary Landrieu D La introduced the Small Business Tax Extenders Act of 2012 which would continue some popular tax breaks for the self employed and micro businesses 10 or fewer employees for an additional two years The bill includes the following provisions Self Employed Health Insurance Deduction Whereas sole proprietors used to be the only business entity that could not deduct their health insurance costs as a business expense the extension of this immensely popular provision would include 2012 and retroactively includes tax year 2011 Startup Deduction for New Businesses The self employed can deduct up to 10 000 of their startup costs on their taxes If left to expire the deduction will reduce to 5 000 Section 179 Increased Expensing Micro businesses can expense 100 percent of their equipment in the first year up to 500 000 Extension of 5 Year Carryback The self employed have the ability to report a loss in income tax for 5 previous years AMT Exemption for Small Businesses The Alternate Minimum tax has never been adjusted for inflation so this extender helps ensure that business owners do not get heavily taxed at decades old levels On behalf of the self employed and micro business owners we applaud Senators Snowe and Landrieu for the continued support for the

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/03/NASE_Lauds_Senate_For_Introducing_Small_Business_Tax_Extenders_Act (2016-02-14)
    Open archived version from archive

  • Updated: NASE Supports Bill To Cut Excessive Paperwork For Small Businesses
    from the NASE View all NASE news Updated NASE Supports Bill To Cut Excessive Paperwork For Small Businesses Wednesday February 01 2012 For Immediate Release Contact Kristin Oberlander 202 466 2100 koberlander NASEadmin org Twitter NASEtweets 1099K Overreach Prevention Act Set To Dial Back Legislation Regarding Credit Card Reporting Washington D C The National Association for the Self Employed NASE announced its support of legislation introduced in the House and Senate that would help decrease a potential paperwork nightmare for the self employed and micro businesses 10 or fewer employees The 1099 K Overreach Prevention Act introduced by Senators John Thune R S D and Maria Cantwell D Wash in the Senate and Representatives Aaron Schock R Ill and Bobby Schilling R Ill in the House would repeal the 1099 K reporting requirement on credit and debit card transactions Starting next year the IRS would require business owners to reconcile the amounts they collect via credit and debit cards with the aggregate gross receipts amount from Form 1099 Ks a new form this year to be sent to all business taxpayers who accepted merchant cards for payments or who received payments through a third party network In preparation of this new reporting requirement the IRS amended the tax forms for business taxpayers including Schedule C filers to include Lines 1a 1d The paperwork impact of having to reconcile actual gross receipts with information provided from Form 1099 Ks would be enormous on the self employed and micro businesses and result in a potential negative audit environment We are pleased that congressional leaders in the Senate and House have introduced bi partisan legislation to correct IRS regulatory interpretation of credit card reporting requirements that burden the self employed and micro business community said Katie Vlietstra NASE Director of Government Affairs The

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/02/01/Updated_NASE_Supports_Bill_To_Cut_Excessive_Paperwork_For_Small_Businesses (2016-02-14)
    Open archived version from archive

  • NASE, Obama Administration Celebrate One-Year Anniversary Of Startup America Initiative
    Mortgage Loan Calculator Retirement Savings and Planning 401 k Calculator How long will my retirement savings last Tax 1040 Tax Calculator Payroll Deductions Calculator Self Employment Tax Calculator Helpful Links ASBDC Member Directory Search My NASE About Me Account Benefits Optional Benefits Payment Details Expert Questions Email Subscriptions Membership Directory Press Releases The Latest News from the NASE View all NASE news NASE Obama Administration Celebrate One Year Anniversary Of Startup America Initiative Tuesday January 31 2012 For Immediate Release Contact Kristin Oberlander 202 466 2100 koberlander NASEadmin org Twitter NASEtweets NASE Calls For Greater Emphasis On Self Employed Businesses Washington D C January 31 2012 President Barack Obama celebrated the entrepreneurial initiative enacted one year ago by asking Congress for additional tax breaks and assistance for small businesses According to the White House the Startup America Initiative seeks to merge public and private sector forces to help encourage business growth and job creation The new action plan calls for an extension of the 10 000 deduction for startup expenses and 100 percent depreciation for equipment in the first year of business The NASE is happy to see the President highlight the pivotal role that small businesses play in the economy by sending his agenda to Congress said NASE President and CEO Kristie L Arslan Tax incentives for startups and for businesses that have recently purchased new equipment are certainly a start but we are concerned that so few of the policies suggested actually apply to the largest segment of small businesses the self employed and micro businesses That key demographic makes up more than 78 of the nation s small business population President Obama s legislative agenda also included increasing access to capital through the creation of a national crowdfunding framework and expanding the yearly budget for the Small

    Original URL path: http://selfemployed.nase.org/about-us/media-relations/PressReleases/2012/01/31/NASE_Obama_Administration_Celebrate_One-Year_Anniversary_Of_Startup_America_Initiative (2016-02-14)
    Open archived version from archive